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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"There area lot of very interesting marginal fields with working assets to tie back to, but some of these have a shelf life and if we leave it too long to act, it will be too late as the existing platforms will have been decommissioned.
Main problem of processing enterprises in Kyrgyzstan is inadequacy or lack of working assets, the press service of the Ministry of Agriculture and Melioration of Kyrgyzstan reported on April 4 referring to a session of the European Commission on Agriculture in Bucharest (Romania).
One reality we should especially include in our concept of thinking, is how India has managed to depoliticise the minds of its young and convert them into working assets.
Obviously, having an estate document that provides for the income to go to a surviving spouse, but transfers working assets to the farm successor, may provide sufficient and equitable treatment of the next generation to operate the farm.
The event is organised by the residents who live at the Market Wells Foyer in Birkenhead - part of Forum Housing Association - as part of the Working Assets Programme Business Initiative Joanne Gordon from the Market Wells Foyer said: "I think it works so well because the event is put on by young people for young people so they know what works and what doesn''t.
It functions as a revolving line of credit that is typically secured with the working assets of the business, meaning its inventory and accounts.
As we expected, the company's net interest spread contracted by 60 bps QoQ in 4Q09 to 7% due to the lower profitability of working assets from the reduction in lending rates.
Similarly, if the rotation speed of the current assets is high (an indicator of financial analysis), it's recommended to take into account the value of working assets instead of the total assets.
Mr Abdulrahman said Dubai's government had done much to develop the emirate, from hotels to beaches, shopping centres and tourism, adding that these were working assets since Dubai would remain a magnet for holidaymakers.
Avolio is responsible for managing the working assets of Crimson Trace to optimize profitability and cash flow, provide guidance and direction to the accounting department and establish and maintain strong banking relationships.
CREDO Mobile, a US-based mobile phone service from Working Assets, a wireless, long distance and credit card company, is to use text messaging through mobile phones to increase turnout in primary election contests in USA on Tuesday (5 February).