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Sakata Seed (TSE:1377) Other Current Assets : 円7,580 Mil (As of May. 2024)


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What is Sakata Seed Other Current Assets?

Sakata Seed's other current assets for the quarter that ended in May. 2024 was 円7,580 Mil.

Sakata Seed's quarterly other current assets increased from Nov. 2023 (円8,024 Mil) to Feb. 2024 (円9,364 Mil) but then declined from Feb. 2024 (円9,364 Mil) to May. 2024 (円7,580Mil).

Sakata Seed's annual other current assets increased from May. 2022 (円5,363 Mil) to May. 2023 (円6,917 Mil) increased from May. 2023 (円6,917 Mil) to May. 2024 (円7,580 Mil).


Sakata Seed Other Current Assets Historical Data

The historical data trend for Sakata Seed'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.

Sakata Seed Other Current Assets Chart

Sakata Seed Annual Data
Trend May15 May16 May17 May18 May19 May20 May21 May22 May23 May24
Other Current Assets
Get a 7-Day Free Trial Premium Member Only Premium Member Only 4,113.00 4,024.00 5,363.00 6,917.00 7,580.00

Sakata Seed Quarterly Data
Nov19 Feb20 May20 Aug20 Nov20 Feb21 May21 Aug21 Nov21 Feb22 May22 Aug22 Nov22 Feb23 May23 Aug23 Nov23 Feb24 May24 Aug24
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 7,524.00 8,024.00 9,364.00 7,580.00 -

Sakata Seed 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.


Sakata Seed Other Current Assets Related Terms

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Sakata Seed Business Description

Traded in Other Exchanges
Address
2-7-1 Nakamachidai, Tsuzuki-ku, Yokohama, Kanagawa, JPN, 224-0041
Sakata Seed Corporation produces and sells multiple flower and vegetable seeds and various gardening materials. The company has locations all over the globe and sells the seeds to distributors and other producers. Gardening materials may be sold through home improvement retailers, mail-order sales, and garden shops. Additionally, Sakata Seed provides miscellaneous activities, such as landscaping, temporary staffing, and other activities associated with cultivating land. It invests in research and development to monitor breeding and develop new seed varieties and has enhanced revenue by entering into contracts to construct greenhouse and agricultural facilities.

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