Ashok Leyland (NSE:ASHOKLEY) Other Current Assets: ₹15,600 Mil (As of Mar. 2026)

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NSE:ASHOKLEY Ashok Leyland Ltd NSE:ASHOKLEY
86 GF Score
Price ₹154.80
GF Value ₹127.98
Valuation Modestly Overvalued
! 1 Warning Sign
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What is Ashok Leyland Other Current Assets?

Ashok Leyland NSE:ASHOKLEY -0.28% 86 Other Current Assets is ₹15,600 Mil as of Mar. 2026. GuruFocus rates NSE:ASHOKLEY with a GF Score™ of 86/100 and a GF Value™ of ₹127.98 (Modestly Overvalued). The stock has 1 warning sign investors should review.

Ashok Leyland's other current assets for the quarter that ended in Mar. 2026 was ₹15,600 Mil.

Ashok Leyland's quarterly other current assets declined from Sep. 2025 (₹10,809 Mil) to Dec. 2025 (₹0 Mil) but then increased from Dec. 2025 (₹0 Mil) to Mar. 2026 (₹15,600Mil).

Ashok Leyland's annual other current assets declined from Mar. 2024 (₹33,065 Mil) to Mar. 2025 (₹10,698 Mil) increased from Mar. 2025 (₹10,698 Mil) to Mar. 2026 (₹15,600 Mil).


Ashok Leyland Other Current Assets Related Terms


Ashok Leyland Other Current Assets Historical Data

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The historical data trend for Ashok Leyland'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.

Ashok Leyland Other Current Assets Chart

Ashok Leyland Annual Data
Trend Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
Other Current Assets
Get a 7-Day Free Trial Premium Member Only Premium Member Only 13,883.70 15,601.00 33,065.20 10,697.90 15,600.30

Ashok Leyland Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
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 10,697.90 0.00 10,809.10 0.00 15,600.30
NSE:ASHOKLEY
86GF Score
Ashok Leyland Ltd NSE:ASHOKLEY
Other Current Assets is just one metric. See GF Score™, valuation, warning signs, and more.
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Ashok Leyland 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.

Frequently Asked Questions Learn more about Other Current Assets →
What does a Other Current Assets of ₹15,600 Mil mean?
Ashok Leyland (NSE:ASHOKLEY) has a Other Current Assets of ₹15,600 Mil as of Mar. 2026. Other current assets as record on a company's balance sheet not categorized as standard assets. View historical data on Ashok Leyland.
Is Ashok Leyland's Other Current Assets too high?
Ashok Leyland's current Other Current Assets is ₹15,600 Mil. Overall, Ashok Leyland has a GF Score™ of 86/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Ashok Leyland's Other Current Assets compare to CAT and DE?
Ashok Leyland's Other Current Assets of ₹15,600 Mil can be compared against companies in the Farm & Heavy Construction Machinery industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Other Current Assets for a Farm & Heavy Construction Machinery company?
A good Other Current Assets depends on the Farm & Heavy Construction Machinery industry context. However, Other Current Assets should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Other Current Assets mean?
A high Other Current Assets can signal that a stock is expensive relative to its fundamentals. Other current assets as record on a company's balance sheet not categorized as standard assets. View historical data on Ashok Leyland. Ashok Leyland's current Other Current Assets is ₹15,600 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Ashok Leyland stock overvalued right now?
Based on GuruFocus' analysis, Ashok Leyland (NSE:ASHOKLEY) is currently considered Modestly Overvalued. The stock's GF Value™ is ₹127.98, compared to a current price of ₹154.80 — trading 21% above its estimated fair value. The current Other Current Assets is ₹15,600 Mil. Ashok Leyland's overall GF Score™ is 86/100 with 1 warning sign to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Other Current Assets calculated?
Other Current Assets is calculated from a company's financial statements. For Ashok Leyland (NSE:ASHOKLEY), the current Other Current Assets is ₹15,600 Mil as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Ashok Leyland (NSE:ASHOKLEY) Overvalued in 2026?

Based on GuruFocus' analysis, Ashok Leyland stock appears to be overvalued. The current stock price of ₹154.80 is trading 21% above its estimated GF Value™ of ₹127.98. GuruFocus considers Ashok Leyland to be Modestly Overvalued.

Key valuation signals for NSE:ASHOKLEY:

  • Other Current Assets: ₹15,600 Mil
  • GF Value™: ₹127.98 vs. price of ₹154.80 (21% above fair value)
  • GF Score™: 86/100 with 1 warning sign

No single metric tells the full story. See the NSE:ASHOKLEY stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Ashok Leyland Business Description

Other Exchanges 500477:India
Address No. 1, Sardar Patel Road, Guindy, Chennai, TN, IND, 600032
Ashok Leyland Ltd is an automobile manufacturing company. The company manufactures commercial vehicles, engines, spare parts, and accessories, with the vast majority of revenue being derived from commercial vehicle sales. It produces and sells vehicles across different categories such as Trucks, Buses, Light Commercial Vehicles, and Defence. The company's operating segments are; Commercial vehicles, and Financial services. Geographically, it derives the majority revenue within India and the rest from other markets.
86GF Score

Get the complete analysis for NSE:ASHOKLEY

Other Current Assets is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

₹154.80
Price
₹127.98
GF Value