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Innolux (TPE:3481) Other Current Assets : NT$3,648 Mil (As of Mar. 2024)


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What is Innolux Other Current Assets?

Innolux's other current assets for the quarter that ended in Mar. 2024 was NT$3,648 Mil.

Innolux's quarterly other current assets declined from Sep. 2023 (NT$1,573 Mil) to Dec. 2023 (NT$1,439 Mil) but then increased from Dec. 2023 (NT$1,439 Mil) to Mar. 2024 (NT$3,648Mil).

Innolux's annual other current assets declined from Dec. 2021 (NT$4,626 Mil) to Dec. 2022 (NT$2,682 Mil) declined from Dec. 2022 (NT$2,682 Mil) to Dec. 2023 (NT$1,439 Mil).


Innolux Other Current Assets Historical Data

The historical data trend for Innolux'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.

Innolux Other Current Assets Chart

Innolux 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 4,731.42 3,268.24 4,625.81 2,681.64 1,438.99

Innolux 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 2,500.88 1,407.20 1,573.44 1,438.99 3,648.20

Innolux 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.


Innolux Other Current Assets Related Terms

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Innolux (TPE:3481) Business Description

Traded in Other Exchanges
N/A
Address
No. 160, Science Road, Hsinchu Science Park, Zhunan Site, Miaoli, TWN, 35053
Innolux Corp is a Taiwan-based company that designs, manufactures, and distributes thin-film transistor liquid crystal display panels to original-equipment manufacturers. Its panels range from 18 inches to 100 inches and are used in television sets, desktop monitors, notebooks and tablets, and medical and automotive applications. The company has more than 10 manufacturing facilities, predominantly in Taiwan. It generates revenue in Taiwan and markets in Asia, the Americas, and Europe.

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