GURUFOCUS.COM » STOCK LIST » Industrials » Transportation » YTO International Express and Supply Chain Technology Ltd (HKSE:06123) » Definitions » Other Current Assets

YTO International Express and Supply Chain Technology (HKSE:06123) Other Current Assets : HK$105 Mil (As of Dec. 2023)


View and export this data going back to 2014. Start your Free Trial

What is YTO International Express and Supply Chain Technology Other Current Assets?

YTO International Express and Supply Chain Technology's other current assets for the quarter that ended in Dec. 2023 was HK$105 Mil.

YTO International Express and Supply Chain Technology's quarterly other current assets declined from Dec. 2022 (HK$123 Mil) to Jun. 2023 (HK$32 Mil) but then increased from Jun. 2023 (HK$32 Mil) to Dec. 2023 (HK$105Mil).

YTO International Express and Supply Chain Technology's annual other current assets increased from Dec. 2021 (HK$114 Mil) to Dec. 2022 (HK$123 Mil) declined from Dec. 2022 (HK$123 Mil) to Dec. 2023 (HK$105 Mil).


YTO International Express and Supply Chain Technology Other Current Assets Historical Data

The historical data trend for YTO International Express and Supply Chain Technology'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.

YTO International Express and Supply Chain Technology Other Current Assets Chart

YTO International Express and Supply Chain Technology Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Other Current Assets
Get a 7-Day Free Trial Premium Member Only Premium Member Only 88.98 96.53 114.16 122.64 105.48

YTO International Express and Supply Chain Technology Semi-Annual Data
Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 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 114.16 15.11 122.64 32.47 105.48

YTO International Express and Supply Chain Technology 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.


YTO International Express and Supply Chain Technology Other Current Assets Related Terms

Thank you for viewing the detailed overview of YTO International Express and Supply Chain Technology's Other Current Assets provided by GuruFocus.com. Please click on the following links to see related term pages.


YTO International Express and Supply Chain Technology (HKSE:06123) Business Description

Traded in Other Exchanges
N/A
Address
39 Wang Kwong Road, Suite 2208, 22nd Floor, Office Tower, Skyline Tower, Kowloon Bay, Hong Kong, HKG
YTO International Express and Supply Chain Technology Ltd is an investment holding company. It is engaged in the provision of freight and logistics services and other related services. The company's operating segment includes Air freight; Ocean freight; Logistics; International express and parcel and Others. It generates maximum revenue from the Airfreight segment. The Airfreight segment is related to freight forwarding by air. Geographically, it derives a majority of its revenue from PRC.
Executives
Yu Huijiao
Zhang Xiaojuan
Yto Global Holdings Limited
Yuan Tong Su Di Gu Fen You Xian Gong Si
Shang Hai Yuan Tong Jiao Long Tou Zi Fa Zhan Ji Tuan You Xian Gong Si

YTO International Express and Supply Chain Technology (HKSE:06123) Headlines

No Headlines