GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Vehicles & Parts » VinFast Auto Ltd (NAS:VFS) » Definitions » Other Current Assets

VinFast Auto (VinFast Auto) Other Current Assets : $198 Mil (As of Mar. 2024)


View and export this data going back to 2023. Start your Free Trial

What is VinFast Auto Other Current Assets?

VinFast Auto's other current assets for the quarter that ended in Mar. 2024 was $198 Mil.

VinFast Auto's quarterly other current assets declined from Sep. 2023 ($288 Mil) to Dec. 2023 ($236 Mil) and declined from Dec. 2023 ($236 Mil) to Mar. 2024 ($198Mil).

VinFast Auto's annual other current assets increased from Dec. 2021 ($404 Mil) to Dec. 2022 ($432 Mil) declined from Dec. 2022 ($432 Mil) to Dec. 2023 ($236 Mil).


VinFast Auto Other Current Assets Historical Data

The historical data trend for VinFast Auto'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.

VinFast Auto Other Current Assets Chart

VinFast Auto Annual Data
Trend Dec20 Dec21 Dec22 Dec23
Other Current Assets
99.56 403.76 432.41 236.25

VinFast Auto Quarterly Data
Dec20 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Other Current Assets Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only 315.53 240.81 287.74 236.25 197.90

VinFast Auto 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.


VinFast Auto Other Current Assets Related Terms

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


VinFast Auto (VinFast Auto) Business Description

Traded in Other Exchanges
Address
Dinh Vu – Cat Hai Economic Zone, Cat Hai Islands, Cat Hai Town, Cat Hai District, Hai Phong, VNM
VinFast Auto Ltd manufacture cars, and motor vehicles, render leasing activities, trade smartphones, and related businesses. The company is engaged in designing and manufacturing premium EVs, e-scooters, and e-buses. The company's initial EV product line is an all-new range of fully-electric A- through E-segment SUVs. The Company has three reportable segments, namely Automobiles, E-scooter, Spare parts & Aftermarket services. The Automobiles segment includes the design, development, manufacturing, and sales of cars and electric buses. The E-scooter segment includes the design, development, manufacturing, and sales of e-scooters. The sales of spare parts and rendering of aftermarket services for automobiles and e-scooters are included in the Spare parts & Aftermarket services segment.