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Sainsbury (J) (Sainsbury (J)) Other Current Assets : $23 Mil (As of Feb. 2024)


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What is Sainsbury (J) Other Current Assets?

Sainsbury (J)'s other current assets for the quarter that ended in Feb. 2024 was $23 Mil.

Sainsbury (J)'s quarterly other current assets declined from Feb. 2023 ($338 Mil) to Aug. 2023 ($149 Mil) and declined from Aug. 2023 ($149 Mil) to Feb. 2024 ($23Mil).

Sainsbury (J)'s annual other current assets increased from Feb. 2021 ($283 Mil) to Feb. 2022 ($373 Mil) declined from Feb. 2022 ($373 Mil) to Feb. 2023 ($338 Mil).


Sainsbury (J) Other Current Assets Historical Data

The historical data trend for Sainsbury (J)'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.

Sainsbury (J) Other Current Assets Chart

Sainsbury (J) Annual Data
Trend Mar14 Feb15 Feb16 Feb17 Feb18 Feb19 Feb20 Feb21 Feb22 Feb23
Other Current Assets
Get a 7-Day Free Trial Premium Member Only Premium Member Only 101.56 20.73 282.94 373.48 338.17

Sainsbury (J) Semi-Annual Data
Mar14 Sep14 Mar15 Sep15 Mar16 Sep16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Feb23 Aug23 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 65.93 137.02 338.17 148.67 22.73

Sainsbury (J) 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.


Sainsbury (J) Other Current Assets Related Terms

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Sainsbury (J) (Sainsbury (J)) Business Description

Traded in Other Exchanges
Address
33 Holborn, London, GBR, EC1N 2HT
Founded in 1869, Sainsbury's is the second-largest U.K. grocery chain with around 16% market share. It operates around 600 supermarkets and 800 convenience stores, all in the U.K. The company has diversified away from core food by selling clothing, telecom equipment, and other nonfood items. In September 2016, it took a step further into nonfood retailing with the purchase of Home Retail Group, operating the Habitat and Argos chains (general merchandise and electronics stores), for GBP 1.10 billion. It has been selling products online since 1997.

Sainsbury (J) (Sainsbury (J)) Headlines

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