GURUFOCUS.COM » STOCK LIST » Technology » Semiconductors » Tokyo Electron Ltd (OTCPK:TOELF) » Definitions » Other Current Assets

Tokyo Electron (Tokyo Electron) Other Current Assets : $500 Mil (As of Dec. 2023)


View and export this data going back to 2013. Start your Free Trial

What is Tokyo Electron Other Current Assets?

Tokyo Electron's other current assets for the quarter that ended in Dec. 2023 was $500 Mil.

Tokyo Electron's quarterly other current assets increased from Jun. 2023 ($460 Mil) to Sep. 2023 ($499 Mil) and increased from Sep. 2023 ($499 Mil) to Dec. 2023 ($500Mil).

Tokyo Electron's annual other current assets increased from Mar. 2021 ($893 Mil) to Mar. 2022 ($1,911 Mil) declined from Mar. 2022 ($1,911 Mil) to Mar. 2023 ($1,128 Mil).


Tokyo Electron Other Current Assets Historical Data

The historical data trend for Tokyo Electron'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.

Tokyo Electron Other Current Assets Chart

Tokyo Electron Annual Data
Trend Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
Other Current Assets
Get a 7-Day Free Trial Premium Member Only Premium Member Only 801.43 760.50 893.31 1,911.30 1,127.93

Tokyo Electron Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 893.30 1,127.93 460.02 499.46 500.21

Tokyo Electron 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.


Tokyo Electron Other Current Assets Related Terms

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


Tokyo Electron (Tokyo Electron) Business Description

Traded in Other Exchanges
Address
Akasaka Biz Tower, 3-1 Akasaka 5-chome, Minato-ku, Tokyo, JPN, 107-6325
Tokyo Electron is a major vendor of semiconductor fabrication tools. It operates primarily in the etch, deposition, and clean segments, which involve adding and removing materials to and from semiconductor wafers. Customers include leading-edge logic, foundry, and memory chipmakers such as Intel, TSMC, Micron, and Samsung.

Tokyo Electron (Tokyo Electron) Headlines

From GuruFocus

Ken Fisher's Top 5 Technology Buys of the 4th Quarter

By Sydnee Gatewood Sydnee Gatewood 01-25-2018

The Matthews Japan Fund's Top 5 New Buys

By Sydnee Gatewood 05-05-2022