Quick Assets

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Definition: Quick Assets

Quick assets can be defined as the assets which are liquid and can be readily converted into cash. It includes following current assets – cash, short term marketable instruments and account receivables.




      Sundry Debtors


      Cash and Bank


      Short term inv


      Total Current Assets




Above table is Maruti Suzuki’s Current asset details as on its balance sheet dated on march 2011.

Quick Assets of Maruti  = Cash and Bank + Sundry Debtors(Account Receivables) + short term investment

                                                = 2528.1 + 950.2 + 1573.7

                                                = 5052


Hence, this concludes the definition of Quick Assets along with its overview.

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