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Gazprom Neft PJSC (XTER:SCF) Other Current Assets : €2,873 Mil (As of Jun. 2023)


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What is Gazprom Neft PJSC Other Current Assets?

Gazprom Neft PJSC's other current assets for the quarter that ended in Jun. 2023 was €2,873 Mil.

Gazprom Neft PJSC's quarterly other current assets declined from Dec. 2021 (€2,706 Mil) to Jun. 2022 (€0 Mil) but then increased from Jun. 2022 (€0 Mil) to Jun. 2023 (€2,873Mil).

Gazprom Neft PJSC's annual other current assets declined from Dec. 2019 (€2,419 Mil) to Dec. 2020 (€1,626 Mil) increased from Dec. 2020 (€1,626 Mil) to Dec. 2021 (€2,706 Mil).


Gazprom Neft PJSC Other Current Assets Historical Data

The historical data trend for Gazprom Neft PJSC'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.

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Gazprom Neft PJSC Other Current Assets Chart

Gazprom Neft PJSC Annual Data
Trend Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21
Other Current Assets
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1,481.69 1,714.36 2,419.40 1,625.82 2,705.80

Gazprom Neft PJSC Quarterly Data
Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Jun22 Jun23
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 1,953.39 2,359.63 2,705.80 - 2,872.99

Gazprom Neft PJSC 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.


Gazprom Neft PJSC Other Current Assets Related Terms

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Gazprom Neft PJSC (XTER:SCF) Business Description

Traded in Other Exchanges
Address
3-5 Pochtamtskaya Street, Saint Petersburg, RUS, 190000
Gazprom Neft PJSC is a vertically integrated oil company. The company along with its subsidiaries is engaged in the exploration, development of crude oil and gas as well as the production and sale of petroleum products. It operates in two segments namely; the exploration, development, and production of crude oil and natural gas, and oilfield services, and key revenue driver segment includes refining and marketing including processing crude into refined products and purchases, sells and transports crude and refined petroleum products.

Gazprom Neft PJSC (XTER:SCF) Headlines

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