GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » Industrias Bachoco SAB de CV (OTCPK:IBAAY) » Definitions » Other Current Assets

Industrias BachocoB de CV (Industrias BachocoB de CV) Other Current Assets : $156 Mil (As of Sep. 2023)


View and export this data going back to 1997. Start your Free Trial

What is Industrias BachocoB de CV Other Current Assets?

Industrias BachocoB de CV's other current assets for the quarter that ended in Sep. 2023 was $156 Mil.

Industrias BachocoB de CV's quarterly other current assets increased from Mar. 2023 ($128 Mil) to Jun. 2023 ($147 Mil) and increased from Jun. 2023 ($147 Mil) to Sep. 2023 ($156Mil).

Industrias BachocoB de CV's annual other current assets increased from Dec. 2020 ($251 Mil) to Dec. 2021 ($375 Mil) declined from Dec. 2021 ($375 Mil) to Dec. 2022 ($369 Mil).


Industrias BachocoB de CV Other Current Assets Historical Data

The historical data trend for Industrias BachocoB de CV'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.

Industrias BachocoB de CV Other Current Assets Chart

Industrias BachocoB de CV Annual Data
Trend Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
Other Current Assets
Get a 7-Day Free Trial Premium Member Only Premium Member Only 219.39 250.69 250.83 374.90 369.42

Industrias BachocoB de CV Quarterly Data
Dec18 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 98.19 369.42 128.20 146.94 155.63

Industrias BachocoB de CV 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.


Industrias BachocoB de CV Other Current Assets Related Terms

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


Industrias BachocoB de CV (Industrias BachocoB de CV) Business Description

Traded in Other Exchanges
Address
Avenida Tecnologico 401, Ciudad Industrial, Celaya, GTO, MEX, 38010
Industrias Bachoco SAB de CV produces, processes, markets, and sells poultry (chicken and eggs) in both Mexico and the United States. Additionally, it sells feed, swine, beef, turkey, and other products on a smaller scale. The company's poultry business begins with purchasing infant birds and raising the birds to maturity. Industrias Bachoco operates its own feed mills to produce balanced feed for internal use, and to sell to third parties. Several production facilities and distribution centers are located throughout Mexico and the United States to minimize transportation costs, and the company sells through wholesalers, supermarkets, retail, and other niche marketing channels. It generates the majority of its revenue from the Poultry segment.

Industrias BachocoB de CV (Industrias BachocoB de CV) Headlines

From GuruFocus

Bachoco Announces Results of the Offering for its Shares

By Business Wire Business Wire 11-07-2022

Bachoco Informs About Intent to Initiate Delisting Process in Mexico

By Business Wire Business Wire 05-24-2023

Bachoco Announces Purchase of Block of Shares

By Business Wire Business Wire 03-17-2023

Bachoco Announces Cash Dividend

By Business Wire Business Wire 04-29-2021

GFS Advisors, LLC Buys 2, Sells 3 in 4th Quarter

By GuruFocus Research GuruFocus Editor 01-27-2023

Industrias Bachoco Announces Form 20-F Filing with the SEC

By Business Wire Business Wire 04-29-2021

Bachoco Informs About Delisting in the United States

By Business Wire Business Wire 04-24-2023

Intention to launch Tender Offer for Bachoco's Shares

By Business Wire Business Wire 03-25-2022

Bachoco Reaches Acquisition Agreement of RYC Alimentos, in Mexico

By Business Wire Business Wire 12-14-2021

Tweedy Browne Comments on Industrias Bachoco

By Sydnee Gatewood 11-03-2021