Royal UNIBREW A/S (OCSE:RBREW) Other Current Assets

: kr164 Mil (As of Dec. 2023)

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Royal UNIBREW A/S's other current assets for the quarter that ended in Dec. 2023 was kr164 Mil.

Royal UNIBREW A/S's quarterly other current assets declined from Jun. 2023 (kr175 Mil) to Sep. 2023 (kr162 Mil) but then increased from Sep. 2023 (kr162 Mil) to Dec. 2023 (kr164Mil).

Royal UNIBREW A/S's annual other current assets increased from Dec. 2021 (kr89 Mil) to Dec. 2022 (kr131 Mil) increased from Dec. 2022 (kr131 Mil) to Dec. 2023 (kr164 Mil).

Royal UNIBREW A/S Other Current Assets Historical Data

The historical data trend for Royal UNIBREW A/S'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.

Royal UNIBREW A/S Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Other Current Assets

59.00

54.00

89.00

131.00

164.00

Royal UNIBREW A/S 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																131.00	226.00	175.00	162.00	164.00

Royal UNIBREW A/S 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.

Royal UNIBREW A/S Other Current Assets Related Terms

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Royal UNIBREW A/S (OCSE:RBREW) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Beverages - Alcoholic » Royal UNIBREW A/S (OCSE:RBREW) » Definitions » Other Current Assets

Traded in Other Exchanges

RBREWc:UK 0R6Z:UK 0R1:Germany

Address

Faxe Alle 1, Faxe, DNK, DK-4640

Website

https://www.royalunibrew.com

Royal UNIBREW A/S produces and sells alcoholic and nonalcoholic beverages including beer, malt beverages, cider, soft drinks, juice, and water. The company operating segments are Northern Europe, Western Europe and International. The vast majority of the company's revenue comes from its Northern Europe segment, which includes Denmark, Germany, and Italy, Finland, Latvia, Lithuania, and Estonia.

Royal UNIBREW A/S (OCSE:RBREW) Headlines

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