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Tian Ruixiang Holdings (Tian Ruixiang Holdings) Other Current Assets : $0.81 Mil (As of Apr. 2023)


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What is Tian Ruixiang Holdings Other Current Assets?

Tian Ruixiang Holdings's other current assets for the quarter that ended in Apr. 2023 was $0.81 Mil.

Tian Ruixiang Holdings's quarterly other current assets declined from Apr. 2022 ($1.04 Mil) to Oct. 2022 ($0.86 Mil) and declined from Oct. 2022 ($0.86 Mil) to Apr. 2023 ($0.81Mil).

Tian Ruixiang Holdings's annual other current assets declined from Oct. 2020 ($2.18 Mil) to Oct. 2021 ($1.29 Mil) declined from Oct. 2021 ($1.29 Mil) to Oct. 2022 ($0.86 Mil).


Tian Ruixiang Holdings Other Current Assets Historical Data

The historical data trend for Tian Ruixiang Holdings'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.

Tian Ruixiang Holdings Other Current Assets Chart

Tian Ruixiang Holdings Annual Data
Trend Oct17 Oct18 Oct19 Oct20 Oct21 Oct22
Other Current Assets
Get a 7-Day Free Trial 1.03 1.67 2.18 1.29 0.86

Tian Ruixiang Holdings Semi-Annual Data
Oct17 Apr18 Oct18 Apr19 Oct19 Apr20 Oct20 Apr21 Oct21 Apr22 Oct22 Apr23
Other Current Assets Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only 1.18 1.29 1.04 0.86 0.81

Tian Ruixiang Holdings 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.


Tian Ruixiang Holdings Other Current Assets Related Terms

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Tian Ruixiang Holdings (Tian Ruixiang Holdings) Business Description

Traded in Other Exchanges
N/A
Address
North East Third Ring Road, Room 1001, 10 / F, No. 25, Chaoyang District, Beijing, CHN
Tian Ruixiang Holdings Ltd is an Insurance Brokerage firm. It distributes a wide range of insurance products, which are categorized into two groups; property and casualty insurance, such as commercial property insurance, liability insurance, accidental insurance, and automobile insurance; and other insurances, such as health insurance, life insurance, and miscellaneous insurances. It also generates a small amount of revenue from risk management services. The firm act on behalf of its customers seeking insurance coverage from insurance companies. It generates revenue from the provision of insurance brokerage services.

Tian Ruixiang Holdings (Tian Ruixiang Holdings) Headlines