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McGrath RentCorp's change in working capital for the quarter that ended in Dec. 2023 was $-91.1 Mil.
McGrath RentCorp's change in working capital for the fiscal year that ended in Dec. 2023 was $-85.5 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).
The historical data trend for McGrath RentCorp'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.
McGrath RentCorp Annual Data | |||||||||||||||||||||
Trend | Dec14 | Dec15 | Dec16 | Dec17 | Dec18 | Dec19 | Dec20 | Dec21 | Dec22 | Dec23 | |||||||||||
Change In Working Capital | Get a 7-Day Free Trial | 16.19 | -3.62 | -9.91 | -7.80 | -85.53 |
McGrath RentCorp 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 | Get a 7-Day Free Trial | -7.50 | 41.92 | -16.99 | -19.32 | -91.14 |
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 $-85.5 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.
* 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.
Thank you for viewing the detailed overview of McGrath RentCorp's Change In Working Capital provided by GuruFocus.com. Please click on the following links to see related term pages.
Trease Kristina Van | officer: VP & Division Manager | 5700 LAS POSITAS ROAD, LIVERMORE CA 94551 |
David M Whitney | officer: VP, Controller, PAO | 5700 LOS POSITAS ROAD, LIVERMORE CA 94551 |
Elizabeth A Fetter | director | 1400 MARINA WAY SOUTH, RICHMOND CA 94804 |
Philip B Hawkins | officer: VP & Division Manager | 5700 LAS POSITAS ROAD, LIVERMORE CA 94551 |
Tara Wescott | officer: Vice President Human Resources | C/O MCGRATH RENTCORP, 5700 LAS POSITAS ROAD, LIVERMORE CA 94551 |
John Lieffrig | officer: VP & Division Manager | C/O MCGRATH RENTCORP, 5700 LAS POSITAS ROAD, LIVERMORE CA 94551 |
John P Skenesky | officer: VP and Division Manager | 5700 LAS POSITAS ROAD, LIVERMORE CA 94551 |
Gilda Malek | officer: VP, Legal General Counsel | C/O MCGRATH RENTCORP, 5700 LAS POSITAS ROAD, LIVERMORE CA 94551 |
Dennis P Stradford | director | |
Kimberly Ann Box | director | 7157 TREELINE CT., GRANITE BAY CA 95746 |
Nicolas C Anderson | director | 3100 ZINFANDEL DRIVE, STE. 450, RANCHO CORDOVA CA 95670 |
Stuart Templeton Porter | officer: VP & Division Manager | C/O MCGRATH RENTCORP, 5700 LAS POSITAS ROAD, LIVERMORE CA 94551 |
Kay Dashner | officer: Senior Human Resources Advisor | 5700 LAS POSITAS ROAD, LIVERMORE CA 94551 |
Morris Richard Smith | director | 1225 17TH STREET, SUITE 1300, DENVER CO 80202 |
Smita Conjeevaram | director | 70 HERETOLD ROAD, BRONXVILLE NY 17708 |
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