Independent Bank Group (Independent Bank Group) Change In Working Capital : $32.4 Mil (TTM As of Mar. 2024)

View and export this data going back to 2013. Start your Free Trial

What is Independent Bank Group Change In Working Capital?

Independent Bank Group's change in working capital for the quarter that ended in Mar. 2024 was $10.0 Mil.

Independent Bank Group's change in working capital for the fiscal year that ended in Dec. 2023 was $98.0 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).

Independent Bank Group Change In Working Capital Historical Data

The historical data trend for Independent Bank Group'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.

Independent Bank Group Change In Working Capital Chart

Independent Bank Group Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Change In Working Capital

Get a 7-Day Free Trial

-27.04

-48.21

-14.27

-53.86

98.01

Independent Bank Group Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Change In Working Capital	Get a 7-Day Free Trial															75.63	27.92	-19.65	14.10	10.01

Independent Bank Group Change In Working Capital Calculation

Change In Working Capital for the trailing twelve months (TTM) ended in Mar. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was $32.4 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.

Independent Bank Group Change In Working Capital Related Terms

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

Independent Bank Group (Independent Bank Group) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » Independent Bank Group Inc (NAS:IBTX) » Definitions » Change In Working Capital

Comparable Companies

Traded in Other Exchanges

N/A

Address

7777 Henneman Way, McKinney, TX, USA, 75070-1711

Website

https://www.independent-bank.com

Independent Bank Group Inc is a bank holding company. It offers services such as checking and savings accounts, debit cards, online banking, including online account opening, mobile banking, eStatements and bank-by-mail and direct deposit services. The Company also offers business accounts and management services, including analyzed business checking, business savings, and treasury management services. The bank generates its revenue in the form of net interest income.

Executives

Janet P Froetscher	director	CBOE GLOBAL MARKETS, 433 W. VAN BUREN ST., CHICAGO IL 60607
Paul B Langdale	officer: EVP, Chief Financial Officer	7777 HENNEMAN WAY, MCKINNEY TX 75070
Brenda K Montgomery	officer: EVP, Chief Accounting Officer	7777 HENNEMAN WAY, MCKINNEY TX 75070
Michael B Hobbs	officer: EVP/ Chief Lending Officer	1331 17TH STREET, SUITE 200, DENVER CO 80202
Daniel W Brooks	director, officer: Vice Chairman and CRO	1600 REDBUD BOULEVARD, SUITE 400, MCKINNEY TX 75069
David R Brooks	director, officer: Chairman and CEO	1600 REDBUD BOULEVARD, SUITE 400, MCKINNEY TX 75069
William E Fair	director	1600 REDBUD BOULEVARD, SUITE 400, MCKINNEY TX 75069
James P Tippit	officer: EVP Corporate Responsibility	1600 REDBUD BOULEVARD, SUITE 400, MCKINNEY TX 75069
Jennings John Webb Iii	director	1980 POST OAK BOULEVARD, SUITE 2150, HOUSTON TX 77056
James C White	officer: EVP and COO	1600 REDBUD BOULEVARD, SUITE 400, MCKINNEY TX 75069
G Stacy Smith	director	300 CRESCENT COURT SUITE 1111, DALLAS TX 75201
Michelle S Hickox	officer: EVP and CFO	1600 REDBUD BOULEVARD, SUITE 400, MCKINNEY TX 75069
John G Turpen	officer: EVP, Chief Risk Officer	2000 MCKINNEY AVE, SUITE 700, DALLAS TX 75201
Paul Washington	director	1600 REDBUD BOULEVARD, SUITE 400, MCKINNEY TX 75069
Mark S Haynie	officer: EVP - General Counsel	1600 REDBUS BOULEVARD, SUITE 400, MCKINNEY TX 75069