Changming Industrial Management Group Holding (Changming Industrial Management Group Holding) Change In Working Capital : $-1.17 Mil (TTM As of Jun. 2009)

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What is Changming Industrial Management Group Holding Change In Working Capital?

Changming Industrial Management Group Holding's change in working capital for the quarter that ended in Jun. 2009 was $-1.97 Mil.

Changming Industrial Management Group Holding's change in working capital for the fiscal year that ended in May. 2008 was $0.02 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).

Changming Industrial Management Group Holding Change In Working Capital Historical Data

The historical data trend for Changming Industrial Management Group 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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Changming Industrial Management Group Holding Change In Working Capital Chart

Changming Industrial Management Group Holding Annual Data

Trend

May07

May08

Change In Working Capital

0.02

Changming Industrial Management Group Holding Quarterly Data
	Nov06	Feb07	May07	Aug07	Nov07	Feb08	May08	Sep08	Dec08	Mar09	Jun09
Change In Working Capital	Get a 7-Day Free Trial						0.02	-	-	0.80	-1.97

Changming Industrial Management Group Holding Change In Working Capital Calculation

Change In Working Capital for the trailing twelve months (TTM) ended in Jun. 2009 adds up the quarterly data reported by the company within the most recent 12 months, which was $-1.17 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.

Changming Industrial Management Group Holding Change In Working Capital Related Terms

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Changming Industrial Management Group Holding (Changming Industrial Management Group Holding) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Changming Industrial Management Group Holding Inc (OTCPK:CMIM) » Definitions » Change In Working Capital

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Traded in Other Exchanges

N/A

Address

Room 904, Tung Wai Commercial Building, Wan Chai, Hong Kong, HKG

Website

http://www.sxcmky.com

Changming Industrial Management Group Holding Inc is engaged in the processing and sales of mineral products as well as vanadium mining. Its product series include Product Series Vanadium ore, crystal, pentoxide, alloy, iron, and titanium alloy.

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