GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Retail - Cyclical » Almacenes Exito SA (BSP:EXCO32) » Definitions » Intangible Assets

Almacenes Exito (BSP:EXCO32) Intangible Assets : R$4,854 Mil (As of Sep. 2024)


View and export this data going back to 2023. Start your Free Trial

What is Almacenes Exito Intangible Assets?

Intangible assets are defined as identifiable non-monetary assets that cannot be seen, touched or physically measured. Almacenes Exito's intangible assets for the quarter that ended in Sep. 2024 was R$4,854 Mil.


Almacenes Exito Intangible Assets Historical Data

The historical data trend for Almacenes Exito's Intangible 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.

Almacenes Exito Intangible Assets Chart

Almacenes Exito Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Intangible Assets
Get a 7-Day Free Trial Premium Member Only Premium Member Only 3,780.79 4,563.51 4,862.55 4,299.17 4,216.77

Almacenes Exito Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
Intangible 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 4,491.30 4,216.77 4,586.27 5,194.35 4,853.51

Almacenes Exito Intangible Assets Calculation

Intangible assets are defined as identifiable non-monetary assets that cannot be seen, touched or physically measured. Examples of intangible assets include trade secrets, copyrights, patents, trademarks. If a company acquires assets at the prices above the book value, it may carry goodwill on its balance sheet. Goodwill reflects the difference between the price the company paid and the book value of the assets.


Almacenes Exito  (BSP:EXCO32) Intangible Assets Explanation

If a company (company A) received a patent through their own work, though it has value, it does not show up on its balance sheet as an intangible asset. However, if company A sells this patent to company B, it will show up on company B's balance sheet as an intangible asset.

The same applies to brand names, trade secrets etc. For instance, Coca-Cola's brand is extremely valuable, but the brand does not appear on its balance sheet, because the brand was never acquired.

Some intangibles are amortized. Amortization is the depreciation of intangible assets.

Many intangibles are not amortized. They may still be written down when the company decides the asset is impaired.

Whenever you see an increase in goodwill over a number of years, you can assume it's because the company is out buying other businesses above book value. GOOD if buying businesses with durable competitive advantage.

If goodwill stays the same, the company when acquiring other companies is either paying less than book value or not acquiring. Businesses with moats never sell for less than book value.

Intangibles acquired are on balance sheet at fair value.

Internally developed brand names (Coke, Wrigleys, Band-Aid) however are not reflected on the balance sheet.

One of the reasons competitive advantage power can remain hidden for so long.


Be Aware

Companies may change the way intangible assets are amortized, and this will affect their reported earnings.


Almacenes Exito Intangible Assets Related Terms

Thank you for viewing the detailed overview of Almacenes Exito's Intangible Assets provided by GuruFocus.com. Please click on the following links to see related term pages.


Almacenes Exito Business Description

Traded in Other Exchanges
Address
Carrera 48 No. 32 B Sur 139, Avenida Las Vegas, Envigado, COL, 3479
Almacenes Exito SA is a Colombian retailer that operates in its homeland and overseas. The company operates under three reportable segments Grupo Exito, Carulla, Low cost, and others in Colombia; Libertad in Argentina; and Disco, Devoto, and Geant chains in Uruguay. Exito has an omnichannel, multiformat, and multibrand model. Its store offerings include groceries and food, clothing, home appliances, oil-based liquid fuels, biofuels, personal care products, and home entertainment electronic and digital products.

Almacenes Exito Headlines

No Headlines