Avanta Serviced Office Group (LSE:ASOA) Change In Working Capital: £4.85 Mil (TTM As of Jun. 2014)

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What is Avanta Serviced Office Group Change In Working Capital?

Avanta Serviced Office Group LSE:ASOA Change In Working Capital is £4.85 Mil as of Jun. 2014. The stock has 3 warning signs investors should review.

Avanta Serviced Office Group's change in working capital for the quarter that ended in Jun. 2014 was £2.23 Mil.

Avanta Serviced Office Group's change in working capital for the fiscal year that ended in Dec. 2013 was £2.73 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).

Avanta Serviced Office Group Change In Working Capital Related Terms

Avanta Serviced Office Group Change In Working Capital Historical Data

* Premium members only.

The historical data trend for Avanta Serviced Office Group'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.

Avanta Serviced Office Group Change In Working Capital Chart

Avanta Serviced Office Group Annual Data
Trend Dec04 Dec05 Dec06 Dec07 Dec08 Dec09 Dec10 Dec11 Dec12 Dec13
Change In Working Capital
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.14 -0.06 2.58 -2.34 2.73

Avanta Serviced Office Group Semi-Annual Data
Dec04 Jun05 Dec05 Jun06 Dec06 Jun07 Dec07 Jun08 Dec08 Jun09 Dec09 Jun10 Dec10 Jun11 Dec11 Jun12 Dec12 Jun13 Dec13 Jun14
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 Premium Member Only Premium Member Only Premium Member Only -1.16 -1.18 0.11 2.62 2.23

Avanta Serviced Office Group Change In Working Capital Calculation

Change In Working Capital for the trailing twelve months (TTM) ended in Jun. 2014 adds up the semi-annually data reported by the company within the most recent 12 months, which was £4.85 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 £4.85 Mil mean?
Avanta Serviced Office Group (LSE:ASOA) has a Change In Working Capital of £4.85 Mil as of Jun. 2014. 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 Avanta Serviced Office Group.
Is Avanta Serviced Office Group's Change In Working Capital too high?
Avanta Serviced Office Group's current Change In Working Capital is £4.85 Mil.
How does Avanta Serviced Office Group's Change In Working Capital compare to AINC and HCAP?
Avanta Serviced Office Group's Change In Working Capital of £4.85 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 Avanta Serviced Office Group. Avanta Serviced Office Group's current Change In Working Capital is £4.85 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Avanta Serviced Office Group stock overvalued right now?
Avanta Serviced Office Group (LSE:ASOA) has a current Change In Working Capital of £4.85 Mil. The current Change In Working Capital is £4.85 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 Avanta Serviced Office Group (LSE:ASOA), the current Change In Working Capital is £4.85 Mil as of Jun. 2014. 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.

Avanta Serviced Office Group Business Description

Serviced Office Group PLC is engaged in the ownership and operation of serviced office accommodation. Its reportable segments are Serviced office business and Managed serviced offices. Serviced office business undertaken in the group's freehold and leasehold properties; and Managed serviced office business undertaken under management contracts on behalf of third parties. The Group operates solely from the UK.