Current ratio

no they are not used in current ratio, they r always ignored ,the logic behind ignoring is firm donot have  access to this funds as and when they requires ,they donot provide any cushion to payables of the organisation and hence ignored by bankers or credit managers generally

it is consider in C.A ratio

also check view of others

It should be included in computation of current ratio if it is realizable.

current ratio is used to calculate the available assets to the liabilities

For example, if WXY Company's current assets are Rs.50,000,000 and its current liabilities are Rs.40,000,000, then its current ratio would be Rs.50,000,000 divided by Rs.40,000,000, which equals 1.25. It means that for every Ruppe the company owes in the short term it has Rs.1.25 available in assets that can be converted to cash in the short term.

It does not relate with its immideate encashability.

if your asking from bankers point of view it is not.....anyways lets wait for others opinion

is my opinion ri8 if not from banker's point of view???

i think no...coz it is normally not included strictly speaking frm practical point of view...plzz dnt ask frm our books angle..coz i dont knw much hehhe

i hav linked my example from wikipedia and u r saying dont relate with books..

i dont have idea regarding your example dude...its just an extract from net so i cnt say much let others give opinion