PROG Holdings (PROG Holdings) Change In Working Capital : $-1,881 Mil (TTM As of Mar. 2024)

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What is PROG Holdings Change In Working Capital?

PROG Holdings's change in working capital for the quarter that ended in Mar. 2024 was $-415 Mil.

PROG Holdings's change in working capital for the fiscal year that ended in Dec. 2023 was $-1,872 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).

PROG Holdings Change In Working Capital Historical Data

The historical data trend for PROG Holdings'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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PROG Holdings Change In Working Capital Chart

PROG Holdings Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Change In Working Capital

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-2,348.24

-2,499.98

-2,123.77

-2,074.94

-1,872.13

PROG Holdings Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Change In Working Capital	Get a 7-Day Free Trial															-406.20	-458.20	-422.86	-584.88	-414.73

PROG Holdings Change In Working Capital Calculation

Change In Working Capital for the trailing twelve months (TTM) ended in Mar. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was $-1,881 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.

PROG Holdings Change In Working Capital Related Terms

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PROG Holdings (PROG Holdings) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Business Services » PROG Holdings Inc (NYSE:PRG) » Definitions » Change In Working Capital

Comparable Companies

Traded in Other Exchanges

AZD:Germany

Address

256 West Data Drive, Draper, UT, USA, 84020-2315

Website

https://www.progholdings.com

PROG Holdings Inc is a financial technology holding company that provides transparent and competitive payment options to consumers. The Company has two reportable segments: (i) Progressive Leasing, an in-store, app-based, and e-commerce point-of-sale lease-to-own solutions provider; and (ii) Vive Financial (Vive), an omnichannel provider of second-look revolving credit products. The majority of the revenue of the company is earned through the progressive leasing segment.

Executives

Michael Todd King	officer: Chief Legal and Compliance Off	256 WEST DATA DRIVE, DRAPER UT 84020
Thomas Eugene Vin Iv	officer: General Counsel and Corp Sec	632 NORTH TARA COURT, WHICHITA KS 67206
Brian Garner	officer: Chief Financial Officer	256 WEST DATA DR, DRAPER UT 84020
Curtis Linn Doman	director, officer: Chief Innovation Officer-PROG	256 DATA DR, DRAPER UT 84020
Steven A Michaels	director, officer: CEO	256 DATA DR, DRAPER UT 84020
Ramon Michael Martinez	director	256 WEST DATA DRIVE, DRAPER UT 84020
Caroline Sio-chin Sheu	director	256 WEST DATA DRIVE, DRAPER UT 84020
Douglas C Curling	director	1000 ALDERMAN DRIVE, ALPHARETTA GA 30005
Ray M Robinson	director	1170 PEACHTREE STREET NE, SUITE 2300, ATLANTA GA 30309
Kathy T Betty	director	309 E. PACES FERRY ROAD, ATLANTA GA 30305
Cynthia N Day	director	75 PIEDMONT AVE, ATLANTA GA 30303
James P. Smith	director	256 WEST DATA DRIVE, DRAPER UT 84020
George M Sewell	officer: Principal Acct Off, VP Fin Rep	256 WEST DATA DR, DRAPER UT 84020
Blake Wakefield	officer: President, Chief Revenue Off	256 WEST DATA DR, DRAPER UT 84020
Marvin A Fentress	officer: General Counsel, Corp Sec	256 WEST DATA DR, DRAPER UT 84020