Long-term liabilities, or non-current liabilities, are liabilities that are due beyond a year or the normal operation period of the company.[1][better source needed] The normal operation period is the amount of time it takes for a company to turn inventory into cash.[2] On a classified balance sheet, liabilities are separated between current and long-term liabilities to help users assess the company's financial standing in short-term and long-term periods. Long-term liabilities give users more information about the long-term prosperity of the company,[3][better source needed] while current liabilities inform the user of debt that the company owes in the current period. On a balance sheet, accounts are listed in order of liquidity, so long-term liabilities come after current liabilities.