GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Retail - Defensive » Colruyt Group NV (OTCPK:CUYTY) » Definitions » Other Current Assets

Colruyt Group NV (Colruyt Group NV) Other Current Assets : $98 Mil (As of Sep. 2023)


View and export this data going back to 2008. Start your Free Trial

What is Colruyt Group NV Other Current Assets?

Colruyt Group NV's other current assets for the quarter that ended in Sep. 2023 was $98 Mil.

Colruyt Group NV's quarterly other current assets increased from Sep. 2022 ($24 Mil) to Mar. 2023 ($229 Mil) but then declined from Mar. 2023 ($229 Mil) to Sep. 2023 ($98Mil).

Colruyt Group NV's annual other current assets declined from Mar. 2021 ($122 Mil) to Mar. 2022 ($98 Mil) increased from Mar. 2022 ($98 Mil) to Mar. 2023 ($229 Mil).


Colruyt Group NV Other Current Assets Historical Data

The historical data trend for Colruyt Group NV'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.

Colruyt Group NV Other Current Assets Chart

Colruyt Group NV Annual Data
Trend Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
Other Current Assets
Get a 7-Day Free Trial Premium Member Only Premium Member Only 40.90 65.41 122.26 98.35 229.44

Colruyt Group NV Semi-Annual Data
Mar14 Sep14 Mar15 Sep15 Mar16 Sep16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 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 45.76 98.35 24.46 229.44 98.40

Colruyt Group NV 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.


Colruyt Group NV Other Current Assets Related Terms

Thank you for viewing the detailed overview of Colruyt Group NV's Other Current Assets provided by GuruFocus.com. Please click on the following links to see related term pages.


Colruyt Group NV (Colruyt Group NV) Business Description

Traded in Other Exchanges
Address
Edingensesteenweg 196, Wilgenveld, Halle, BEL, B-1500
Colruyt NV Formerly Etablissementen Franz Colruyt NV is a Belgian-based family owned food retailer with nearly 30,000 employees and more than 530 stores (460 stores in Belgium and 76 in France) that traces its origins back to 1928. Aside from its flagship Colruyt supermarkets in Belgium and Luxembourg (60% of sales), it generates 16% of sales under separate banners from neighbourhood stores, biosupermarkets, covered markets, and family and seasonal stores. Its food service and wholesale businesses account for a further 18% of sales. Colruyt also owns DATS 24 filling stations, and a green energy business, generating electricity from wind turbines, solar panels, and biomass.

Colruyt Group NV (Colruyt Group NV) Headlines

From GuruFocus

Colruyt Group NV's Dividend Analysis

By GuruFocus Research 12-19-2023

Spanish Investor Francisco Parames' Five New First-Quarter Stocks

By Holly LaFon Holly LaFon 04-30-2014

Unraveling Colruyt NV's Dividend Performance: A Deep Dive

By GuruFocus Research 09-29-2023