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Ajiya Bhd (XKLS:7609) Other Current Assets : RM38.6 Mil (As of Nov. 2024)


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What is Ajiya Bhd Other Current Assets?

Ajiya Bhd's other current assets for the quarter that ended in Nov. 2024 was RM38.6 Mil.

Ajiya Bhd's quarterly other current assets declined from May. 2024 (RM1.7 Mil) to Aug. 2024 (RM1.6 Mil) but then increased from Aug. 2024 (RM1.6 Mil) to Nov. 2024 (RM38.6Mil).

Ajiya Bhd's annual other current assets declined from Nov. 2021 (RM2.1 Mil) to Nov. 2022 (RM1.8 Mil) increased from Nov. 2022 (RM1.8 Mil) to Nov. 2023 (RM4.6 Mil).


Ajiya Bhd Other Current Assets Historical Data

The historical data trend for Ajiya Bhd'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.

Ajiya Bhd Other Current Assets Chart

Ajiya Bhd Annual Data
Trend Nov14 Nov15 Nov16 Nov17 Nov18 Nov19 Nov20 Nov21 Nov22 Nov23
Other Current Assets
Get a 7-Day Free Trial Premium Member Only Premium Member Only 3.99 3.11 2.14 1.83 4.57

Ajiya Bhd Quarterly Data
Feb20 May20 Aug20 Nov20 Feb21 May21 Aug21 Nov21 Feb22 May22 Aug22 Nov22 Feb23 May23 Aug23 Nov23 Feb24 May24 Aug24 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 4.57 2.61 1.72 1.57 38.61

Ajiya Bhd 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.


Ajiya Bhd Other Current Assets Related Terms

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Ajiya Bhd Business Description

Traded in Other Exchanges
N/A
Address
Jalan Genuang, Lot 153, Kawasan Perindustrian, Batu 3, Segamat, JHR, MYS, 85000
Ajiya Bhd is a investment holding. The principal activities include manufacturing and trading of roofing materials, manufacturing and trading of all kinds of glass, trading of building materials and investment holding. Its products are classified in two categories: Metal Roll-forming which comprises manufacturing of metal roofing system, metal frame products, tile effect products, architectural products, light-weight channel products; and Safety Glass category which comprises of tempered, heat strengthened, decorative, laminated, insulated and other safety glass product. While it also has its presence in Thailand and Malaysia, Majority of its revenue is earned through the Malaysian market.

Ajiya Bhd Headlines

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