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Daiken (TSE:7905) Other Current Assets : 円18,863 Mil (As of Sep. 2023)


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What is Daiken Other Current Assets?

Daiken's other current assets for the quarter that ended in Sep. 2023 was 円18,863 Mil.

Daiken's quarterly other current assets declined from Mar. 2023 (円19,155 Mil) to Jun. 2023 (円17,796 Mil) but then increased from Jun. 2023 (円17,796 Mil) to Sep. 2023 (円18,863Mil).

Daiken's annual other current assets increased from Mar. 2021 (円10,557 Mil) to Mar. 2022 (円13,679 Mil) increased from Mar. 2022 (円13,679 Mil) to Mar. 2023 (円19,155 Mil).


Daiken Other Current Assets Historical Data

The historical data trend for Daiken'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.

Daiken Other Current Assets Chart

Daiken Annual Data
Trend Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
Other Current Assets
Get a 7-Day Free Trial Premium Member Only Premium Member Only 10,298.00 8,260.00 10,557.00 13,679.00 19,155.00

Daiken Quarterly Data
Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23
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 17,413.00 22,355.00 19,155.00 17,796.00 18,863.00

Daiken 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.


Daiken Other Current Assets Related Terms

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Daiken (TSE:7905) Business Description

Traded in Other Exchanges
N/A
Address
22F Dojima Avanza, 6-20 Dojima 1-Chome, Kita-ku, Osaka, JPN, 5308210
Daiken Corp is in the business of providing building materials, industrial materials and also engaged in the engineering business. Its products include Ceiling materials, Interior door, Tatami mat, Flooring, Wall tile, Acoustic products, and Cabinet. The firm's engineering business comprises contracts for construction work to create space that maximizes the functions of industrial materials and building materials. The company has production facilities in Malaysia, Indonesia, New Zealand, China, and Japan.

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