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two (TWOA) Change In Working Capital : $0.87 Mil (TTM As of Dec. 2023)


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What is two Change In Working Capital?

two's change in working capital for the quarter that ended in Dec. 2023 was $0.29 Mil.

two's change in working capital for the fiscal year that ended in Dec. 2023 was $0.87 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).

two Change In Working Capital Historical Data

The historical data trend for two'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.

two Change In Working Capital Chart

two Annual Data
Trend Dec21 Dec22 Dec23
Change In Working Capital
-0.27 0.80 0.87

two Quarterly Data
Jan21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Change In Working Capital Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.23 0.10 -0.25 0.72 0.29

two 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 $0.87 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 EndedJanuary 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.

two Change In Working Capital Related Terms

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two (TWOA) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Financial Services » Diversified Financial Services » two (NYSE:TWOA) » Definitions » Change In Working Capital
Comparable Companies
PFTA KNSW CMCA CITE TGLO ESAC SHAP TGAA BYNO CHAA PBAJ SVMB SCRM CVII AAC GHIX ALCC AACT DWAC SAGA
Traded in Other Exchanges
N/A
Address
900 Kearny Street, Suite 610, San Francisco, CA, USA, 94133
Website
https://www.a-star.co
two is a blank check company.
Executives
Gloria Fu director 3485 N. PINES WAY, SUITE 110, WILSON WY 83014
Nicholas Boris Geeza officer: Chief Financial Officer 17 BEACH CLUB DRIVE, STATELINE NV 89449
Daniel J Hennessy 10 percent owner 10 SOUTH WACKER DRIVE, CHICAGO IL 60606
Milton Joseph Beck director 3485 N. PINES WAY SUITE 110, WILSON WY 83014
Jack Leeney director 3485 N. PINES WAY SUITE 110, WILSON WY 83014
Thomas D Hennessy director, 10 percent owner, officer: CEO 3485 N. PINES WAY SUITE 110, WILSON WY 83014
Adam Blake director 3485 N. PINES WAY, SUITE 110, WILSON WY 83014
Hc Proptech Partners Iii Llc 10 percent owner 3485 N. PINES WAY, SUITE 110, WILSON WY 83014
Hc Proptech Iii Llc 10 percent owner 3485 N. PINES WAY, SUITE 110, WILSON WY 22066
Troy Iii Steckenrider 10 percent owner, officer: Chief Financial Officer 16 FUNSTON AVE, SUITE A, SAN FRANCISCO CA 94129
Sponsor Two 10 percent owner 900 KEARNY ST STE 610, SAN FRANCISCO CT 94133
Kevin Hartz director, 10 percent owner, officer: Co-Chief Executive Officer C/O XOOM CORPORATION, 100 BUSH STREET, SUITE 300, SAN FRANCISCO CA 94104
Pierre Lamond director
Gautam Gupta 10 percent owner, officer: Co-Chief Executive Officer 16 FUNSTON, SUITE A, SAN FRANCISCO CA 94129
Michelle Gill director 16 FUNSTON AVENUE, SUITE A, THE PRESIDIO OF SAN FRANCISCO, SAN FRANCISCO CA 94129