The sum of current assets is the total value of all the assets that are expected to be converted into cash or used up within a year or within the normal operating cycle of a business, whichever is longer. Current assets typically include cash and cash equivalents, accounts receivable, inventory, and prepaid expenses. The sum of current assets is an important financial metric that provides insight into a company's liquidity and ability to meet its short-term obligations. It is calculated by adding up the value of all current assets listed on a company's balance sheet.
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Gross working capital
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The sum of current assets is the total value of all the assets that are expected to be converted into cash or used up within a year or within the normal operating cycle of a business, whichever is longer. Current assets typically include cash and cash equivalents, accounts receivable, inventory, and prepaid expenses. The sum of current assets is an important financial metric that provides insight into a company's liquidity and ability to meet its short-term obligations. It is calculated by adding up the value of all current assets listed on a company's balance sheet.