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OSRAM Licht AG (XSWX:OSR) Other Current Assets : CHF3 Mil (As of Mar. 2024)


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What is OSRAM Licht AG Other Current Assets?

OSRAM Licht AG's other current assets for the quarter that ended in Mar. 2024 was CHF3 Mil.

OSRAM Licht AG's quarterly other current assets increased from Jun. 2023 (CHF75 Mil) to Dec. 2023 (CHF169 Mil) but then declined from Dec. 2023 (CHF169 Mil) to Mar. 2024 (CHF3Mil).

OSRAM Licht AG's annual other current assets increased from Sep. 2020 (CHF259 Mil) to Dec. 2022 (CHF313 Mil) declined from Dec. 2022 (CHF313 Mil) to Dec. 2023 (CHF169 Mil).


OSRAM Licht AG Other Current Assets Historical Data

The historical data trend for OSRAM Licht 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.

* Premium members only.

OSRAM Licht AG Other Current Assets Chart

OSRAM Licht AG Annual Data
Trend Sep13 Sep14 Sep15 Sep16 Sep17 Sep18 Sep19 Sep20 Dec22 Dec23
Other Current Assets
Get a 7-Day Free Trial Premium Member Only Premium Member Only 256.48 248.74 258.63 312.84 168.81

OSRAM Licht AG Quarterly Data
Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Mar22 Jun22 Dec22 Mar23 Jun23 Dec23 Mar24
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 312.84 157.55 75.11 168.81 2.90

OSRAM Licht 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.


OSRAM Licht AG Other Current Assets Related Terms

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OSRAM Licht AG (XSWX:OSR) Business Description

Traded in Other Exchanges
Address
Tobelbader Straße 30, Premstaetten, Graz, AUT, 8141
OSRAM Licht AG is a Germany-based company that manufactures & distributes lighting fixtures & products, including lamps, lighting systems, light-emitting diodes, & other Opto semiconductors, light management systems, & outdoor lighting solutions. The firm operates into two segments. The semiconductor segment concentrate on semiconductor-based products & solutions (incl.LED) for the automotive, consumer, industrial & medical technology markets. The Lamps & Systems segment comprises lamps & lighting systems focusing on the automotive including traditional lighting technologies & industrial end markets. The majority of revenue is from the Semiconductors segment. Geographically, it operates in EMEA (Europe, Middle East, & Africa), the Americas (North & South America), & Asia/Pacific.

OSRAM Licht AG (XSWX:OSR) Headlines

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