GURUFOCUS.COM » STOCK LIST » Technology » Software » i Cubed Systems Inc (TSE:4495) » Definitions » Other Current Assets

i Cubed Systems (TSE:4495) Other Current Assets : 円89 Mil (As of Mar. 2024)


View and export this data going back to 2020. Start your Free Trial

What is i Cubed Systems Other Current Assets?

i Cubed Systems's other current assets for the quarter that ended in Mar. 2024 was 円89 Mil.

i Cubed Systems's quarterly other current assets increased from Sep. 2023 (円81 Mil) to Dec. 2023 (円99 Mil) but then declined from Dec. 2023 (円99 Mil) to Mar. 2024 (円89Mil).

i Cubed Systems's annual other current assets increased from Jun. 2021 (円57 Mil) to Jun. 2022 (円59 Mil) increased from Jun. 2022 (円59 Mil) to Jun. 2023 (円88 Mil).


i Cubed Systems Other Current Assets Historical Data

The historical data trend for i Cubed Systems'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.

i Cubed Systems Other Current Assets Chart

i Cubed Systems Annual Data
Trend Jun18 Jun19 Jun20 Jun21 Jun22 Jun23
Other Current Assets
Get a 7-Day Free Trial 27.92 46.14 57.23 58.60 88.23

i Cubed Systems Quarterly Data
Jun18 Jun19 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 72.78 88.23 81.30 98.99 88.85

i Cubed Systems 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.


i Cubed Systems Other Current Assets Related Terms

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


i Cubed Systems (TSE:4495) Business Description

Traded in Other Exchanges
N/A
Address
4th Floor, 1st Meisei Building, 4-37-37 Tenjin, Chuo-ku, Fukuoka Prefecture, Fukuoka, JPN, 810-0001
i Cubed Systems Inc is engaged in provision of mobile device management services for corporations. The company provides CLOMO's business application series that include Clomo browser, Clomo Mailer, Clomo Claender, Clomo Address book, and Clomo File sharing.

i Cubed Systems (TSE:4495) Headlines

No Headlines