Banco Daycoval S.A. (BSP:DAYC3) Change In Working Capital: R$-217.59 Mil (TTM As of Jun. 2016)

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What is Banco Daycoval S.A. Change In Working Capital?

Banco Daycoval S.A. BSP:DAYC3 Change In Working Capital is R$-217.59 Mil as of Jun. 2016. The stock has 3 warning signs investors should review.

Banco Daycoval S.A.'s change in working capital for the quarter that ended in Jun. 2016 was R$566.98 Mil.

Banco Daycoval S.A.'s change in working capital for the fiscal year that ended in Dec. 2015 was R$-378.13 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).

Banco Daycoval S.A. Change In Working Capital Related Terms

Banco Daycoval S.A. Change In Working Capital Historical Data

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The historical data trend for Banco Daycoval S.A.'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.

Banco Daycoval S.A. Change In Working Capital Chart

Banco Daycoval S.A. Annual Data
Trend Dec06 Dec07 Dec08 Dec09 Dec10 Dec11 Dec12 Dec13 Dec14 Dec15
Change In Working Capital
Get a 7-Day Free Trial Premium Member Only Premium Member Only 13.34 -10.95 -2,173.18 -2,415.14 -378.13

Banco Daycoval S.A. Quarterly Data
Sep11 Dec11 Mar12 Jun12 Sep12 Dec12 Mar13 Jun13 Sep13 Dec13 Mar14 Jun14 Sep14 Dec14 Mar15 Jun15 Sep15 Dec15 Mar16 Jun16
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 Premium Member Only Premium Member Only 1,656.93 235.94 -1,481.19 460.68 566.98

Banco Daycoval S.A. Change In Working Capital Calculation

Change In Working Capital for the trailing twelve months (TTM) ended in Jun. 2016 adds up the quarterly data reported by the company within the most recent 12 months, which was R$-217.59 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 R$-217.59 Mil mean?
Banco Daycoval S.A. (BSP:DAYC3) has a Change In Working Capital of R$-217.59 Mil as of Jun. 2016. 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 Banco Daycoval S.A..
Is Banco Daycoval S.A.'s Change In Working Capital too high?
Banco Daycoval S.A.'s current Change In Working Capital is R$-217.59 Mil.
How does Banco Daycoval S.A.'s Change In Working Capital compare to FISI and MBIN?
Banco Daycoval S.A.'s Change In Working Capital of R$-217.59 Mil can be compared against companies in the Banks 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 Banks company?
A good Change In Working Capital depends on the Banks 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 Banco Daycoval S.A.. Banco Daycoval S.A.'s current Change In Working Capital is R$-217.59 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Banco Daycoval S.A. stock overvalued right now?
Banco Daycoval S.A. (BSP:DAYC3) has a current Change In Working Capital of R$-217.59 Mil. The current Change In Working Capital is R$-217.59 Mil. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Change In Working Capital calculated?
Change In Working Capital is calculated from a company's financial statements. For Banco Daycoval S.A. (BSP:DAYC3), the current Change In Working Capital is R$-217.59 Mil as of Jun. 2016. 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.

Banco Daycoval S.A. Business Description

Banco Daycoval S.A. was founded in 1968. It is a is a commercial bank. The Company along with its subsidiaries is engaged in commercial, foreign exchange, investment and lending portfolios. It also provide services including management of assets, life insurance and pension plans. The Company operates in four business segments: financial segment; asset management segment; insurance and pension fund segment; andother segments. Financial segment - handles individual customer deposits and provides loan, overdraft, credit card, and wire transfer services, and performs treasury, finance and other core functions; Asset management segment - services to institutional investors and intermediaries by providing financial asset management through investment funds; and Insurance and pension fund segment - offers life insurance and open-end supplementary pension funds, by operating lump-sum and annuity plans, consisting of the plans' participants' contributions.