GURUFOCUS.COM » STOCK LIST » Real Estate » REITs » Activia Properties Inc (OTCPK:ATVXF) » Definitions » Other Current Assets

Activia Properties (Activia Properties) Other Current Assets : $30.7 Mil (As of Nov. 2023)


View and export this data going back to 2014. Start your Free Trial

What is Activia Properties Other Current Assets?

Activia Properties's other current assets for the quarter that ended in Nov. 2023 was $30.7 Mil.

Activia Properties's quarterly other current assets increased from Nov. 2022 ($27.5 Mil) to May. 2023 ($37.7 Mil) but then declined from May. 2023 ($37.7 Mil) to Nov. 2023 ($30.7Mil).

Activia Properties's annual other current assets declined from Nov. 2021 ($39.3 Mil) to Nov. 2022 ($27.5 Mil) increased from Nov. 2022 ($27.5 Mil) to Nov. 2023 ($30.7 Mil).


Activia Properties Other Current Assets Historical Data

The historical data trend for Activia Properties'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.

Activia Properties Other Current Assets Chart

Activia Properties Annual Data
Trend Nov14 Nov15 Nov16 Nov17 Nov18 Nov19 Nov20 Nov21 Nov22 Nov23
Other Current Assets
Get a 7-Day Free Trial Premium Member Only Premium Member Only 35.62 36.21 39.26 27.45 30.67

Activia Properties Semi-Annual Data
May14 Nov14 May15 Nov15 May16 Nov16 May17 Nov17 May18 Nov18 May19 Nov19 May20 Nov20 May21 Nov21 May22 Nov22 May23 Nov23
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 39.26 33.90 27.45 37.72 30.67

Activia Properties 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.


Activia Properties Other Current Assets Related Terms

Thank you for viewing the detailed overview of Activia Properties's Other Current Assets provided by GuruFocus.com. Please click on the following links to see related term pages.


Activia Properties (Activia Properties) Business Description

Traded in Other Exchanges
Address
1-16-3 Dogenzaka, Shibuya-ku, Tokyo, JPN, 150-0043
Activia Properties Inc, or API, is a Japanese real estate investment trust principally involved in the ownership of properties in the Greater Tokyo area. Most of these properties are either urban retail units near major train stations, corporate office properties, or other popular areas in Tokyo. API derives the vast majority of its income in the form of rental revenue from its real estate holdings. Its urban retail properties encompass the larger overall share of these holdings. The company's major tenants include the Tokyu Land Corporation, a Japanese railway operator. Tokyu Land Corp is also the controlling shareholder of the firm that works with Activia through an asset management agreement, TLC Activia Investment Management Inc.

Activia Properties (Activia Properties) Headlines

No Headlines