Electro Rent (Electro Rent) Change In Working Capital

: $-1.8 Mil (TTM As of Feb. 2016)

View and export this data going back to 1990. Start your Free Trial

Electro Rent's change in working capital for the quarter that ended in Feb. 2016 was $-2.7 Mil.

Electro Rent's change in working capital for the fiscal year that ended in May. 2015 was $-4.1 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).

Electro Rent Change In Working Capital Historical Data

The historical data trend for Electro Rent'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.

Electro Rent Annual Data

Trend

May06

May07

May08

May09

May10

May11

May12

May13

May14

May15

Change In Working Capital

-16.76

-9.42

4.37

-9.57

-4.12

Electro Rent Quarterly Data
	May11	Aug11	Nov11	Feb12	May12	Aug12	Nov12	Feb13	May13	Aug13	Nov13	Feb14	May14	Aug14	Nov14	Feb15	May15	Aug15	Nov15	Feb16
Change In Working Capital																-3.61	4.89	3.12	-7.10	-2.74

Electro Rent Change In Working Capital Calculation

Change In Working Capital for the trailing twelve months (TTM) ended in Feb. 2016 adds up the quarterly data reported by the company within the most recent 12 months, which was $-1.8 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.

Electro Rent Change In Working Capital Related Terms

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

Electro Rent (Electro Rent) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Business Services » Electro Rent Corp (NAS:ELRC) » Definitions » Change In Working Capital

Comparable Companies

Traded in Other Exchanges

N/A

Address

Website

http://www.electrorent.com

Electro Rent Corp was incorporated in California in 1965 and became a publicly held corporation in 1980. The Company rental, lease and sells of new and used electronic test and measurement equipment. The Company purchases that equipment from manufacturers such as Agilent and Tektronix primarily for use by its customers in the aerospace, telecommunications, defense, electronics, industrial and semiconductor industries. The Company data products division provides personal computers and servers from manufacturers including Dell, HP/Compaq, IBM, Toshiba and Apple. It has also expanded its rental, lease and sale of electrical test and inspection equipment used in the industrial industry, which includes electrical contractors and utility companies and their related support services providers. The Company's competitors in the North American T&M rental area include McGrath Rent Corp., Continental Resources, Test Equity and Microlease PLC. It competes for rental business with Microlease plc and Livingston Group Ltd. in Europe and Orix Corporation in Asia.

Executives

James S Pignatelli	director	2300 E SLINGSHOT WAY, KAMAS UT 84036
Theodore E Guth	director	6060 SEPULVEDA BOULEVARD, VAN NUYS CA 91411
Joseph J Kearns	director	C/O ELECTRO RENT CORP, 6060 SEPULVEDA BLVD, VAN NUYS CA 91411
Platinum Equity Llc	10 percent owner	360 NORTH CRESCENT DRIVE, BEVERLY HILLS CA 90210
Tom Gores	10 percent owner	C/O PLATINUM EQUITY, 360 NORTH CRESCENT DRIVE, SOUTH BUILDING, BEVERLY HILLS CA 90210
Platinum Equity Investment Holdings Iii, Llc	10 percent owner	C/O PLATINUM EQUITY ADVISORS, LLC, 360 NORTH CRESCENT DRIVE, SOUTH BUILDING, BEVERLY HILLS CA 90210
Platinum Equity Partners Iii, Llc	10 percent owner	C/O PLATINUM EQUITY ADVISORS, LLC, 360 NORTH CRESCENT DRIVE, SOUTH BUILDING, BEVERLY HILLS CA 90210
S Lee Kling	director	1401 S BRENTWOOD BLVD, ST LOUIS MO 63144

Electro Rent (Electro Rent) Headlines

From GuruFocus

Electro Rent Corp. Reports Operating Results (10-Q)

By gurufocus • 04-03-2009

John Rogers Increases Stake in Toy-Maker Mattel

By Samira Meskini Samira Meskini • 01-04-2016

Electro Rent: Borrowing to Pay Special Dividend Raises Concerns

By Mark Lin Mark Lin • 01-29-2013

8 Stocks Providing Positive Feedback with Higher Dividends

By Dividends4Life Dividends4Life • 06-06-2011

Electro Rent Corp. Reports Operating Results for Fiscal Quarter Ended on 2008-11-30

By gurufocus • 12-24-2008

Small Cap Dividend Stocks (Predictability > 3.5)

By onlylf2 onlylf2 • 10-15-2014