GURUFOCUS.COM » STOCK LIST » Technology » Hardware » Keysight Technologies Inc (BSP:K1SG34) » Definitions » Other Current Assets

Keysight Technologies (BSP:K1SG34) Other Current Assets : R$2,473 Mil (As of Apr. 2024)


View and export this data going back to 2020. Start your Free Trial

What is Keysight Technologies Other Current Assets?

Keysight Technologies's other current assets for the quarter that ended in Apr. 2024 was R$2,473 Mil.

Keysight Technologies's quarterly other current assets increased from Oct. 2023 (R$2,285 Mil) to Jan. 2024 (R$2,454 Mil) and increased from Jan. 2024 (R$2,454 Mil) to Apr. 2024 (R$2,473Mil).

Keysight Technologies's annual other current assets increased from Oct. 2021 (R$1,496 Mil) to Oct. 2022 (R$2,253 Mil) increased from Oct. 2022 (R$2,253 Mil) to Oct. 2023 (R$2,285 Mil).


Keysight Technologies Other Current Assets Historical Data

The historical data trend for Keysight Technologies'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.

Keysight Technologies Other Current Assets Chart

Keysight Technologies Annual Data
Trend Oct14 Oct15 Oct16 Oct17 Oct18 Oct19 Oct20 Oct21 Oct22 Oct23
Other Current Assets
Get a 7-Day Free Trial Premium Member Only Premium Member Only 996.13 1,434.45 1,496.23 2,253.15 2,285.27

Keysight Technologies Quarterly Data
Jul19 Oct19 Jan20 Apr20 Jul20 Oct20 Jan21 Apr21 Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24 Apr24
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 2,279.76 2,217.83 2,285.27 2,454.18 2,472.66

Keysight Technologies 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.


Keysight Technologies Other Current Assets Related Terms

Thank you for viewing the detailed overview of Keysight Technologies's Other Current Assets provided by GuruFocus.com. Please click on the following links to see related term pages.


Keysight Technologies (BSP:K1SG34) Business Description

Traded in Other Exchanges
Address
1400 Fountaingrove Parkway, Santa Rosa, CA, USA, 95403-1738
Keysight Technologies is a leader in the field of testing and measurement, helping electronics OEMs and suppliers alike bring products to market to fit industry standards and specifications. Keysight specializes in the communications market, but also supplies into the government, automotive, industrial, and semiconductor manufacturing markets. Keysight's solutions include testing tools, analytical software, and services. The firm's stated objective is to reduce time to market and improve efficiency at its more than 30,000 customers.

Keysight Technologies (BSP:K1SG34) Headlines

No Headlines