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Grupo CarsoB de CV (MEX:GCARSOA1) Other Current Assets : MXN62,762 Mil (As of Sep. 2024)


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What is Grupo CarsoB de CV Other Current Assets?

Grupo CarsoB de CV's other current assets for the quarter that ended in Sep. 2024 was MXN62,762 Mil.

Grupo CarsoB de CV's quarterly other current assets increased from Mar. 2024 (MXN6,565 Mil) to Jun. 2024 (MXN69,091 Mil) but then declined from Jun. 2024 (MXN69,091 Mil) to Sep. 2024 (MXN62,762Mil).

Grupo CarsoB de CV's annual other current assets increased from Dec. 2021 (MXN10,222 Mil) to Dec. 2022 (MXN10,879 Mil) declined from Dec. 2022 (MXN10,879 Mil) to Dec. 2023 (MXN9,859 Mil).


Grupo CarsoB de CV Other Current Assets Historical Data

The historical data trend for Grupo CarsoB de CV'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.

Grupo CarsoB de CV Other Current Assets Chart

Grupo CarsoB de CV Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Other Current Assets
Get a 7-Day Free Trial Premium Member Only Premium Member Only 4,731.61 6,447.58 10,222.11 10,879.00 9,859.38

Grupo CarsoB de CV Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 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 7,342.26 9,859.38 6,565.49 69,090.77 62,762.19

Grupo CarsoB de CV 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.


Grupo CarsoB de CV Other Current Assets Related Terms

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Grupo CarsoB de CV Business Description

Traded in Other Exchanges
Address
255 Frisco Building, Lago Zurich 245, 6th Floor, Ampliacion Granada, Mexico City, MEX, 11529
Grupo Carso SAB de CV is a conglomerate based in Mexico with business presence in several countries, mainly in the Americas and Europe. The firm has operations in four main business segments: commercial and retail, industrial and manufacturing, infrastructure and construction, and energy. The largest contributor to sales, the commercial and retail division, serves middle- and high-income consumers and operates department stores, boutiques, restaurants, and multimedia stores. The industrial and manufacturing segment has a portfolio of products and services focused on cables, power transformers and reactors, and alternative energies, among others. The infrastructure and construction division serves sectors like the oil and chemical industries, pipeline installation, and housing development.

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