WCCP (Wealthcraft Capital) Change In Working Capital: $0.01 Mil (TTM As of Sep. 2023)

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What is Wealthcraft Capital Change In Working Capital?

Wealthcraft Capital WCCP +8.33% Change In Working Capital is $0.01 Mil as of Sep. 2023.

Wealthcraft Capital's change in working capital for the quarter that ended in Sep. 2023 was $0.00 Mil.

Wealthcraft Capital's change in working capital for the fiscal year that ended in Dec. 2008 was $0.51 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).

Wealthcraft Capital Change In Working Capital Related Terms

Wealthcraft Capital Change In Working Capital Historical Data

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The historical data trend for Wealthcraft Capital'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.

Wealthcraft Capital Change In Working Capital Chart

Wealthcraft Capital Annual Data
Trend Dec04 Dec05 Dec06 Dec07 Dec08
Change In Working Capital
-0.04 -0.03 0.15 -0.00 0.51

Wealthcraft Capital Quarterly Data
Jun06 Dec06 Mar07 Jun07 Sep07 Dec07 Mar08 Jun08 Sep08 Dec08 Mar16 Jun16 Sep16 Mar22 Sep22 Mar23 Sep23
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 0.03 -0.12 0.05 0.01 0.00

Wealthcraft Capital Change In Working Capital Calculation

Change In Working Capital for the trailing twelve months (TTM) ended in Sep. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was $0.01 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 $0.01 Mil mean?
Wealthcraft Capital (WCCP) has a Change In Working Capital of $0.01 Mil as of Sep. 2023. 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 Wealthcraft Capital.
Is Wealthcraft Capital's Change In Working Capital too high?
Wealthcraft Capital's current Change In Working Capital is $0.01 Mil.
How does Wealthcraft Capital's Change In Working Capital compare to DTII and BLPG?
Wealthcraft Capital's Change In Working Capital of $0.01 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 Wealthcraft Capital. Wealthcraft Capital's current Change In Working Capital is $0.01 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Wealthcraft Capital stock overvalued right now?
Wealthcraft Capital (WCCP) has a current Change In Working Capital of $0.01 Mil. The current Change In Working Capital is $0.01 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 Wealthcraft Capital (WCCP), the current Change In Working Capital is $0.01 Mil as of Sep. 2023. 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.

Wealthcraft Capital Business Description

Address 2726 Broadway, Santa Monica, CA, USA, 90404
Wealthcraft Capital Inc a provider of security services for commercial, retail, and industrial customers, including, but not limited to the hemp and CBD suppliers in the Southern California area of the State of California and is also a provider of janitorial services in the Los Angeles area.