GURUFOCUS.COM » STOCK LIST » Real Estate » REITs » Goodman Property Trust (NZSE:GMT) » Definitions » Other Current Assets

Goodman Property Trust (NZSE:GMT) Other Current Assets : NZ$0.0 Mil (As of Sep. 2023)


View and export this data going back to 1999. Start your Free Trial

What is Goodman Property Trust Other Current Assets?

Goodman Property Trust's other current assets for the quarter that ended in Sep. 2023 was NZ$0.0 Mil.

Goodman Property Trust's quarterly other current assets increased from Sep. 2022 (NZ$0.0 Mil) to Mar. 2023 (NZ$1.3 Mil) but then declined from Mar. 2023 (NZ$1.3 Mil) to Sep. 2023 (NZ$0.0Mil).

Goodman Property Trust's annual other current assets increased from Mar. 2021 (NZ$0.7 Mil) to Mar. 2022 (NZ$1.4 Mil) declined from Mar. 2022 (NZ$1.4 Mil) to Mar. 2023 (NZ$1.3 Mil).


Goodman Property Trust Other Current Assets Historical Data

The historical data trend for Goodman Property Trust'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.

Goodman Property Trust Other Current Assets Chart

Goodman Property Trust Annual Data
Trend Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
Other Current Assets
Get a 7-Day Free Trial Premium Member Only Premium Member Only 43.60 1.90 0.70 1.40 1.30

Goodman Property Trust Semi-Annual Data
Mar14 Sep14 Mar15 Sep15 Mar16 Sep16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23
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 2.10 1.40 - 1.30 -

Goodman Property Trust 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.


Goodman Property Trust Other Current Assets Related Terms

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


Goodman Property Trust (NZSE:GMT) Business Description

Traded in Other Exchanges
N/A
Address
The Hayesbery, 1-11 Hayes Road, Rosebery, Sydney, NSW, AUS, 2018
Goodman Property Trust is one of New Zealand's property trusts, with a portfolio composed of industrial estates, businesses, and a development bank. After selling its Christchurch assets, Goodman is 100% Auckland-centric. The focus over the next few years will be on selling lower-quality assets and redeploying capital to industrial property in strategically important locations. The investment strategy is premised on management's view that industrial assets in premium locations will generate superior long-term returns from lower average vacancy and higher rent growth.

Goodman Property Trust (NZSE:GMT) Headlines

No Headlines