Other Current Liabilities


DEFINITION of 'Other Current Liabilities'

A balance sheet entry used by companies to group together current liabilities that are not assigned to common liabilities such as debt obligations or accounts payable.

BREAKING DOWN 'Other Current Liabilities'

Companies will group together these other current liabilities into one account on the balance sheet for the sake of simplicity. Investors should be able to find out exactly which liabilities are accounted for in the other current liabilities account by reading the attached foot or end notes.

  1. Spontaneous Liabilities

    Liabilities of a company that are accumulated automatically as ...
  2. Other Current Assets - OCA

    A firm's assets that do not include cash, securities, receivables, ...
  3. Accounts Payable - AP

    An accounting entry that represents an entity's obligation to ...
  4. Other Long-Term Liabilities

    A balance sheet item that includes obligations which are not ...
  5. Current Liabilities

    A company's debts or obligations that are due within one year. ...
  6. Adjusted Gross Income - AGI

    A measure of income calculated from your gross income and used ...
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  3. How can working capital affect a company's finances?

    Working capital, or total current assets minus total current liabilities, can affect a company's longer-term investment effectiveness ... Read Full Answer >>
  4. What are working capital costs?

    Working capital costs (WCC) refer to the costs of maintaining daily operations at an organization. These costs take into ... Read Full Answer >>
  5. What does low working capital say about a company's financial prospects?

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