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B/E Aerospace (B/E Aerospace) Other Current Assets : $54 Mil (As of Dec. 2016)


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What is B/E Aerospace Other Current Assets?

B/E Aerospace's other current assets for the quarter that ended in Dec. 2016 was $54 Mil.

B/E Aerospace's quarterly other current assets increased from Jun. 2016 ($58 Mil) to Sep. 2016 ($60 Mil) but then declined from Sep. 2016 ($60 Mil) to Dec. 2016 ($54Mil).

B/E Aerospace's annual other current assets declined from Dec. 2014 ($148 Mil) to Dec. 2015 ($58 Mil) declined from Dec. 2015 ($58 Mil) to Dec. 2016 ($54 Mil).


B/E Aerospace Other Current Assets Historical Data

The historical data trend for B/E Aerospace's Other Current Assets can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

B/E Aerospace Other Current Assets Chart

B/E Aerospace Annual Data
Trend Dec07 Dec08 Dec09 Dec10 Dec11 Dec12 Dec13 Dec14 Dec15 Dec16
Other Current Assets
Get a 7-Day Free Trial Premium Member Only Premium Member Only 98.30 94.00 148.30 57.80 54.20

B/E Aerospace Quarterly Data
Mar12 Jun12 Sep12 Dec12 Mar13 Jun13 Sep13 Dec13 Mar14 Jun14 Sep14 Dec14 Mar15 Jun15 Sep15 Dec15 Mar16 Jun16 Sep16 Dec16
Other Current Assets Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 57.80 53.80 57.70 60.40 54.20

B/E Aerospace Other Current Assets Calculation

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.


B/E Aerospace Other Current Assets Related Terms

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B/E Aerospace (B/E Aerospace) Business Description

Traded in Other Exchanges
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Address
B/E Aerospace Inc is a Delaware corporation incorporated in 1987. The Company manufactures aircraft cabin interior products. It designs, develops and manufactures products for both commercial aircrafts and business jets. It offers products including aircraft cabin seating, lighting systems, oxygen systems, food and beverage preparation and storage equipment, galley systems, and modular lavatory systems. It also provides cabin interior reconfiguration, program management and certification services. In addition, it also designs, engineers and manufactures customized and fully integrated thermal and power management solutions. The Company sells and supports its products through its direct sales and product support organization. The Company's operations are subject to changing federal, state and foreign laws and regulations establishing health and environmental quality standards, including those governing discharges of pollutants into the air and water and the management and disposal of hazardous substances and wastes.
Executives
James F Albaugh director C/O THE BOEING COMPANY, 100 NORTH RIVERSIDE PLAZA, CHICAGO IL 60606
David J Anderson director C/O HONEYWELL INTERNATIONAL INC, 101 COLUMBIA ROAD, MORRISTOWN NJ 09762
Mary M Vandeweghe director 1601 W. DIEHL ROAD, NAPERVILLE IL 60563
Amin J Khoury director, officer: Executive Chairman 1300 CORPORATE CENTER WAY, WELLINGTON FL 33414
Joseph T Lower officer: VP and CFO 200 SW 1ST AVE, SUITE 1600, FORT LAUDERDALE FL 33301
Richard Hamermesh director C/O BE AEROSPACE, INC., 1400 CORPORATE CENTER WAY, WELLINGTON FL 33414
John T Whates director 1400 CORPORATE CENTER WAY, WELLINGTON FL 33414
John A Cuomo officer: Vice President & GM 6348 WALKER LANE, ALEXANDRIA VA 22310
Thomas P Mccaffrey officer: Sr. VP & CFO 1300 CORPORATE CENTER WAY, WELLINGTON FL 33414
Charles L Chadwell director C/O BE AEROSPACE, INC., 1400 CORPORATE CENTER WAY, WELLINGTON FL 33414
Kyri Loupis other: VP/CFO Consumable Mgmt Grp C/O JULIEN YOO, GOLDMAN SACHS, 200 WEST STREET, NEW YORK NY 10282
David C Hurley director C/O BE AEROSPACE INC, 1400 CORPORATE CENTERWAY, WELLINGTON FL 33414
Brian H Rowe director 538 COMMONS DRIVE, GOLDEN CO 80401

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