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Keurig Dr Pepper (Keurig Dr Pepper) Other Current Assets : $597 Mil (As of Mar. 2024)


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What is Keurig Dr Pepper Other Current Assets?

Keurig Dr Pepper's other current assets for the quarter that ended in Mar. 2024 was $597 Mil.

Keurig Dr Pepper's quarterly other current assets increased from Sep. 2023 ($389 Mil) to Dec. 2023 ($447 Mil) and increased from Dec. 2023 ($447 Mil) to Mar. 2024 ($597Mil).

Keurig Dr Pepper's annual other current assets declined from Dec. 2021 ($322 Mil) to Dec. 2022 ($287 Mil) increased from Dec. 2022 ($287 Mil) to Dec. 2023 ($447 Mil).


Keurig Dr Pepper Other Current Assets Historical Data

The historical data trend for Keurig Dr Pepper'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.

Keurig Dr Pepper Other Current Assets Chart

Keurig Dr Pepper 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 360.00 242.00 322.00 287.00 447.00

Keurig Dr Pepper Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 385.00 461.00 389.00 447.00 597.00

Keurig Dr Pepper 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.


Keurig Dr Pepper Other Current Assets Related Terms

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Keurig Dr Pepper (Keurig Dr Pepper) Business Description

Traded in Other Exchanges
Address
53 South Avenue, Burlington, MA, USA, 01803
Keurig Dr Pepper was established in 2018 following a merger between Keurig Green Mountain Coffee and Dr Pepper Snapple. The company manufactures and distributes coffee systems (including coffee brewers and single-serve coffee pods) under the Keurig and Green Mountain brands, as well as ready-to-drink beverages including flavored (non-cola) sparkling soft drinks under well-known brands such as Dr Pepper, Snapple, and Canada Dry. The company controls production and route to market for its own brands through in-house manufacturing plants and distribution infrastructure and leverages these facilities to manufacture and distribute for third-party coffee and beverage brands via licensing and partnership agreements. U.S. and Canada make up 95% of revenues, with the rest from Mexico.
Executives
Matthew Andrew Archambault officer: President, Commercial 6425 HALL OF FAME LANE, FRISCO TX 75034
Timothy P. Cofer officer: Chief Operating Officer 6425 HALL OF FAME LANE, FRISCO TX 75034
Karin Rotem-wildeman officer: Chief R&D Officer 6425 HALL OF FAME LANE, FRISCO TX 75034
Robert S Singer director 6301 FITCH PATH, NEW ALBANY OH 43054
Anthony Shoemaker officer: Chief Legal Officer 6425 HALL OF FAME LANE, FRISCO TX 75034
Maria A. Sceppaguercio-gever officer: Chief Corp. Affairs Officer 53 SOUTH AVENUE, BURLINGTON MA 01803
Roger Frederick Johnson officer: Chief Supply Chain Officer 53 SOUTH AVENUE, BURLINGTON MA 01803
Sudhanshu Shekhar Priyadarshi officer: Chief Financial Officer 6425 HALL OF FAME LANE, FRISCO TX 75034
Mondelez International, Inc. director 905 WEST FULTON MARKET, SUITE 200, CHICAGO IL 60607
Robert James Gamgort director, officer: CEO & President KEURIG DR PEPPER INC., 6425 HALL OF FAME LANE, FRISCO TX 75034
Larry D Young director, officer: President & CEO 5301 LEGACY DRIVE, PLANO TX 75024
Oray Boston director 6425 HALL OF FAME LANE, FRISCO TX 75034
Maurice Anthony Milikin officer: Chief Supply Chain Officer 6425 HALL OF FAME LANE, FRISCO TX 75034
Georgios Lagoudakis officer: Interim CFO 6425 HALL OF FAME LANE, FRISCO TX 75034
Justin Whitmore officer: Chief Strategy Officer 6425 HALL OF FAME LANE, FRISCO TX 75034