GURUFOCUS.COM » STOCK LIST » Technology » Hardware » Sinbon Electronics Co Ltd (TPE:3023) » Definitions » Other Current Assets

Sinbon Electronics Co (TPE:3023) Other Current Assets : NT$316 Mil (As of Mar. 2024)


View and export this data going back to 2002. Start your Free Trial

What is Sinbon Electronics Co Other Current Assets?

Sinbon Electronics Co's other current assets for the quarter that ended in Mar. 2024 was NT$316 Mil.

Sinbon Electronics Co's quarterly other current assets increased from Sep. 2023 (NT$391 Mil) to Dec. 2023 (NT$462 Mil) but then declined from Dec. 2023 (NT$462 Mil) to Mar. 2024 (NT$316Mil).

Sinbon Electronics Co's annual other current assets increased from Dec. 2021 (NT$634 Mil) to Dec. 2022 (NT$750 Mil) declined from Dec. 2022 (NT$750 Mil) to Dec. 2023 (NT$462 Mil).


Sinbon Electronics Co Other Current Assets Historical Data

The historical data trend for Sinbon Electronics Co'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.

Sinbon Electronics Co Other Current Assets Chart

Sinbon Electronics Co Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Other Current Assets
Get a 7-Day Free Trial Premium Member Only Premium Member Only 251.73 387.53 634.40 749.94 461.83

Sinbon Electronics Co 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 611.33 484.58 391.04 461.83 316.00

Sinbon Electronics Co 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.


Sinbon Electronics Co Other Current Assets Related Terms

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


Sinbon Electronics Co (TPE:3023) Business Description

Traded in Other Exchanges
N/A
Address
No.582, Kuo-Hwa Road, Miaoli 360, Miaoli, TWN
Sinbon Electronics Co Ltd is a technological company that offers design manufacturing integration services of connectors, bulk cable and cable assemblies, radio frequency products, printed circuit boards and PCB assembly, box build solutions, and passive and active components. The firm offers its extensive range of value-added services in the medical health, automotive, renewable green energy, industrial, and iComponent Solution. The company is present in Taiwan, China, Japan, the U.K., and the U.S.

Sinbon Electronics Co (TPE:3023) Headlines

No Headlines