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QRS Music Technologies (QRS Music Technologies) Change In Working Capital : $0.78 Mil (TTM As of Mar. 2007)


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What is QRS Music Technologies Change In Working Capital?

QRS Music Technologies's change in working capital for the quarter that ended in Mar. 2007 was $-0.27 Mil.

QRS Music Technologies's change in working capital for the fiscal year that ended in Jun. 2006 was $-0.80 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).

QRS Music Technologies Change In Working Capital Historical Data

The historical data trend for QRS Music Technologies'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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QRS Music Technologies Change In Working Capital Chart

QRS Music Technologies Annual Data
Trend Jun01 Jun02 Jun03 Jun04 Jun05 Jun06
Change In Working Capital
Get a 7-Day Free Trial 0.91 -1.82 -0.02 -1.72 -0.80

QRS Music Technologies Quarterly Data
Jun02 Sep02 Dec02 Mar03 Jun03 Sep03 Dec03 Mar04 Jun04 Sep04 Dec04 Mar05 Jun05 Sep05 Dec05 Mar06 Jun06 Sep06 Dec06 Mar07
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 -1.52 0.25 0.52 0.27 -0.27

QRS Music Technologies Change In Working Capital Calculation

Change In Working Capital for the trailing twelve months (TTM) ended in Mar. 2007 adds up the quarterly data reported by the company within the most recent 12 months, which was $0.78 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.

QRS Music Technologies Change In Working Capital Related Terms

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QRS Music Technologies (QRS Music Technologies) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Travel & Leisure » QRS Music Technologies Inc (OTCPK:QRSM) » Definitions » Change In Working Capital
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Traded in Other Exchanges
N/A
Address
269 Quaker Drive, Seneca, PA, USA, 16346
Website
https://www.qrsmusic.com
QRS Music Technologies Inc manufactures and distributes pianos, pianomation units and compact discs and music rolls for use in player pianos. The firm has a presence in Buffalo, New York and Seneca, Pennsylvania within the United States and internationally in Belmain NSW, Australia. It also operates a sales and procurement office in Hong Kong, China.

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