SELECT id, `name`, primary_key, `key`, treemapgroup, name_cn, zacks_table_name, compare_key, compare_display_name from gurufocu_main.financial_definition where termpagedisplay=1 and `key` = 'ChangeInWorkingCapital' Rio2 (RIOFF) Change In Working Capital
GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Rio2 Ltd (OTCPK:RIOFF) » Definitions » Change In Working Capital

Rio2 (RIOFF) Change In Working Capital

: $2.19 Mil (TTM As of Sep. 2023)
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Rio2's change in working capital for the quarter that ended in Sep. 2023 was $0.90 Mil.

Rio2's change in working capital for the fiscal year that ended in Dec. 2022 was $-8.48 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).

Rio2 Change In Working Capital Historical Data

The historical data trend for Rio2'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.

Rio2 Annual Data
Trend Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
Change In Working Capital
Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 1.70 0.96 -2.30 -1.34 -8.48

Rio2 Quarterly Data
Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23
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 -0.11 -3.01 -0.89 5.19 0.90

Rio2 Change In Working Capital Calculation

Change In Working Capital for the trailing twelve months (TTM) ended in Sep. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was $2.19 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.

Rio2 Change In Working Capital Related Terms

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Rio2 (RIOFF) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Rio2 Ltd (OTCPK:RIOFF) » Definitions » Change In Working Capital
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Traded in Other Exchanges
1SB:Germany RIO:Canada
Address
355 Burrard Street, Suite 1000, The Marine Building, Vancouver, BC, CAN, V6C 2G8
Website
https://www.rio2.com
Rio2 Ltd is a mining company with a focus on development and mining operations. It focuses on taking its Fenix Gold Project in Chile to production in the shortest possible timeframe based on a staged development strategy. In addition to the Fenix Gold Project in development in Chile. The Company has four operating segments in four geographic areas which is the corporate office in Canada, the financing of the Fenix Gold Project in the Bahamas the support of the Fenix Gold Project in Peru, and the development of the Fenix Gold Project in Chile.

Rio2 (RIOFF) Headlines

From GuruFocus

Rio2 Secures Environmental Approval for Fenix Gold Project

By GlobeNewswire • 12-20-2023

Rio2 Limited Issues Shares In Lieu of Salaries

By GlobeNewswire • 10-06-2023

Rio2 Prices C$25 Million Marketed Public Offering and US$5 Million Non-Brokered Private Placement

By GlobeNewswire GlobeNewswire • 07-22-2021

Rio2 Limited Gets Approval for Issuing Shares in Lieu of Salaries

By GlobeNewswire GlobeNewswire • 03-27-2023