Happy Square Outsourcing Services (NSE:WHITEFORCE) Change In Working Capital: ₹-213 Mil (TTM As of Mar. 2026)

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NSE:WHITEFORCE Happy Square Outsourcing Services Ltd NSE:WHITEFORCE
19 GF Score
Price ₹39.45
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What is Happy Square Outsourcing Services Change In Working Capital?

Happy Square Outsourcing Services NSE:WHITEFORCE +1.28% 19 Change In Working Capital is ₹-213 Mil as of Mar. 2026. GuruFocus rates NSE:WHITEFORCE with a GF Score™ of 19/100. The stock has 5 warning signs investors should review.

Happy Square Outsourcing Services's change in working capital for the quarter that ended in Mar. 2026 was ₹-81 Mil.

Happy Square Outsourcing Services's change in working capital for the fiscal year that ended in Mar. 2026 was ₹-213 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).


Happy Square Outsourcing Services Change In Working Capital Related Terms


Happy Square Outsourcing Services Change In Working Capital Historical Data

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The historical data trend for Happy Square Outsourcing Services'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.

Happy Square Outsourcing Services Change In Working Capital Chart

Happy Square Outsourcing Services Annual Data
Trend Mar23 Mar24 Mar25 Mar26
Change In Working Capital
-37.07 -70.14 -91.43 -213.26

Happy Square Outsourcing Services Semi-Annual Data
Mar23 Mar24 Sep24 Mar25 Sep25 Mar26
Change In Working Capital Get a 7-Day Free Trial 0.00 0.00 0.00 -131.77 -81.49
NSE:WHITEFORCE
19GF Score
Happy Square Outsourcing Services Ltd NSE:WHITEFORCE
Change In Working Capital is just one metric. See GF Score™, valuation, warning signs, and more.
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Happy Square Outsourcing Services Change In Working Capital Calculation

Change In Working Capital for the trailing twelve months (TTM) ended in Mar. 2026 adds up the semi-annually data reported by the company within the most recent 12 months, which was ₹-213 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 ₹-213 Mil mean?
Happy Square Outsourcing Services (NSE:WHITEFORCE) has a Change In Working Capital of ₹-213 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 Happy Square Outsourcing Services.
Is Happy Square Outsourcing Services' Change In Working Capital too high?
Happy Square Outsourcing Services' current Change In Working Capital is ₹-213 Mil. Overall, Happy Square Outsourcing Services has a GF Score™ of 19/100, reflecting its overall financial health beyond just this single metric.
How does Happy Square Outsourcing Services' Change In Working Capital compare to KFY and RHI?
Happy Square Outsourcing Services' Change In Working Capital of ₹-213 Mil can be compared against companies in the Business Services 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 a Business Services company?
A good Change In Working Capital depends on the Business Services 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 Happy Square Outsourcing Services. Happy Square Outsourcing Services's current Change In Working Capital is ₹-213 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Happy Square Outsourcing Services stock overvalued right now?
Happy Square Outsourcing Services (NSE:WHITEFORCE) has a current Change In Working Capital of ₹-213 Mil. The current Change In Working Capital is ₹-213 Mil. Happy Square Outsourcing Services' overall GF Score™ is 19/100 with 5 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 Happy Square Outsourcing Services (NSE:WHITEFORCE), the current Change In Working Capital is ₹-213 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.

Happy Square Outsourcing Services Business Description

Address Nagpur Road, Rajpal Tower 240, Madan Mahal, Jabalpur, MP, IND, 482008
Happy Square Outsourcing Services Ltd is a technology-based consulting firm, involved in tech-based human resource outsourcing business, which focuses on end-to-end solutions. It offers a wide array of services such as Recruitment, Payroll, Onboarding, and flexible staffing. Its comprehensive network, structured processes, professionalism, and work ethics ensure that the company remains at the top on the domestic scale. The company satisfies firms' staffing and recruitment needs in India through its specialized, rich knowledge.
19GF 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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