An asset listed on the balance sheet with less than a 12-month life, or that is readily convertible into cash to be used to satisfy current liabilities. Examples of current assets are cash on hand, short-term investments, accounts receivable, and inventory.
Related information about current asset:
- Current asset - Wikipedia, the free encyclopedia
In accounting, a current asset is an asset which can either be converted to cash or used to pay current liabilities within 12 months. Typical current assets include ...
- Current Assets Definition | Investopedia
1. A balance sheet account that represents the value of all assets that are reasonably expected to be converted into cash within one year in the normal course of ...
- What is current assets? definition and meaning
Nearby Terms. Currenex · current account · current account ... Current Account ... current asset · current assumpti... current balance · current capital · current cash ...
- Current Asset - Financial Dictionary - The Free Dictionary
Cash and other assets expected to be converted to cash within a year. Examples include accounts receivable, prepaid expenses, and many negotiable ...
- What is current asset? definition and meaning
Definition of current asset: An asset such as receivables, inventory, work in process, or cash, that is constantly flowing in and out of an organization in the normal ...
- Current Asset Definition & Example | InvestingAnswers
We explain the definition of Current Asset, provide a clear example of how it works, and explain why it's an important concept in business, finance & investing.
- When is an asset classified as a current asset
An asset is something that is considered to be a future economic benefit of the business a current asset is the same but that future economic benefit is expected ...
- Current asset | Business Pundit
A current asset is intended to be sold or disposed of within the year or the company's operating cycle. It is entered as an asset on a company's balance.