GURUFOCUS.COM » STOCK LIST » Communication Services » Media - Diversified » Threes Company Media Group Co Ltd (SHSE:605168) » Definitions » Other Current Assets

Threes Company Media Group Co (SHSE:605168) Other Current Assets : ¥343 Mil (As of Mar. 2024)


View and export this data going back to 2020. Start your Free Trial

What is Threes Company Media Group Co Other Current Assets?

Threes Company Media Group Co's other current assets for the quarter that ended in Mar. 2024 was ¥343 Mil.

Threes Company Media Group Co's quarterly other current assets declined from Sep. 2023 (¥291 Mil) to Dec. 2023 (¥271 Mil) but then increased from Dec. 2023 (¥271 Mil) to Mar. 2024 (¥343Mil).

Threes Company Media Group Co's annual other current assets increased from Dec. 2021 (¥124 Mil) to Dec. 2022 (¥240 Mil) increased from Dec. 2022 (¥240 Mil) to Dec. 2023 (¥271 Mil).


Threes Company Media Group Co Other Current Assets Historical Data

The historical data trend for Threes Company Media Group 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.

Threes Company Media Group Co Other Current Assets Chart

Threes Company Media Group Co Annual Data
Trend Dec13 Dec14 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Other Current Assets
Get a 7-Day Free Trial Premium Member Only Premium Member Only 31.60 49.36 124.41 240.22 271.24

Threes Company Media Group Co 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 354.38 431.32 290.55 271.24 343.17

Threes Company Media Group 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.


Threes Company Media Group Co Other Current Assets Related Terms

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


Threes Company Media Group Co (SHSE:605168) Business Description

Traded in Other Exchanges
N/A
Address
Keji 2nd Road, Xi'an Software Park, No. 72, E401, Tangle Pavilion, High-tech Zone, Shaanxi Province, Xi'an, CHN
Threes Company Media Group Co Ltd is a one-stop campus integrated marketing and professional digital marketing service provider. The company is engaged in digital marketing services, scene activity services and campus media marketing services. Its services include campus integration marketing, public relations event planning, and case-based digital marketing. System, service content covers campus marketing and promotion, campus event planning, brand strategy, Internet communication strategy, media strategy, creative services, technical services, media procurement, social marketing and many other aspects.
Executives
Guo Xian Wei Director
Wang Chuan Directors, senior managers
Li Da senior management
Chen Sheng senior management
Zhang Hao Directors, senior managers
Dai Xiu Ju Supervisors
Wang Lei Supervisors
Qian Jun Dong Directors, senior managers

Threes Company Media Group Co (SHSE:605168) Headlines

No Headlines