VGI PCL (BKK:VGI-R) Change In Working Capital: ฿-694 Mil (TTM As of Mar. 2026)

VGI PCL BKK:VGI-R 62 Change In Working Capital is ฿-694 Mil as of Mar. 2026. GuruFocus rates BKK:VGI-R with a GF Score™ of 62/100 and a GF Value™ of ฿1.00. The stock has 4 warning signs investors should review.

VGI PCL's change in working capital for the quarter that ended in Mar. 2026 was ฿-192 Mil.

VGI PCL's change in working capital for the fiscal year that ended in Mar. 2026 was ฿-694 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).

VGI PCL Change In Working Capital Related Terms

VGI PCL Change In Working Capital Historical Data

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The historical data trend for VGI PCL'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.

VGI PCL Change In Working Capital Chart

VGI PCL Annual Data

Trend

Mar17

Mar18

Mar19

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Mar26

Change In Working Capital

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-183.40

85.24

-593.86

-101.78

-693.78

VGI PCL Quarterly Data
	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24	Dec24	Mar25	Jun25	Sep25	Dec25	Mar26
Change In Working Capital	Get a 7-Day Free Trial															183.28	-163.28	20.98	-359.94	-191.53

62GF Score

VGI PCL BKK:VGI-R

Change In Working Capital is just one metric. See GF Score™, valuation, warning signs, and more.

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VGI PCL Change In Working Capital Calculation

Change In Working Capital for the trailing twelve months (TTM) ended in Mar. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was ฿-694 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.

Frequently Asked Questions Learn more about Change In Working Capital →

What does a Change In Working Capital of ฿-694 Mil mean?

VGI PCL (BKK:VGI-R) has a Change In Working Capital of ฿-694 Mil as of Mar. 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 VGI PCL.

Is VGI PCL's Change In Working Capital too high?

VGI PCL's current Change In Working Capital is ฿-694 Mil. Overall, VGI PCL has a GF Score™ of 62/100, reflecting its overall financial health beyond just this single metric.

How does VGI PCL's Change In Working Capital compare to HON and MMM?

VGI PCL's Change In Working Capital of ฿-694 Mil can be compared against companies in the Conglomerates 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 a Conglomerates company?

A good Change In Working Capital depends on the Conglomerates 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 VGI PCL. VGI PCL's current Change In Working Capital is ฿-694 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.

Is VGI PCL stock overvalued right now?

VGI PCL (BKK:VGI-R) has a current Change In Working Capital of ฿-694 Mil. The stock's GF Value™ is ฿1.00, compared to a current price of ฿0.83 — trading 17% below its estimated fair value. The current Change In Working Capital is ฿-694 Mil. VGI PCL's overall GF Score™ is 62/100 with 4 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 VGI PCL (BKK:VGI-R), the current Change In Working Capital is ฿-694 Mil as of Mar. 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 VGI PCL (BKK:VGI-R) Overvalued in 2026?

Based on GuruFocus' analysis, VGI PCL stock appears to be undervalued. The current stock price of ฿0.83 is trading 17% below its estimated GF Value™ of ฿1.00.

Key valuation signals for BKK:VGI-R:

Change In Working Capital: ฿-694 Mil
GF Value™: ฿1.00 vs. price of ฿0.83 (17% below fair value)
GF Score™: 62/100 with 4 warning signs

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

VGI PCL Business Description

Industry Industrials Conglomerates

Comparable Companies BKK:FORTH BKK:MBK BKK:TTA BKK:SUC BKK:PCC BKK:LOXLEY BKK:RABBIT BKK:UREKA BKK:ACC BKK:ETE ADX:IHC HON TSE:6501 TSE:8058 MMM TSE:8001 TSE:8031 TSE:5803 TSE:8002 TSE:8053

Other Exchanges VGI:Thailand

Address Phahonyothin Road, 1000/9, BTS Visionary Park - South Tower, 27th Floor, Chomphon Sub-district, Chatuchak District, Bangkok, THA, 10900

Website https://www.vgi.co.th

VGI PCL is principally engaged in the arrangement and provision of advertising services in BTS stations, inside BTS trains, on BTS train bodies, in office buildings, and other spaces and the rental at BTS stations.is organised into business units based on the services it provides, and there are four reportable segments as follows: the Transit segment, the Digital service segment, the Distribution segment, and the Other segment. The majority of the revenue is derived from the Transit segment, which provision of advertising services in BTS stations, inside BTS trains, on BTS train bodies, on BTS Column and the rental of retail space at BTS stations. Geographically, the company operates in Thailand.

62GF 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.

฿0.83

Price

฿1.00

GF Value

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