GURUFOCUS.COM » STOCK LIST » USA » OTCPK » FDCTech Inc (OTCPK:FDCT) » Definitions » Change In Working Capital
Switch to:

FDCTech (OTCPK:FDCT) Change In Working Capital

: $0.24 Mil (TTM As of Mar. 2023)
View and export this data going back to 2019. Start your Free Trial

FDCTech's change in working capital for the quarter that ended in Mar. 2023 was $0.07 Mil.

FDCTech's change in working capital for the fiscal year that ended in Dec. 2022 was $0.06 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).


FDCTech Change In Working Capital Historical Data

The historical data trend for FDCTech'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.

FDCTech Annual Data
Trend Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
Change In Working Capital
Premium Member Only 0.07 0.17 0.15 0.09 0.06

FDCTech Quarterly Data
Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23
Change In Working Capital Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only -0.12 0.26 -0.01 -0.07 0.07

FDCTech Change In Working Capital Calculation

Change In Working Capital for the trailing twelve months (TTM) ended in Mar. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was $0.24 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.


FDCTech Change In Working Capital Related Terms

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


FDCTech (OTCPK:FDCT) Business Description

FDCTech logo
Traded in Other Exchanges
N/A
Address
200 Spectrum Drive, Suite 300, Irvine, CA, USA, 92618
FDCTech Inc is an integrated forex and Cryptocurrency service provider. It provides cryptocurrency technology solutions and consulting services for OTC brokers and crypto exchange businesses. The company has three sources of revenue Consulting Services; Technology Solutions and Customized Software Development. Its product includes the CryptoWeb Trader Platform; Proprietary FX; Back Office and others. The company derives maximum revenue from Technology Solutions.
Executives
Mitchell M. Eaglstein director, 10 percent owner, officer: CEO 200 SPECTRUM DRIVE, SUITE 300, IRVINE CA 92618