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Glossary   >   C   >   "Current assets" Definition            Current assets Value of cash, accounts receivable, inventories, marketable securities and other assets that could be converted to cash in less than 1 year. Assets of a company which are regularly turned over including cash, work in progress and debtors. Glossary    Dictionary Search (powered by Google) WWW ITLOCUS.COM GLOSSARY.ITLOCUS.COM Translate a web page (powered by Google)      to German Spanish French Italian Portuguese Japanese Korean Chinese

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Current assets - Value of cash, accounts receivable, inventories, marketable securities and other assets that could be converted to cash in less than 1 year.

Assets of a company which are regularly turned over including cash, work in progress and debtors.