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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.
Hedef Girisim Sermayesi Yati Ortakligi AS Change In Working Capital Chart
Hedef Girisim Sermayesi Yati Ortakligi AS Annual Data
Hedef Girisim Sermayesi Yati Ortakligi AS Change In Working Capital Calculation
Change In Working Capital for the trailing twelve months (TTM) ended in Mar. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was ₺-321 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 ₺-321 Mil mean?
Hedef Girisim Sermayesi Yati Ortakligi AS (IST:HDFGS) has a Change In Working Capital of ₺-321 Mil as of Mar. 2026. 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 Hedef Girisim Sermayesi Yati Ortakligi AS.
Is Hedef Girisim Sermayesi Yati Ortakligi AS's Change In Working Capital too high?
Hedef Girisim Sermayesi Yati Ortakligi AS's current Change In Working Capital is ₺-321 Mil. Overall, Hedef Girisim Sermayesi Yati Ortakligi AS has a GF Score™ of 73/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Hedef Girisim Sermayesi Yati Ortakligi AS's Change In Working Capital compare to BLK and BX?
Hedef Girisim Sermayesi Yati Ortakligi AS's Change In Working Capital of ₺-321 Mil can be compared against companies in the Asset Management 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 Asset Management company?
A good Change In Working Capital depends on the Asset Management 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 Hedef Girisim Sermayesi Yati Ortakligi AS. Hedef Girisim Sermayesi Yati Ortakligi AS's current Change In Working Capital is ₺-321 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Hedef Girisim Sermayesi Yati Ortakligi AS stock overvalued right now?
Based on GuruFocus' analysis, Hedef Girisim Sermayesi Yati Ortakligi AS (IST:HDFGS) is currently considered Significantly Overvalued. The stock's GF Value™ is ₺1.73, compared to a current price of ₺2.64 — trading 52.6% above its estimated fair value. The current Change In Working Capital is ₺-321 Mil. Hedef Girisim Sermayesi Yati Ortakligi AS's overall GF Score™ is 73/100 with 4 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 Hedef Girisim Sermayesi Yati Ortakligi AS (IST:HDFGS), the current Change In Working Capital is ₺-321 Mil as of Mar. 2026. 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 Hedef Girisim Sermayesi Yati Ortakligi AS (IST:HDFGS) Overvalued in 2026?
Based on GuruFocus' analysis, Hedef Girisim Sermayesi Yati Ortakligi AS stock appears to be overvalued.
The current stock price of ₺2.64 is trading 52.6% above its estimated GF Value™ of ₺1.73.
GuruFocus considers Hedef Girisim Sermayesi Yati Ortakligi AS to be Significantly Overvalued.
Key valuation signals for IST:HDFGS:
Change In Working Capital: ₺-321 Mil
GF Value™: ₺1.73 vs. price of ₺2.64 (52.6% above fair value)
No single metric tells the full story. See the IST:HDFGS stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Hedef Girisim Sermayesi Yati Ortakligi AS makes direct and indirect investments across multiple sectors, with a primary focus on finance and technology. Its investment activities span areas including fintech, software, gaming, real estate, agriculture and food, marketing, media and publishing, education, logistics, healthcare products, materials such as polycarbonate and polymers, renewable energy, consulting, blockchain, cryptocurrency, and SaaS. The company holds investments in more than 15 portfolio companies across these sectors.
73GF Score
Get the complete analysis for IST:HDFGS
Change In Working Capital is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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