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Cosan (CZZ) Other Current Assets : $125 Mil (As of Sep. 2020)


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What is Cosan Other Current Assets?

Cosan's other current assets for the quarter that ended in Sep. 2020 was $125 Mil.

Cosan's quarterly other current assets declined from Mar. 2020 ($140 Mil) to Jun. 2020 ($135 Mil) and declined from Jun. 2020 ($135 Mil) to Sep. 2020 ($125Mil).

Cosan's annual other current assets declined from Dec. 2017 ($201 Mil) to Dec. 2018 ($187 Mil) declined from Dec. 2018 ($187 Mil) to Dec. 2019 ($122 Mil).


Cosan Other Current Assets Historical Data

The historical data trend for Cosan'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.

Cosan Other Current Assets Chart

Cosan Annual Data
Trend Mar10 Mar11 Mar12 Mar13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19
Other Current Assets
Get a 7-Day Free Trial Premium Member Only Premium Member Only 124.80 140.12 200.72 186.87 122.06

Cosan Quarterly Data
Dec15 Mar16 Jun16 Sep16 Dec16 Mar17 Jun17 Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20
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 142.52 122.06 139.63 135.15 125.25

Cosan 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.


Cosan Other Current Assets Related Terms

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Cosan (CZZ) Business Description

Industry
Traded in Other Exchanges
N/A
Address
4100, Avenue Brigadeiro Faria Lima, 15th Floor, Sao Paulo, SP, BRA, 04538-132
Cosan Ltd is engaged in the production of sugar, ethanol, fuel, and gas. The company reportable segments include Raizen Energia, Raizen Combustiveis, Comgas, Logistic, and Moove as well as Cosan Corporate. It generates maximum revenue from the Raizen Combustiveis segment. Geographically, the company generates maximum revenue from Brazil and also has a presence in Europe, Latin America, North America, and Asia and Other Countries.