GURUFOCUS.COM » STOCK LIST » Financial Services » Credit Services » NiSun International Enterprise Development Group Co Ltd (NAS:NISN) » Definitions » Other Current Assets

NiSun International Enterprise Development Group Co (NiSun International Enterprise Development Group Co) Other Current Assets : $47.7 Mil (As of Jun. 2023)


View and export this data going back to 2016. Start your Free Trial

What is NiSun International Enterprise Development Group Co Other Current Assets?

NiSun International Enterprise Development Group Co's other current assets for the quarter that ended in Jun. 2023 was $47.7 Mil.

NiSun International Enterprise Development Group Co's quarterly other current assets increased from Jun. 2022 ($28.9 Mil) to Dec. 2022 ($61.3 Mil) but then declined from Dec. 2022 ($61.3 Mil) to Jun. 2023 ($47.7Mil).

NiSun International Enterprise Development Group Co's annual other current assets increased from Dec. 2020 ($1.0 Mil) to Dec. 2021 ($13.4 Mil) increased from Dec. 2021 ($13.4 Mil) to Dec. 2022 ($61.3 Mil).


NiSun International Enterprise Development Group Co Other Current Assets Historical Data

The historical data trend for NiSun International Enterprise Development Group Co'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.

NiSun International Enterprise Development Group Co Other Current Assets Chart

NiSun International Enterprise Development Group Co Annual Data
Trend Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
Other Current Assets
Get a 7-Day Free Trial Premium Member Only Premium Member Only 5.79 46.49 1.04 13.40 61.28

NiSun International Enterprise Development Group Co Quarterly Data
Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Mar21 Jun21 Sep21 Dec21 Jun22 Dec22 Jun23
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 - 13.40 28.93 61.28 47.68

NiSun International Enterprise Development Group Co 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.


NiSun International Enterprise Development Group Co Other Current Assets Related Terms

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


NiSun International Enterprise Development Group Co (NiSun International Enterprise Development Group Co) Business Description

Traded in Other Exchanges
N/A
Address
No. 55 Loushanguan Road, Floor 20-21, New Hongqiao Building, Changning District, Shanghai, CHN
NiSun International Enterprise Development Group Co Ltd is technology-driven, integrated supply chain solutions provider focused on transforming the corporate finance industry. Nisun is dedicated to providing professional supply chain solutions to Chinese and foreign enterprises and financial institutions. Through its subsidiaries, it provides users with professional solutions for technology supply chain management, technology asset routing, and digital transformation of tech and finance institutions, enabling the industry to strengthen and grow. At the same time, Nisun continues to deepen the field of industry segmentation through industrial and financial integration, by cultivating/creating an ecosystem of openness and empowerment.
Executives
Apex Trading Group Inc 10 percent owner 181 SPADINA RD., RICHMOND HILL A6 L4B3C5

NiSun International Enterprise Development Group Co (NiSun International Enterprise Development Group Co) Headlines