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National Aluminum Products CoOG (MUS:NAPI) Other Current Assets : ر.ع0.00 Mil (As of Dec. 2023)


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What is National Aluminum Products CoOG Other Current Assets?

National Aluminum Products CoOG's other current assets for the quarter that ended in Dec. 2023 was ر.ع0.00 Mil.

National Aluminum Products CoOG's quarterly other current assets increased from Jun. 2022 (ر.ع0.31 Mil) to Mar. 2023 (ر.ع0.44 Mil) but then declined from Mar. 2023 (ر.ع0.44 Mil) to Dec. 2023 (ر.ع0.00Mil).

National Aluminum Products CoOG's annual other current assets declined from Dec. 2020 (ر.ع0.16 Mil) to Dec. 2022 (ر.ع0.00 Mil) stayed the same from Dec. 2022 (ر.ع0.00 Mil) to Dec. 2023 (ر.ع0.00 Mil).


National Aluminum Products CoOG Other Current Assets Historical Data

The historical data trend for National Aluminum Products CoOG'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.

National Aluminum Products CoOG Other Current Assets Chart

National Aluminum Products CoOG Annual Data
Trend Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec22 Dec23
Other Current Assets
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.49 0.54 0.16 - -

National Aluminum Products CoOG Quarterly Data
Mar17 Jun17 Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar22 Jun22 Mar23 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 0.16 - 0.31 0.44 -

National Aluminum Products CoOG 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.


National Aluminum Products CoOG Other Current Assets Related Terms

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National Aluminum Products CoOG Business Description

Traded in Other Exchanges
N/A
Address
Road No. 7 , Next to Raha Polyproducts, 7 Rusayl Industrial Estate, P.O. Box 15, Rusayl, OMN, 124
National Aluminum Products Co SAOG is engaged in the manufacturing and sale of aluminum and its related products. The company offers a range of aluminum profile extrusions in finishes that help in functional modern design specifications. Its various processes include extrusion process, anodizing, powder coating, wood finish, thermal crimping and packaging and delivery. The extrusion presses are complemented by one anodizing line and two powder coating lines. In addition, the company also houses two wood finish lines and a crimping and bending facility.

National Aluminum Products CoOG Headlines

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