GURUFOCUS.COM » STOCK LIST » Industrials » Construction » Fu-Wang Ceramic Industry Ltd (DHA:FUWANGCER) » Definitions » Other Current Assets

Fu-Wang Ceramic Industry (DHA:FUWANGCER) Other Current Assets : BDT646.8 Mil (As of Dec. 2023)


View and export this data going back to . Start your Free Trial

What is Fu-Wang Ceramic Industry Other Current Assets?

Fu-Wang Ceramic Industry's other current assets for the quarter that ended in Dec. 2023 was BDT646.8 Mil.

Fu-Wang Ceramic Industry's quarterly other current assets declined from Jun. 2023 (BDT853.4 Mil) to Sep. 2023 (BDT639.0 Mil) but then increased from Sep. 2023 (BDT639.0 Mil) to Dec. 2023 (BDT646.8Mil).

Fu-Wang Ceramic Industry's annual other current assets increased from Jun. 2021 (BDT418.0 Mil) to Jun. 2022 (BDT537.1 Mil) increased from Jun. 2022 (BDT537.1 Mil) to Jun. 2023 (BDT853.4 Mil).


Fu-Wang Ceramic Industry Other Current Assets Historical Data

The historical data trend for Fu-Wang Ceramic Industry'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.

Fu-Wang Ceramic Industry Other Current Assets Chart

Fu-Wang Ceramic Industry Annual Data
Trend Jun14 Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23
Other Current Assets
Get a 7-Day Free Trial Premium Member Only Premium Member Only 163.25 367.32 418.03 537.05 853.40

Fu-Wang Ceramic Industry Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 318.17 334.30 853.40 639.03 646.79

Fu-Wang Ceramic Industry 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.


Fu-Wang Ceramic Industry Other Current Assets Related Terms

Thank you for viewing the detailed overview of Fu-Wang Ceramic Industry's Other Current Assets provided by GuruFocus.com. Please click on the following links to see related term pages.


Fu-Wang Ceramic Industry (DHA:FUWANGCER) Business Description

Traded in Other Exchanges
N/A
Address
Pearl Trade Centre (11th Floor), Cha 90/3, Progoti Shoroni, North Badda, Dhaka, BGD, 1212
Fu-Wang Ceramic Industry Ltd operates in the ceramic industry. The company is engaged in the manufacturing and marketing of ceramic and homogeneous floor and wall tiles. Its product offerings include ceramic floor tiles, stair tiles, border tiles, and decor tiles, etc. the company also provides super glossy floor, wall & stair tiles under the brand name Picasso Tiles.

Fu-Wang Ceramic Industry (DHA:FUWANGCER) Headlines

No Headlines