ProFrac Holding (ProFrac Holding) Change In Working Capital : $58 Mil (TTM As of Mar. 2024)

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What is ProFrac Holding Change In Working Capital?

ProFrac Holding's change in working capital for the quarter that ended in Mar. 2024 was $-24 Mil.

ProFrac Holding's change in working capital for the fiscal year that ended in Dec. 2023 was $130 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).

ProFrac Holding Change In Working Capital Historical Data

The historical data trend for ProFrac Holding'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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ProFrac Holding Change In Working Capital Chart

ProFrac Holding Annual Data

Trend

Dec20

Dec21

Dec22

Dec23

Change In Working Capital

-3.00

-64.50

-264.30

130.00

ProFrac Holding Quarterly Data
	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Change In Working Capital	Get a 7-Day Free Trial									48.10	44.10	27.30	10.50	-23.90

ProFrac Holding 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 $58 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.

ProFrac Holding Change In Working Capital Related Terms

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ProFrac Holding (ProFrac Holding) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » ProFrac Holding Corp (NAS:ACDC) » Definitions » Change In Working Capital

Comparable Companies

Traded in Other Exchanges

N/A

Address

333 Shops Boulevard, Suite 301, Willow Park, TX, USA, 76087

Website

https://www.profrac.com

ProFrac Holding Corp is engaged in providing hydraulic fracturing, completion services, and other complementary products and services to leading upstream oil and gas companies engaged in the exploration and production of North American unconventional oil and natural gas resources. Its operations are primarily focused in West Texas, East Texas/Louisiana, South Texas, Oklahoma, Uinta, and Appalachian. The company operates in three segments: stimulation services, manufacturing, and proppant production. Stimulation services, which generate the majority of the revenue for the company operate a fleet of mobile hydraulic fracturing units and other auxiliary equipment that generates revenue by providing stimulation services.

Executives

Thrc Holdings, Lp	director, 10 percent owner, other: Director by Deputization	17018 INTERSTATE 20, CISCO TX 76437
Farris Wilks	director, 10 percent owner, other: Director by Deputization	17018 INTERSTATE 20, CISCO TX 76437
Heather N Klein	officer: Chief Administrative Officer	C/O PROFRAC HOLDING CORP., 333 SHOPS BOULEVARD, SUITE 301, WILLOW PARK TX 76087
Robert J Willette	officer: Chief Legal Officer, Secretary	333 SHOPS BOULEVARD, SUITE 301, WILLOW PARK TX 76087
Matthew Wilks	director, officer: See Remarks	17010 IH-20, CISCO TX 76437
Johnathan Ladd Wilks	officer: Chief Executive Officer	17010 INTERSTATE 20, CISCO TX 76437
Phillip Blaine Wilbanks	officer: Chief Operating Officer	333 SHOPS BOULEVARD, SUITE 301, WILLOW PARK TX 76087
Matthew A Greenwood	officer: Chief Commercial Officer	C/O PROFRAC HOLDING CORP., 333 SHOPS BOULEVARD, SUITE 301, WILLOW PARK TX 76087
Sergei Krylov	director	6500 WEST FREEWAY, SUITE 800, FORT WORTH TX 76116
Stacy Durbin Nieuwoudt	director	20475 SH 249, SUITE 300, HOUSTON TX 77070
Gerald W Haddock	director	C/O ENSCO, 5847 SAN FELIPE, HOUSTON TX 77057
Theresa Glebocki	director	C/O TROPICANA ENTERTAINMENT INC., 8345 W. SUNSET ROAD, SUITE 200, LAS VEGAS NV 89113
Jo Ann Wilks	director, 10 percent owner, other: Director by Deputization	17018 IH-20, CISCO TX 76437
Farris & Jo Ann Wilks 2022 Family Trust	director, 10 percent owner, other: Director by Deputization	17018 IH-20, CISCO TX 76437
Randle James Coy Jr	officer: Chief Operating Officer	PO BOX 1966, PALESTINE TX 75802