Synlait Milk (NZSE:SML) Other Current Assets: NZ$336 Mil (As of Jan. 2026)

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

NZSE:SML Synlait Milk Ltd NZSE:SML
29 GF Score
Price NZ$0.40
GF Value NZ$0.33
Valuation Modestly Overvalued
! 4 Warning Signs
View Full Analysis

What is Synlait Milk Other Current Assets?

Synlait Milk NZSE:SML +1.27% 29 Other Current Assets is NZ$336 Mil as of Jan. 2026. GuruFocus rates NZSE:SML with a GF Score™ of 29/100 and a GF Value™ of NZ$0.33 (Modestly Overvalued). The stock has 4 warning signs investors should review.

Synlait Milk's other current assets for the quarter that ended in Jan. 2026 was NZ$336 Mil.

Synlait Milk's quarterly other current assets increased from Jan. 2025 (NZ$8 Mil) to Jul. 2025 (NZ$39 Mil) and increased from Jul. 2025 (NZ$39 Mil) to Jan. 2026 (NZ$336Mil).

Synlait Milk's annual other current assets declined from Jul. 2023 (NZ$213 Mil) to Jul. 2024 (NZ$42 Mil) declined from Jul. 2024 (NZ$42 Mil) to Jul. 2025 (NZ$39 Mil).


Synlait Milk Other Current Assets Related Terms


Synlait Milk Other Current Assets Historical Data

* Premium members only.

The historical data trend for Synlait Milk'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.

Synlait Milk Other Current Assets Chart

Synlait Milk Annual Data
Trend Jul16 Jul17 Jul18 Jul19 Jul20 Jul21 Jul22 Jul23 Jul24 Jul25
Other Current Assets
Get a 7-Day Free Trial Premium Member Only Premium Member Only 57.66 32.06 212.89 41.84 38.99

Synlait Milk Semi-Annual Data
Jul16 Jan17 Jul17 Jan18 Jul18 Jan19 Jul19 Jan20 Jul20 Jan21 Jul21 Jan22 Jul22 Jan23 Jul23 Jan24 Jul24 Jan25 Jul25 Jan26
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 199.83 41.84 7.61 38.99 336.44
NZSE:SML
29GF Score
Synlait Milk Ltd NZSE:SML
Other Current Assets is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Synlait Milk 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 NZ$336 Mil mean?
Synlait Milk (NZSE:SML) has a Other Current Assets of NZ$336 Mil as of Jan. 2026. Other current assets as record on a company's balance sheet not categorized as standard assets. View historical data on Synlait Milk.
Is Synlait Milk's Other Current Assets too high?
Synlait Milk's current Other Current Assets is NZ$336 Mil. Overall, Synlait Milk has a GF Score™ of 29/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Synlait Milk's Other Current Assets compare to KHC and GIS?
Synlait Milk's Other Current Assets of NZ$336 Mil can be compared against companies in the Consumer Packaged Goods 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 Consumer Packaged Goods company?
A good Other Current Assets depends on the Consumer Packaged Goods 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 Synlait Milk. Synlait Milk's current Other Current Assets is NZ$336 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Synlait Milk stock overvalued right now?
Based on GuruFocus' analysis, Synlait Milk (NZSE:SML) is currently considered Modestly Overvalued. The stock's GF Value™ is NZ$0.33, compared to a current price of NZ$0.40 — trading 21.2% above its estimated fair value. The current Other Current Assets is NZ$336 Mil. Synlait Milk's overall GF Score™ is 29/100 with 4 warning signs 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 Synlait Milk (NZSE:SML), the current Other Current Assets is NZ$336 Mil as of Jan. 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 Synlait Milk (NZSE:SML) Overvalued in 2026?

Based on GuruFocus' analysis, Synlait Milk stock appears to be overvalued. The current stock price of NZ$0.40 is trading 21.2% above its estimated GF Value™ of NZ$0.33. GuruFocus considers Synlait Milk to be Modestly Overvalued.

Key valuation signals for NZSE:SML:

  • Other Current Assets: NZ$336 Mil
  • GF Value™: NZ$0.33 vs. price of NZ$0.40 (21.2% above fair value)
  • GF Score™: 29/100 with 4 warning signs

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


Synlait Milk Business Description

Other Exchanges SM1:Australia
Address 1028 Heslerton Road, RD13, Rakaia, STL, NZL, 7783
Synlait Milk Ltd is a dairy processing company that benefits from a differentiated milk supply and operating environment in New Zealand. The business operates within one industry that includes the manufacture of milk powder and its related products, liquid milk, cheese, and butter. Its segment are Synlait and Dairyworks, out of which it derives maximum revenue from Synlait segment.
29GF Score

Get the complete analysis for NZSE:SML

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

NZ$0.40
Price
NZ$0.33
GF Value