GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » Alset Inc (NAS:AEI) » Definitions » Other Current Assets

Alset (AEI) Other Current Assets : $1.83 Mil (As of Mar. 2024)


View and export this data going back to 2020. Start your Free Trial

What is Alset Other Current Assets?

Alset's other current assets for the quarter that ended in Mar. 2024 was $1.83 Mil.

Alset's quarterly other current assets increased from Sep. 2023 ($1.13 Mil) to Dec. 2023 ($1.35 Mil) and increased from Dec. 2023 ($1.35 Mil) to Mar. 2024 ($1.83Mil).

Alset's annual other current assets declined from Dec. 2021 ($6.22 Mil) to Dec. 2022 ($0.88 Mil) increased from Dec. 2022 ($0.88 Mil) to Dec. 2023 ($1.35 Mil).


Alset Other Current Assets Historical Data

The historical data trend for Alset'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.

Alset Other Current Assets Chart

Alset Annual Data
Trend Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Other Current Assets
Get a 7-Day Free Trial 4.80 8.29 6.22 0.88 1.35

Alset Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.75 0.90 1.13 1.35 1.83

Alset 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.


Alset Other Current Assets Related Terms

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


Alset (AEI) Business Description

Traded in Other Exchanges
Address
4800 Montgomery Lane, Suite 210, Bethesda, MD, USA, 20814
Alset Inc is a diversified holding company engaged through its subsidiaries in the development of EHome communities and other real estate, financial services, digital transformation technologies, biohealth activities, and consumer products with operations in the United States, Singapore, Hong Kong, Australia, and South Korea. The Company operates in four business segments: real estate, digital transformation technology, biohealth, and other business activities, and it derives a majority of its revenue from the Real Estate segment.
Executives
Chan Heng Fai Ambrose director, 10 percent owner, officer: Chief Executive Officer 2601 INSLAND PLACE TOWER, 510 KINGS RD N POINT, HONG KONG K3 999999999
Hiu Pan Wong director RM F, 47/F, TOWER 6, PARK AVENUE,, 18 HOI TING ROAD, TAI KOK TUSI, KOWLOON, HONG KONG F4 999077
Lim Sheng Hon Danny director 4800 MONTGOMERY LANE, SUITE 210, BETHESDA MD 20814
Hay Kim Ang director C/O HF ENTERPRISES INC. HAMPDEN SQUARE, 4800 MONTGOMERY LANE SUITE 210, BETHESDA MD 20814
Anthony S. Chan officer: Chief Operating Officer 228 YANJIANG AVE., JIANGAN DIST., BLDG A, WUHAN CITY F4 430010
Robert H Trapp other: Former Director C/O EVISION INTERNATIONAL INC., 1888 SHERMAN ST. #500, DENVER CO 80203
Shui Yeung Wong director 4800 MONTGOMERY LANE, SUITE 210, BETHESDA MD 20814
Tung Moe Chan officer: Co-Chief Executive Officer 1601 BLAKE ST, SUITE 310, DENVER CO 80202
Hfe Holdings Ltd 10 percent owner C/O SINGAPORE EDEVELOPMENT LTD. UNIT B, 17 FL GREATMANY CNTR 109-111 QUEENS RD E, WAN CHAI K3 50
Wu William Wai Leung director C/O DOCUMENT SECURITY SYSTEMS, INC., 200 CANAL VIEW BLVD., SUITE 300, ROCHESTER NY 14624
Tat Keung Wong director 4800 MONTGOMERY LANE SUITE 210, BETHESDA MD 20814
Lui Wai Leung Alan officer: Co-Chief Financial Officer 10 WINSTEDT ROAD #02-02 BLOCK A, SINGAPORE U0 227977
Rongguo Wei officer: Co-Chief Financial Officer 4800 MONTGOMERY LN #210, BETHESDA MD 20814
Charles Mackenzie officer: Chief Development Officer 4800 MONTGOMERY LANE, SUITE 210, BETHESDA MD 20814

Alset (AEI) Headlines

From GuruFocus

DSS Receives $15 Million Investment from Alset EHome International

By Marketwired Marketwired 09-08-2021