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Fukuoka REIT (TSE:8968) Other Current Assets : 円4,533 Mil (As of Aug. 2023)


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What is Fukuoka REIT Other Current Assets?

Fukuoka REIT's other current assets for the quarter that ended in Aug. 2023 was 円4,533 Mil.

Fukuoka REIT's quarterly other current assets declined from Aug. 2022 (円4,699 Mil) to Feb. 2023 (円4,524 Mil) but then increased from Feb. 2023 (円4,524 Mil) to Aug. 2023 (円4,533Mil).

Fukuoka REIT's annual other current assets increased from Aug. 2021 (円4,291 Mil) to Aug. 2022 (円4,699 Mil) declined from Aug. 2022 (円4,699 Mil) to Aug. 2023 (円4,533 Mil).


Fukuoka REIT Other Current Assets Historical Data

The historical data trend for Fukuoka REIT'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.

Fukuoka REIT Other Current Assets Chart

Fukuoka REIT Annual Data
Trend Aug14 Aug15 Aug16 Aug17 Aug18 Aug19 Aug20 Aug21 Aug22 Aug23
Other Current Assets
Get a 7-Day Free Trial Premium Member Only Premium Member Only 5,567.31 5,123.95 4,291.25 4,698.74 4,532.84

Fukuoka REIT Semi-Annual Data
Aug14 Feb15 Aug15 Feb16 Aug16 Feb17 Aug17 Feb18 Aug18 Feb19 Aug19 Feb20 Aug20 Feb21 Aug21 Feb22 Aug22 Feb23 Aug23 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 4,263.37 4,698.74 4,523.66 4,532.84 -

Fukuoka REIT 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.


Fukuoka REIT Other Current Assets Related Terms

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Fukuoka REIT (TSE:8968) Business Description

Traded in Other Exchanges
N/A
Address
1-2-25 Sumiyoshi, Hakata, Fukuoka, JPN, 812-0018
Fukuoka REIT Corp is an REIT based in Japan. The company manages a portfolio with a focus on entertainment retail facilities and office buildings in the Fukuoka metropolitan area and other neighbouring areas in the Kyushu region. Fukuoka REIT's asset manager, Fukuoka Realty, provides real estate management, acquisition, arrangement of new property, fundraising, and other operations under contracts. The firm diversifies in retail, office buildings, and other types of property, including residences, hotels, logistics facilities, and public and other facilities. Retail property represents more than half of the portfolio assets.

Fukuoka REIT (TSE:8968) Headlines

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