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Abhotel Co (TSE:6565) Other Current Assets : 円78 Mil (As of Dec. 2023)


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What is Abhotel Co Other Current Assets?

Abhotel Co's other current assets for the quarter that ended in Dec. 2023 was 円78 Mil.

Abhotel Co's quarterly other current assets increased from Jun. 2023 (円68 Mil) to Sep. 2023 (円69 Mil) and increased from Sep. 2023 (円69 Mil) to Dec. 2023 (円78Mil).

Abhotel Co's annual other current assets declined from Mar. 2021 (円294 Mil) to Mar. 2022 (円68 Mil) increased from Mar. 2022 (円68 Mil) to Mar. 2023 (円74 Mil).


Abhotel Co Other Current Assets Historical Data

The historical data trend for Abhotel 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.

Abhotel Co Other Current Assets Chart

Abhotel Co Annual Data
Trend Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
Other Current Assets
Get a 7-Day Free Trial 122.38 93.14 293.89 68.26 73.67

Abhotel Co Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 82.09 73.67 67.81 69.31 78.24

Abhotel 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.


Abhotel Co Other Current Assets Related Terms

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Abhotel Co (TSE:6565) Business Description

Traded in Other Exchanges
N/A
Address
1-9-2 Mikawaanjo-cho, Anjo-shi, Aichi, JPN, 446-0056
Abhotel Co Ltd is a Japan-based company, engages in the Hotel business. It operates a hotel with rooms, meals, facilities and services, and sightseeing. It offers various categories of rooms, such as Universal Twin Room, Deluxe Twin Room, Separate Semi Double Room, Separate Single Room, Double Room and Single Room. Its room facilities include a minibar with rooms, in-room electronic safe lockers, laundry and dry cleaning, spa, health club, travel desk, shopping arcade and other.

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