GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Restaurants » Elior Group SA (OTCPK:ELROF) » Definitions » Other Current Assets

ELROF (Elior Group) Other Current Assets : $239 Mil (As of Sep. 2024)


View and export this data going back to 2014. Start your Free Trial

What is Elior Group Other Current Assets?

Elior Group's other current assets for the quarter that ended in Sep. 2024 was $239 Mil.

Elior Group's quarterly other current assets declined from Sep. 2023 ($218 Mil) to Mar. 2024 ($96 Mil) but then increased from Mar. 2024 ($96 Mil) to Sep. 2024 ($239Mil).

Elior Group's annual other current assets increased from Sep. 2022 ($175 Mil) to Sep. 2023 ($218 Mil) increased from Sep. 2023 ($218 Mil) to Sep. 2024 ($239 Mil).


Elior Group Other Current Assets Historical Data

The historical data trend for Elior Group'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.

Elior Group Other Current Assets Chart

Elior Group Annual Data
Trend Sep15 Sep16 Sep17 Sep18 Sep19 Sep20 Sep21 Sep22 Sep23 Sep24
Other Current Assets
Get a 7-Day Free Trial Premium Member Only Premium Member Only 202.59 185.88 175.25 217.72 238.62

Elior Group Semi-Annual Data
Mar15 Sep15 Mar16 Sep16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23 Mar24 Sep24
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 175.25 79.23 217.72 95.65 238.62

Elior Group 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.


Elior Group Other Current Assets Related Terms

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


Elior Group Business Description

Traded in Other Exchanges
Address
9-11 allee de l’Arche, Paris La Defense, FRA, 92032
Elior Group SA operates in the contracted food and support services industry. Its business is divided into Contract Catering and Services. It provides catering services to Business and Industry Market, Education Market, Healthcare and Welfare Industry Market. In Services, Company provide Cleaning and Energy Services to Business and Industries. Also include Solutions to aeronautics sector, HR & temporary staffing solutions, Urban area solutions. It has developed and promoted brands such as Elior, Elior services, Areas, Gemeaz, Serunion, etc. The firm mainly operates in France, Italy, the United States, Spain, and the United Kingdom, with maximum revenue from France.