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Japan Real Estate Investment (TSE:8952) Other Current Assets : 円7,404 Mil (As of Sep. 2023)


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What is Japan Real Estate Investment Other Current Assets?

Japan Real Estate Investment's other current assets for the quarter that ended in Sep. 2023 was 円7,404 Mil.

Japan Real Estate Investment's quarterly other current assets increased from Sep. 2022 (円7,130 Mil) to Mar. 2023 (円9,269 Mil) but then declined from Mar. 2023 (円9,269 Mil) to Sep. 2023 (円7,404Mil).

Japan Real Estate Investment's annual other current assets declined from Sep. 2021 (円7,210 Mil) to Sep. 2022 (円7,130 Mil) increased from Sep. 2022 (円7,130 Mil) to Sep. 2023 (円7,404 Mil).


Japan Real Estate Investment Other Current Assets Historical Data

The historical data trend for Japan Real Estate Investment'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.

Japan Real Estate Investment Other Current Assets Chart

Japan Real Estate Investment Annual Data
Trend Sep14 Sep15 Sep16 Sep17 Sep18 Sep19 Sep20 Sep21 Sep22 Sep23
Other Current Assets
Get a 7-Day Free Trial Premium Member Only Premium Member Only 7,233.88 7,444.80 7,210.27 7,130.30 7,403.89

Japan Real Estate Investment Semi-Annual Data
Sep14 Mar15 Sep15 Mar16 Sep16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23 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 6,946.82 7,130.30 9,269.22 7,403.89 -

Japan Real Estate Investment 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.


Japan Real Estate Investment Other Current Assets Related Terms

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Japan Real Estate Investment (TSE:8952) Business Description

Traded in Other Exchanges
N/A
Address
3-3-1 Marunouchi, Chiyoda-ku, Tokyo, JPN, 100-0005
Japan Real Estate Investment Corp, or J-REIT, is a Japanese real estate investment trust that invests in, owns, and leases office properties. The vast majority of the company's real estate portfolio is located within Tokyo's 23 wards and the Tokyo metropolitan area in terms of total value. Within this area, most of J-REIT's offices reside within the Tokyo central business district. The company derives nearly all of its income in the form of rental revenue from the leasing of its office properties. While J-REIT tenants hail from a diverse assortment of industries, firms from the service, information services, electric devices, and financial services industries are its largest customers in terms of total leased space.

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