GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » Cofco Sugar Holding Co Ltd (SHSE:600737) » Definitions » Other Current Assets

Cofco Sugar Holding Co (SHSE:600737) Other Current Assets : ¥2,534 Mil (As of Mar. 2024)


View and export this data going back to 1996. Start your Free Trial

What is Cofco Sugar Holding Co Other Current Assets?

Cofco Sugar Holding Co's other current assets for the quarter that ended in Mar. 2024 was ¥2,534 Mil.

Cofco Sugar Holding Co's quarterly other current assets increased from Sep. 2023 (¥1,253 Mil) to Dec. 2023 (¥2,057 Mil) and increased from Dec. 2023 (¥2,057 Mil) to Mar. 2024 (¥2,534Mil).

Cofco Sugar Holding Co's annual other current assets increased from Dec. 2021 (¥1,500 Mil) to Dec. 2022 (¥2,789 Mil) declined from Dec. 2022 (¥2,789 Mil) to Dec. 2023 (¥2,057 Mil).


Cofco Sugar Holding Co Other Current Assets Historical Data

The historical data trend for Cofco Sugar Holding 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.

Cofco Sugar Holding Co Other Current Assets Chart

Cofco Sugar Holding Co Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Other Current Assets
Get a 7-Day Free Trial Premium Member Only Premium Member Only 861.26 1,261.54 1,500.17 2,789.41 2,056.68

Cofco Sugar Holding Co Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 2,323.66 1,227.28 1,253.43 2,056.68 2,533.53

Cofco Sugar Holding 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.


Cofco Sugar Holding Co Other Current Assets Related Terms

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


Cofco Sugar Holding Co (SHSE:600737) Business Description

Traded in Other Exchanges
N/A
Address
Xinjiang Uygur Autonomous Region, W101, 1st Floor, Building 54, Yutang Village, Daxiqu Town District, Changji Prefecture, Changji, CHN, 830000
Cofco Sugar Holding Co Ltd is engaged in sugar business and tomato processing business. The company also takes care of sugar imports, port sugar refining, and sugar storage and logistics. Some of the company's products are raw sugar, white sugar, organic white granulated sugar, refined sugar, brown sugar, molasses, beet ordinary granules, and plus honey granules.
Executives
Li Feng Chun senior management
Yu Tian Chi senior management
Yang Hong senior management

Cofco Sugar Holding Co (SHSE:600737) Headlines

No Headlines