GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » Xinyuan Real Estate Co Ltd (NYSE:XIN) » Definitions » Other Current Assets

Xinyuan Real Estate Co (Xinyuan Real Estate Co) Other Current Assets : $376.2 Mil (As of Jun. 2023)


View and export this data going back to 2007. Start your Free Trial

What is Xinyuan Real Estate Co Other Current Assets?

Xinyuan Real Estate Co's other current assets for the quarter that ended in Jun. 2023 was $376.2 Mil.

Xinyuan Real Estate Co's quarterly other current assets increased from Jun. 2022 ($548.1 Mil) to Dec. 2022 ($695.7 Mil) but then declined from Dec. 2022 ($695.7 Mil) to Jun. 2023 ($376.2Mil).

Xinyuan Real Estate Co's annual other current assets increased from Dec. 2020 ($552.2 Mil) to Dec. 2021 ($773.8 Mil) declined from Dec. 2021 ($773.8 Mil) to Dec. 2022 ($695.7 Mil).


Xinyuan Real Estate Co Other Current Assets Historical Data

The historical data trend for Xinyuan Real Estate 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.

Xinyuan Real Estate Co Other Current Assets Chart

Xinyuan Real Estate Co Annual Data
Trend Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
Other Current Assets
Get a 7-Day Free Trial Premium Member Only Premium Member Only 858.92 675.95 552.23 773.77 695.74

Xinyuan Real Estate Co Semi-Annual Data
Dec13 Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23
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 561.13 773.77 548.12 695.74 376.20

Xinyuan Real Estate 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.


Xinyuan Real Estate Co Other Current Assets Related Terms

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


Xinyuan Real Estate Co (Xinyuan Real Estate Co) Business Description

Traded in Other Exchanges
Address
79 Jianguo Road, 27th Floor, China Central Place, Tower II, Chaoyang District, Beijing, CHN, 100025
Xinyuan Real Estate Co Ltd operates as a real estate developer and property manager in China. It develops and manages large-scale, high-quality real estate projects in over ten tier one and tier two cities, including Beijing, Shanghai, Zhengzhou, Suzhou, among others. It aims to provide comfortable and convenient real estate-related products and services to middle-class consumers. Xinyuan's product portfolio consists of multiple-rise buildings, sub-high-rise buildings, and high-rise buildings, together with auxiliary services and amenities such as retail outlets, leisure and health facilities, kindergartens and schools. In addition, the company provides property management services for its projects and other real estate-related services to its customers.