ACP (abrdnome Credit Strategies Fund) Change In Working Capital: $1.29 Mil (TTM As of Apr. 2026)

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ACP abrdn Income Credit Strategies Fund ACP
48 GF Score
Price $4.95
GF Value $7.79
Valuation Significantly Undervalued
! 3 Warning Signs
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What is abrdnome Credit Strategies Fund Change In Working Capital?

abrdnome Credit Strategies Fund ACP -1.00% 48 Change In Working Capital is $1.29 Mil as of Apr. 2026. GuruFocus rates ACP with a GF Score™ of 48/100 and a GF Value™ of $7.79 (Significantly Undervalued). The stock has 3 warning signs investors should review.

abrdnome Credit Strategies Fund's change in working capital for the quarter that ended in Apr. 2026 was $2.19 Mil.

abrdnome Credit Strategies Fund's change in working capital for the fiscal year that ended in Oct. 2025 was $-3.22 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).


abrdnome Credit Strategies Fund Change In Working Capital Related Terms


abrdnome Credit Strategies Fund Change In Working Capital Historical Data

* Premium members only.

The historical data trend for abrdnome Credit Strategies Fund'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.

abrdnome Credit Strategies Fund Change In Working Capital Chart

abrdnome Credit Strategies Fund Annual Data
Trend Oct17 Oct18 Oct19 Oct20 Oct21 Oct22 Oct23 Oct24 Oct25
Change In Working Capital
Get a 7-Day Free Trial Premium Member Only -1.82 1.23 0.23 -3.92 -3.22

abrdnome Credit Strategies Fund Semi-Annual Data
Oct17 Apr18 Oct18 Apr19 Oct19 Apr20 Oct20 Apr21 Oct21 Apr22 Oct22 Apr23 Oct23 Apr24 Oct24 Apr25 Oct25 Apr26
Change In Working Capital Get a 7-Day Free Trial 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 -0.13 -3.80 -2.31 -0.90 2.19
ACP
48GF Score
abrdn Income Credit Strategies Fund ACP
Change In Working Capital is just one metric. See GF Score™, valuation, warning signs, and more.
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abrdnome Credit Strategies Fund Change In Working Capital Calculation

Change In Working Capital for the trailing twelve months (TTM) ended in Apr. 2026 adds up the semi-annually data reported by the company within the most recent 12 months, which was $1.29 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.

What does a Change In Working Capital of $1.29 Mil mean?
abrdnome Credit Strategies Fund (ACP) has a Change In Working Capital of $1.29 Mil as of Apr. 2026. Change in Working Capital is the difference between current assets less current liabilities between the current period and the past period. View historical data for abrdnome Credit Strategies Fund.
Is abrdnome Credit Strategies Fund's Change In Working Capital too high?
abrdnome Credit Strategies Fund's current Change In Working Capital is $1.29 Mil. Overall, abrdnome Credit Strategies Fund has a GF Score™ of 48/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does abrdnome Credit Strategies Fund's Change In Working Capital compare to NKX and MUJ?
abrdnome Credit Strategies Fund's Change In Working Capital of $1.29 Mil can be compared against companies in the Asset Management industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Change In Working Capital for an Asset Management company?
A good Change In Working Capital depends on the Asset Management industry context. However, Change In Working Capital should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Change In Working Capital mean?
A high Change In Working Capital can signal that a stock is expensive relative to its fundamentals. Change in Working Capital is the difference between current assets less current liabilities between the current period and the past period. View historical data for abrdnome Credit Strategies Fund. abrdnome Credit Strategies Fund's current Change In Working Capital is $1.29 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is abrdnome Credit Strategies Fund stock overvalued right now?
Based on GuruFocus' analysis, abrdnome Credit Strategies Fund (ACP) is currently considered Significantly Undervalued. The stock's GF Value™ is $7.79, compared to a current price of $4.95 — trading 36.5% below its estimated fair value. The current Change In Working Capital is $1.29 Mil. abrdnome Credit Strategies Fund's overall GF Score™ is 48/100 with 3 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Change In Working Capital calculated?
Change In Working Capital is calculated from a company's financial statements. For abrdnome Credit Strategies Fund (ACP), the current Change In Working Capital is $1.29 Mil as of Apr. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is abrdnome Credit Strategies Fund (ACP) Overvalued in 2026?

Based on GuruFocus' analysis, abrdnome Credit Strategies Fund stock appears to be undervalued. The current stock price of $4.95 is trading 36.5% below its estimated GF Value™ of $7.79. GuruFocus considers abrdnome Credit Strategies Fund to be Significantly Undervalued.

Key valuation signals for ACP:

  • Change In Working Capital: $1.29 Mil
  • GF Value™: $7.79 vs. price of $4.95 (36.5% below fair value)
  • GF Score™: 48/100 with 3 warning signs

No single metric tells the full story. See the ACP stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


abrdnome Credit Strategies Fund Business Description

Address 1900 Market Street, Suite 200, Philadelphia, PA, USA, 19103
abrdn Income Credit Strategies Fund is a diversified, closed-end management investment company. Its investment objective is to seek a high level of current income with a secondary objective of capital appreciation. It predominantly invests in debt and loan instruments of issues that operate in a variety of industries and geographic regions.
48GF Score

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Change In Working Capital is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

$4.95
Price
$7.79
GF Value