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SG Capital PCL (BKK:SGC) Other Current Assets : ฿152 Mil (As of Mar. 2024)


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What is SG Capital PCL Other Current Assets?

SG Capital PCL's other current assets for the quarter that ended in Mar. 2024 was ฿152 Mil.

SG Capital PCL's quarterly other current assets increased from Sep. 2023 (฿117 Mil) to Dec. 2023 (฿182 Mil) but then declined from Dec. 2023 (฿182 Mil) to Mar. 2024 (฿152Mil).

SG Capital PCL's annual other current assets increased from Dec. 2021 (฿0 Mil) to Dec. 2022 (฿39 Mil) increased from Dec. 2022 (฿39 Mil) to Dec. 2023 (฿182 Mil).


SG Capital PCL Other Current Assets Historical Data

The historical data trend for SG Capital PCL'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.

SG Capital PCL Other Current Assets Chart

SG Capital PCL Annual Data
Trend Dec19 Dec20 Dec21 Dec22 Dec23
Other Current Assets
5.41 1.01 0.01 39.13 181.74

SG Capital PCL Quarterly Data
Dec20 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 51.84 91.34 116.59 181.74 152.07

SG Capital PCL 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.


SG Capital PCL Other Current Assets Related Terms

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SG Capital PCL (BKK:SGC) Business Description

Traded in Other Exchanges
N/A
Address
No. 72 Charoen Krung Road, Telecommunication Tower, Building 20th Floor, Bangrak, Bangkok, THA, 10500
SG Capital PCL is engaged in providing financial services to non-financial institutions. It offers various services such as hire-purchase of electrical appliances and household appliances, commercial appliances and machinery (Captive Finance); and loans with vehicle registration as collateral (trucks, passenger cars, commercial vehicles), debt consolidation welfare loans, and gold installment loans (Click2Gold) under the name SG Capital. The Company is managed and operates principally in Thailand.