current asset

listen to the pronunciation of current asset
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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
An asset that could be converted into cash within 12 months
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
Assets that will normally be turned into cash within a year
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
An asset that is expected to be converted into cash within the trading cycle
current assets
are those assets of a company that are reasonably expected to be realized in cash, or sold, or consumed during the normal operating cycle of the business (usually one year) Such assets include cash, accounts receivable and money due usually within one year, short-term investments, inventories, and prepaid expenses
current assets
Those assets which are available or can be made readily available to meet the cost of operations or to pay current liabilities Some examples are cash, temporary investments, and taxes receivable which will be collected within about a year from the balance sheet date
current assets
Cash or property that can be converted to cash in a short period of time; usually accounts receivable, inventory and short-term notes receivable
current assets
Those resources recorded on the balance sheet that are cash or are expected to become cash within the next reporting cycle Current assets include Accounts Receivable and Inventory
current assets
Cash and other assets that are expected to be converted into cash within the next twelve months Examples include such liquid items as cash and equivalents, accounts receivable, inventory and prepaid expenses
current assets
Assets a company can convert to cash within one year Examples are accounts receivable and inventories of products to sell Listed in the assets category on the statement of financial position See also accounts receivable, assets, fixed assets
current assets
Current assets are a balance sheet classification which include cash,marketable securities, accounts receivable, inventories and prepaid expenses These items are typically characterized as assets that can beconverted into liquid cash within a year or less
current assets
Cash and assets that will be sold, used up, or turned into cash within the current accounting period, usually one year Besides cash, examples are receivables, supplies, and merchandise inventory
current assets
Those assets of a company that are reasonably expected to be realized in cash, sold or consumed during one year These include cash, U S Government bonds, receivables and money due usually within one year, as well as inventories
current assets
Cash and other assets that are expected to be converted to cash within one year
current assets
Cash and other assets that may reasonably be expected to be converted to cash with a year or during the normal operating cycle
current assets
Assets that can be converted to cash within 12 months These include cash, marketable securities, accounts receivable and inventory See "Current Assets/Liabilities " BACK TO TOP
current assets
cash and other assets that can be converted into cash within one year
current assets
Assets which normally are converted into cash in 12 months or less, including accounts receivable and liquid investments such as stocks and bonds
current assets
liquid holdings, liquid assets
current assets
Cash and other assets or resources commonly identified as those which are reasonably expected to be realized in cash or sold during the next 12 months
current assets
The assets which can be quickly converted to cash Cash, investment accounts, inventories and accounts receivable are in this category
current assets
All cash (bank accounts or money market funds), resources that will be converted to cash in the normal course of business within one year, plus other resources that could be converted within one year (e g , marketable securities) (b)
current assets
Current assets are those assets of a company that are expected to be converted to cash, sold, or consumed during the normal operating cycle of the business (usually one year) Examples are cash, accounts receivable, short-term investments, US government bonds, inventories, and prepaid expenses
current assets
Appears on a company's balance sheet, representing cash, accounts receivable, inventory, marketable securities, prepaid expenses and other assets that can be converted to cash within one year
current assets
Current assets are assets which a company does not use on a continuous basis, such as stocks and debts, but which can be converted into cash within one year. The company lists its current assets at $56.9 million. Cash or assets convertible into cash at short notice
current assets
Valuable resources or property owned by a company that will be turned into cash within one year or used up in the operations of the company within one year Generally includes cash, accounts receivable, inventory and prepaid expenses
current assets
anything that can be converted into cash within a year - cash in bank, petty cash, money owed to organisation, goods for sale Fixed assets: eg larger equipment, vehicles, buildings owned Should be depreciated and shown as an expense in the accounts Net assets: fixed assets plus current assets minus current liabilities
current assets
Those Assets of a company that are reasonably expected to be converted to cash or consumed within 12 months from the date of the Balance Sheet Current Assets include Cash, Accounts Receivable, Inventories and Prepaid Expenses
current assets
A balance sheet item which equals the sum of cash and cash equivalents, accounts receivable, inventory, marketable securities, prepaid expenses, and other assets that could be converted to cash in less than one year opposite of noncurrent asset
current assets
Includes cash and other resources that can be converted into cash or used within the normal operations of a business within a relatively short period of time, usually less than one year
current assets
Value of cash, accounts receivable, inventories, marketable securities and other assets that could be converted to cash in less than 1 year
current asset

    Hyphenation

    cur·rent as·set

    Turkish pronunciation

    kärınt äset

    Pronunciation

    /ˈkärənt ˈaˌset/ /ˈkɑːrənt ˈæˌsɛt/

    Etymology

    [ 'k&r-&nt, 'k&-r&am ] (adjective.) 14th century. Middle English curraunt, from Old French curant, present participle of courre to run, from Latin currere; more at CAR.
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