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Biotech / Medical : Biotech Valuation
CRSP 48.78+6.3%3:59 PM EST
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To: tom pope who wrote (16601)4/22/2005 9:05:32 PM
From: DewDiligence_on_SI  Read Replies (1) of 52153
 
Thus, on 12/31 - assuming calendar = fiscal - all inventory is shifted to long term assets? And returns to current on 1/1?

No. Inventory is never considered a long-term asset.

My previous post was misleading by bringing the fiscal year into the discussion. As long as an asset is expected to be converted to cash within one year from the date of a given balance sheet (inventory clearly qualifies), it is classified as a current asset on that balance sheet. Regards, Dew
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