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Bergs Timber AB (OSTO:BRG B) Other Current Assets : kr44 Mil (As of Sep. 2023)


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What is Bergs Timber AB Other Current Assets?

Bergs Timber AB's other current assets for the quarter that ended in Sep. 2023 was kr44 Mil.

Bergs Timber AB's quarterly other current assets increased from Mar. 2023 (kr0 Mil) to Jun. 2023 (kr47 Mil) but then declined from Jun. 2023 (kr47 Mil) to Sep. 2023 (kr44Mil).

Bergs Timber AB's annual other current assets increased from Dec. 2020 (kr17 Mil) to Dec. 2021 (kr27 Mil) increased from Dec. 2021 (kr27 Mil) to Dec. 2022 (kr34 Mil).


Bergs Timber AB Other Current Assets Historical Data

The historical data trend for Bergs Timber AB'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.

Bergs Timber AB Other Current Assets Chart

Bergs Timber AB Annual Data
Trend Aug13 Aug14 Aug15 Aug16 Aug17 Aug18 Dec19 Dec20 Dec21 Dec22
Other Current Assets
Get a 7-Day Free Trial Premium Member Only Premium Member Only - 34.00 17.00 27.00 34.00

Bergs Timber AB Quarterly Data
Aug18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 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 - 34.00 - 47.00 44.00

Bergs Timber AB 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.


Bergs Timber AB Other Current Assets Related Terms

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Bergs Timber AB (OSTO:BRG B) Business Description

Traded in Other Exchanges
N/A
Address
Vastra Tradgardsgatan 15, Stockholm, SWE, 111 53
Bergs Timber AB is engaged in the production and sale of sawn and processed timber products. The company manufactures gardening products, windows, doors, and prefabricated houses, and a facility for rot-proofing wood in Sweden. The company operates in three business segments: Wood Protection, Joinery, and Sawn Wood. Wood Protection conducts operations in wood preservatives. The Joinery product area manufactures processed products from wood such as houses, windows, and doors as well as a broad range of garden products such as fencing, windbreaks, benches, tables, and swimming pool sets. The Sawn Wood product area produces sawn products from two subsidiaries: Vika Wood in Latvia and Laest in Estonia.

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