Current assets, also known as current assets, are the liquid goods and rights (in money) that a company has, plus the goods and rights that can be converted into liquid in a period of time less than one year.

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Current assets are very important in a company, since if it has this type of asset, it is at its disposal to be used at any time, and pay off short-term debts.

What accounts are part of current assets?

These are the main accounts that form current assets:

• Inventory: These are goods that will be sold in the ordinary course of operations, or for their transformation or incorporation into the production process.

• Treasury or cash: It is the money that the company has in the cash register for cash payments and in banks.

• Short-term receivables: The outstanding collection accounts of customers for some sale made or service provided on credit, it can also be considered those obligations arising from various outstanding loans to be collected.

• Short-term financial investments: Financial products (funds, deposits) as long as their maturity is equal to or less than one year.

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