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Budweiser Brewing Co APAC (Budweiser Brewing Co APAC) Other Current Assets : $214 Mil (As of Dec. 2023)


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What is Budweiser Brewing Co APAC Other Current Assets?

Budweiser Brewing Co APAC's other current assets for the quarter that ended in Dec. 2023 was $214 Mil.

Budweiser Brewing Co APAC's quarterly other current assets declined from Jun. 2023 ($193 Mil) to Sep. 2023 ($0 Mil) but then increased from Sep. 2023 ($0 Mil) to Dec. 2023 ($214Mil).

Budweiser Brewing Co APAC's annual other current assets declined from Dec. 2021 ($223 Mil) to Dec. 2022 ($172 Mil) increased from Dec. 2022 ($172 Mil) to Dec. 2023 ($214 Mil).


Budweiser Brewing Co APAC Other Current Assets Historical Data

The historical data trend for Budweiser Brewing Co APAC'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.

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Budweiser Brewing Co APAC Other Current Assets Chart

Budweiser Brewing Co APAC Annual Data
Trend Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Other Current Assets
Get a 7-Day Free Trial 190.00 227.00 223.00 172.00 214.00

Budweiser Brewing Co APAC Quarterly Data
Dec17 Mar18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Sep22 Dec22 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 - 172.00 193.00 - 214.00

Budweiser Brewing Co APAC 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.


Budweiser Brewing Co APAC Other Current Assets Related Terms

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Budweiser Brewing Co APAC (Budweiser Brewing Co APAC) Business Description

Traded in Other Exchanges
Address
1 Matheson Street, Suites 3012-16, Tower Two, Times Square, Causeway Bay, Hong Kong, HKG
Budweiser Brewing Company APAC is the largest brewer in Asia by retail sales value and the second largest by volume, according to Euromonitor. After 10% of the business was listed on the Hong Kong exchange in 2019, parent company Anheuser-Busch InBev owns close to 90% of the company's equity.Budweiser APAC's largest markets are China (roughly 80% of 2022 revenue), South Korea (12%), and India (6%). The remaining 2% comprises Japan, New Zealand, and other export markets in the Asia-Pacific region. The company predominantly produces, imports, markets, distributes, and sells a portfolio of more than 50 beer brands, both owned and licensed, including global brands Budweiser, Stella Artois, and Corona along with multicountry brands and local brands such as Hoegaarden, Cass, and Harbin.

Budweiser Brewing Co APAC (Budweiser Brewing Co APAC) Headlines