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PJSC MegaFon (MIC:MFON) Other Current Assets : ₽27,990 Mil (As of Sep. 2023)


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What is PJSC MegaFon Other Current Assets?

PJSC MegaFon's other current assets for the quarter that ended in Sep. 2023 was ₽27,990 Mil.

PJSC MegaFon's quarterly other current assets increased from Dec. 2022 (₽33,471 Mil) to Mar. 2023 (₽42,240 Mil) but then declined from Mar. 2023 (₽42,240 Mil) to Sep. 2023 (₽27,990Mil).

PJSC MegaFon's annual other current assets increased from Dec. 2020 (₽16,327 Mil) to Dec. 2021 (₽39,488 Mil) declined from Dec. 2021 (₽39,488 Mil) to Dec. 2022 (₽33,471 Mil).


PJSC MegaFon Other Current Assets Historical Data

The historical data trend for PJSC MegaFon'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.

PJSC MegaFon Other Current Assets Chart

PJSC MegaFon Annual Data
Trend Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
Other Current Assets
Get a 7-Day Free Trial Premium Member Only Premium Member Only 12,888.00 11,340.00 16,327.13 39,488.33 33,471.01

PJSC MegaFon Quarterly Data
Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Sep23
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 33,905.07 136,835.12 33,471.01 42,239.81 27,989.82

PJSC MegaFon 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.


PJSC MegaFon Other Current Assets Related Terms

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PJSC MegaFon (MIC:MFON) Business Description

Traded in Other Exchanges
N/A
Address
41 Oruzheyniy Lane, Moscow, RUS, 127006
PJSC MegaFon is a telecommunications company that provides fixed-line, mobile business, and hardware operations. The primary mobile segment provides voice, data, Internet, and business solutions products for customers in the Russian Federation. MegaFon operates its retail chain of stores through both direct ownership and franchised operations. The company also manages a hardware brand, which creates fixed phones, mobile phones, modems, laptops, and tablet computers. MegaFon generates the vast majority of its revenue in Russia. The company earns revenue in the form of Wireless services, wireline services, and sale of equipment and accessories, out of which the majority of the revenue is generated from Wireless services.