Pokarna (BOM:532486) Other Current Assets : ₹468 Mil (As of Mar. 2024)

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What is Pokarna Other Current Assets?

Pokarna's other current assets for the quarter that ended in Mar. 2024 was ₹468 Mil.

Pokarna's quarterly other current assets declined from Sep. 2023 (₹365 Mil) to Dec. 2023 (₹0 Mil) but then increased from Dec. 2023 (₹0 Mil) to Mar. 2024 (₹468Mil).

Pokarna's annual other current assets declined from Mar. 2022 (₹445 Mil) to Mar. 2023 (₹420 Mil) increased from Mar. 2023 (₹420 Mil) to Mar. 2024 (₹468 Mil).

Pokarna Other Current Assets Historical Data

The historical data trend for Pokarna'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.

Pokarna Other Current Assets Chart

Pokarna Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Other Current Assets

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395.52

393.28

444.53

419.93

468.37

Pokarna 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															419.93	-	364.67	-	468.37

Pokarna 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.

Pokarna Other Current Assets Related Terms

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Pokarna (BOM:532486) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Construction » Pokarna Ltd (BOM:532486) » Definitions » Other Current Assets

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POKARNA:India

Address

Sardar Patel Road, 105, First Floor, Surya Towers, Secunderabad, TG, IND, 500 003

Website

https://www.pokarna.com

Pokarna Ltd manufactures, processes, and sells granite and quartz in India. Business activity of the firm is operated through Granite; Apparel and Quartz Surfaces segment. It generates maximum revenue from the Quartz Surfaces segment. Geographically, it derives a majority of revenue from the USA and also has a presence in China, India, and Rest of the world. Some of its product inlcude Acacia, Black Galaxy, Coffee Brown, Flash Blue, Pokarna Green, Sapphire Blue, Seaweed Green, Silver Pearl, Vizag Blue, and others.

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