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Griffin Land & Nurseries Inc (NAS:GRIF)
Change In Working Capital
$-1.15 Mil (As of Aug. 2014)

Griffin Land & Nurseries Inc's change in working capital for the quarter that ended in Aug. 2014 was $-1.15 Mil. It means Griffin Land & Nurseries Inc's working capital declined by $1.15 Mil from May. 2014 to Aug. 2014 .

Griffin Land & Nurseries Inc's change in working capital for the fiscal year that ended in Nov. 2013 was $-1.16 Mil. It means Griffin Land & Nurseries Inc's working capital declined by $1.16 Mil from Nov. 2012 to Nov. 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.

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 EndedJanuary 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.

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


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.

Griffin Land & Nurseries Inc Annual Data

Nov04Nov05Nov06Nov07Nov08Nov09Nov10Nov11Nov12Nov13
ChangeInWorkingCapital -30.97-14.284.3212.889.944.439.47-0.400.27-1.16

Griffin Land & Nurseries Inc Quarterly Data

May12Aug12Nov12Feb13May13Aug13Nov13Feb14May14Aug14
ChangeInWorkingCapital -1.282.65-0.15-2.23-1.752.710.110.31-0.09-1.15
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