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Ichigo Office REIT Investment (TSE:8975) Other Current Assets : 円14,629 Mil (As of Oct. 2023)


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What is Ichigo Office REIT Investment Other Current Assets?

Ichigo Office REIT Investment's other current assets for the quarter that ended in Oct. 2023 was 円14,629 Mil.

Ichigo Office REIT Investment's quarterly other current assets increased from Oct. 2022 (円14,545 Mil) to Apr. 2023 (円14,740 Mil) but then declined from Apr. 2023 (円14,740 Mil) to Oct. 2023 (円14,629Mil).

Ichigo Office REIT Investment's annual other current assets increased from Oct. 2021 (円14,410 Mil) to Oct. 2022 (円14,545 Mil) increased from Oct. 2022 (円14,545 Mil) to Oct. 2023 (円14,629 Mil).


Ichigo Office REIT Investment Other Current Assets Historical Data

The historical data trend for Ichigo Office REIT 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.

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Ichigo Office REIT Investment Other Current Assets Chart

Ichigo Office REIT Investment Annual Data
Trend Oct14 Oct15 Oct16 Oct17 Oct18 Oct19 Oct20 Oct21 Oct22 Oct23
Other Current Assets
Get a 7-Day Free Trial Premium Member Only Premium Member Only 14,243.65 14,351.13 14,410.43 14,545.45 14,628.78

Ichigo Office REIT Investment Semi-Annual Data
Apr14 Oct14 Apr15 Oct15 Apr16 Oct16 Apr17 Oct17 Apr18 Oct18 Apr19 Oct19 Apr20 Oct20 Apr21 Oct21 Apr22 Oct22 Apr23 Oct23
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 14,410.43 14,468.64 14,545.45 14,740.35 14,628.78

Ichigo Office REIT 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.


Ichigo Office REIT Investment Other Current Assets Related Terms

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Ichigo Office REIT Investment (TSE:8975) Business Description

Traded in Other Exchanges
N/A
Address
1-1-1 Uchisaiwai-cho, Chiyoda-ku, Tokyo, JPN, 100-0011
Ichigo Office REIT Investment Corp is investment company operating in Japan. Its investment strategy is focused on mid-size offices which offer return stability and upside potential. The company seeks to drive higher earnings and sustainable growth for its shareholders by increasing the value of its assets through a wide array of value-add activities, including tailored tenant services, structural building improvements, and targeted tenant leasing. It provides stable cash flows, supporting stable dividends and upside for shareholders through rental income earned in mid-size offices.

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