Spanish Broadcasting System (Spanish Broadcasting System) Change In Working Capital : $2.6 Mil (TTM As of Mar. 2021)

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What is Spanish Broadcasting System Change In Working Capital?

Spanish Broadcasting System's change in working capital for the quarter that ended in Mar. 2021 was $13.9 Mil.

Spanish Broadcasting System's change in working capital for the fiscal year that ended in Dec. 2020 was $-8.4 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).

Spanish Broadcasting System Change In Working Capital Historical Data

The historical data trend for Spanish Broadcasting System'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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Spanish Broadcasting System Change In Working Capital Chart

Spanish Broadcasting System Annual Data

Trend

Dec11

Dec12

Dec13

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Change In Working Capital

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-3.70

-0.08

-2.94

-7.87

-8.40

Spanish Broadcasting System Quarterly Data
	Jun16	Sep16	Dec16	Mar17	Jun17	Sep17	Dec17	Mar18	Jun18	Sep18	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21
Change In Working Capital	Get a 7-Day Free Trial															2.85	8.15	-2.85	-16.55	13.88

Spanish Broadcasting System Change In Working Capital Calculation

Change In Working Capital for the trailing twelve months (TTM) ended in Mar. 2021 adds up the quarterly data reported by the company within the most recent 12 months, which was $2.6 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.

Spanish Broadcasting System Change In Working Capital Related Terms

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Spanish Broadcasting System (Spanish Broadcasting System) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Communication Services » Media - Diversified » Spanish Broadcasting System Inc (OTCPK:SBSAA) » Definitions » Change In Working Capital

Comparable Companies

Traded in Other Exchanges

N/A

Address

7007 NorthWest 77th Avenue, Miami, FL, USA, 33166

Website

https://www.spanishbroadcasting.com

Spanish Broadcasting System Inc is a Spanish language media and entertainment company with radio and television stations in the United States Hispanic markets, including Puerto Rico. The company produces and distributes Spanish language content, including radio programs, television shows, music and live entertainment through its multi-media platforms. It operates in two reportable segments, namely Radio and Television. The company owns and operates radio stations located in Los Angeles, New York, Puerto Rico, Chicago, Miami and San Francisco. Its television stations and related affiliates operate under MegaTV. In addition, it also provides multiple Spanish and bilingual websites that provide content related to Latin music, entertainment, news, and culture.

Executives

Jose I. Molina	officer: Chief Financial Officer	C/O 7007 NW 77TH AVENUE MIAMI FL 33166
Richard D. Lara	officer: See Remarks	7007 NW 77TH AVENUE MIAMI FL 33166
Raul Alarcon	director, 10 percent owner, officer: Chairman, CEO & President	7007 N.W. 77TH AVENUE MIAMI FL 33166
Jason L Shrinsk	director
Joseph A Garcia	director, officer: CFO, SR. EVP	3191 CORAL WAY MIAMI FL 33145
Jose Antonio Villamil	director	2601 SOUTH BAYSHORE DRIVE, PH II, COCONUT GROVE FL 33133
A. Yelen Mitchell	director	C/O SPANISH BROADCASTING SYSTEM, INC., 2601 S. BAYSHORE DR. PH2 COCONUT GROVE FL 33133
Manuel E. Machado	director	C/O SPANISH BROADCASTING SYSTEM, INC. 2601 S. BAYSHORE DRIVE, PHII COCONUT GROVE FL 33133
Alberto Rodriguez	officer: Chief Revenue Officer of SBS	C/O 2601 S. BAYSHORE DRIVE PHII COCONUT GROVE FL 33133
Melanie Montenegro	other: EVP & General Counsel	C/O SPANISH BROADCASTING SYSTEM, INC. 2601 S. BAYSHORE DRIVE, PHII FL 33133
Marko Radlovic	officer: Chief Revenue Officer
Antonio S Fernandez	director	2601 S BAYSHORE DRIVE MIAMI FL 33133
Frank Flores	officer: Chief Revenue Officer	C/O SPANISH BROADCASTING SYSTEM, INC. PH II COCONUT GROVE FL 33133
Cynthia Hudson-fernandez	officer: Chief Creative Officer & EVP	C/O SPANISH BROADCASTING SYSTEM, INC. 2601 S. BAYSHORE DRIVE, PH II COCONUT GROVE FL 33133
Dan Mason	director	C/O SPANISH BROADCASTING SYSTEM INC 2801 SOUTH BAYSHORE DR PENTHOUSE #2 COCONUT GROVE FL 33133