Qorvo (NAS:QRVO) Change In Working Capital

: $-278 Mil (TTM As of Sep. 2022)

View and export this data going back to 2015. Start your Free Trial

Qorvo's change in working capital for the quarter that ended in Sep. 2022 was $-94 Mil.

Qorvo's change in working capital for the fiscal year that ended in Mar. 2022 was $-524 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).

Qorvo Change In Working Capital Historical Data

The historical data trend for Qorvo'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.

Qorvo Annual Data

Trend

Mar13

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Change In Working Capital

90.70

-96.08

78.65

-21.66

-523.80

Qorvo Quarterly Data
	Dec17	Mar18	Jun18	Sep18	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22
Change In Working Capital																-190.84	-264.31	-17.02	97.45	-94.26

Qorvo Change In Working Capital Calculation

Change In Working Capital for the trailing twelve months (TTM) ended in Sep. 2022 adds up the quarterly data reported by the company within the most recent 12 months, which was $-278 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.

Qorvo Change In Working Capital Related Terms

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

Qorvo (NAS:QRVO) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Semiconductors » Qorvo Inc (NAS:QRVO) » Definitions » Change In Working Capital

Comparable Companies

Traded in Other Exchanges

2QO:Germany Q1RV34:Brazil

Address

7628 Thorndike Road, Greensboro, NC, USA, 27409-9421

Website

http://www.qorvo.com

Qorvo represents the combined entity of RF Micro Devices and TriQuint Semiconductor, which merged with one another in January 2015. The company specializes in radio frequency filters, power amplifiers, and front-end modules used in many of the world's most advanced smartphones. Qorvo also has a suite of products sold into a variety of nonsmartphone end markets, such as wireless base stations, cable TV and networking equipment, and infrastructure and military applications.

Executives

Brown Grant	officer: VP of Treasury & Interim CFO	7628 THORNDIKE ROAD GREENSBORO NC 27409
Chesley Philip	officer: Pres. Infra & Defense	7628 THORNDIKE ROAD GREENSBORO NC 27409
Bruner Judy	director	C/O SANDISK CORPORATION 601 MCCARTHY BLVD. MILPITAS CA 95035
Fego Paul J	officer: VP, Global Operations	15 SECOR ROAD PO BOX 5226 BROOKFIELD CT 06804
Spradley Susan Louise	director	C/O NORTEL NETWORKS 8200 DIXIE ROAD STE 100 BRAMPTON ONTARIO A6 L6T 5PT
Murphy Mark J.	officer: Chief Financial Officer	DELPHI AUTOMOTIVE PLC 5725 DELPHI DRIVE TROY MI 48098
Harrison Gina	officer: VP and Corporate Controller	7628 THORNDIKE ROAD GREENSBORO NC 27409
Quinsey Ralph	director	C/O TRIQUINT SEMICONDUCTOR INC 2300 NE BROOKWOOD PKWY HILLSBORO OR 97124
Laber Michael J.	officer: VP and Corporate Controller	2300 NE BROOKWOOD PARKWAY HILLSBORO OR 97124
Buhaly Steven J	officer: CFO and Secretary	1195 NW LOMPTON DRIVE BEAVESTON OR 97006
Dileo Daniel A	director	C/O RF MICRO DEVICES 7628 THORNDIKE ROAD GREENSBORO NC 27409
Gibson C Scott	director	PMB 316, PO BOX 30,000 JACKSON WY 83002
Nelson Roderick	director	2300 NE BROOKWOOD PARKWAY HILLSBORO OR 97124
Ho David H Y	director	5500 WAYZATA BOULEVARD SUITE 600 GOLDEN VALLEY MN 55416
Wilkinson Walter H	director	C/O RF MICRO DEVICES, INC. 7628 THORNDIKE ROAD GREENSBORO NC 27409