DVLP (Golden Developing Solutions) Change In Working Capital: $2.68 Mil (TTM As of Jun. 2023)

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What is Golden Developing Solutions Change In Working Capital?

Golden Developing Solutions DVLP -90.00% Change In Working Capital is $2.68 Mil as of Jun. 2023.

Golden Developing Solutions's change in working capital for the quarter that ended in Jun. 2023 was $1.61 Mil.

Golden Developing Solutions's change in working capital for the fiscal year that ended in Dec. 2022 was $0.05 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).

Golden Developing Solutions Change In Working Capital Related Terms

Golden Developing Solutions Change In Working Capital Historical Data

* Premium members only.

The historical data trend for Golden Developing Solutions'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.

Golden Developing Solutions Change In Working Capital Chart

Golden Developing Solutions Annual Data
Trend Dec19 Dec20 Dec21 Dec22
Change In Working Capital
0.02 0.16 0.04 0.05

Golden Developing Solutions Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Dec22 Mar23 Jun23
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 0.02 -0.00 0.00 1.07 1.61

Golden Developing Solutions Change In Working Capital Calculation

Change In Working Capital for the trailing twelve months (TTM) ended in Jun. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was $2.68 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 $2.68 Mil mean?
Golden Developing Solutions (DVLP) has a Change In Working Capital of $2.68 Mil as of Jun. 2023. 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 Golden Developing Solutions.
Is Golden Developing Solutions' Change In Working Capital too high?
Golden Developing Solutions' current Change In Working Capital is $2.68 Mil.
How does Golden Developing Solutions' Change In Working Capital compare to CSTF and BLMS?
Golden Developing Solutions' Change In Working Capital of $2.68 Mil can be compared against companies in the Drug Manufacturers 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 Drug Manufacturers company?
A good Change In Working Capital depends on the Drug Manufacturers 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 Golden Developing Solutions. Golden Developing Solutions's current Change In Working Capital is $2.68 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Golden Developing Solutions stock overvalued right now?
Golden Developing Solutions (DVLP) has a current Change In Working Capital of $2.68 Mil. The current Change In Working Capital is $2.68 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 Golden Developing Solutions (DVLP), the current Change In Working Capital is $2.68 Mil as of Jun. 2023. 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.

Golden Developing Solutions Business Description

Address PO Box 460573, Fort Lauderdale, FL, USA, 33346
Golden Developing Solutions Inc is a development-stage company providing business services and/or products supporting Health, Wellness, and Technology. The company is also focused on acquisitions of synergistic companies.