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Diversey Holdings (Diversey Holdings) Other Current Assets : $94 Mil (As of Mar. 2023)


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What is Diversey Holdings Other Current Assets?

Diversey Holdings's other current assets for the quarter that ended in Mar. 2023 was $94 Mil.

Diversey Holdings's quarterly other current assets declined from Sep. 2022 ($94 Mil) to Dec. 2022 ($88 Mil) but then increased from Dec. 2022 ($88 Mil) to Mar. 2023 ($94Mil).

Diversey Holdings's annual other current assets increased from Dec. 2020 ($40 Mil) to Dec. 2021 ($49 Mil) increased from Dec. 2021 ($49 Mil) to Dec. 2022 ($88 Mil).


Diversey Holdings Other Current Assets Historical Data

The historical data trend for Diversey Holdings'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.

Diversey Holdings Other Current Assets Chart

Diversey Holdings Annual Data
Trend Dec18 Dec19 Dec20 Dec21 Dec22
Other Current Assets
- 53.70 39.80 49.20 87.50

Diversey Holdings Quarterly Data
Dec18 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23
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 60.10 77.10 93.70 87.50 94.00

Diversey Holdings 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.


Diversey Holdings Other Current Assets Related Terms

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Diversey Holdings (Diversey Holdings) Business Description

Traded in Other Exchanges
N/A
Address
1300 Altura Road, Suite 125, Fort Mill, SC, USA, 29708
Diversey Holdings Ltd provides high-performance cleaning, sanitation, and hygiene products for food safety and service, food and beverage plant operations, healthcare, floor care, housekeeping and room care, laundry, and hand care markets. In addition, it offers a wide range of value-added solutions, including food safety and application training and consulting, as well as auditing of hygiene and water management. It has two segments Institutional and Food & Beverage. The company generates maximum revenues from Europe followed by North America, Asia Pacific, Middle East & Africa, and Latin America.
Executives
Emily A. Ashworth director 1025 LAUREL OAK ROAD, VOORHEES NJ 08043
Tracy Long officer: President, North America 1300 ALTURA ROAD, SUITE 125, FORT MILL SC 29708
Eric J Foss director
Katherine S Zanotti director 431 E 9TH STREET, HINSDALE IL 60521
Rodney F Hochman director 21919 30TH DR SE, BOTHELL WA 98021
Somer Gundogdu officer: President, Emerging Markets C/O DIVERSEY HOLDINGS, LTD., 1300 ALTURA ROAD, SUITE 125, FORT MILL SC 29708
Bain Capital Investors Llc 10 percent owner 200 CLARENDON STREET, BOSTON MA 02116
Bain Capital Partners Europe Iv, L.p. 10 percent owner 200 CLARENDON STREET, BAIN CAPITAL, L.P., BOSTON MA 02116
Bcpe Diamond Cayman Holding Ltd 10 percent owner 200 CLARENDON STREET, BOSTON MA 02116
Bain Capital Partners Xi, L.p. 10 percent owner 200 CLARENDON STREET, BOSTON MA 02116
Susan Bruno Levine director, 10 percent owner C/O DIVERSEY HOLDINGS, LTD., 1300 ALTURA ROAD, SUITE 125, FORT MILL SC 29708
Robert Michael Farkas director C/O DIVERSEY HOLDINGS, LTD., 1300 ALTURA ROAD, SUITE 125, FORT MILL SC 29708
Gaetano Redaelli officer: Chief Strtegc Development Ofcr C/O DIVERSEY HOLDINGS, LTD., 1300 ALTURA ROAD, SUITE 125, FORT MILL SC 29708
Jonathon Penn director C/O DIVERSEY HOLDINGS, LTD., 1300 ALTURA ROAD, SUITE 125, FORT MILL SC 29708
Sinead Mary Kwant officer: President, Western Europe C/O DIVERSEY HOLDINGS, LTD., 1300 ALTURA ROAD, SUITE 125, FORT MILL SC 29708