Sum of the carrying amounts as of the balance sheet date of all assets that are expected to be realized in cash, sold, or consumed within one year (or the normal operating cycle, if longer). Assets are probable future economic benefits obtained or controlled by an entity as a result of past transactions or events.
Costco Wholesale Corp.’s current assets as a percentage of total assets increased from Q3 2020 to Q4 2020 and from Q4 2020 to Q1 2021.
Property and equipment, net
Amount after accumulated depreciation, depletion and amortization of physical assets used in the normal conduct of business to produce goods and services and not intended for resale. Examples include, but are not limited to, land, buildings, machinery and equipment, office equipment, and furniture and fixtures.
Costco Wholesale Corp.’s property and equipment, net as a percentage of total assets decreased from Q3 2020 to Q4 2020 and from Q4 2020 to Q1 2021.
Other assets
Sum of the carrying amounts as of the balance sheet date of all assets that are expected to be realized in cash, sold or consumed after one year or beyond the normal operating cycle, if longer.
Costco Wholesale Corp.’s other assets as a percentage of total assets decreased from Q3 2020 to Q4 2020 and from Q4 2020 to Q1 2021.