Nexa Resources PeruA (LIM:NEXAPEI1) Other Current Assets : S/.397 Mil (As of Mar. 2024)

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What is Nexa Resources PeruA Other Current Assets?

Nexa Resources PeruA's other current assets for the quarter that ended in Mar. 2024 was S/.397 Mil.

Nexa Resources PeruA's quarterly other current assets increased from Sep. 2023 (S/.199 Mil) to Dec. 2023 (S/.209 Mil) and increased from Dec. 2023 (S/.209 Mil) to Mar. 2024 (S/.397Mil).

Nexa Resources PeruA's annual other current assets increased from Dec. 2021 (S/.82 Mil) to Dec. 2022 (S/.90 Mil) increased from Dec. 2022 (S/.90 Mil) to Dec. 2023 (S/.209 Mil).

Nexa Resources PeruA Other Current Assets Historical Data

The historical data trend for Nexa Resources PeruA'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.

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Nexa Resources PeruA Other Current Assets Chart

Nexa Resources PeruA Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Other Current Assets

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204.90

143.90

82.47

89.83

209.40

Nexa Resources PeruA Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Other Current Assets	Get a 7-Day Free Trial															109.78	168.38	199.42	209.40	397.04

Nexa Resources PeruA 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.

Nexa Resources PeruA Other Current Assets Related Terms

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Nexa Resources PeruA (LIM:NEXAPEI1) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Nexa Resources Peru SAA (LIM:NEXAPEI1) » Definitions » Other Current Assets

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NEXAPEC1:Peru

Address

Avenida Circunvalacion del Club Golf Los Incas No. 170, Torre El Golf Block A, Piso 22, Santiago de Surco, Lima, PER

Website

https://www.nexaresources.com

Nexa Resources Peru SAA is engaged in the exploration, exploitation, production, and commercialization of concentrates of zinc, copper, and lead, the last two with gold and silver contents, which it extracts from its mining claims. Its mining units are in the regions of Pasco, Ica, and Moquegua in Peru.

Nexa Resources PeruA (LIM:NEXAPEI1) Headlines

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