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Parker Hannifin (MEX:PH) Other Current Assets : MXN8,413 Mil (As of Mar. 2025)


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What is Parker Hannifin Other Current Assets?

Parker Hannifin's other current assets for the quarter that ended in Mar. 2025 was MXN8,413 Mil.

Parker Hannifin's quarterly other current assets declined from Sep. 2024 (MXN14,971 Mil) to Dec. 2024 (MXN8,244 Mil) but then increased from Dec. 2024 (MXN8,244 Mil) to Mar. 2025 (MXN8,413Mil).

Parker Hannifin's annual other current assets declined from Jun. 2022 (MXN128,417 Mil) to Jun. 2023 (MXN5,395 Mil) increased from Jun. 2023 (MXN5,395 Mil) to Jun. 2024 (MXN7,197 Mil).


Parker Hannifin Other Current Assets Historical Data

The historical data trend for Parker Hannifin'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.

Parker Hannifin Other Current Assets Chart

Parker Hannifin Annual Data
Trend Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23 Jun24
Other Current Assets
Get a 7-Day Free Trial Premium Member Only Premium Member Only 4,962.33 4,856.39 128,416.59 5,395.25 7,196.54

Parker Hannifin 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 5,593.85 7,196.54 14,971.44 8,244.22 8,413.15

Parker Hannifin 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.


Parker Hannifin Other Current Assets Related Terms

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Parker Hannifin Business Description

Address
6035 Parkland Boulevard, Cleveland, OH, USA, 44124-4141
Parker Hannifin started out in 1917 as Parker Appliance, selling pneumatic brakes. Through the acquisition of branded components, the firm has expanded into aerospace engines, agricultural and construction machinery, freight and passenger vehicles, and industrial automation equipment. Within these larger systems, Parker sells a wide array of small, critical pieces such as hydraulic, electromechanical, climate control, and filtration components. Many of its products are designed to work together, resulting in a high rate of cross-selling.