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Chicago Bridge & Iron Co NV (FRA:BDZ) Other Current Assets : €197 Mil (As of Mar. 2018)


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What is Chicago Bridge & Iron Co NV Other Current Assets?

Chicago Bridge & Iron Co NV's other current assets for the quarter that ended in Mar. 2018 was €197 Mil.

Chicago Bridge & Iron Co NV's quarterly other current assets declined from Sep. 2017 (€1,270 Mil) to Dec. 2017 (€135 Mil) but then increased from Dec. 2017 (€135 Mil) to Mar. 2018 (€197Mil).

Chicago Bridge & Iron Co NV's annual other current assets increased from Dec. 2015 (€168 Mil) to Dec. 2016 (€556 Mil) declined from Dec. 2016 (€556 Mil) to Dec. 2017 (€135 Mil).


Chicago Bridge & Iron Co NV Other Current Assets Historical Data

The historical data trend for Chicago Bridge & Iron Co NV'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.

Chicago Bridge & Iron Co NV Other Current Assets Chart

Chicago Bridge & Iron Co NV Annual Data
Trend Dec08 Dec09 Dec10 Dec11 Dec12 Dec13 Dec14 Dec15 Dec16 Dec17
Other Current Assets
Get a 7-Day Free Trial Premium Member Only Premium Member Only 521.15 600.64 167.85 556.39 135.33

Chicago Bridge & Iron Co NV Quarterly Data
Jun13 Sep13 Dec13 Mar14 Jun14 Sep14 Dec14 Mar15 Jun15 Sep15 Dec15 Mar16 Jun16 Sep16 Dec16 Mar17 Jun17 Sep17 Dec17 Mar18
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 1,359.25 425.00 1,270.23 135.33 197.18

Chicago Bridge & Iron Co NV 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.


Chicago Bridge & Iron Co NV Other Current Assets Related Terms

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Chicago Bridge & Iron Co NV (FRA:BDZ) Business Description

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Founded in 1889, Chicago Bridge & Iron provides a wide range of services, including conceptual design, technology, engineering, procurement, fabrication, modularization, construction, commissioning, maintenance, program management, and environmental services, to customers in the global energy infrastructure market. It also provides diversified government services. It generated 2017 adjusted revenue and adjusted EBIT of $5.8 billion and a loss of $180 million, respectively. CB&I employs 34,000 at active projects in more than 70 countries.

Chicago Bridge & Iron Co NV (FRA:BDZ) Headlines

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