Operating current asset
Operating current asset is the current asset used to support operations, such as cash, accounts receivable, and inventory. It does not include short-term investments.
Definitions
According to Financial Management Theory and Practice by Eugene F. Brigham and Michael C. Ehrhardt (13th edition),
- Operating current assets. The current assets used to support operations, such as cash, accounts receivable, and inventory. It does not include short-term investments.
Related concepts
- Financial management. A combination of enterprise efforts undertaken in order to procure and utilize monetary resources of the enterprise.
