Acino Holding AG (LTS:0QM8) Other Current Assets: CHF9.24 Mil (As of Dec. 2013)

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What is Acino Holding AG Other Current Assets?

Acino Holding AG LTS:0QM8 Other Current Assets is CHF9.24 Mil as of Dec. 2013.

Acino Holding AG's other current assets for the quarter that ended in Dec. 2013 was CHF9.24 Mil.

Acino Holding AG's quarterly other current assets increased from Dec. 2011 (CHF10.85 Mil) to Dec. 2012 (CHF13.90 Mil) but then declined from Dec. 2012 (CHF13.90 Mil) to Dec. 2013 (CHF9.24Mil).

Acino Holding AG's annual other current assets increased from Dec. 2011 (CHF10.85 Mil) to Dec. 2012 (CHF13.90 Mil) declined from Dec. 2012 (CHF13.90 Mil) to Dec. 2013 (CHF9.24 Mil).


Acino Holding AG Other Current Assets Related Terms


Acino Holding AG Other Current Assets Historical Data

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The historical data trend for Acino Holding AG'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.

Acino Holding AG Other Current Assets Chart

Acino Holding AG Annual Data
Trend Dec04 Dec05 Dec06 Dec07 Dec08 Dec09 Dec10 Dec11 Dec12 Dec13
Other Current Assets
Get a 7-Day Free Trial Premium Member Only Premium Member Only 9.29 9.01 10.85 13.90 9.24

Acino Holding AG Semi-Annual Data
Dec03 Dec04 Dec05 Dec06 Dec07 Dec08 Dec09 Dec10 Dec11 Dec12 Dec13
Other Current Assets Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only 9.29 9.01 10.85 13.90 9.24

Acino Holding AG 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.

Frequently Asked Questions Learn more about Other Current Assets →
What does a Other Current Assets of CHF9.24 Mil mean?
Acino Holding AG (LTS:0QM8) has a Other Current Assets of CHF9.24 Mil as of Dec. 2013. Other current assets as record on a company's balance sheet not categorized as standard assets. View historical data on Acino Holding AG.
Is Acino Holding AG's Other Current Assets too high?
Acino Holding AG's current Other Current Assets is CHF9.24 Mil.
How does Acino Holding AG's Other Current Assets compare to competitors?
Acino Holding AG's Other Current Assets of CHF9.24 Mil can be compared against companies in the Drug Manufacturers industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Other Current Assets for a Drug Manufacturers company?
A good Other Current Assets depends on the Drug Manufacturers industry context. However, Other Current Assets should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Other Current Assets mean?
A high Other Current Assets can signal that a stock is expensive relative to its fundamentals. Other current assets as record on a company's balance sheet not categorized as standard assets. View historical data on Acino Holding AG. Acino Holding AG's current Other Current Assets is CHF9.24 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Acino Holding AG stock overvalued right now?
Acino Holding AG (LTS:0QM8) has a current Other Current Assets of CHF9.24 Mil. The current Other Current Assets is CHF9.24 Mil. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Other Current Assets calculated?
Other Current Assets is calculated from a company's financial statements. For Acino Holding AG (LTS:0QM8), the current Other Current Assets is CHF9.24 Mil as of Dec. 2013. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Acino Holding AG Business Description

Acino Holding AG is a Switzerland-based company engaged in the pharmaceutical industry. The Company develops, manufactures, and markets pharmaceuticals in novel drug delivery forms internationally. It is divided into four segments Business to Consumer (BtC); Business to Business (BtB); Technology marketing (TM); and Production (Prod). The BtC segment comprises all direct marketing activities. Under the company's "Acino Switzerland" brand and, with the promise of Swiss quality, the company sells its products in emerging markets around the globe. This reporting segment includes the business purchased from Mepha/Cephalon in the Middle East, Africa, Latin America and Asia. The BtB segment comprises Acino's business with its internally developed products, for which the company also owns the intellectual property rights. Acino develops and produces high-quality medicines with proven active ingredients and modern drug delivery systems and grants licenses for them to leading pharmaceutical and generic pharmaceutical companies worldwide. The technology marketing segment comprises a broad spectrum of fully integrated contract services, including procurement, contract development, production and packaging for companies in the life sciences industry. On behalf of these customers, Acino develops a comprehensive product pipeline on the basis of its special technological know-how. This includes both new types of medicines as well as projects with innovative drug delivery systems for established active ingredients. The production segment is responsible for the manufacturing of products and the supplying of the other three segments, and generates turnover through the reimbursement of its services. The manufacturing costs of products are credited to the production segment at standard prices along with remuneration in the form of a mark-up for materials and production costs.