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TSL (XZIM:TSL.ZW) Other Current Assets : ZWG46.6 Mil (As of Oct. 2024)


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What is TSL Other Current Assets?

TSL's other current assets for the quarter that ended in Oct. 2024 was ZWG46.6 Mil.

TSL's quarterly other current assets increased from Oct. 2023 (ZWG0.0 Mil) to Apr. 2024 (ZWG117.1 Mil) but then declined from Apr. 2024 (ZWG117.1 Mil) to Oct. 2024 (ZWG46.6Mil).

TSL's annual other current assets declined from Oct. 2018 (ZWG70.4 Mil) to Oct. 2023 (ZWG0.0 Mil) increased from Oct. 2023 (ZWG0.0 Mil) to Oct. 2024 (ZWG46.6 Mil).


TSL Other Current Assets Historical Data

The historical data trend for TSL'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.

TSL Other Current Assets Chart

TSL Annual Data
Trend Oct11 Oct12 Oct13 Oct14 Oct15 Oct16 Oct17 Oct18 Oct23 Oct24
Other Current Assets
Get a 7-Day Free Trial Premium Member Only Premium Member Only 23.30 73.77 70.40 - 46.65

TSL Semi-Annual Data
Oct11 Apr12 Oct12 Apr13 Oct13 Apr14 Oct14 Apr15 Oct15 Apr16 Oct16 Apr17 Oct17 Apr18 Oct18 Apr19 Apr23 Oct23 Apr24 Oct24
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 6.38 - - 117.13 46.65

TSL 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.


TSL Other Current Assets Related Terms

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TSL Business Description

Traded in Other Exchanges
N/A
Address
28 Simon Mazorodze Road, Southerton, Harare, ZWE
TSL Ltd provides agricultural inputs (fertilizer, chemicals, and packaging), farming, end-to-end logistics solutions, commodity marketing platforms, and industrial real estate. It has four reportable segments namely, the Logistics cluster offers end-to-end logistics services including warehousing and storage facilities, inland terminal and port services, transport, vehicle rental, distribution, and customs clearing. The Agriculture cluster is involved in the auctioning, packaging, production, and retailing of agricultural commodities. The Real estate cluster is involved in the rental and development of industrial properties. The Services cluster provides group activities and shared services in finance and treasury, human resources, procurement, and information technology.

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