GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Retail - Cyclical » Grupo Casas Bahia SA (BSP:BHIA3) » Definitions » Other Current Assets

Grupo Casas Bahia (BSP:BHIA3) Other Current Assets : R$2,568 Mil (As of Dec. 2023)


View and export this data going back to 1996. Start your Free Trial

What is Grupo Casas Bahia Other Current Assets?

Grupo Casas Bahia's other current assets for the quarter that ended in Dec. 2023 was R$2,568 Mil.

Grupo Casas Bahia's quarterly other current assets increased from Jun. 2023 (R$2,792 Mil) to Sep. 2023 (R$2,815 Mil) but then declined from Sep. 2023 (R$2,815 Mil) to Dec. 2023 (R$2,568Mil).

Grupo Casas Bahia's annual other current assets increased from Dec. 2021 (R$2,360 Mil) to Dec. 2022 (R$2,636 Mil) declined from Dec. 2022 (R$2,636 Mil) to Dec. 2023 (R$2,568 Mil).


Grupo Casas Bahia Other Current Assets Historical Data

The historical data trend for Grupo Casas Bahia'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.

Grupo Casas Bahia Other Current Assets Chart

Grupo Casas Bahia Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Other Current Assets
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1,272.00 1,972.00 2,360.00 2,636.00 2,568.00

Grupo Casas Bahia Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 2,636.00 2,361.00 2,792.00 2,815.00 2,568.00

Grupo Casas Bahia 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.


Grupo Casas Bahia Other Current Assets Related Terms

Thank you for viewing the detailed overview of Grupo Casas Bahia's Other Current Assets provided by GuruFocus.com. Please click on the following links to see related term pages.


Grupo Casas Bahia (BSP:BHIA3) Business Description

Traded in Other Exchanges
Address
Eldorado Business Tower Avenue, 8501 – 23rd floor, Pinheiros, Sao Caetano do Sul, SP, BRA, CEP 05425-070
Grupo Casas Bahia SA formerly Via SA is a Brazil-based retailer that is principally engaged in the sale of consumer electronics, home appliances, mobile phones, and furniture. The company also provides credit card services to clients. The company operates through two traditional retail brand chains in Brazil; Casas Bahia and Pontofrio. Over two-thirds of the company's stores are under the Casas Bahia name, and all of its stores are located in Brazil. In addition to physical stores, the company also sells products through its websites of CNova.

Grupo Casas Bahia (BSP:BHIA3) Headlines

No Headlines