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Koios Beverage (Koios Beverage) Other Current Assets : $0.31 Mil (As of Nov. 2023)


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What is Koios Beverage Other Current Assets?

Koios Beverage's other current assets for the quarter that ended in Nov. 2023 was $0.31 Mil.

Koios Beverage's quarterly other current assets increased from May. 2023 ($0.19 Mil) to Aug. 2023 ($0.31 Mil) but then declined from Aug. 2023 ($0.31 Mil) to Nov. 2023 ($0.31Mil).

Koios Beverage's annual other current assets increased from May. 2021 ($0.00 Mil) to May. 2022 ($0.18 Mil) increased from May. 2022 ($0.18 Mil) to May. 2023 ($0.19 Mil).


Koios Beverage Other Current Assets Historical Data

The historical data trend for Koios Beverage'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.

Koios Beverage Other Current Assets Chart

Koios Beverage Annual Data
Trend May14 May15 May16 May17 May18 May19 May20 May21 May22 May23
Other Current Assets
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.30 - - 0.18 0.19

Koios Beverage Quarterly Data
Feb19 May19 Aug19 Nov19 Feb20 May20 Aug20 Nov20 Feb21 May21 Aug21 Nov21 Feb22 May22 Aug22 Nov22 Feb23 May23 Aug23 Nov23
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 0.05 0.02 0.19 0.31 0.31

Koios Beverage 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.


Koios Beverage Other Current Assets Related Terms

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Koios Beverage (Koios Beverage) Business Description

Traded in Other Exchanges
Address
1890 – 1075 West Georgia Street, Suite 810, Vancouver, BC, CAN, V6E 3C9
Koios Beverage Corp is a beverage company, which is engaged in the business of producing nutritional beverage drinks using a proprietary blend of nootropics and natural organic compounds. The products of the company includes, sparkling brain energy drink, fit soda, merch, hat, iphone cases and others.

Koios Beverage (Koios Beverage) Headlines

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