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Sekisui House (Sekisui House) Other Current Assets : $7,800 Mil (As of Jan. 2024)


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What is Sekisui House Other Current Assets?

Sekisui House's other current assets for the quarter that ended in Jan. 2024 was $7,800 Mil.

Sekisui House's quarterly other current assets increased from Jul. 2023 ($7,545 Mil) to Oct. 2023 ($7,900 Mil) but then declined from Oct. 2023 ($7,900 Mil) to Jan. 2024 ($7,800Mil).

Sekisui House's annual other current assets increased from Jan. 2022 ($5,986 Mil) to Jan. 2023 ($6,520 Mil) increased from Jan. 2023 ($6,520 Mil) to Jan. 2024 ($7,800 Mil).


Sekisui House Other Current Assets Historical Data

The historical data trend for Sekisui House'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.

Sekisui House Other Current Assets Chart

Sekisui House Annual Data
Trend Jan15 Jan16 Jan17 Jan18 Jan19 Jan20 Jan21 Jan22 Jan23 Jan24
Other Current Assets
Get a 7-Day Free Trial Premium Member Only Premium Member Only 4,846.96 4,975.90 5,985.57 6,520.28 7,800.03

Sekisui House Quarterly Data
Apr19 Jul19 Oct19 Jan20 Apr20 Jul20 Oct20 Jan21 Apr21 Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24
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 6,520.28 6,803.30 7,545.43 7,900.27 7,800.03

Sekisui House 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.


Sekisui House Other Current Assets Related Terms

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Sekisui House (Sekisui House) Business Description

Traded in Other Exchanges
Address
Tower East Umeda Sky Building, 1-88 Oyodonaka 1-chome, Kita-ku, Osaka, JPN, 531-0076
Sekisui House Ltd is a Japanese construction company that focuses on residential construction. It is one of the world's largest international homebuilders and operates in Japan, China, Singapore, Australia, and the United States. Sekisui House is involved in constructing single-family detached housing and multi-unit residential housing, condominium development, and urban redevelopment. The company uses eco-friendly features in its construction projects such as solar panels and sustainable material usage. The majority of revenue for the company is derived from its detached-housing projects, followed by rental and condominium construction.

Sekisui House (Sekisui House) Headlines