Switch to:
Chicago Bridge & Iron Co NV (NYSE:CBI)
Other Current Assets
$1,396 Mil (As of Mar. 2016)

Chicago Bridge & Iron Co NV's other current assets for the quarter that ended in Mar. 2016 was $1,396 Mil.

Chicago Bridge & Iron Co NV's quarterly other current assets declined from Sep. 2015 ($2,734 Mil) to Dec. 2015 ($1,198 Mil) but then increased from Dec. 2015 ($1,198 Mil) to Mar. 2016 ($1,396 Mil).

Chicago Bridge & Iron Co NV's annual other current assets increased from Dec. 2013 ($1,281 Mil) to Dec. 2014 ($1,586 Mil) but then declined from Dec. 2014 ($1,586 Mil) to Dec. 2015 ($1,198 Mil).


Technically, the other current assets line may include any asset that will be used up within the next 12 months. However, “other current assets” never include assets that are listed elsewhere in the current assets section of the balance sheet. For this reason, other current assets are almost never:

• Cash
• Trade Receivables
• Inventory

The assets grouped under “other current assets” are most commonly:

• Prepaid Expenses
• Tax Assets
• Non-Trade Receivables
• Other (too numerous to list)

Some companies can and do choose to report each of these items separately.

Other current assets may be made up largely of “Prepaid Expenses” - unless these are listed on a separate line of the balance sheet.

Prepaid expenses are exactly what they sound like. If a company pays a $30 million insurance premium on the last day of June that will provide coverage for the entire month of July, the company will record a $30 million prepaid expense to account for the insurance expense it will show in July that it already paid for in June.

Tax assets can be quite complex. It is not common for companies to have both tax assets and tax liabilities. It is important that investors take note of both items when considering future taxes.

Non-Trade receivables are rarely a large item. They include money owed to the company by non-customers. Non-trade receivables can be caused by related party transactions, the sale of a business unit, etc. The notes to the company’s financial statements will often provide much more detail on this item if it is truly important.

There are a variety of other current assets like non-trade receivables which are simply too numerous to list. If a company is following correct reporting procedures, it should not lump items that are different from one another and yet individually important to the company together under the line “Other Current Assets”.

At most companies, “other current assets” are a small and unimportant part of the total balance sheet.

Related Terms

Total Current Assets

Historical Data

* All numbers are in millions except for per share data and ratio. All numbers are in their own currency.

Chicago Bridge & Iron Co NV Annual Data

Other Current Assets 1874965073923604861,2931,2811,5861,198

Chicago Bridge & Iron Co NV Quarterly Data

Other Current Assets 1,2811,4021,3681,2291,5861,9202,5032,7341,1981,396
Get WordPress Plugins for easy affiliate links on Stock Tickers and Guru Names | Earn affiliate commissions by embedding GuruFocus Charts
GuruFocus Affiliate Program: Earn up to $400 per referral. ( Learn More)