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SBI Leasing Services Co (TSE:5834) Other Current Assets : 円17,713 Mil (As of Dec. 2023)


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What is SBI Leasing Services Co Other Current Assets?

SBI Leasing Services Co's other current assets for the quarter that ended in Dec. 2023 was 円17,713 Mil.

SBI Leasing Services Co's quarterly other current assets declined from Jun. 2023 (円5,707 Mil) to Sep. 2023 (円1,035 Mil) but then increased from Sep. 2023 (円1,035 Mil) to Dec. 2023 (円17,713Mil).

SBI Leasing Services Co's annual other current assets declined from Mar. 2021 (円10,885 Mil) to Mar. 2022 (円7,023 Mil) declined from Mar. 2022 (円7,023 Mil) to Mar. 2023 (円1,363 Mil).


SBI Leasing Services Co Other Current Assets Historical Data

The historical data trend for SBI Leasing Services 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.

SBI Leasing Services Co Other Current Assets Chart

SBI Leasing Services Co Annual Data
Trend Mar21 Mar22 Mar23
Other Current Assets
10,885.00 7,023.00 1,363.00

SBI Leasing Services Co Quarterly Data
Mar21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Other Current Assets Get a 7-Day Free Trial Premium Member Only 8,535.00 1,363.00 5,707.00 1,035.00 17,713.00

SBI Leasing Services 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.


SBI Leasing Services Co Other Current Assets Related Terms

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SBI Leasing Services Co (TSE:5834) Business Description

Traded in Other Exchanges
N/A
Address
1-6-1 Roppongi, Izumi Garden Tower 14th floor, Minato-ku, Tokyo, JPN
SBI Leasing Services Co Ltd offers Japanese-style operating lease products that invest in real assets such as aircraft and ships.

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