GURUFOCUS.COM » STOCK LIST » Real Estate » REITs » Star Asia Investment Corp (TSE:3468) » Definitions » Other Current Assets

Star Asia Investment (TSE:3468) Other Current Assets : 円8,949 Mil (As of Jan. 2023)


View and export this data going back to 2016. Start your Free Trial

What is Star Asia Investment Other Current Assets?

Star Asia Investment's other current assets for the quarter that ended in Jan. 2023 was 円8,949 Mil.

Star Asia Investment's quarterly other current assets declined from Jan. 2022 (円8,321 Mil) to Jul. 2022 (円8,280 Mil) but then increased from Jul. 2022 (円8,280 Mil) to Jan. 2023 (円8,949Mil).

Star Asia Investment's annual other current assets increased from Jul. 2020 (円3,710 Mil) to Jul. 2021 (円7,804 Mil) increased from Jul. 2021 (円7,804 Mil) to Jul. 2022 (円8,280 Mil).


Star Asia Investment Other Current Assets Historical Data

The historical data trend for Star Asia Investment'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.

Star Asia Investment Other Current Assets Chart

Star Asia Investment Annual Data
Trend Jul16 Jul17 Jul18 Jul19 Jul20 Jul21 Jul22
Other Current Assets
Get a 7-Day Free Trial 3,463.78 4,085.01 3,709.92 7,804.49 8,280.50

Star Asia Investment Semi-Annual Data
Jan17 Jul17 Jan18 Jul18 Jan19 Jul19 Jan20 Jan21 Jul21 Jan22 Jul22 Jan23 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 7,804.49 8,320.83 8,280.50 8,949.39 -

Star Asia Investment 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.


Star Asia Investment Other Current Assets Related Terms

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


Star Asia Investment (TSE:3468) Business Description

Traded in Other Exchanges
N/A
Address
2-5-1, Atago, 18th Floor, Atago Green Hills MORI Tower, Minato-ku, Tokyo, JPN, 105-0002
Star Asia Investment Corp is a real estate investment trust (REIT). The company mainly invests in real estate properties such as business offices, logistics facilities, residential buildings and hotels. It aims to achieve internal and external growth in asset and maximize investors' profit from mid-term to long-term perspectives.

Star Asia Investment (TSE:3468) Headlines

No Headlines