ScION Tech Growth II (ScION Tech Growth II) Change In Working Capital : $0.54 Mil (TTM As of Sep. 2022)

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What is ScION Tech Growth II Change In Working Capital?

ScION Tech Growth II's change in working capital for the quarter that ended in Sep. 2022 was $0.10 Mil.

ScION Tech Growth II's change in working capital for the fiscal year that ended in Dec. 2021 was $-0.18 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).

ScION Tech Growth II Change In Working Capital Historical Data

The historical data trend for ScION Tech Growth II'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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ScION Tech Growth II Change In Working Capital Chart

ScION Tech Growth II Annual Data

Trend

Dec20

Dec21

Change In Working Capital

-0.18

ScION Tech Growth II Quarterly Data
	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22
Change In Working Capital	Get a 7-Day Free Trial			0.17	0.16	0.16	0.12	0.10

ScION Tech Growth II Change In Working Capital Calculation

Change In Working Capital for the trailing twelve months (TTM) ended in Sep. 2022 adds up the quarterly data reported by the company within the most recent 12 months, which was $0.54 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.

ScION Tech Growth II Change In Working Capital Related Terms

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ScION Tech Growth II (ScION Tech Growth II) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Diversified Financial Services » ScION Tech Growth II (NAS:SCOB) » Definitions » Change In Working Capital

Comparable Companies

Traded in Other Exchanges

N/A

Address

10 Queen Street Place, 2nd Floor, London, GBR, EC4R 1BE

Website

ScION Tech Growth II is a blank check company.

Executives

Kunal Gullapalli	officer: Chief Financial Officer	66 CROSBY ST 5E, NEW YORK NY 10012
Andrea Pignataro	director, 10 percent owner, officer: Executive Chairman	MINERVA HOUSE 4TH FLOOR DUBLIN 4, SIMMONSCOURT ROAD, DUBLIN K6 D04H9P8
Kenneth T Schiciano	director	125 HIGH ST STE 2500, BOSTON MA 02110
Sheila Hooda	director	C/O VIRTUS INVESTMENT PARTNERS, INC., 100 PEARL STREET, HARTFORD CT 06103
Edward Alexander Triplett	officer: Chief Financial Officer	10 QUEEN ST PLACE 2ND FLOOR, LONDON X0 EC4R1BE
Mathew Judd Cestar	director, officer: Chief Executive Officer	10 QUEEN ST PLACE 2ND FLOOR, LONDON X0 EC4R1BE
John Louis Woyton	director	PARK CORNER HOUSE, BASINGSTOKE ROAD, HECKFIELD, LONDON X0 RG270LJ
Scion 2 Sponsor Llc	director, 10 percent owner	10 QUEEN ST PLACE 2ND FLOOR, LONDON X0 EC4R1BE

ScION Tech Growth II (ScION Tech Growth II) Headlines

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