Made Tech Group (LSE:MTEC) Change In Working Capital : £-0.38 Mil (TTM As of Nov. 2023)

View and export this data going back to 2021. Start your Free Trial

What is Made Tech Group Change In Working Capital?

Made Tech Group's change in working capital for the quarter that ended in Nov. 2023 was £-0.71 Mil.

Made Tech Group's change in working capital for the fiscal year that ended in May. 2023 was £-1.48 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).

Made Tech Group Change In Working Capital Historical Data

The historical data trend for Made Tech 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.

* Premium members only.

Made Tech Group Change In Working Capital Chart

Made Tech Group Annual Data

Trend

May19

May20

May21

May22

May23

Change In Working Capital

-0.03

-0.19

0.82

-0.75

-1.48

Made Tech Group Semi-Annual Data
	May19	May20	Nov20	May21	Nov21	May22	Nov22	May23	Nov23
Change In Working Capital	Get a 7-Day Free Trial				-2.41	1.66	-1.80	0.33	-0.71

Made Tech Group Change In Working Capital Calculation

Change In Working Capital for the trailing twelve months (TTM) ended in Nov. 2023 adds up the semi-annually data reported by the company within the most recent 12 months, which was £-0.38 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.

Made Tech Group Change In Working Capital Related Terms

Thank you for viewing the detailed overview of Made Tech Group's Change In Working Capital provided by GuruFocus.com. Please click on the following links to see related term pages.

Made Tech Group (LSE:MTEC) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » Made Tech Group PLC (LSE:MTEC) » Definitions » Change In Working Capital

Comparable Companies

Traded in Other Exchanges

5UH:Germany

Address

4 O’Meara Street, London, GBR, SE1 1TE

Website

https://www.madetech.com

Made Tech Group PLC provides digital, data and technology services to the UK public sector, that enables central government, healthcare, and local government organisations to digitally transform. Its projects include delivering and operating the Multichannel Digital Tax Platform (MDTP), which runs HMRC's Making Tax Digital services; supporting the Ministry of Justice to modernise the technology within the prison estate; and working with DVLA to digitally transform key services such as the UK provisional driving licence system.

Made Tech Group (LSE:MTEC) Headlines

No Headlines