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AR Advanced Technology (TSE:5578) Other Current Assets : 円137 Mil (As of Feb. 2025)


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What is AR Advanced Technology Other Current Assets?

AR Advanced Technology's other current assets for the quarter that ended in Feb. 2025 was 円137 Mil.

AR Advanced Technology's quarterly other current assets declined from May. 2024 (円80 Mil) to Aug. 2024 (円73 Mil) but then increased from Aug. 2024 (円73 Mil) to Feb. 2025 (円137Mil).

AR Advanced Technology's annual other current assets increased from Aug. 2022 (円30 Mil) to Aug. 2023 (円65 Mil) increased from Aug. 2023 (円65 Mil) to Aug. 2024 (円73 Mil).


AR Advanced Technology Other Current Assets Historical Data

The historical data trend for AR Advanced Technology'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.

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AR Advanced Technology Other Current Assets Chart

AR Advanced Technology Annual Data
Trend Aug21 Aug22 Aug23 Aug24
Other Current Assets
41.64 29.90 64.59 73.10

AR Advanced Technology Quarterly Data
Aug21 Aug22 Feb23 May23 Aug23 Nov23 Feb24 May24 Aug24 Feb25
Other Current Assets Get a 7-Day Free Trial Premium Member Only Premium Member Only 50.14 71.27 79.66 73.10 136.91

AR Advanced Technology 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.


AR Advanced Technology Other Current Assets Related Terms

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AR Advanced Technology Business Description

Traded in Other Exchanges
N/A
Address
1-14-16 Shibuya, Shibuya Nomura Securities Building 8th floor, Shibuya-ku, Tokyo, JPN, 150-0002
AR Advanced Technology Inc is engaged in the DX solution business utilizing cloud technology, data analysis, and AI. It provides a comprehensive service that goes beyond simple system introduction. Its products and services include Loogue faq, an AI chatbot that is specialized in employee inquiries; Zidoma data which may be useful to reduce fileserver operating costs; and Mieta a cloud contact center analysis management service.

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