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PREPAYMENT AND OTHER CURRENT ASSETS

12 Months Ended

Dec. 31, 2019

PREPAYMENT AND OTHER CURRENT ASSETS

PREPAYMENT AND OTHER CURRENT ASSETS

6. PREPAYMENT AND OTHER CURRENT ASSETS

Prepayment and other current assets, as of December 31, 2018 and 2019 were as follows:

		As of December 31,
		2018		2019
Value added tax recoverable		70,908		112,362
Rebate receivable from suppliers		58,827		57,749
Deposits (Note)		11,602		8,831
Advance to suppliers		3,315		14,807
Prepaid IT & Insurance expense		5,034		7,249
Interest receivable		2,124		612
Others		9,337		6,994
Total		161,147		208,604

Note: Deposits consist of amounts paid to certain vendors for advertising and rentals utilized within one year.

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The entire disclosure of prepayments and other current assets that provide economic benefits within a future period of one year or the normal operating cycle, if longer.

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