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Jyoti CNC Automation (BOM:544081) Other Current Assets : ₹0 Mil (As of Dec. 2024)


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What is Jyoti CNC Automation Other Current Assets?

Jyoti CNC Automation's other current assets for the quarter that ended in Dec. 2024 was ₹0 Mil.

Jyoti CNC Automation's quarterly other current assets increased from Jun. 2024 (₹0 Mil) to Sep. 2024 (₹980 Mil) but then declined from Sep. 2024 (₹980 Mil) to Dec. 2024 (₹0Mil).

Jyoti CNC Automation's annual other current assets declined from Mar. 2022 (₹823 Mil) to Mar. 2023 (₹569 Mil) increased from Mar. 2023 (₹569 Mil) to Mar. 2024 (₹1,659 Mil).


Jyoti CNC Automation Other Current Assets Historical Data

The historical data trend for Jyoti CNC Automation'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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Jyoti CNC Automation Other Current Assets Chart

Jyoti CNC Automation Annual Data
Trend Mar21 Mar22 Mar23 Mar24
Other Current Assets
612.13 822.65 568.95 1,659.35

Jyoti CNC Automation Quarterly Data
Mar21 Mar22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24
Other Current Assets Get a 7-Day Free Trial Premium Member Only Premium Member Only - 1,659.35 - 979.92 -

Jyoti CNC Automation 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.


Jyoti CNC Automation Other Current Assets Related Terms

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Jyoti CNC Automation Business Description

Traded in Other Exchanges
Address
G - 506, Lodhika GIDC, Village Metoda, Rajkot, GJ, IND, 360021
Jyoti CNC Automation Ltd is a manufacturer of CNC machines. It is a manufacturer of simultaneous 5-Axis CNC machines and has a diverse portfolio of CNC machines including CNC Turning Centers, CNC Turn Mill Centers, CNC Vertical Machining Centers (VMCs), CNC Horizontal Machining Centers (HMCs), simultaneous 3-Axis CNC machining Centers, simultaneous 5-Axis CNC machining Centers and multi-tasking machines. It operates only in one segment, Manufacturing of Metal Cutting CNC Machine.

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