GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Zhejiang Narada Power Source Co Ltd (SZSE:300068) » Definitions » Other Current Assets

Zhejiang Narada Power Source Co (SZSE:300068) Other Current Assets : ¥924 Mil (As of Sep. 2024)


View and export this data going back to 2010. Start your Free Trial

What is Zhejiang Narada Power Source Co Other Current Assets?

Zhejiang Narada Power Source Co's other current assets for the quarter that ended in Sep. 2024 was ¥924 Mil.

Zhejiang Narada Power Source Co's quarterly other current assets increased from Mar. 2024 (¥731 Mil) to Jun. 2024 (¥816 Mil) and increased from Jun. 2024 (¥816 Mil) to Sep. 2024 (¥924Mil).

Zhejiang Narada Power Source Co's annual other current assets declined from Dec. 2021 (¥1,922 Mil) to Dec. 2022 (¥676 Mil) declined from Dec. 2022 (¥676 Mil) to Dec. 2023 (¥638 Mil).


Zhejiang Narada Power Source Co Other Current Assets Historical Data

The historical data trend for Zhejiang Narada Power Source 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.

Zhejiang Narada Power Source Co Other Current Assets Chart

Zhejiang Narada Power Source Co 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 857.66 683.60 1,922.17 676.32 638.12

Zhejiang Narada Power Source Co Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
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 1,023.58 638.12 731.25 816.42 924.47

Zhejiang Narada Power Source 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.


Zhejiang Narada Power Source Co Other Current Assets Related Terms

Thank you for viewing the detailed overview of Zhejiang Narada Power Source Co's Other Current Assets provided by GuruFocus.com. Please click on the following links to see related term pages.


Zhejiang Narada Power Source Co Business Description

Traded in Other Exchanges
N/A
Address
No.72 Jingguan Road, Qingshan Town, Lin'an Economic Development Zone, Lin'an, Zhejiang, CHN, 311305
Zhejiang Narada Power Source Co Ltd manufactures and supplies batteries. The company is engaged in the development, manufacturing, sales, and service of communication back up, motive power and renewable energy storage batteries and accessories. The company's product portfolio includes - Lead acid batteries of the VRLA type and Lithium-ion cells and batteries. The products are widely used in telecom, electric power, railway and other infrastructure industry.
Executives
Zhu Bao Yi Directors, executives
Qu Yi Directors, executives
Xiang Jia Yuan Executives
Gao Xiu Bing Directors, executives
Liu Cheng Hao Executives
Wang Yue Neng Director
Wang Ying Jiao Directors, executives
He Wei Director
Zhou Qing Zhi Director
Shu Hua Ying Supervisors
Chen Bo Directors, executives
Wang Hai Guang Director
Jiang Kun Ting Director
Chen Xiang Bao Executives
Yang Zu Wei Securities Affairs Representative

Zhejiang Narada Power Source Co Headlines

No Headlines