Evo Acquisition (Evo Acquisition) Change In Working Capital : $0.73 Mil (TTM As of Dec. 2022)

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What is Evo Acquisition Change In Working Capital?

Evo Acquisition's change in working capital for the quarter that ended in Dec. 2022 was $0.49 Mil.

Evo Acquisition's change in working capital for the fiscal year that ended in Dec. 2022 was $0.73 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).

Evo Acquisition Change In Working Capital Historical Data

The historical data trend for Evo Acquisition'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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Evo Acquisition Change In Working Capital Chart

Evo Acquisition Annual Data

Trend

Dec20

Dec21

Dec22

Change In Working Capital

0.07

0.73

Evo Acquisition Quarterly Data
	Nov20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22
Change In Working Capital	Get a 7-Day Free Trial				-0.02	0.02	0.14	0.09	0.49

Evo Acquisition Change In Working Capital Calculation

Change In Working Capital for the trailing twelve months (TTM) ended in Dec. 2022 adds up the quarterly data reported by the company within the most recent 12 months, which was $0.73 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.

Evo Acquisition Change In Working Capital Related Terms

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Evo Acquisition (Evo Acquisition) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Diversified Financial Services » Evo Acquisition Corp (NAS:EVOJU) » Definitions » Change In Working Capital

Comparable Companies

Traded in Other Exchanges

N/A

Address

10 Stateline Road, Crystal Bay, NV, USA, 89402

Website

https://www.evospac.com

Evo Acquisition Corp is a blank check company formed for the purpose of effecting an initial business combination.

Executives

Red Dawn Capital Llc	10 percent owner	2122 OXFORD AVENUE, AUSTIN TX 78704
Jason Sausto	officer: Managing Director	10 STATELINE ROAD, CRYSTAL BAY NV 89402
Maclean Malcolm F Iv	director	C/O ASPEN GROUP, INC., 1660 SOUTH ALBION STREET, SUITE 525, DENVER CO 80222
Robert J Valentine	director	160 OSER AVENUE, HAUPPAUGE NY 11788
Evo Sponsor Llc	10 percent owner	11390 W. OLYMPIC BLVD SUITE 100, LOS ANGELES CA 90064
Michael Lerch	director, 10 percent owner, officer: Chairman	10 STATELINE ROAD, CRYSTAL BAY NV 89402
Adrian Brindle	officer: Chief Financial Officer	10 STATELINE ROAD, CRYSTAL BAY NV 89402
Kazuko Miyashita	director	10 STATELINE ROAD, CRYSTAL BAY NV 89402
Richard Chisholm	director, officer: Chief Executive Officer	10 STATELINE ROAD, CRYSTAL BAY NV 89402
Takahiro Fushimi	director	10 STATELINE ROAD, CRYSTAL BAY NV 89402
Shigeo Kashiwagi	director	10 STATELINE ROAD, CRYSTAL BAY NV 89402