Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Biotech / Medical : Biotech Valuation -- Ignore unavailable to you. Want to Upgrade?

To: tom pope who wrote (16601)	4/22/2005 9:05:32 PM
From: DewDiligence_on_SI	Read Replies (1) \| Respond to 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