GURUFOCUS.COM » STOCK LIST » Basic Materials » Forest Products » Okayama Paper Industries Co Ltd (TSE:3892) » Definitions » Other Current Assets

Okayama Paper Industries Co (TSE:3892) Other Current Assets : 円105 Mil (As of Nov. 2024)


View and export this data going back to 2000. Start your Free Trial

What is Okayama Paper Industries Co Other Current Assets?

Okayama Paper Industries Co's other current assets for the quarter that ended in Nov. 2024 was 円105 Mil.

Okayama Paper Industries Co's quarterly other current assets increased from Feb. 2024 (円33 Mil) to May. 2024 (円1,627 Mil) but then declined from May. 2024 (円1,627 Mil) to Nov. 2024 (円105Mil).

Okayama Paper Industries Co's annual other current assets increased from May. 2022 (円1,081 Mil) to May. 2023 (円1,487 Mil) increased from May. 2023 (円1,487 Mil) to May. 2024 (円1,627 Mil).


Okayama Paper Industries Co Other Current Assets Historical Data

The historical data trend for Okayama Paper Industries 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.

Okayama Paper Industries Co Other Current Assets Chart

Okayama Paper Industries Co 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 846.95 810.24 1,080.83 1,487.00 1,627.48

Okayama Paper Industries Co Quarterly Data
Nov19 Feb20 May20 Aug20 Nov20 Feb21 May21 Aug21 Nov21 Feb22 May22 Aug22 Nov22 Feb23 May23 Aug23 Nov23 Feb24 May24 Nov24
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 34.75 41.19 32.63 1,627.48 105.26

Okayama Paper Industries 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.


Okayama Paper Industries Co Other Current Assets Related Terms

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


Okayama Paper Industries Co Business Description

Traded in Other Exchanges
N/A
Address
No. 4 No. 34, Minami-ku, Hamano 1-chome, Okayama, JPN, 700-0845
Okayama Paper Industries Co Ltd is engaged in manufacturing and sales of SMIC raw paper, paper tube base paper, flat sheet. It is in a packaging material field as a manufacturer of cardboard and decorative corrugated cardboard made of core paper and paper tube base paper. It offers products such as base papers, containerboard, stencil paper tubes, paper tube base papers, and cardboard plates.

Okayama Paper Industries Co Headlines

No Headlines