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Bio-Rad Laboratories's other current assets for the quarter that ended in Dec. 2023 was $172 Mil.
Bio-Rad Laboratories's quarterly other current assets increased from Jun. 2023 ($148 Mil) to Sep. 2023 ($155 Mil) and increased from Sep. 2023 ($155 Mil) to Dec. 2023 ($172Mil).
Bio-Rad Laboratories's annual other current assets increased from Dec. 2021 ($125 Mil) to Dec. 2022 ($153 Mil) increased from Dec. 2022 ($153 Mil) to Dec. 2023 ($172 Mil).
The historical data trend for Bio-Rad Laboratories'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.
Bio-Rad Laboratories Annual Data | |||||||||||||||||||||
Trend | Dec14 | Dec15 | Dec16 | Dec17 | Dec18 | Dec19 | Dec20 | Dec21 | Dec22 | Dec23 | |||||||||||
Other Current Assets | Get a 7-Day Free Trial | 118.83 | 107.04 | 124.79 | 153.34 | 171.65 |
Bio-Rad Laboratories 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 | 153.34 | 174.59 | 148.01 | 154.56 | 171.65 |
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:
The assets grouped under other current assets are most commonly:
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.
Thank you for viewing the detailed overview of Bio-Rad Laboratories's Other Current Assets provided by GuruFocus.com. Please click on the following links to see related term pages.
Tania Devilliers | officer: INT PRIN ACCTG OFC | C/O BIO-RAD LABORATORIES, INC., 1000 ALFRED NOBEL DRIVE, HERCULES CA 94547 |
Sedat Evran | officer: EVP, Global Supply Chain | C/O BIO-RAD LABORATORIES, INC., 1000 ALFRED NOBEL DRIVE, HERCULES CA 94547 |
Corey Colleen | officer: EVP, Global Human Resources | 1000 ALFRED NOBEL DRIVE, HERCULES CA 94547 |
Diane Dahowski | officer: EVP, Global Supply Chain | C/O BIO-RAD LABORATORIES, INC., 1000 ALFRED NOBEL DRIVE, HERCULES CA 94547 |
Schwartz Allison | director | C/O BIO-RAD LABORATORIES, INC., 1000 ALFRED NOBEL DRIVE, HERCULES CA 94547 |
Simon May | officer: EVP, President, LSG | C/O BIO-RAD LABORATORIES, INC., 1000 ALFRED NOBEL DRIVE, HERCULES CA 94547 |
Andrew J. Last | officer: EVP, Chief Operating Officer | 3420 CENTRAL EXPRESSWAY, SANTA CLARA CA 95051 |
Ajit Ramalingam | officer: SVP, Chief Accounting Officer | C/O BIO-RAD LABORATORIES, INC., 1000 ALFRED NOBEL DRIVE, HERCULES CA 94547 |
Ilan Daskal | officer: EVP, Chief Financial Officer | 1000 ALFRED NOBEL DRIVE, HERCULES CA 94547 |
Timothy S Ernst | officer: EVP, General Counsel & Sec | 1000 ALFRED NOBEL DRIVE, HERCULES CA 94547 |
Dara Wright | officer: Executive Vice President | C/O BIO-RAD LABORATORIES, INC., 1000 ALFRED NOBEL DRIVE, HERCULES CA 94547 |
Michael Crowley | officer: EVP, GBL Commercial Operations | 1000 ALFRED NOBEL DRIVE, HERCULES CA 94547 |
Steven D Schwartz | 10 percent owner | 1000 ALFRED NOBEL DRIVE, HERCULES CA 94547 |
Alice N Schwartz | director, 10 percent owner | |
Norman D Schwartz | director, 10 percent owner, officer: Chairman, President, and CEO | 1000 ALFRED NOBEL DRIVE, HERCULES CA 94547 |
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