Assets that a company expects to convert into cash, sell, or consume within one year or within its operating cycle, whichever is longer. They are essential for a company’s short-term liquidity and are used to fund day-to-day operations.
Assets that a company expects to convert into cash, sell, or consume within one year or within its operating cycle, whichever is longer. They are essential for a company’s short-term liquidity and are used to fund day-to-day operations.