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Panera Bread Co (Panera Bread Co) Other Current Assets : $67 Mil (As of Mar. 2017)


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What is Panera Bread Co Other Current Assets?

Panera Bread Co's other current assets for the quarter that ended in Mar. 2017 was $67 Mil.

Panera Bread Co's quarterly other current assets declined from Sep. 2016 ($73 Mil) to Dec. 2016 ($69 Mil) and declined from Dec. 2016 ($69 Mil) to Mar. 2017 ($67Mil).

Panera Bread Co's annual other current assets increased from Dec. 2014 ($80 Mil) to Dec. 2015 ($123 Mil) declined from Dec. 2015 ($123 Mil) to Dec. 2016 ($69 Mil).


Panera Bread Co Other Current Assets Historical Data

The historical data trend for Panera Bread Co'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.

Panera Bread Co Other Current Assets Chart

Panera Bread Co Annual Data
Trend Dec07 Dec08 Dec09 Dec10 Dec11 Dec12 Dec13 Dec14 Dec15 Dec16
Other Current Assets
Get a 7-Day Free Trial Premium Member Only Premium Member Only 75.73 70.95 80.21 122.64 69.19

Panera Bread Co Quarterly Data
Jun12 Sep12 Dec12 Mar13 Jun13 Sep13 Dec13 Mar14 Jun14 Sep14 Dec14 Mar15 Jun15 Sep15 Dec15 Mar16 Jun16 Sep16 Dec16 Mar17
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 71.77 62.45 72.56 69.19 66.99

Panera Bread Co 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.


Panera Bread Co Other Current Assets Related Terms

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Panera Bread Co (Panera Bread Co) Business Description

Traded in Other Exchanges
N/A
Address
Panera Bread Co Inc owns and franchises bakery cum cafes various locations in the United States and Canada. These cafes are operated under the brand's names Panera Bread, Saint Louis Bread Co., and Paradise Bakery & Café. Their menu offerings include baked goods, sandwiches, soups, pasta dishes, salads, and cafe beverages. They also provide catering services by the Panera brand that offer breakfast assortments, sandwiches, salads, soups, pasta dishes, drinks, and bakery items. Segments through which business is conducted include company Bakery-Cafe Operations segment, Franchise Operations segment, and Fresh Dough and Other Product Operations segment. Revenues are generated from bakery cum cafe sales, royalties and fees from franchises, and fresh dough and other product sales.
Executives
Diane Hessan director 2 BATTERY WHARF, #2510, BOSTON MA 02109
James D White director C/O CAVA GROUP, INC., 202-400-2920 14 RIDGE SQUARE NW, SUITE 5, WASHINGTON DC 20016
Thomas E Lynch director 382 GREENWICH AVE, SUITE ONE, GREENWICH CT 06830
Andrew H Madsen officer: President 520 ZANG ST., UNIT D, BROOMFIELD CO 80021
Louis Dipietro officer: SVP, General Counsel 35 PARK STREET, NORFOLK MA 02056
Jeffrey W Kip officer: EVP, Chief Financial Officer 3630 SOUTH GEYER ROAD, SUITE 100, ST LOUIS MO 63127
Patricia Gray officer: SVP, Chief Legal Officer C/O AMERICAN SCIENCE AND ENGINEERING INC, 829 MIDDLESEX TURNPIKE, BILLERICA MA 01821
Yanofsky Neal officer: President 6710 CLAYTON ROAD RICHMOND HEIGHTS MO 63117

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