From Longman Business Dictionaryˌcurrent ˈasset [countable usually plural] money that a business has or is owed, or something that could easily be turned into money, for example raw materials and goods that have been produced but not soldInvestment properties are now shown as current assets...
The meaning of CURRENT ASSETS is assets of a short-term nature that are readily convertible to cash.
Current assets are used to calculateworking capital, which determines how much money a company can put towards its financial obligations and its financing of operations. Complications like uncollectible accounts or obsolete inventory can reduce current assets and therefore working capital. The company may...
Current assets also known as circulating or fluctuating assets have been defined as by Maurice Moonitz “Cash and other assets … which are reasonably expected to be realized in cash or sold or consumed during the normal operating cycle of the business.” Mo...
Time Traveler The first known use of current was in the 14th century See more words from the same century Phrases Containing current alternating current current account current affairs current assets current events direct current eddy current rip current unidirectional current Articles...
Current assets definition: assets that are readily convertible into cash, usually within one year, without loss in value.. See examples of CURRENT ASSETS used in a sentence.
noun assets in the form of cash (or easily convertible into cash) Etymologies Sorry, no etymologies found. Support Help support Wordnik (and make this page ad-free) by adopting the word current assets. Examples Sorry, no example sentences found. Related Words Log in or sign up to add ...
Current Assets* Input the amount of Current Assets Current Liabilities* Input the amount of Current Liabilities Press the button once the values are inserted Current Ratio Interpretation of Current Ratio An increase in the numerator (current assets) increases the ratio in the current ratio and vice...
Since the balance sheet reports assets in order of liquidity, current assets are reported on the first section followed by a separate section for the noncurrent assets. The separation of current and noncurrent assets allowsexternal usersto analyze the liquidity of the company as well as how effic...
:the excess of quick assets over current liabilities — nonadmitted asset : admitted asset —quick assets :cash, accounts receivable, and other current assets except inventories —tangible asset :an asset that has physical form and is capable of being appraised at an actual or approximate value ...