General Steel Holdings (General Steel Holdings) Change In Working Capital : $-1.89 Mil (TTM As of Jun. 2019)

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What is General Steel Holdings Change In Working Capital?

General Steel Holdings's change in working capital for the quarter that ended in Jun. 2019 was $-0.17 Mil.

General Steel Holdings's change in working capital for the fiscal year that ended in Dec. 2018 was $-1.59 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).

General Steel Holdings Change In Working Capital Historical Data

The historical data trend for General Steel Holdings'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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General Steel Holdings Change In Working Capital Chart

General Steel Holdings Annual Data

Trend

Dec09

Dec10

Dec11

Dec12

Dec13

Dec14

Dec15

Dec16

Dec17

Dec18

Change In Working Capital

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144.73

-5.84

0.46

0.13

-1.59

General Steel Holdings Quarterly Data
	Sep14	Dec14	Mar15	Jun15	Sep15	Dec15	Mar16	Jun16	Sep16	Dec16	Mar17	Jun17	Sep17	Dec17	Mar18	Jun18	Sep18	Dec18	Mar19	Jun19
Change In Working Capital	Get a 7-Day Free Trial															1.60	-1.69	0.06	-0.09	-0.17

General Steel Holdings Change In Working Capital Calculation

Change In Working Capital for the trailing twelve months (TTM) ended in Jun. 2019 adds up the quarterly data reported by the company within the most recent 12 months, which was $-1.89 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.

General Steel Holdings Change In Working Capital Related Terms

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General Steel Holdings (General Steel Holdings) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Steel » General Steel Holdings Inc (OTCPK:GSIH) » Definitions » Change In Working Capital

Comparable Companies

Traded in Other Exchanges

N/A

Address

Phoenix Place, Shuguangxili, Suite 106, Tower H,, Chaoyang District, Beijing, CHN, 100028

Website

http://www.gshi-steel.com

General Steel Holdings Inc is a manufacturer of steel products. The company through its subsidiary is operating steel companies serving various industries in the People's Republic of China. Its product includes steel rebar, hot-rolled carbon and silicon sheets and spiral-weld pipes.

Executives

Wenbing Wang

director

21ST FLOOR, BUILDING B, JIA MING CENTER, NO. 27 DONG SAN HUAN NORTH ROAD, CHAOYANG DISTRICT, BEIJING F4 100020