Pearson (XTER:PES) Other Current Assets

: €1,430 Mil (As of Dec. 2023)

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Pearson's other current assets for the quarter that ended in Dec. 2023 was €1,430 Mil.

Pearson's quarterly other current assets declined from Dec. 2022 (€1,419 Mil) to Jun. 2023 (€1,153 Mil) but then increased from Jun. 2023 (€1,153 Mil) to Dec. 2023 (€1,430Mil).

Pearson's annual other current assets increased from Dec. 2021 (€1,346 Mil) to Dec. 2022 (€1,419 Mil) increased from Dec. 2022 (€1,419 Mil) to Dec. 2023 (€1,430 Mil).

Pearson Other Current Assets Historical Data

The historical data trend for Pearson'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.

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Pearson Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Other Current Assets

1,720.97

1,331.33

1,346.33

1,418.87

1,430.06

Pearson Semi-Annual Data
	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Other Current Assets																1,346.33	1,343.27	1,418.87	1,152.59	1,430.06

Pearson 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.

Pearson Other Current Assets Related Terms

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Pearson (XTER:PES) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Communication Services » Media - Diversified » Pearson PLC (XTER:PES) » Definitions » Other Current Assets

Comparable Companies

Traded in Other Exchanges

PSORF:USA PSO:USA PSONl:UK PSON:UK PES:Germany

Address

80 Strand, London, GBR, WC2R 0RL

Website

https://plc.pearson.com

U.K.-listed Pearson is the world's largest educational provider. The company has been disposing of noncore businesses such as the Financial Times, The Economist, and publishing house Penguin, and is now focused on being an educational resource and testing provider. While Pearson's primary activity centres on higher-level education, the firm also has significant operations in providing clinical assessments, professional certification and testing.

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