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Radiowalla Network (NSE:RADIOWALLA) Other Current Assets : ₹10.9 Mil (As of Oct. 2023)


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What is Radiowalla Network Other Current Assets?

Radiowalla Network's other current assets for the quarter that ended in Oct. 2023 was ₹10.9 Mil.

Radiowalla Network's quarterly other current assets increased from Mar. 2022 (₹8.6 Mil) to Mar. 2023 (₹8.9 Mil) and increased from Mar. 2023 (₹8.9 Mil) to Oct. 2023 (₹10.9Mil).

Radiowalla Network's annual other current assets increased from Mar. 2021 (₹3.7 Mil) to Mar. 2022 (₹8.6 Mil) increased from Mar. 2022 (₹8.6 Mil) to Mar. 2023 (₹8.9 Mil).


Radiowalla Network Other Current Assets Historical Data

The historical data trend for Radiowalla Network'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.

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Radiowalla Network Other Current Assets Chart

Radiowalla Network Annual Data
Trend Mar21 Mar22 Mar23
Other Current Assets
3.72 8.65 8.92

Radiowalla Network Quarterly Data
Mar21 Mar22 Mar23 Oct23
Other Current Assets 3.72 8.65 8.92 10.86

Radiowalla Network 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.


Radiowalla Network Other Current Assets Related Terms

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Radiowalla Network (NSE:RADIOWALLA) Business Description

Comparable Companies
Traded in Other Exchanges
N/A
Address
Millers Tank Bund Road, 16A, Basement Floor, Maratha Bhavan, Vasanthnagar, Bangalore, KA, IND, 560052
Website
Radiowalla Network Ltd is into the business of customer engagement services. It services includes in-store radio services (exclusive radio channel for a brand) on subscription model basis, corporate radio (private radio channels for employee engagement in organisation) and advertisement services which includes digital signage solution, content management services and point of purchase advertising. The company cater to the business-to-business (B2B) sector.

Radiowalla Network (NSE:RADIOWALLA) Headlines

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