equals operating accounts receivable (including other current assets received as payment in kind) plus historical inventories minus operating payables.

The excess of current assets over current debt.

See working capital. To Top

The excess of current assets over current liabilities. (See also Working Capital).

working capital less long-term debt, preferred stock at liquidating value, deferred taxes, minority interests, other long-term liabilities, and intangible assets. Occasionally the phrase is used in a less strict sense to mean working capital less long-term debt. See Working Capital.

The difference between a company`s current assets ... more

Equivalent to operating accounts receivable (including other current assets received as payment in kind) plus historical stocks less operating accounts payable.

the difference between current assets and current liabilities.

Current assets minus current liabilities.