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MWI Veterinary Supply Inc (NAS:MWIV)
Change In Working Capital
$-19 Mil (As of Mar. 2014)

MWI Veterinary Supply Inc's change in working capital for the quarter that ended in Mar. 2014 was $-19 Mil. It means MWI Veterinary Supply Inc's working capital declined by $19 Mil from Dec. 2013 to Mar. 2014 .

MWI Veterinary Supply Inc's change in working capital for the fiscal year that ended in Sep. 2013 was $-19 Mil. It means MWI Veterinary Supply Inc's working capital declined by $19 Mil from Sep. 2012 to Sep. 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.

MWI Veterinary Supply Inc's Working Capital for the quarter that ended in Mar. 2014 is calculated as

Working Capital = Total Current Assets - Total Current Liabilities
= 812.049 - 506.114
= 306

* 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.

MWI Veterinary Supply Inc Annual Data

Sep04Sep05Sep06Sep07Sep08Sep09Sep10Sep11Sep12Sep13
ChangeInWorkingCapital -22-16-23-3-12-15-17-15-50-19

MWI Veterinary Supply Inc Quarterly Data

Dec11Mar12Jun12Sep12Dec12Mar13Jun13Sep13Dec13Mar14
ChangeInWorkingCapital -9-27-8-7-4-2834-20-32-19
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