Current assets in the context of construction refer to any assets that are expected to be converted into cash or used up within one year. This includes items such as cash on hand, accounts receivable, and inventory of construction materials. These assets are essential for maintaining the day-to-day operations of a construction company, as they provide the necessary funds to pay for labor, materials, and other expenses. Cash on hand is crucial for meeting immediate financial obligations, such as payroll and utility bills, while accounts receivable represent money owed to the company by clients for completed projects. Inventory of construction materials ensures that the company has the necessary supplies on hand to complete ongoing projects, without experiencing delays or disruptions.Having a healthy level of current assets is important for construction companies to