An asset on the balance sheet which is expected to be sold or otherwise used up in the near future, usually within one year, or one business cycle - whichever is longer, such as cash, accounts receivable, and inventory
In accounting, a current asset is an asset on the balance sheet which is expected to be sold or otherwise used up in the near future, usually within one year, or one business cycle - whichever is longer. Typical current assets include cash, cash equivalents, accounts receivable, inventory, the portion of prepaid accounts which will be used within a year, and short-term investments
An asset that in the normal course of operations is expected to be converted into cash or consumed in the production of revenue within one year (or with normal operating cycle if that cycle is longer than one year)
Value of cash, accounts receivable, inventories, marketable securities and other assets that could be converted to cash in less than 1 year
cash and all other assets that are reasonably expected to be turned into cash during the normal operating cycle
Assets normally expected to be converted to cash or consumed during the normal operating business cycle (or one year), which usually includes cash, marketable securities, accounts receivable and inventory
Assets easily convertible to cash, i e , cash, marketable securities and accounts receivable
Cash or items on the balance sheet that will be turned into cash in a relatively short period, usually a year or less Current assets include such items as cash, accounts receivable, inventory, short-term investments, and prepaid expenses
ASSET that one can reasonably expect to convert into cash, sell, or consume in operations within a single operating cycle, or within a year if more than one cycle is completed each year
The unrestricted cash and any other asset that, in the normal course of operations, is reasonably expected to be converted into cash or consumed in the production process within one year or within the normal operating cycle (where the operating cycle is longer than a year) (11-26, 40, 43-45; m-7)
Assets that will normally be turned into cash within a year Current Liability Liability that will normally be repaid within a year Current Ratio Current assets divided by current liabilities -- a measure of liquidity Generally, the higher the ratio, the greater the "cushion" between current obligations and a firm's ability to meet them