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Sanyo Shokai (TSE:8011) Other Current Assets : 円2,185 Mil (As of Nov. 2023)


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What is Sanyo Shokai Other Current Assets?

Sanyo Shokai's other current assets for the quarter that ended in Nov. 2023 was 円2,185 Mil.

Sanyo Shokai's quarterly other current assets increased from May. 2023 (円2,032 Mil) to Aug. 2023 (円2,500 Mil) but then declined from Aug. 2023 (円2,500 Mil) to Nov. 2023 (円2,185Mil).

Sanyo Shokai's annual other current assets declined from Feb. 2021 (円1,144 Mil) to Feb. 2022 (円953 Mil) increased from Feb. 2022 (円953 Mil) to Feb. 2023 (円1,990 Mil).


Sanyo Shokai Other Current Assets Historical Data

The historical data trend for Sanyo Shokai'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.

Sanyo Shokai Other Current Assets Chart

Sanyo Shokai Annual Data
Trend Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Feb21 Feb22 Feb23
Other Current Assets
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1,808.00 1,530.00 1,144.00 953.00 1,990.00

Sanyo Shokai Quarterly Data
Dec18 Mar19 Jun19 Sep19 Dec19 May20 Aug20 Nov20 Feb21 May21 Aug21 Nov21 Feb22 May22 Aug22 Nov22 Feb23 May23 Aug23 Nov23
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 2,037.00 1,990.00 2,032.00 2,500.00 2,185.00

Sanyo Shokai 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.


Sanyo Shokai Other Current Assets Related Terms

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Sanyo Shokai (TSE:8011) Business Description

Traded in Other Exchanges
N/A
Address
6-14 Honshiocho, Shinjuku-ku, Tokyo, JPN, 160-0003
Sanyo Shokai Ltd is a Japan-based company, engages in the manufacture and sale of textile products. It is involved in the business of manufacturing and sale of men's clothing, ladies and accessories sales of products at department stores, specialty shops, directly managed stores nationwide. It is also engaged in the business of the lease and rent of real estate properties.

Sanyo Shokai (TSE:8011) Headlines

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