GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Beverages - Alcoholic » Ambev SA (BUE:ABEV) » Definitions » Other Current Assets

Ambev (BUE:ABEV) Other Current Assets : ARS145,040 Mil (As of Dec. 2023)


View and export this data going back to 2019. Start your Free Trial

What is Ambev Other Current Assets?

Ambev's other current assets for the quarter that ended in Dec. 2023 was ARS145,040 Mil.

Ambev's quarterly other current assets increased from Jun. 2023 (ARS77,472 Mil) to Sep. 2023 (ARS101,176 Mil) and increased from Sep. 2023 (ARS101,176 Mil) to Dec. 2023 (ARS145,040Mil).

Ambev's annual other current assets increased from Dec. 2021 (ARS41,541 Mil) to Dec. 2022 (ARS53,327 Mil) increased from Dec. 2022 (ARS53,327 Mil) to Dec. 2023 (ARS145,040 Mil).


Ambev Other Current Assets Historical Data

The historical data trend for Ambev'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.

Ambev Other Current Assets Chart

Ambev 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 21,639.08 27,480.99 41,541.47 53,327.49 145,039.51

Ambev 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 53,327.49 77,080.46 77,471.74 101,176.42 145,039.51

Ambev 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.


Ambev Other Current Assets Related Terms

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


Ambev (BUE:ABEV) Business Description

Traded in Other Exchanges
Address
Rua Doutor Renato Paes de Barros, 1017, 3rd Floor, Sao Paulo, SP, BRA, 04530-001
Ambev is the largest brewer in Latin America and the Caribbean and is Anheuser-Busch InBev's subsidiary in the region. It produces, distributes, and sells beer and PepsiCo products in Brazil and other Latin American countries and owns Argentina's largest brewer, Quinsa. Ambev was formed in 1999 through the merger of Brazil's two largest beverage companies, Brahma and Antarctica. In 2004, Ambev combined with Canadian brewer Labatt, giving Interbrew (now AB InBev) a controlling interest of 61.8% as at the end of 2022.

Ambev (BUE:ABEV) Headlines

From GuruFocus

Ambev's 2021 Annual Report on Form 20-F Available on Our Website

By GuruFocusNews GuruFocusNews 03-18-2022

First Eagle Comments on Ambev

By Sydnee Gatewood 10-29-2021

Ambev Reports 2020 First Quarter Results Under IFRS

By Marketwired Marketwired 05-07-2020

Ambev SA Stock Is Believed To Be Modestly Undervalued

By GF Value GF Value 05-07-2021

Ambev: A Stock Worth Owning Before the Correction

By Jonathan Poland Jonathan Poland 03-29-2017

First Eagle Comments on Ambev

By Sydnee Gatewood 07-27-2021

The Yacktman Focused Fund's Top New Stock Picks

By Margaret Moran Margaret Moran 07-23-2020