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TOUMEI Co (TSE:4439) Other Current Assets : 円463 Mil (As of Feb. 2024)


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What is TOUMEI Co Other Current Assets?

TOUMEI Co's other current assets for the quarter that ended in Feb. 2024 was 円463 Mil.

TOUMEI Co's quarterly other current assets declined from Aug. 2023 (円669 Mil) to Nov. 2023 (円437 Mil) but then increased from Nov. 2023 (円437 Mil) to Feb. 2024 (円463Mil).

TOUMEI Co's annual other current assets increased from Aug. 2021 (円148 Mil) to Aug. 2022 (円506 Mil) increased from Aug. 2022 (円506 Mil) to Aug. 2023 (円669 Mil).


TOUMEI Co Other Current Assets Historical Data

The historical data trend for TOUMEI 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.

TOUMEI Co Other Current Assets Chart

TOUMEI Co Annual Data
Trend Aug17 Aug18 Aug19 Aug20 Aug21 Aug22 Aug23
Other Current Assets
Get a 7-Day Free Trial 51.86 59.06 147.52 505.71 668.52

TOUMEI Co Quarterly Data
May19 Aug19 Nov19 Feb20 May20 Aug20 Nov20 Feb21 May21 Aug21 Nov21 Feb22 May22 Aug22 Nov22 Feb23 May23 Aug23 Nov23 Feb24
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 640.46 563.20 668.52 436.94 462.84

TOUMEI 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.


TOUMEI Co Other Current Assets Related Terms

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TOUMEI Co (TSE:4439) Business Description

Traded in Other Exchanges
N/A
Address
2-1-39, Hatta chome, Mie Prefecture, Yokkaichi, JPN, 510-0001
TOUMEI Co Ltd is engaged in Office light 119 business, Office solution business, and Financial Planning Business. The company's services include provision of fiber-optic services and ancillary services, sales of information and communications equipment and environmental products, and provision of web services. It also offers insurance brokerage services.

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