Cogent Communications Holdings (Cogent Communications Holdings) Change In Working Capital

: $-12.1 Mil (TTM As of Dec. 2023)

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Cogent Communications Holdings's change in working capital for the quarter that ended in Dec. 2023 was $-54.5 Mil.

Cogent Communications Holdings's change in working capital for the fiscal year that ended in Dec. 2023 was $-12.1 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).

Cogent Communications Holdings Change In Working Capital Historical Data

The historical data trend for Cogent Communications Holdings'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.

Cogent Communications Holdings Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Change In Working Capital

1.25

-9.63

11.22

53.20

-12.06

Cogent Communications Holdings Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Change In Working Capital																-3.38	-2.67	91.67	-46.57	-54.50

Cogent Communications Holdings Change In Working Capital Calculation

Change In Working Capital for the trailing twelve months (TTM) ended in Dec. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was $-12.1 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.

Cogent Communications Holdings Change In Working Capital Related Terms

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Cogent Communications Holdings (Cogent Communications Holdings) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Communication Services » Telecommunication Services » Cogent Communications Holdings Inc (NAS:CCOI) » Definitions » Change In Working Capital

Comparable Companies

Traded in Other Exchanges

OGM1:Germany

Address

2450 N Street North West, Washington, DC, USA, 20037

Website

https://www.cogentco.com

Cogent carries over one fifth of the world's internet traffic over its network and is a broadband provider for businesses. Cogent's corporate customers are in high-rise office buildings; the firm provides them with two types of connections: dedicated internet access, which connects them to the internet, and virtual private networking, which offers an internal network for employees in different locations. Cogent's corporate customers are exclusively in North America and account for over half of the firm's revenue. Cogent's netcentric customers include internet service providers and content providers, to which Cogent provides internet transit. They hand traffic to Cogent in data centers and rely on Cogent to deliver it. About half of netcentric revenue is from outside the U.S.

Executives

John B. Chang	officer: VP & CHIEF LEGAL OFFICER	2450 N ST NW, 4TH FLOOR, WASHINGTON DC 20037
Dave Schaeffer	director, 10 percent owner, officer: Chairman, President & CEO	C/O COGENT COMMUNICATIONS HOLDINGS, INC., 2450 N ST NW, 4TH FLOOR, WASHINGTON DC 20037
Henry W Kilmer	officer: VP of IP Engineering	C/O COGENT COMMUNICATIONS HOLDINGS, INC., 2450 N ST NW, 4TH FLOOR, WASHINGTON DC 20037
James Bubeck	officer: Chief Revenue Officer	2450 N STREET NW, WASHINGTON DC 20037
Thaddeus Gerard Weed	officer: VP, Controller	COGENT COMMUNICATIONS HOLDINGS, INC., 2450 N ST NW, 4TH FLOOR, WASHINGTON DC 20037
Lewis H Ferguson	director	8717 BURDETTE ROAD, BETHESDA MD 20817
Sheryl Lynn Kennedy	director	C/O COGENT COMMUNICATIONS HOLDINGS, INC., 2450 N STREET, N.W., WASHINGTON DC 20037
Blake Bath	director	1010 WISCONSIN AVENUE, SUITE 600, WASHINGTON DC 20007
Marc Montagner	other: director nominee	C/O ENDURANCE INT'L GROUP HOLDINGS, INC., 10 CORPORATE DRIVE, SUITE 300, BURLINGTON MA 01803
David Allen Kapp	officer: VP & CHIEF TECHNICAL OFFICER	C/O COGENT COMMUNICATIONS HOLDINGS, INC., 2450 N STREET, N.W., WASHINGTON DC 20037
Jeffrey S Danielson	officer: VP Infrastructure	C/O COGENT COMMUNICATIONS HOLDINGS, INC., 2450 N STREET, N.W., WASHINGTON DC 20037
Steven D Brooks	director	C/O COGENT COMMUNICATIONS HOLDINGS, INC., 2450 N ST NW, 4TH FLOOR, WASHINGTON DC 20037
Greg W O'connor	officer: VP, CHIEF OPERATING OFFICER	C/O COGENT COMMUNICATIONS HOLDINGS, INC., 2450 N STREET, N.W., WASHINGTON DC 20037
Eve N Howard	director	C/O COGENT COMMUNICATIONS HOLDINGS, INC., 2450 N STREET, N.W., WASHINGTON DC 20037
Sa Paul De	director	C/O COGENT COMMUNICATIONS HOLDINGS, INC., 2450 N STREET, N.W., WASHINGTON DC 20037