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Neusoft (SHSE:600718) Other Current Assets : ¥312 Mil (As of Mar. 2024)


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What is Neusoft Other Current Assets?

Neusoft's other current assets for the quarter that ended in Mar. 2024 was ¥312 Mil.

Neusoft's quarterly other current assets declined from Sep. 2023 (¥256 Mil) to Dec. 2023 (¥211 Mil) but then increased from Dec. 2023 (¥211 Mil) to Mar. 2024 (¥312Mil).

Neusoft's annual other current assets increased from Dec. 2021 (¥220 Mil) to Dec. 2022 (¥260 Mil) declined from Dec. 2022 (¥260 Mil) to Dec. 2023 (¥211 Mil).


Neusoft Other Current Assets Historical Data

The historical data trend for Neusoft'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.

Neusoft Other Current Assets Chart

Neusoft Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Other Current Assets
Get a 7-Day Free Trial Premium Member Only Premium Member Only 276.97 220.50 220.14 260.06 210.71

Neusoft Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 578.16 281.47 255.53 210.71 312.02

Neusoft 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.


Neusoft Other Current Assets Related Terms

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Neusoft (SHSE:600718) Business Description

Traded in Other Exchanges
N/A
Address
No. 2 Xinxiu Street, Dongda Software Park, Hunnan New District, Shenyang, Liaoning, CHN, 110179
Neusoft Corp provides information technology solutions and services. The company focuses on software technology and provides industry solutions and product engineering solutions, related software products and platforms, and services. It serves the following industries - telecom, energy, finance, government, manufacturing, trade logistics, healthcare, education, transportation, mobile internet, media, and environmental protection. Neusoft offers services like - application development and maintenance, ERP implementation and consulting, testing, performance engineering, software localization and globalization, IT infrastructure, BPO, IT education and training.
Executives
Gai Long Jia senior management
Wang Jing Xi senior management
Zhang Xiao Ou senior management
Wang Yong Feng Directors, senior managers
Chen Xi Min Directors, senior managers
Wang Nan senior management
Xu Hong Li senior management
Li Jun senior management
Liu Ji Ren Director
Diao Ai Li Supervisors
Yang Wei Supervisors
Lu Chao Xia senior management
Zhang Xia senior management
Jian Guo Dong senior management
Ge Sheng Liu Supervisors

Neusoft (SHSE:600718) Headlines

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