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TECOM Group PJSC (DFM:TECOM) Other Current Assets : د.إ0 Mil (As of Mar. 2024)


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What is TECOM Group PJSC Other Current Assets?

TECOM Group PJSC's other current assets for the quarter that ended in Mar. 2024 was د.إ0 Mil.

TECOM Group PJSC's quarterly other current assets increased from Sep. 2023 (د.إ0 Mil) to Dec. 2023 (د.إ110 Mil) but then declined from Dec. 2023 (د.إ110 Mil) to Mar. 2024 (د.إ0Mil).

TECOM Group PJSC's annual other current assets increased from Dec. 2021 (د.إ65 Mil) to Dec. 2022 (د.إ70 Mil) increased from Dec. 2022 (د.إ70 Mil) to Dec. 2023 (د.إ110 Mil).


TECOM Group PJSC Other Current Assets Historical Data

The historical data trend for TECOM Group PJSC'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.

TECOM Group PJSC Other Current Assets Chart

TECOM Group PJSC Annual Data
Trend Dec19 Dec20 Dec21 Dec22 Dec23
Other Current Assets
103.40 94.94 65.50 69.71 110.02

TECOM Group PJSC Quarterly Data
Dec19 Dec20 Mar21 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 - - - 110.02 -

TECOM Group PJSC 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.


TECOM Group PJSC Other Current Assets Related Terms

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TECOM Group PJSC (DFM:TECOM) Business Description

Traded in Other Exchanges
N/A
Address
Commercial Building No. 1, Dubai Studio City , P.O. Box 66000, Dubai, ARE
TECOM Group PJSC is a central player in Dubai's business hub proposition and is strongly positioned to benefit from the commercial real estate market and the sustained growth of its broader economy. It offers a range of properties and services to customers. The company divides its operations into four financial segments namely commercial leasing, industrial leasing, land leasing and services, and others.

TECOM Group PJSC (DFM:TECOM) Headlines

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