CVR Energy (CVR Energy) Change In Working Capital

: $-305 Mil (TTM As of Dec. 2023)

View and export this data going back to 2007. Start your Free Trial

CVR Energy's change in working capital for the quarter that ended in Dec. 2023 was $-189 Mil.

CVR Energy's change in working capital for the fiscal year that ended in Dec. 2023 was $-305 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).

CVR Energy Change In Working Capital Historical Data

The historical data trend for CVR Energy'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.

CVR Energy Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Change In Working Capital

41.00

65.00

177.00

-38.00

-305.00

CVR Energy 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																-192.00	-60.00	75.00	-131.00	-189.00

CVR Energy 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 $-305 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.

CVR Energy Change In Working Capital Related Terms

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

CVR Energy (CVR Energy) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » CVR Energy Inc (NYSE:CVI) » Definitions » Change In Working Capital

Comparable Companies

Traded in Other Exchanges

FL9:Germany FL9:Germany

Address

2277 Plaza Drive, Suite 500, Sugar Land, TX, USA, 77479

Website

https://www.cvrenergy.com

CVR Energy Inc is a holding company that engages in petroleum refining and nitrogen fertilizer manufacturing through its holdings in CVR Refining LP and CVR Partners, LP. CVR Refining LP includes several complex full coking crude oil refineries, along with a crude oil gathering system, pipelines and storage tanks, and marketing and supply. The company's refineries can process blends of a variety of crude oil ranging from heavy sour to light sweet crude oil. Crude oil for CVR's refineries is supplied through its wholly-owned gathering system and pipeline. From its refineries, CVR supplies product through tanker trucks directly to customers located in close geographic proximity and customers at throughput terminals. The company's customers include retailers, railroads, and farm cooperatives.

Executives

Carl C Icahn	director, 10 percent owner	C/O ICAHN ENTERPRISES L.P., 16690 COLLINS AVE., PH-1, SUNNY ISLES BEACH FL 33160
Iep Energy Holding Llc	10 percent owner	16690 COLLINS AVENUE, PH-1, SUNNY ISLES BEACH FL 33160
Ted Papapostolou	director	16690 COLLINS AVE., SUITE PH-1, SUNNY ISLES BEACH FL 33160
Wright Michael H. Jr.	officer: EVP & Chief Operating Officer	CVR ENERGY, INC., 2277 PLAZA DRIVE, SUITE 500, SUGAR LAND TX 77479
Dane J. Neumann	officer: Interim CFO, VP-Fin.&Treasurer	2277 PLAZA DRIVE, SUITE 500, SUGAR LAND TX 77479
Jeffrey D. Conaway	officer: VP, CAO & Corp. Controller	2277 PLAZA DRIVE, SUITE 500, SUGAR LAND TX 77479
David Willetts	director	16690 COLLINS AVENUE - PH-1, SUNNY ISLES BEACH FL 33160
Kapiljeet Dargan	director	16690 COLLINS AVE., SUITE PH-1, SUNNY ISLES BEACH FL 33160
Charles Douglas Johnson	officer: EVP & Chief Commercial Officer	2277 PLAZA DR., SUITE 500, SUGAR LAND TX 77479
Jaffrey Adam Firestone	director	C/O CVR ENERGY, INC., 2277 PLAZA DRIVE, SUITE 500, SUGAR LAND TX 77479
David Lynn Landreth	officer: EVP Chief Commercial Officer	2277 PLAZA DRIVE, SUITE 500, SUGAR LAND TX 77479
Patricia A. Agnello	director	C/O ICAHN ENTERPRISES L.P., 16690 COLLINS AVE., PH, SUNNY ISLES FL 33160
Hunter Clark Gary	director	C/O ICAHN ENTERPRISES L.P., 16690 COLLINS AVE., PH, SUNNY ISLES FL 33160
Melissa M Buhrig	officer: EVP, General Counsel & Sec.	C/O CVR ENERGY, INC., 2277 PLAZA DRIVE, SUITE 500, SUGAR LAND TX 77479
Matthew W. Bley	officer: CAO and Corp. Controller	2277 PLAZA DRIVE, SUITE 500, SUGAR LAND TX 77479