Stock Analysis on Net

Procter & Gamble Co. (NYSE:PG)

Balance Sheet: Assets

The balance sheet provides creditors, investors, and analysts with information on company resources (assets) and its sources of capital (its equity and liabilities). It normally also provides information about the future earnings capacity of a company assets as well as an indication of cash flows that may come from receivables and inventories.

Assets are resources controlled by the company as a result of past events and from which future economic benefits are expected to flow to the entity.

Procter & Gamble Co., consolidated balance sheet: assets

US$ in millions

Microsoft Excel
Jun 30, 2024 Jun 30, 2023 Jun 30, 2022 Jun 30, 2021 Jun 30, 2020 Jun 30, 2019
Cash and cash equivalents 9,482 8,246 7,214 10,288 16,181 4,239
Available-for-sale investment securities 6,048
Accounts receivable 6,118 5,471 5,143 4,725 4,178 4,951
Inventories 7,016 7,073 6,924 5,983 5,498 5,017
Prepaid expenses and other current assets 2,093 1,858 2,372 2,095 2,130 2,218
Current assets 24,709 22,648 21,653 23,091 27,987 22,473
Property, plant and equipment, net 22,152 21,909 21,195 21,686 20,692 21,271
Goodwill 40,303 40,659 39,700 40,924 39,901 40,273
Trademarks and other intangible assets, net 22,047 23,783 23,679 23,642 23,792 24,215
Other noncurrent assets 13,159 11,830 10,981 9,964 8,328 6,863
Noncurrent assets 97,661 98,181 95,555 96,216 92,713 92,622
Total assets 122,370 120,829 117,208 119,307 120,700 115,095

Based on: 10-K (reporting date: 2024-06-30), 10-K (reporting date: 2023-06-30), 10-K (reporting date: 2022-06-30), 10-K (reporting date: 2021-06-30), 10-K (reporting date: 2020-06-30), 10-K (reporting date: 2019-06-30).


Assets: Selected Items

Balance sheet item Description The company
Current assets Sum of the carrying amounts as of the balance sheet date of all assets that are expected to be realized in cash, sold, or consumed within one year (or the normal operating cycle, if longer). Assets are probable future economic benefits obtained or controlled by an entity as a result of past transactions or events. Procter & Gamble Co. current assets increased from 2022 to 2023 and from 2023 to 2024.
Property, plant and equipment, net Amount after accumulated depreciation, depletion and amortization of physical assets used in the normal conduct of business to produce goods and services and not intended for resale. Examples include, but are not limited to, land, buildings, machinery and equipment, office equipment, and furniture and fixtures. Procter & Gamble Co. property, plant and equipment, net increased from 2022 to 2023 and from 2023 to 2024.
Noncurrent assets Sum of the carrying amounts as of the balance sheet date of all assets that are expected to be realized in cash, sold or consumed after one year or beyond the normal operating cycle, if longer. Procter & Gamble Co. noncurrent assets increased from 2022 to 2023 but then slightly decreased from 2023 to 2024.
Total assets Sum of the carrying amounts as of the balance sheet date of all assets that are recognized. Assets are probable future economic benefits obtained or controlled by an entity as a result of past transactions or events. Procter & Gamble Co. total assets increased from 2022 to 2023 and from 2023 to 2024.

Current Assets: Selected Items

Balance sheet item Description The company
Cash and cash equivalents Amount of currency on hand as well as demand deposits with banks or financial institutions. Includes other kinds of accounts that have the general characteristics of demand deposits. Also includes short-term, highly liquid investments that are both readily convertible to known amounts of cash and so near their maturity that they present insignificant risk of changes in value because of changes in interest rates. Excludes cash and cash equivalents within disposal group and discontinued operation. Procter & Gamble Co. cash and cash equivalents increased from 2022 to 2023 and from 2023 to 2024.
Available-for-sale investment securities Amount of investment in marketable security, classified as current.
Accounts receivable Amount due from customers or clients, within one year of the balance sheet date (or the normal operating cycle, whichever is longer), for goods or services (including trade receivables) that have been delivered or sold in the normal course of business, reduced to the estimated net realizable fair value by an allowance established by the entity of the amount it deems uncertain of collection. Procter & Gamble Co. accounts receivable increased from 2022 to 2023 and from 2023 to 2024.
Inventories Amount after valuation and LIFO reserves of inventory expected to be sold, or consumed within one year or operating cycle, if longer. Procter & Gamble Co. inventories increased from 2022 to 2023 but then slightly decreased from 2023 to 2024.