Definitions for "Other current liabilities"
A balance sheet line to report short-term liabilities that are too insignificant to be identified separately. To Top
Balance Sheet account. Various other Liabilities payable within one year.
Other current liabilities include short-term loans other than bank loans, accounts payable, the current portion of long term debt, advances and prepayments due to affiliates, and other current liabilities. This item is calculated as total current liabilities - current bank loans.