Working Asset


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Working Asset

A highly liquid, current asset. Working assets are taken in and distributed over relatively brief periods of time. Examples of working assets include cash, works in process and inventory. A working asset is also called a floating asset or a circulating asset.
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Certain changes in working assets automatically result in associated changes in some liabilities.
In 2018, Schenker invested EUR 0.52 million in new working assets and infrastructure upgrades, enabling the provision of better and more competitive services.
Telling the gathering that the liquidation is of the company and not the "working assets" he added: "The job is to find a buyer to get it in new hands".
Additionally, companies should compare their working capital and working capital productivity figures against their immediate competitors and benchmark their measurements against industry standards to help managers determine if they are maximizing their working assets and working liabilities to optimize sales and profits com pa red to that of their peers and the industry.
The increase was due to expanding working assets and lower cost of client funds.
Issues of socio-economic development of the region, achievement of targets for the region's economy development in 2018, increase of micro-crediting and entrepreneurship development will be discussed at the meeting with the working assets of the region and representatives of business.
Also, banks retain all of the loans on their balance sheet as working assets.
"In India, many of these assets are still working assets. The replacement costs are much more than what the ARCs are giving us," she says.
* Working capital loan guarantee: Working directly with banks, Ex-lm Bank provides up to a 90 percent guarantee on principal and interest for working capital loans, increasing businesses' borrowing base to include foreign receivables as well as raw materials and working assets. Businesses use this product when they have inventory overseas and need credit.
The new EFG Hermes subsidiary aims to deliver the fastest turnaround time in Egypt - half the time of industry peers - while incorporating a decision-making process that takes into account a qualitative assessment of the business, its prospects and its character, with a world class system in place designed to match long-term financing with long-term assets and short-term financing for working assets.
The sector is already on the verge of collapse because of electricity shortages and high cost of production addition that non-repayments of the repayment have forced this sector to cut their working assets. Adepts also mentioned that PRAL (performance of Pakistan Revenue Automation Limited) saying almost 75.0 percent repayment cases of the bedwear exporters are deferred through this computerized scheme resulting real exporters money in billions are blocked.
Barnes, the co-founder of Working Assets, a socially responsible financial services group, and the author of five previous books, asks readers to visualize a series of "pipes," which would generate new revenue streams.