Washington Trust Bancorp (Washington Trust Bancorp) Change In Working Capital : $-14.2 Mil (TTM As of Dec. 2023)

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What is Washington Trust Bancorp Change In Working Capital?

Washington Trust Bancorp's change in working capital for the quarter that ended in Dec. 2023 was $3.6 Mil.

Washington Trust Bancorp's change in working capital for the fiscal year that ended in Dec. 2023 was $-14.2 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).

Washington Trust Bancorp Change In Working Capital Historical Data

The historical data trend for Washington Trust Bancorp'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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Washington Trust Bancorp Change In Working Capital Chart

Washington Trust Bancorp Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Change In Working Capital

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3.73

-8.28

-0.69

3.35

-14.24

Washington Trust Bancorp 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															-5.04	-19.62	6.85	3.58	-

Washington Trust Bancorp Change In Working Capital Calculation

Change In Working Capital for the trailing twelve months (TTM) ended in Dec. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was $-14.2 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.

Washington Trust Bancorp Change In Working Capital Related Terms

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Washington Trust Bancorp (Washington Trust Bancorp) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » Washington Trust Bancorp Inc (NAS:WASH) » Definitions » Change In Working Capital

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Traded in Other Exchanges

WT1:Germany

Address

23 Broad Street, Westerly, RI, USA, 02891

Website

https://www.washtrust.com

Washington Trust Bancorp Inc through its subsidiaries offers banking and financial services to individuals and businesses. It operates in two segments. The Commercial Banking segment includes lending activities, commercial loans, residential real estate loan deposit activities, and others. The Wealth Management Services segment consists of investment management, financial planning, personal trust, and estate services including services as trustee, personal representative, custodian and guardian, and settlement of decedents' estates. The bank generates a majority of its revenue from the Commercial Banking segment.

Executives

Mary E. Noons	officer: SVP Retail Lending	37 WATCH HILL WAY, WAKEFIELD RI 02879
Rolando A Lora	officer: EVP and Chief Retail Lend Off	140 STOW RD., HARVARD MA 01451
Howes Constance A	director	253 FREEMAN PARKWAY, PROVIDENCE RI 02906
Edwin J Santos	director	234 MOURNING DOVE DRIVE, SAUNDERSTOWN RI 02874
Kristen L Disanto	officer: EVP Human Resources	23 BROAD STREET, WESTERLY RI 02891
Ronald S. Ohsberg	officer: EVP and Treasurer	33 BELLE ISLE WAY, CRANSTON RI 02921
Dennis L Algiere	officer: SVP Compliance & Comm Affairs
Jabbie Alimamy Dauda Jr.	director	16 TECUMSEH STREET, PROVIDENCE RI 02906
Joseph P. Gencarella	director	11 BLUEBILL AVE., APT. 604, NAPLES FL 34108
James M Hagerty	officer: EVP & Chief Lending Officer	180 NATICK AVENUE, WARWICK RI 02886
Joseph J Marcaurele	director, officer: Chairman and CEO	23 BROAD STREET, WESTERLY RI 02891
Lisa M. Stanton	director	17064 CROSSGATE DRIVE, JUPITER FL 33477
Wray William K. Sr.	officer: SVP Risk Management	71 CHURCH STREET, EAST GREENWICH RI 02818
Sandra Parrillo	director	3 ROBIN WAY, NORTH SMITHFIELD RI 02896
Katherine W Hoxsie	director