GURUFOCUS.COM » STOCK LIST » Financial Services » Capital Markets » Centum Investment Co Ltd (NAI:CTUM) » Definitions » Other Current Assets

Centum Investment Co (NAI:CTUM) Other Current Assets : KES44,758 Mil (As of Sep. 2023)


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

What is Centum Investment Co Other Current Assets?

Centum Investment Co's other current assets for the quarter that ended in Sep. 2023 was KES44,758 Mil.

Centum Investment Co's quarterly other current assets declined from Sep. 2022 (KES43,977 Mil) to Mar. 2023 (KES43,771 Mil) but then increased from Mar. 2023 (KES43,771 Mil) to Sep. 2023 (KES44,758Mil).

Centum Investment Co's annual other current assets increased from Mar. 2021 (KES2,661 Mil) to Mar. 2022 (KES44,189 Mil) declined from Mar. 2022 (KES44,189 Mil) to Mar. 2023 (KES43,771 Mil).


Centum Investment Co Other Current Assets Historical Data

The historical data trend for Centum Investment Co'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.

Centum Investment Co Other Current Assets Chart

Centum Investment Co Annual Data
Trend Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
Other Current Assets
Get a 7-Day Free Trial Premium Member Only Premium Member Only 596.53 3,193.51 2,661.03 44,189.26 43,771.05

Centum Investment Co Semi-Annual Data
Mar14 Sep14 Mar15 Sep15 Mar16 Sep16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23
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 - 44,189.26 43,977.00 43,771.05 44,758.00

Centum Investment Co 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.


Centum Investment Co Other Current Assets Related Terms

Thank you for viewing the detailed overview of Centum Investment Co's Other Current Assets provided by GuruFocus.com. Please click on the following links to see related term pages.


Centum Investment Co (NAI:CTUM) Business Description

Traded in Other Exchanges
N/A
Address
Limuru Road, Two Rivers Office Towers, P.O. Box 10518, 9th Floor, South Tower, Nairobi, KEN, 00100
Centum Investment Co Ltd is an investment company that provides access to a portfolio of inaccessible, quality, diversified investments to investors. Its objective is to consistently generate market-beating returns by building extraordinary enterprises throughout Africa. The company's operating segment include Private Equity; Real Estate and Marketable securities. The Private Equity segment includes publishing, financial services, and utility companies as well as also responsible for managing Development Portfolio. The Marketable securities segment includes dividend and interest income, real estate sales and proceeds from exits in the private equity and marketable securities portfolios and the Real Estate segment includes developments in East Africa.

Centum Investment Co (NAI:CTUM) Headlines

No Headlines