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Inter Parfums's other current assets for the quarter that ended in Mar. 2024 was $34 Mil.
Inter Parfums's quarterly other current assets increased from Sep. 2023 ($27 Mil) to Dec. 2023 ($29 Mil) and increased from Dec. 2023 ($29 Mil) to Mar. 2024 ($34Mil).
Inter Parfums's annual other current assets declined from Dec. 2021 ($21 Mil) to Dec. 2022 ($16 Mil) increased from Dec. 2022 ($16 Mil) to Dec. 2023 ($29 Mil).
The historical data trend for Inter Parfums'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.
Inter Parfums Annual Data | |||||||||||||||||||||
Trend | Dec14 | Dec15 | Dec16 | Dec17 | Dec18 | Dec19 | Dec20 | Dec21 | Dec22 | Dec23 | |||||||||||
Other Current Assets | Get a 7-Day Free Trial | 17.12 | 16.91 | 21.38 | 15.65 | 29.46 |
Inter Parfums Quarterly Data | ||||||||||||||||||||
Jun19 | Sep19 | Dec19 | Mar20 | Jun20 | Sep20 | Dec20 | Mar21 | Jun21 | Sep21 | Dec21 | Mar22 | Jun22 | Sep22 | Dec22 | Mar23 | Jun23 | Sep23 | Dec23 | Mar24 | |
Other Current Assets | Get a 7-Day Free Trial | 20.35 | 24.99 | 26.85 | 29.46 | 34.26 |
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:
The assets grouped under other current assets are most commonly:
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.
Thank you for viewing the detailed overview of Inter Parfums's Other Current Assets provided by GuruFocus.com. Please click on the following links to see related term pages.
Philippe Santi | officer: Dir. of Finance | INTER PARFUMS S A, 4 ROND POINT DES CHAMPS ELYSEES, PARIS I0 99999 |
Jean Madar | director, 10 percent owner, officer: CEO | JEAN PHILIPPE FRAGRANCES INC, 551 FIFTH AVE 15TH FLOOR, NEW YORK NY 10176 |
Gerard Kappauf | director | JUMEIRAH 1, 30TH C STREET, VILLA 76, DUBAI C0 500001 |
Veronique Gabai-pinsky | director | C-O VERA WANG GROUP, 15 EAST 26TH STREET, NEW YORK NY 10010 |
Gilbert Harrison | director | HARRISON GROUP, 745 FIFTH AVENUE, SUITE 514, NEW YORK NY 10151 |
Pelayo Frederic Garcia | officer: Dir ExportSales InterParfumsSA | |
Russell Greenberg | director, officer: Ex. VP and CFO | INTER PARFUMS INC, 551 FIFTH AVE 15TH FLR, NEW YORK NY 10176 |
Philippe Benacin | director, 10 percent owner, officer: President | C/O INTER PARFUMS INC, 551 FIFTH AVE, 5TH FLOOR, NEW YORK NY 10176 |
Michel D. Atwood | director, officer: Chief Financial Officer | 1113 YORK AVENUE, NEW YORK NY 10065 |
Francois Heilbronn | director | M M FRIEDRICH HEILBRONN & FISZER, 24 AVE MATIGNON, PARIS I0 99999 |
Torres Robert Bensoussan | director | 48 BOULEVARD RASPAIL, PARIS I0 99999 |
Patrick Choel | director | UNIVERSITE-82, 7 RUE DE TALLEYRAND, PARIS I0 75007 |
Henry B. Clarke | officer: President Specialty Retail Div | INTER PARFUMS, INC., 551 FIFTH AVENUE, NEW YORK NY 10176 |
Michel Dyens | director | MICHEL DYENS & CO, 17 AVENUE MONTAIGNE, PARIS I0 75008 |
Jean Levy | director | CHEZ AXCESS GROUPE, 8 RUE DE BERRI, PARIS I0 99999 |
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