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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).
* 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.
Danieli & C. Officine Meccaniche SpA Change In Working Capital Chart
Danieli & C. Officine Meccaniche SpA Change In Working Capital Calculation
Change In Working Capital for the trailing twelve months (TTM) ended in Dec. 2025 adds up the semi-annually data reported by the company within the most recent 12 months, which was €425 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.
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 €425 Mil mean?
Danieli & C. Officine Meccaniche SpA (FRA:DAS) has a Change In Working Capital of €425 Mil as of Dec. 2025. 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 Danieli & C. Officine Meccaniche SpA.
Is Danieli & C. Officine Meccaniche SpA's Change In Working Capital too high?
Danieli & C. Officine Meccaniche SpA's current Change In Working Capital is €425 Mil. Overall, Danieli & C. Officine Meccaniche SpA has a GF Score™ of 75/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Danieli & C. Officine Meccaniche SpA's Change In Working Capital compare to GEV and ETN?
Danieli & C. Officine Meccaniche SpA's Change In Working Capital of €425 Mil can be compared against companies in the Industrial Products 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 an Industrial Products company?
A good Change In Working Capital depends on the Industrial Products 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 Danieli & C. Officine Meccaniche SpA. Danieli & C. Officine Meccaniche SpA's current Change In Working Capital is €425 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Danieli & C. Officine Meccaniche SpA stock overvalued right now?
Based on GuruFocus' analysis, Danieli & C. Officine Meccaniche SpA (FRA:DAS) is currently considered Significantly Overvalued. The stock's GF Value™ is €30.83, compared to a current price of €62.80 — trading 103.7% above its estimated fair value. The current Change In Working Capital is €425 Mil. Danieli & C. Officine Meccaniche SpA's overall GF Score™ is 75/100 with 3 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 Danieli & C. Officine Meccaniche SpA (FRA:DAS), the current Change In Working Capital is €425 Mil as of Dec. 2025. 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 Danieli & C. Officine Meccaniche SpA (FRA:DAS) Overvalued in 2026?
Based on GuruFocus' analysis, Danieli & C. Officine Meccaniche SpA stock appears to be overvalued.
The current stock price of €62.80 is trading 103.7% above its estimated GF Value™ of €30.83.
GuruFocus considers Danieli & C. Officine Meccaniche SpA to be Significantly Overvalued.
Key valuation signals for FRA:DAS:
Change In Working Capital: €425 Mil
GF Value™: €30.83 vs. price of €62.80 (103.7% above fair value)
No single metric tells the full story. See the FRA:DAS stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Danieli & C. Officine Meccaniche SpA is an Italy-based company that is engaged in manufacturing and distribution of steel and other nonferrous metal products as well as plant building. The company operates through two segments, namely steelmaking and plant making. The Steelmaking segment manufactures ingots, forged bars, blooms, rolled bars, bar in coils and others. End customers primarily come from the mechanical, automotive, oil & gas, power generation and other sectors. The Plant Making segment designs and builds mines, pellet production plants, furnaces, rolling mills and other various plants and facilities. The company has a global presence, with Europe, Middle East and Far East being the three largest markets for the company.
75GF 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.
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