GURUFOCUS.COM » STOCK LIST » Industrials » Construction » Skanska AB (FRA:SKNB) » Definitions » Other Current Assets

Skanska AB (FRA:SKNB) Other Current Assets : €158 Mil (As of Mar. 2025)


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

What is Skanska AB Other Current Assets?

Skanska AB's other current assets for the quarter that ended in Mar. 2025 was €158 Mil.

Skanska AB's quarterly other current assets increased from Sep. 2024 (€150 Mil) to Dec. 2024 (€858 Mil) but then declined from Dec. 2024 (€858 Mil) to Mar. 2025 (€158Mil).

Skanska AB's annual other current assets declined from Dec. 2022 (€616 Mil) to Dec. 2023 (€596 Mil) increased from Dec. 2023 (€596 Mil) to Dec. 2024 (€858 Mil).


Skanska AB Other Current Assets Historical Data

The historical data trend for Skanska AB'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.

Skanska AB Other Current Assets Chart

Skanska AB Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Other Current Assets
Get a 7-Day Free Trial Premium Member Only Premium Member Only 525.55 630.43 615.99 595.92 857.54

Skanska AB Quarterly Data
Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25
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 168.07 147.23 150.01 857.54 157.74

Skanska AB 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.


Skanska AB Other Current Assets Related Terms

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


Skanska AB Business Description

Address
Warfvinges vag 25, Stockholm, SWE, 112 74
Skanska AB is one of the world's construction and project development companies. It develops properties and structures in the Nordic region, North America, and elsewhere. The company uses its skills and expertise to develop highways, bridges, mass transit, houses, and logistic centers. Skanska operates in business segments: construction (the majority of total revenue), residential development, Investment Properties, and commercial property development. The majority of revenue derives from Sweden.

Skanska AB Headlines

No Headlines