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Devon Energy Corp (NYSE:DVN)
Change In Working Capital
$622 Mil (As of Jun. 2014)

Devon Energy Corp's change in working capital for the quarter that ended in Jun. 2014 was $622 Mil. It means Devon Energy Corp's working capital increased by $622 Mil from Mar. 2014 to Jun. 2014 .

Devon Energy Corp's change in working capital for the fiscal year that ended in Dec. 2013 was $-298 Mil. It means Devon Energy Corp's working capital declined by $298 Mil from Dec. 2012 to Dec. 2013 .


Definition

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.

Devon Energy Corp's Working Capital for the quarter that ended in Jun. 2014 is calculated as

Working Capital = Total Current Assets - Total Current Liabilities
= 4392 - 4679
= -287

* All numbers are in millions except for per share data and ratio. All numbers are in their own currency.

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.


Related Terms

Total Current Assets, Total Current Liabilities


Historical Data

* All numbers are in millions except for per share data and ratio. All numbers are in their own currency.

Devon Energy Corp Annual Data

Dec04Dec05Dec06Dec07Dec08Dec09Dec10Dec11Dec12Dec13
ChangeInWorkingCapital -639-199-596-207140-273185-50-298

Devon Energy Corp Quarterly Data

Mar12Jun12Sep12Dec12Mar13Jun13Sep13Dec13Mar14Jun14
ChangeInWorkingCapital -32133534-98-1583024-194-152622
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