GURUFOCUS.COM » STOCK LIST » Basic Materials » Forest Products » Celulosa Argentina SA (BUE:CELU) » Definitions » Other Current Assets

Celulosa Argentina (BUE:CELU) Other Current Assets : ARS16,111 Mil (As of Feb. 2024)


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

What is Celulosa Argentina Other Current Assets?

Celulosa Argentina's other current assets for the quarter that ended in Feb. 2024 was ARS16,111 Mil.

Celulosa Argentina's quarterly other current assets increased from Aug. 2023 (ARS4,926 Mil) to Nov. 2023 (ARS8,535 Mil) and increased from Nov. 2023 (ARS8,535 Mil) to Feb. 2024 (ARS16,111Mil).

Celulosa Argentina's annual other current assets declined from May. 2021 (ARS3,998 Mil) to May. 2022 (ARS2,609 Mil) increased from May. 2022 (ARS2,609 Mil) to May. 2023 (ARS2,944 Mil).


Celulosa Argentina Other Current Assets Historical Data

The historical data trend for Celulosa Argentina'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.

Celulosa Argentina Other Current Assets Chart

Celulosa Argentina Annual Data
Trend May14 May15 May16 May17 May18 May19 May20 May21 May22 May23
Other Current Assets
Get a 7-Day Free Trial Premium Member Only Premium Member Only 350.22 432.21 3,998.00 2,609.48 2,944.42

Celulosa Argentina Quarterly Data
May19 Aug19 Nov19 Feb20 May20 Aug20 Nov20 Feb21 May21 Aug21 Nov21 Feb22 May22 Aug22 Nov22 Feb23 May23 Aug23 Nov23 Feb24
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 1,382.70 2,944.42 4,925.58 8,535.27 16,110.59

Celulosa Argentina 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.


Celulosa Argentina Other Current Assets Related Terms

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


Celulosa Argentina (BUE:CELU) Business Description

Traded in Other Exchanges
N/A
Address
Av. Del Libertador 2442, Buenos Aires,piso 4, Olivos, ARG, B1636DSR
Celulosa Argentina SA is engaged in the manufacturing, marketing, and distribution of forest products. Its product portfolio includes Paper products, cellulose pulp, forest products as well as wood products. Geographically, the activities are carried out through Argentina.

Celulosa Argentina (BUE:CELU) Headlines

From GuruFocus

Celularity Appoints Paul Graves as Chief Communications Officer

By Stock market mentor Stock market mentor 01-04-2023