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CEC International Holdings (HKSE:00759) Other Current Assets : HK$59 Mil (As of Apr. 2024)


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What is CEC International Holdings Other Current Assets?

CEC International Holdings's other current assets for the quarter that ended in Apr. 2024 was HK$59 Mil.

CEC International Holdings's quarterly other current assets declined from Apr. 2023 (HK$57 Mil) to Oct. 2023 (HK$21 Mil) but then increased from Oct. 2023 (HK$21 Mil) to Apr. 2024 (HK$59Mil).

CEC International Holdings's annual other current assets declined from Apr. 2022 (HK$74 Mil) to Apr. 2023 (HK$57 Mil) increased from Apr. 2023 (HK$57 Mil) to Apr. 2024 (HK$59 Mil).


CEC International Holdings Other Current Assets Historical Data

The historical data trend for CEC International Holdings'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.

CEC International Holdings Other Current Assets Chart

CEC International Holdings Annual Data
Trend Apr15 Apr16 Apr17 Apr18 Apr19 Apr20 Apr21 Apr22 Apr23 Apr24
Other Current Assets
Get a 7-Day Free Trial Premium Member Only Premium Member Only 31.43 78.23 73.72 56.84 59.07

CEC International Holdings Semi-Annual Data
Oct14 Apr15 Oct15 Apr16 Oct16 Apr17 Oct17 Apr18 Oct18 Apr19 Oct19 Apr20 Oct20 Apr21 Oct21 Apr22 Oct22 Apr23 Oct23 Apr24
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 73.72 21.46 56.84 21.44 59.07

CEC International Holdings 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.


CEC International Holdings Other Current Assets Related Terms

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CEC International Holdings Business Description

Traded in Other Exchanges
N/A
Address
110 How Ming Street, 2nd Floor, Hing Win Factory Building, Kwun Tong, Kowloon, Hong Kong, HKG
CEC International Holdings Ltd is an investment holding company. The company operates in three segments Retail business which includes retail of food and beverage, household and personal care products. Electronic component manufacturing segment is engaged in the design, development, manufacture, and sale of electronic components, including types of coils, inductors, transformers, line filters, and electrolytic capacitors, and the Investment property holdings segment. It generates maximum revenue from the Retail business segment. Geographically, it derives a majority of its revenue from the PRC.
Executives
Lam Kwok Chung 2305 Beneficiary of a trust

CEC International Holdings Headlines

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