BK has been removed from your Stock Email Alerts list.
Please enter Portfolio Name for new portfolio.
Bank of New York Mellon Corp's change in working capital for the quarter that ended in Sep. 2014 was $-38 Mil. It means Bank of New York Mellon Corp's working capital declined by $38 Mil from Jun. 2014 to Sep. 2014 .
Bank of New York Mellon Corp's change in working capital for the fiscal year that ended in Dec. 2013 was $-4,425 Mil. It means Bank of New York Mellon Corp's working capital declined by $4,425 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.
Use Wal-Mart Stores Inc (Jan 2014, Annual Data) as an example: Source: Wal-Mart Stores Inc 2014-01-31 10-K from SEC
|Consolidated Statements of Cash Flows||Fiscal Years Ended||January 31,||(Amounts in millions)|
|Cash flows from operating activities:||2014||2013||2012|
|Changes in certain assets and liabilities, net of effects of acquisitions:|
|Accrued income taxes||(1,224)||981||994|
For 2014-01-31, add all the items under 2014 collum together, Change in Working Capital was (566) + (1,667) + 531 + 103 + (1,224) = $ (2,823) Mil.
Bank of New York Mellon Corp Annual Data
Bank of New York Mellon Corp Quarterly Data