Bank of Nova Scotia (Bank of Nova Scotia) Change In Working Capital : $1,717 Mil (TTM As of Jan. 2024)

View and export this data going back to 1969. Start your Free Trial

What is Bank of Nova Scotia Change In Working Capital?

Bank of Nova Scotia's change in working capital for the quarter that ended in Jan. 2024 was $-1,155 Mil.

Bank of Nova Scotia's change in working capital for the fiscal year that ended in Oct. 2023 was $11,245 Mil.

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. Not by calculating the number changes in each periods' working capital (Total Current Assets minus Total Current Liabilities).

Bank of Nova Scotia Change In Working Capital Historical Data

The historical data trend for Bank of Nova Scotia's Change In Working Capital can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Bank of Nova Scotia Change In Working Capital Chart

Bank of Nova Scotia Annual Data

Trend

Oct14

Oct15

Oct16

Oct17

Oct18

Oct19

Oct20

Oct21

Oct22

Oct23

Change In Working Capital

Get a 7-Day Free Trial

-18,397.91

33,073.84

-21,058.39

2,238.29

11,244.90

Bank of Nova Scotia Quarterly Data
	Apr19	Jul19	Oct19	Jan20	Apr20	Jul20	Oct20	Jan21	Apr21	Jul21	Oct21	Jan22	Apr22	Jul22	Oct22	Jan23	Apr23	Jul23	Oct23	Jan24
Change In Working Capital	Get a 7-Day Free Trial															8,885.41	-12,597.89	14,449.32	1,021.00	-1,155.48

Bank of Nova Scotia Change In Working Capital Calculation

Change In Working Capital for the trailing twelve months (TTM) ended in Jan. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was $1,717 Mil.

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:
Receivables, net	(566)	(614)	(796)
Inventories	(1,667)	(2,759)	(3,727)
Accounts payable	531	1,061	2,687
Accrued liabilities	103	271	(935)
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 Nova Scotia Change In Working Capital Related Terms

Thank you for viewing the detailed overview of Bank of Nova Scotia's Change In Working Capital provided by GuruFocus.com. Please click on the following links to see related term pages.

Bank of Nova Scotia (Bank of Nova Scotia) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » Bank of Nova Scotia (NYSE:BNS) » Definitions » Change In Working Capital

Comparable Companies

Traded in Other Exchanges

BNSPF.PFD:USA BNS:Mexico BKN:Germany BKN:Germany BNS.PR.I.PFD:Canada BNS:Canada

Address

1709 Hollis Street, Scotia Plaza, 8th floor, Halifax, NS, CAN, B3J 1W1

Website

https://www.scotiabank.com

Bank of Nova Scotia is a global financial services provider. The bank has five business segments: Canadian banking, international banking, global wealth management, global banking and markets, and other. It offers a range of advice, products, and services, including personal and commercial banking, wealth management and private banking, corporate and investment banking, and capital markets. The bank's international operations span numerous countries and are more concentrated in Central and South America.