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Kuoni Reisen Holding AG (XSWX:KUNN) Other Current Assets : CHF502 Mil (As of Dec. 2015)


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What is Kuoni Reisen Holding AG Other Current Assets?

Kuoni Reisen Holding AG's other current assets for the quarter that ended in Dec. 2015 was CHF502 Mil.

Kuoni Reisen Holding AG's quarterly other current assets declined from Jun. 2015 (CHF816 Mil) to Sep. 2015 (CHF323 Mil) but then increased from Sep. 2015 (CHF323 Mil) to Dec. 2015 (CHF502Mil).

Kuoni Reisen Holding AG's annual other current assets increased from Dec. 2013 (CHF200 Mil) to Dec. 2014 (CHF689 Mil) declined from Dec. 2014 (CHF689 Mil) to Dec. 2015 (CHF502 Mil).


Kuoni Reisen Holding AG Other Current Assets Historical Data

The historical data trend for Kuoni Reisen Holding AG'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.

Kuoni Reisen Holding AG Other Current Assets Chart

Kuoni Reisen Holding AG Annual Data
Trend Dec06 Dec07 Dec08 Dec09 Dec10 Dec11 Dec12 Dec13 Dec14 Dec15
Other Current Assets
Get a 7-Day Free Trial Premium Member Only Premium Member Only 180.35 188.37 199.99 688.50 501.70

Kuoni Reisen Holding AG Quarterly Data
Sep09 Dec09 Jun10 Sep10 Dec10 Jun11 Sep11 Dec11 Jun12 Sep12 Dec12 Jun13 Sep13 Dec13 Jun14 Sep14 Dec14 Jun15 Sep15 Dec15
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 - 688.50 815.60 322.90 501.70

Kuoni Reisen Holding AG 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.


Kuoni Reisen Holding AG Other Current Assets Related Terms

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Kuoni Reisen Holding AG (XSWX:KUNN) Business Description

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Kuoni Reisen Holding AG was established in 1906. The Company operates travel agencies and provides travel planning services. It provides leisure travel services as well as offers tours and support services for overseas travelers in Europe. The Company's business activities are split into three different areas: Destination Management, Tour operating and Visa services. Destination & Accommodation services involve procurement and supply of services as a specialized wholesaler and supplier. It provides accommodation and land components to online & offline travel agencies, tour operators and aggregators via its efficient, online distribution system. Tour Operating activities focus on outbound leisure travel from European and Asian source markets and offer a variety of tailor-made, individual and packaged holidays to end consumers and online & offline travel agencies. Visa Processing Services offers administrative parts of the visa application, and other consular processes.

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