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Broadcom (Broadcom) Other Current Assets : $131 Mil (As of Sep. 2015)


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What is Broadcom Other Current Assets?

Broadcom's other current assets for the quarter that ended in Sep. 2015 was $131 Mil.

Broadcom's quarterly other current assets declined from Mar. 2015 ($154 Mil) to Jun. 2015 ($145 Mil) and declined from Jun. 2015 ($145 Mil) to Sep. 2015 ($131Mil).

Broadcom's annual other current assets increased from Dec. 2012 ($140 Mil) to Dec. 2013 ($163 Mil) declined from Dec. 2013 ($163 Mil) to Dec. 2014 ($131 Mil).


Broadcom Other Current Assets Historical Data

The historical data trend for Broadcom'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.

Broadcom Other Current Assets Chart

Broadcom Annual Data
Trend Dec05 Dec06 Dec07 Dec08 Dec09 Dec10 Dec11 Dec12 Dec13 Dec14
Other Current Assets
Get a 7-Day Free Trial Premium Member Only Premium Member Only 108.25 124.00 140.00 163.00 131.00

Broadcom Quarterly Data
Dec10 Mar11 Jun11 Sep11 Dec11 Mar12 Jun12 Sep12 Dec12 Mar13 Jun13 Sep13 Dec13 Mar14 Jun14 Sep14 Dec14 Mar15 Jun15 Sep15
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 140.00 131.00 154.00 145.00 131.00

Broadcom 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.


Broadcom Other Current Assets Related Terms

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Broadcom (Broadcom) Business Description

Traded in Other Exchanges
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Address
Broadcom Corp was incorporated in California in August 16, 1991. The Company is provider of semiconductors for wired and wireless communications. It provides a portfolio of SoCs that seamlessly deliver voice, video, data and multimedia connectivity in the home, office and mobile environments. Its business segments include Broadband and Connectivity; and Infrastructure and Networking. The solutions in Broadband and Connectivity segment include set-top box solutions, broadband modem solutions, connectivity solutions, and a range of other technologies. Customer products incorporating its solutions in Broadband and Connectivity segment include set-top boxes, or STBs, central office broadband access equipment, residential gateways, stand-alone broadband access modems, and a range of consumer devices, including smartphones and tablets, wearable devices, PCs, laptops, access points, and others. It offers complete platform solutions for cable, satellite, Internet Protocol, over-the-top and terrestrial STBs. Its solutions in Infrastructure and Networking segment include Ethernet switches and PHYs, which includes switches and fabrics; copper and optical transceivers; backplane and optical front-end physical layer devices; processors (including multicore processors); and other Infrastructure and Networking technologies (including knowledge-based processors, VoIP solutions, microwave backhaul solutions and radio head digital front ends). It also offers a family of Ethernet controllers. Customer products incorporating its solutions in Infrastructure and Networking segment include service provider metro equipment; edge and core routers, wireless infrastructure and wireless access points; switches and routers; servers and workstations; network interface cards; LAN on motherboard applications; optical networks and dense wave division multiplexing applications; security appliances; storage controllers; microwave links for wireless backhaul; cellular remote radio heads; automobile Ethernet networks; point-of-sale equipment; and other embedded SoC subsystems. Its customers shipping wired and/or wireless communications equipment and devices incorporating its products include Alcatel-Lucent, Apple, Arris, Cisco, Huawei Technologies, Humax, Pace, Samsung, Technicolor, ZTE. Its trademark includes Broadcom and BroadR-Reach. The Company's competitors include Intel Corporation, Marvell Technology Group Ltd., Mediatek Inc., Qualcomm Incorporation, and STMicroelectronics NV with respect to Broadband and Connectivity segment; and Cavium, Inc., Freescale Semiconductor,Ltd., Intel Corporation, Marvell Technology Group Ltd., and Mellanox with respect to Infrastructure and Networking segment. The Company's production is subject to environmental rules and regulations.
Executives
Nancy H Handel director 567 SAN NICOLAS DRIVE, SUITE 360, NEWPORT BEACH CA 92660
Rajiv Ramaswami officer: Former EVP&GM, ING 5300 CALIFORNIA AVENUE, IRVINE CA 92617
Robert J Finocchio director C/O ALTERA CORP 101 INNOVATION DRIVE SAN JOSE CA 95134
John E Major director C/O LENNOX INTERNATIONAL INC., 2140 LAKE PARK BOULEVARD, RICHARDSON TX 75080-2254
Michael E. Hurlston officer: Former EVP, Worldwide Sales 5300 CALIFORNIA AVENUE, IRVINE CA 92617
Neil Y. Kim officer: Former EVP, Ops. & Central Eng MARVELL SEMICONDUCTOR, INC., 5488 MARVELL LANE, SANTA CLARA CA 95054
William T Morrow director 77 BEALE STREET, 32ND FLOOR, SAN FRANCISCO CA 94105
Robert E Switz director 13625 TECHNOLOGY DRIVE, EDEN PRAIRIE MN 55344
Maria Klawe director C/O MICROSOFT CORPORATION, ONE MICROSOFT WAY, REDMOND WA 98052-6399
Eric Brandt officer: Former EVP & CFO C/O DENTSPLY SIRONA INC, 13320 BALLANTYNE CORPORATE PLACE, CHARLOTTE NC 28277
Nancy R Phillips officer: Former EVP, Human Resources 1515 BROADWAY, NEW YORK NY 10036
Eddy W Hartenstein director
Henry Samueli director, officer: Chairman of the Board and CTO 5300 CALIFORNIA AVENUE, IRVINE CA 92617-3038
Scott A Mcgregor director, officer: Former President & CEO 5300 CALIFORNIA AVENUE, IRVINE CA 92617
Robert A. Rango officer: EVP & GM, Mobile&Wireless Grp 5300 CALIFORNIA AVENUE, IRVINE CA 92617

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