Ocean Bio-Chem (Ocean Bio-Chem) Change In Working Capital : $-7.48 Mil (TTM As of Jun. 2022)

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What is Ocean Bio-Chem Change In Working Capital?

Ocean Bio-Chem's change in working capital for the quarter that ended in Jun. 2022 was $-5.10 Mil.

Ocean Bio-Chem's change in working capital for the fiscal year that ended in Dec. 2021 was $-5.10 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).

Ocean Bio-Chem Change In Working Capital Historical Data

The historical data trend for Ocean Bio-Chem'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.

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Ocean Bio-Chem Change In Working Capital Chart

Ocean Bio-Chem Annual Data

Trend

Dec12

Dec13

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Change In Working Capital

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-1.10

-3.25

0.93

-5.07

-5.10

Ocean Bio-Chem Quarterly Data
	Sep17	Dec17	Mar18	Jun18	Sep18	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22
Change In Working Capital	Get a 7-Day Free Trial															-3.85	-3.84	3.65	-2.20	-5.10

Ocean Bio-Chem Change In Working Capital Calculation

Change In Working Capital for the trailing twelve months (TTM) ended in Jun. 2022 adds up the quarterly data reported by the company within the most recent 12 months, which was $-7.48 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.

Ocean Bio-Chem Change In Working Capital Related Terms

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Ocean Bio-Chem (Ocean Bio-Chem) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Conglomerates » Ocean Bio-Chem Inc (NAS:OBCI) » Definitions » Change In Working Capital

Comparable Companies

Traded in Other Exchanges

N/A

Address

4041 SW 47 Avenue, Fort Lauderdale, FL, USA, 33314

Website

https://www.obci.co

Ocean Bio-Chem Inc is engaged in the manufacturing, marketing, and distribution of a broad line of appearance, performance and maintenance products for the marine, automotive, power sports, recreational vehicle, home care and outdoor power equipment markets, under the Star brite and Star Tron brand names. It sells these products within the USA and Canada. The company produces private label formulations of many of its products for various customers and provide custom blending and packaging services for these and other products. It also manufactures, markets and distributes chlorine dioxide-based deodorizing disinfectant, and sanitizing products under the Star brite and Performacide brand names, utilizing a patented delivery system for use with products containing chlorine dioxide.

Executives

Peter G Dorau	director, officer: President-CEO	1601 SE 10 STREET FORT LAUDERDALE FL 3316
Gregor M Dornau	officer: Vice President	1305 MANDARIN ISLE FORT LAUDERDALE FL 33315
William Dudman	officer: Vice President - Operations	6040 SW 15 STREET PLANTATION FL 33317
John B Turner	director	16101 SW 156 AVENUE MIAMI FL 33186
Jeffrey Barocas	director, officer: Chief FInancial Officer	4041 SW 47TH AVE, FT LAUDERDALE FL 33314
Diana Conard	director	4041 SW 47TH AVE FORT LAUDERDALE FL 33314
Kim Krause	director	4041 SW 47TH AVENUE FORT LAUDERDALE FL 33314
James M Kolisch	director
Peter Dornau Family, Llc	other: Trust	4041 SW 47TH AVE FT. LAUDERDALE FL 33314
Edward Anchel	director, officer: Vice President-CFO	7566 VIA GRANDE BOYNTON BEACH FL 33437
Anca Vague	other: Controller - Financial Reptg.	1505 N RIVERSIDE DRIVE APT.302 POMPANO BEACH FL 33062
Lindsey George W Jr	officer: Vice President	1833 WASHINGTON STREET HOLLYWOOD FL 33319
Sonia B Beard	director	1708 SHORE DR MERRITT ISLAND FL 32952
Laz L Schneider	director	2525 NE 26 TERRACE FORT LAUDERDALE FL 33305
Jeffrey Tieger	director, officer: Vice President	10180 SW 4 STREET PLANTATION FL 33314