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Promotora Y Operadora de InfraestructuraB de CV (Promotora Y Operadora de InfraestructuraB de CV) Other Current Assets : $137.4 Mil (As of Mar. 2024)


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What is Promotora Y Operadora de InfraestructuraB de CV Other Current Assets?

Promotora Y Operadora de InfraestructuraB de CV's other current assets for the quarter that ended in Mar. 2024 was $137.4 Mil.

Promotora Y Operadora de InfraestructuraB de CV's quarterly other current assets declined from Jun. 2023 ($623.6 Mil) to Sep. 2023 ($126.5 Mil) but then increased from Sep. 2023 ($126.5 Mil) to Mar. 2024 ($137.4Mil).

Promotora Y Operadora de InfraestructuraB de CV's annual other current assets increased from Dec. 2020 ($48.9 Mil) to Dec. 2021 ($58.4 Mil) declined from Dec. 2021 ($58.4 Mil) to Dec. 2022 ($51.4 Mil).


Promotora Y Operadora de InfraestructuraB de CV Other Current Assets Historical Data

The historical data trend for Promotora Y Operadora de InfraestructuraB 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.

Promotora Y Operadora de InfraestructuraB de CV Other Current Assets Chart

Promotora Y Operadora de InfraestructuraB 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 605.08 68.46 48.92 58.36 51.36

Promotora Y Operadora de InfraestructuraB de CV Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 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 51.36 136.41 623.56 126.52 137.40

Promotora Y Operadora de InfraestructuraB 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.


Promotora Y Operadora de InfraestructuraB de CV Other Current Assets Related Terms

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Promotora Y Operadora de InfraestructuraB de CV (Promotora Y Operadora de InfraestructuraB de CV) Business Description

Address
Bosque de Cidros No 173, Bosques de las Lomas, Mexico, MEX, 05120
Promotora Y Operadora de Infraestructura SAB de CV, or Pinfra, develops and constructs infrastructure projects in Mexico. It completes highways, ports, railways, sewer systems, and other projects related to industrial development. The company holds various concessions from the government to build and then operate structures for several years. The concessions can generate stable revenue, and enhance connectivity within communities. Pinfra has three business segments: concession, construction, and plants. The construction division primarily provides services to its concessions, but has the capability to partner with third parties. Many concessions are fully operational, and the company supplies maintenance and operational support to adhere to requirements.

Promotora Y Operadora de InfraestructuraB de CV (Promotora Y Operadora de InfraestructuraB de CV) Headlines

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