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Tosoh (TSE:4042) Other Current Assets : 円58,520 Mil (As of Dec. 2023)


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What is Tosoh Other Current Assets?

Tosoh's other current assets for the quarter that ended in Dec. 2023 was 円58,520 Mil.

Tosoh's quarterly other current assets increased from Jun. 2023 (円55,987 Mil) to Sep. 2023 (円58,430 Mil) and increased from Sep. 2023 (円58,430 Mil) to Dec. 2023 (円58,520Mil).

Tosoh's annual other current assets increased from Mar. 2022 (円18,176 Mil) to Mar. 2023 (円28,420 Mil) declined from Mar. 2023 (円28,420 Mil) to Mar. 2024 (円27,465 Mil).


Tosoh Other Current Assets Historical Data

The historical data trend for Tosoh'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.

Tosoh Other Current Assets Chart

Tosoh Annual Data
Trend Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
Other Current Assets
Get a 7-Day Free Trial Premium Member Only Premium Member Only 14,004.00 12,556.00 18,176.00 28,420.00 27,465.00

Tosoh Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 28,420.00 55,987.00 58,430.00 58,520.00 27,465.00

Tosoh 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.


Tosoh Other Current Assets Related Terms

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Tosoh (TSE:4042) Business Description

Traded in Other Exchanges
Address
3-8-2 Shiba, Minata-ku, Tokyo, JPN, 105-8623
Tosoh Corp manufactures and sells a variety of petrochemicals, plastics, and chemical-based products. The firm organizes itself into four segments, based on product type. The Petrochemical segment, which generates more revenue than any other segment, sells olefins and polymers, including ethylene and polyvinyl chloride, which are used to make plastics for a variety of end uses. The Chlor-Alkali segment sells caustic soda used to make soap, baking soda, and water treatment products. The Specialty segment sells battery materials, a variety of zirconia products, bromine used in electronics flame retardants, and clinical diagnostics equipment. The Engineering segment provides construction and water treatment services. The majority of revenue comes from Japan.

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