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ASYA Infosoft (BOM:511144) Other Current Assets : ₹0.0 Mil (As of Dec. 2021)


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What is ASYA Infosoft Other Current Assets?

ASYA Infosoft's other current assets for the quarter that ended in Dec. 2021 was ₹0.0 Mil.

ASYA Infosoft's quarterly other current assets increased from Jun. 2021 (₹0.0 Mil) to Sep. 2021 (₹29.5 Mil) but then declined from Sep. 2021 (₹29.5 Mil) to Dec. 2021 (₹0.0Mil).

ASYA Infosoft's annual other current assets increased from Mar. 2019 (₹5.6 Mil) to Mar. 2020 (₹7.5 Mil) declined from Mar. 2020 (₹7.5 Mil) to Mar. 2021 (₹5.8 Mil).


ASYA Infosoft Other Current Assets Historical Data

The historical data trend for ASYA Infosoft'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.

ASYA Infosoft Other Current Assets Chart

ASYA Infosoft Annual Data
Trend Mar12 Mar13 Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21
Other Current Assets
Get a 7-Day Free Trial Premium Member Only Premium Member Only 15.81 13.13 5.64 7.45 5.78

ASYA Infosoft Quarterly Data
Sep15 Dec15 Mar16 Jun16 Mar17 Jun17 Mar18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21
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 - 5.78 - 29.51 -

ASYA Infosoft 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.


ASYA Infosoft Other Current Assets Related Terms

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ASYA Infosoft Business Description

Traded in Other Exchanges
N/A
Address
Stadium Five Roads, H. N. House, 4th Floor, Nidhi Complex, Above Stadium Underbridge, Navrangpura, Ahmedabad, GJ, IND, 380009
ASYA Infosoft Ltd is principally engaged in training and IT enables services. It offers strategy and technology implementation services to companies wanting to optimize or re-engineer their existing business. The firm uses N-tier architecture, web designing, and web development for image building of the company with multimedia animation. The group also offers network solutions and resource management services. The firm offers its services in Software Development, Business process outsourcing, Web Designing/Development, E-business solutions, Multimedia/Animation, Networking Solutions, and Resource Management.

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