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Nippon Soda Co (TSE:4041) Other Current Assets : 円10,320 Mil (As of Dec. 2023)


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What is Nippon Soda Co Other Current Assets?

Nippon Soda Co's other current assets for the quarter that ended in Dec. 2023 was 円10,320 Mil.

Nippon Soda Co's quarterly other current assets increased from Jun. 2023 (円8,274 Mil) to Sep. 2023 (円8,762 Mil) and increased from Sep. 2023 (円8,762 Mil) to Dec. 2023 (円10,320Mil).

Nippon Soda Co's annual other current assets increased from Mar. 2022 (円7,653 Mil) to Mar. 2023 (円8,744 Mil) increased from Mar. 2023 (円8,744 Mil) to Mar. 2024 (円9,424 Mil).


Nippon Soda Co Other Current Assets Historical Data

The historical data trend for Nippon Soda 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.

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Nippon Soda Co Other Current Assets Chart

Nippon Soda Co Annual Data
Trend Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
Other Current Assets
Get a 7-Day Free Trial Premium Member Only Premium Member Only 7,181.00 6,003.00 7,653.00 8,744.00 9,424.00

Nippon Soda Co 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 8,744.00 8,274.00 8,762.00 10,320.00 9,424.00

Nippon Soda 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.


Nippon Soda Co Other Current Assets Related Terms

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Nippon Soda Co (TSE:4041) Business Description

Traded in Other Exchanges
N/A
Address
2-2-1, Ohtemachi, Chiyoda-ku, Tokyo, JPN, 100-8165
Nippon Soda manufactures and sells chemical products and operates in three major and three minor segments. The chemicals segment sells caustic soda, sodium derivatives, and specialty chemicals, which are used to make household cleaning products and pharmaceuticals. The agrochemicals segment sells pesticides, fungicides, and herbicides to the agricultural industry. The trading segment offers chemicals, synthetic resins, and industrial machineries and devices. The company generates additional revenue from its minor segments: transportation, warehousing, and construction services. These segments are engaged in the transportation and warehousing of chemical products, as well as in plant construction and civil engineering services.

Nippon Soda Co (TSE:4041) Headlines

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