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Patisserie Holdings (Patisserie Holdings) Other Current Assets : $3.48 Mil (As of Mar. 2018)


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What is Patisserie Holdings Other Current Assets?

Patisserie Holdings's other current assets for the quarter that ended in Mar. 2018 was $3.48 Mil.

Patisserie Holdings's quarterly other current assets increased from Mar. 2017 ($3.13 Mil) to Sep. 2017 ($18.10 Mil) but then declined from Sep. 2017 ($18.10 Mil) to Mar. 2018 ($3.48Mil).

Patisserie Holdings's annual other current assets declined from Sep. 2015 ($16.46 Mil) to Sep. 2016 ($16.07 Mil) increased from Sep. 2016 ($16.07 Mil) to Sep. 2017 ($18.10 Mil).


Patisserie Holdings Other Current Assets Historical Data

The historical data trend for Patisserie Holdings'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.

Patisserie Holdings Other Current Assets Chart

Patisserie Holdings Annual Data
Trend Sep11 Sep12 Sep13 Sep14 Sep15 Sep16 Sep17
Other Current Assets
Get a 7-Day Free Trial 7.60 15.34 16.46 16.07 18.10

Patisserie Holdings Semi-Annual Data
Sep11 Sep12 Sep13 Mar14 Sep14 Mar15 Sep15 Mar16 Sep16 Mar17 Sep17 Mar18
Other Current Assets Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only 1.83 16.07 3.13 18.10 3.48

Patisserie Holdings 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.


Patisserie Holdings Other Current Assets Related Terms

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Patisserie Holdings (Patisserie Holdings) Business Description

Traded in Other Exchanges
N/A
Address
146 – 156 Sarehole Road, Birmingham, West Midlands, GBR, B28 8DT
Patisserie Holdings PLC operates a chain of cafes and casual diners in the United Kingdom. Its product offering includes cakes, pastries, snacks, meals, hot and cold drinks, teas, coffees, continental breakfasts and light meals. The company functions under five brands: Patisserie Valerie, Druckers - Vienna Patisserie, Philpotts, Baker and Spice and Flour Power City Bakery across England and Scotland. Patisserie recognizes its revenues through the sale of its products across the outlets.

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