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Expro Group Holdings NV (Expro Group Holdings NV) Other Current Assets : $67 Mil (As of Mar. 2024)


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What is Expro Group Holdings NV Other Current Assets?

Expro Group Holdings NV's other current assets for the quarter that ended in Mar. 2024 was $67 Mil.

Expro Group Holdings NV's quarterly other current assets declined from Sep. 2023 ($62 Mil) to Dec. 2023 ($60 Mil) but then increased from Dec. 2023 ($60 Mil) to Mar. 2024 ($67Mil).

Expro Group Holdings NV's annual other current assets declined from Dec. 2021 ($64 Mil) to Dec. 2022 ($51 Mil) increased from Dec. 2022 ($51 Mil) to Dec. 2023 ($60 Mil).


Expro Group Holdings NV Other Current Assets Historical Data

The historical data trend for Expro Group Holdings NV'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.

Expro Group Holdings NV Other Current Assets Chart

Expro Group Holdings NV Annual Data
Trend Dec19 Dec20 Dec21 Dec22 Dec23
Other Current Assets
- 43.74 63.78 50.83 59.83

Expro Group Holdings NV Quarterly Data
Dec19 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 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 60.16 61.63 61.56 59.83 66.94

Expro Group Holdings NV 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.


Expro Group Holdings NV Other Current Assets Related Terms

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Expro Group Holdings NV (Expro Group Holdings NV) Business Description

Traded in Other Exchanges
Address
1311 Broadfield Boulevard., Suite 400, Houston, TX, USA, 77084
Expro Group offers products and services that span the well life cycle, including well construction, well flow management, well intervention and integrity, and subsea well access. It maintains operations around the world and specializes in offshore production solutions, capabilities enhanced by the 2021 merger with Frank's International. It also provides production optimization for both onshore and offshore applications. The majority of its business relies on international and offshore markets, representing about 80% and 70% of annual revenue, respectively.
Executives
Michael C Kearney director 3300 NORTH SAM HOUSTON PKWY EAST, HOUSTON TX 77032-3411
Drummond Robert Wayne Jr director 1301 MCKINNEY ST, STE 1800, HOUSTON TX 77010
Oak Hill Advisors Lp 10 percent owner 1 VANDERBILT AVE, 16TH FLOOR, NEW YORK NY 10017
Frances M Vallejo director 1700 LINCOLN STREET, SUITE 3700, DENVER CO 80203
Brian D. Truelove director HESS CORPORATION, 1185 AVENUE OF THE AMERICAS, NEW YORK NY 10036
Eileen Goss Whelley director ONE HARTFORD PLAZA, HARTFORD CT 06155
Lisa L Troe director 12181 BLUFF CREEK DRIVE, 4TH FLOOR, LOS ANGELES CA 90094
D. Keith Mosing director, 10 percent owner, officer: See Remarks 10260 WESTHEIMER ROAD, HOUSTON TX 77042
Oak Hill Advisors Genpar, L.p. 10 percent owner 1114 AVENUE OF THE AMERICAS, 27TH FLOOR, NEW YORK NY 10036
John Lewis Mcalister officer: General Counsel & Secretary DAVIDSON HOUSE, 2ND FLOOR, READING BERKSHIRE X0 RG1 3EU
Michael Bentham officer: Principal Accounting Officer 1311 BROADFIELD BLVD, SUITE 400, HOUSTON TX 77084
Michael Jardon director, officer: President & CEO 1311 BROADFIELD BLVD, SUITE 400, HOUSTON TX 77084
Alistair Geddes officer: Chief Operating Officer LION HOUSE, DYCE AVENUE, DYCE, ABERDEEN X0 AB21 0LQ
Quinn P Fanning officer: Chief Financial Officer C/O TIDEWATER INC, 601 POYDRAS ST, STE 1900, NEW ORLEANS LA 70130
Glenn R August 10 percent owner C/O OHA - 1114 AVENUE OF THE AMERICAS, 27TH FLOOR, NEW YORK NY 10036