Current assets
What can be turned into cash within a year: inventory, receivables and money in the bank.
Current assets are the holdings that cycle through the business within a year — inventory, trade debtors, short-term receivables and cash.
Set against short-term liabilities, they show liquidity: whether the company can meet its near-term obligations without selling something it needs in order to trade.
A large receivables balance is not the same as cash. It is cash somebody else has yet to pay.
Where this figure comes from
Read from the balance sheet in the annual accounts.
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