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Browse terms140
Browse terms140

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Current Assets

Assets expected to be converted to cash, sold, or consumed within roughly twelve months, including cash, receivables, and inventory.

What traders should verify

For Current Assets, identify the statement, reporting period, accounting policy, footnote support, comparable periods, and cash-flow effect.

Do not conflate

Current Assets is an accounting measure or classification; it is not automatically cash, fair value, liquidity, or current market value.

Primary source

SEC definition

Source boundary: this glossary reflects SEC staff views and is not a Commission rule, regulation, or statement. Check the linked source for current wording and legal context.

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