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World Acceptance Corporation (NAS:WRLD)
Change In Working Capital
$3.1 Mil (As of Dec. 2013)

World Acceptance Corporation's change in working capital for the quarter that ended in Dec. 2013 was $3.1 Mil. It means World Acceptance Corporation's working capital increased by $3.1 Mil from Sep. 2013 to Dec. 2013 .

World Acceptance Corporation's change in working capital for the fiscal year that ended in Mar. 2013 was $5.0 Mil. It means World Acceptance Corporation's working capital increased by $5.0 Mil from Mar. 2012 to Mar. 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.

World Acceptance Corporation's Working Capital for the quarter that ended in Dec. 2013 is calculated as

Working Capital = Total Current Assets - Total Current Liabilities
= 0 - 0
= 0.0

* 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.

World Acceptance Corporation Annual Data

Mar04Mar05Mar06Mar07Mar08Mar09Mar10Mar11Mar12Mar13
ChangeInWorkingCapital 4.410.11.41.34.5-5.25.2-1.10.45.0

World Acceptance Corporation Quarterly Data

Sep11Dec11Mar12Jun12Sep12Dec12Mar13Jun13Sep13Dec13
ChangeInWorkingCapital -6.7-4.18.2-2.0-6.21.511.7-1.4-9.73.1
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