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Thai Eastern Group Holdings PCL (BKK:TEGH) Other Current Assets : ฿43 Mil (As of Mar. 2024)


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What is Thai Eastern Group Holdings PCL Other Current Assets?

Thai Eastern Group Holdings PCL's other current assets for the quarter that ended in Mar. 2024 was ฿43 Mil.

Thai Eastern Group Holdings PCL's quarterly other current assets increased from Sep. 2023 (฿86 Mil) to Dec. 2023 (฿108 Mil) but then declined from Dec. 2023 (฿108 Mil) to Mar. 2024 (฿43Mil).

Thai Eastern Group Holdings PCL's annual other current assets increased from Dec. 2021 (฿42 Mil) to Dec. 2022 (฿91 Mil) increased from Dec. 2022 (฿91 Mil) to Dec. 2023 (฿108 Mil).


Thai Eastern Group Holdings PCL Other Current Assets Historical Data

The historical data trend for Thai Eastern Group Holdings PCL'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.

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Thai Eastern Group Holdings PCL Other Current Assets Chart

Thai Eastern Group Holdings PCL Annual Data
Trend Dec20 Dec21 Dec22 Dec23
Other Current Assets
62.56 42.09 91.26 107.78

Thai Eastern Group Holdings PCL Quarterly Data
Dec20 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 71.85 66.99 86.00 107.78 43.45

Thai Eastern Group Holdings PCL 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.


Thai Eastern Group Holdings PCL Other Current Assets Related Terms

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Thai Eastern Group Holdings PCL (BKK:TEGH) Business Description

Traded in Other Exchanges
N/A
Address
Chonburi-Klaeng Road, 171 Moo 2, Khao Sok Subdistrict, Nong Yai District, Chonburi, THA, 20190
Thai Eastern Group Holdings PCL is engaged in the investment in equity securities and the provision of management services. The subsidiaries are principally engaged in the manufacture and distribution of block rubber, concentrated latex, palm oil, palm seed oil, electricity and biogas, including treatment services of organic waste disposal. The company operates in four reportable segment Block rubber and concentrated latex, Crude palm oil, Energy, and Other. The majority of revenue is derived from the Block rubber and concentrated latex segment.

Thai Eastern Group Holdings PCL (BKK:TEGH) Headlines

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