Shutterstock (Shutterstock) Change In Working Capital : $-23.5 Mil (TTM As of Dec. 2023)

View and export this data going back to 2012. Start your Free Trial

What is Shutterstock Change In Working Capital?

Shutterstock's change in working capital for the quarter that ended in Dec. 2023 was $5.8 Mil.

Shutterstock's change in working capital for the fiscal year that ended in Dec. 2023 was $-23.5 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).

Shutterstock Change In Working Capital Historical Data

The historical data trend for Shutterstock'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.

Shutterstock Change In Working Capital Chart

Shutterstock Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Change In Working Capital

Get a 7-Day Free Trial

11.75

20.04

41.17

-33.64

-23.48

Shutterstock 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															6.04	6.58	-13.47	-22.37	5.78

Shutterstock Change In Working Capital Calculation

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 $-23.5 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.

Shutterstock Change In Working Capital Related Terms

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

Shutterstock (Shutterstock) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Communication Services » Interactive Media » Shutterstock Inc (NYSE:SSTK) » Definitions » Change In Working Capital

Comparable Companies

Traded in Other Exchanges

S3T:Germany S3T:Germany

Address

350 Fifth Avenue, 20th Floor, New York, NY, USA, 10118

Website

https://www.shutterstock.com

Shutterstock Inc is a U.S.-based company that is engaged in the provision of digital content. The content segment, whose offerings include photographs, illustrations, vector art, video clips, and music tracks, generates almost all of the company's revenue. Shutterstock's digital content products are marketed under brands including Shutterstock, Bigstock, Offset, Shutterstock Music, and Shutterstock Editorial. Shutterstock is the company's flagship brand, and the majority of the company's sales are derived from the company's shutterstock.com website. The firm's customers include traditional enterprises, marketing agencies, and media organizations. Geographically, North America and Europe jointly account for the majority of the company's revenue.

Executives

Jonathan Oringer	director, 10 percent owner, officer: Chief Executive Officer	C/O SHUTTERSTOCK, INC., 350 FIFTH AVENUE, 21ST FLOOR, NEW YORK NY 10118
Steven Ciardiello	officer: Chief Accounting Officer	269 HANCE ROAD, FAIR HAVEN NJ 07704
John Caine	officer: Global Head of eCommerce	350 FIFTH AVE, 20TH FLOOR, NEW YORK NY 10118
Paul J. Hennessy	director	C/O SHUTTERSTOCK, INC., 350 FIFTH AVENUE, 21ST FLOOR, NEW YORK NY 10118
Deirdre Mary Bigley	director	109 INWOOD AVENUE, MONTCLAIR NJ 07043
Jarrod Yahes	officer: Chief Financial Officer	425 W. 53RD STREET, PH1, NEW YORK NY 10119
Peter Silvio	officer: Chief Technology Officer	C/O SHUTTERSTOCK, INC., 350 FIFTH AVENUE, 21ST FLOOR, NEW YORK NY 10118
Stan Pavlovsky	director, officer: Chief Executive Officer	3316 LINCOLN AVE NE, RENTON WA 98056
Thomas R Evans	director	11760 US HIGHWAY ONE, SUITE 200, NORTH PALM BEACH FL 33408
Alfonse L Upshaw	director	350 FIFTH AVENUE, 21ST FL, NEW YORK NY 10118
Abraham Moshe Muchnick	officer: Chief Product Officer	C/O SHUTTERSTOCK, INC., 350 FIFTH AVENUE, 21ST FLOOR, NEW YORK NY 10118
Rachna Bhasin	director	1855 GRIFFIN ROAD, B454, DANIA BEACH FL 33004
Martin Brodbeck	officer: Chief Technology Officer	26 BLAIR ROAD, ARMONK NY 10504
Louis Weiss	officer: Chief Marketing Officer	C/O VITAMIN SHOPPE, 2101 91ST STREET, NORTH BERGEN NJ 07047
Jeffrey Kane Weiser	officer: Chief Marketing Officer	314 S. GLENROY AVENUE, LOS ANGELES CA 90049