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Electronics Mart India (BOM:543626) Other Current Assets : ₹2,999 Mil (As of Mar. 2024)


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What is Electronics Mart India Other Current Assets?

Electronics Mart India's other current assets for the quarter that ended in Mar. 2024 was ₹2,999 Mil.

Electronics Mart India's quarterly other current assets declined from Sep. 2023 (₹1,810 Mil) to Dec. 2023 (₹0 Mil) but then increased from Dec. 2023 (₹0 Mil) to Mar. 2024 (₹2,999Mil).

Electronics Mart India's annual other current assets increased from Mar. 2022 (₹1,917 Mil) to Mar. 2023 (₹2,833 Mil) increased from Mar. 2023 (₹2,833 Mil) to Mar. 2024 (₹2,999 Mil).


Electronics Mart India Other Current Assets Historical Data

The historical data trend for Electronics Mart India'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.

Electronics Mart India Other Current Assets Chart

Electronics Mart India Annual Data
Trend Mar20 Mar21 Mar22 Mar23 Mar24
Other Current Assets
1,470.97 1,904.20 1,917.23 2,833.33 2,999.34

Electronics Mart India Quarterly Data
Mar20 Mar21 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 2,833.33 - 1,810.31 - 2,999.34

Electronics Mart India 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.


Electronics Mart India Other Current Assets Related Terms

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Electronics Mart India (BOM:543626) Business Description

Traded in Other Exchanges
Address
Panjgutta Main Road, M. No. 6-3-666/A1 To 7, 3rd & 4th floor, Opposite NIMS Hospital, Hyderabad, TG, IND, 500 082
Electronics Mart India Ltd is a consumer durables and electronics retailer in India. The company offers a diversified range of products which include mobile devices, laptops, home and kitchen appliances, home entertainment systems, cameras, and personal care items. It operates a network of multi-brand outlets (MBOs) under the brand name Bajaj Electronics and Electronics Mart and manages exclusive brand outlets (EBOs) for various brands.

Electronics Mart India (BOM:543626) Headlines

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