GURUFOCUS.COM » STOCK LIST » Technology » Hardware » Coolpad Group Ltd (OTCPK:CHWTF) » Definitions » Other Current Assets

Coolpad Group (Coolpad Group) Other Current Assets : $7.94 Mil (As of Jun. 2023)


View and export this data going back to 2009. Start your Free Trial

What is Coolpad Group Other Current Assets?

Coolpad Group's other current assets for the quarter that ended in Jun. 2023 was $7.94 Mil.

Coolpad Group's quarterly other current assets declined from Jun. 2022 ($8.27 Mil) to Dec. 2022 ($7.63 Mil) but then increased from Dec. 2022 ($7.63 Mil) to Jun. 2023 ($7.94Mil).

Coolpad Group's annual other current assets declined from Dec. 2020 ($35.89 Mil) to Dec. 2021 ($8.32 Mil) declined from Dec. 2021 ($8.32 Mil) to Dec. 2022 ($7.63 Mil).


Coolpad Group Other Current Assets Historical Data

The historical data trend for Coolpad Group'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.

Coolpad Group Other Current Assets Chart

Coolpad Group Annual Data
Trend Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
Other Current Assets
Get a 7-Day Free Trial Premium Member Only Premium Member Only 14.70 32.44 35.89 8.32 7.63

Coolpad Group Semi-Annual Data
Dec13 Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23
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 10.69 8.32 8.27 7.63 7.94

Coolpad Group 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.


Coolpad Group Other Current Assets Related Terms

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


Coolpad Group (Coolpad Group) Business Description

Traded in Other Exchanges
Address
Coolpad Information Harbor, No. 8 of Gaoxin North 1st Road, Hi-Tech Industry Park (Northern), Nanshan District, Shenzhen, CHN, 518057
Coolpad Group Ltd is an investment holding company that develops and provides integrated solutions for smartphone sets, mobile data platform systems, and value-added businesses in Mainland China and internationally. It operates in two segments: Mobile Phone; and Property Investment. The Mobile Phone segment which derives the majority of revenue engages in the research, development, production, and sale of mobile phones and related accessories and the provision of wireless application service, and the property investment segment invests in properties for rental income potential and for capital appreciation. It generates a majority of its revenue from Mainland China.

Coolpad Group (Coolpad Group) Headlines

No Headlines