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World Flex PCL (BKK:WFX) Other Current Assets : ฿42 Mil (As of Dec. 2024)


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What is World Flex PCL Other Current Assets?

World Flex PCL's other current assets for the quarter that ended in Dec. 2024 was ฿42 Mil.

World Flex PCL's quarterly other current assets increased from Jun. 2024 (฿24 Mil) to Sep. 2024 (฿74 Mil) but then declined from Sep. 2024 (฿74 Mil) to Dec. 2024 (฿42Mil).

World Flex PCL's annual other current assets increased from Dec. 2022 (฿16 Mil) to Dec. 2023 (฿39 Mil) increased from Dec. 2023 (฿39 Mil) to Dec. 2024 (฿42 Mil).


World Flex PCL Other Current Assets Historical Data

The historical data trend for World Flex 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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World Flex PCL Other Current Assets Chart

World Flex PCL Annual Data
Trend Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Other Current Assets
Get a 7-Day Free Trial 9.59 23.50 16.03 38.83 41.76

World Flex PCL Quarterly Data
Dec19 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24
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 38.83 38.27 23.58 73.77 41.76

World Flex 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.


World Flex PCL Other Current Assets Related Terms

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World Flex PCL Business Description

Traded in Other Exchanges
N/A
Address
Highway 3191, No. 59/1 Moo 5, Tambol Manam Koo, Amphur Pluakdaeng, Rayong, THA, 21140
World Flex PCL is engaged in the manufacturing of high-quality rubber thread. Its products include rubber threads coated with talcum and rubber threads coated with polymer, both of which are ideal for the textile industry that requires softness and swiftness and are also ideal for all types of machinery. The company's products are marketed through brands like World Flex, Thaitex, Qualiflex, Chang Thai, Pegasus Red, Pegasus Blue, and LT Rubber. Geographically, the company generates a majority of its revenue from the People's Republic of China and the rest from Vietnam, Brazil, Russia, Thailand, Pakistan, Indonesia, Bangladesh, Iran, and other countries.

World Flex PCL Headlines

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