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Sothebys's change in working capital for the quarter that ended in Sep. 2014 was $-171.9 Mil. It means Sothebys's working capital declined by $171.9 Mil from Jun. 2014 to Sep. 2014 .
Sothebys's change in working capital for the fiscal year that ended in Dec. 2013 was $42.0 Mil. It means Sothebys's working capital increased by $42.0 Mil from Dec. 2012 to Dec. 2013 .
Working Capital is a measure of a company's short term liquidity or its ability to cover short term liabilities. It is defined as the difference between a company's current assets and current liabilities.
Changes in Working Capital is reported in the cash flow statement since it is one of the major ways in which net income can differ from operating cash flow. It is calculated by adding the items under "Change in operating assets and liabilities" (may refer to a different name for different company) section in Cash Flow Statement.
Sothebys Annual Data
Sothebys Quarterly Data