WESC (W&E Source) Change In Working Capital: $0.01 Mil (TTM As of Mar. 2023)

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What is W&E Source Change In Working Capital?

W&E Source WESC Change In Working Capital is $0.01 Mil as of Mar. 2023.

W&E Source's change in working capital for the quarter that ended in Mar. 2023 was $0.00 Mil.

W&E Source's change in working capital for the fiscal year that ended in Jun. 2022 was $0.03 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).

W&E Source Change In Working Capital Related Terms

W&E Source Change In Working Capital Historical Data

* Premium members only.

The historical data trend for W&E Source'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.

W&E Source Change In Working Capital Chart

W&E Source Annual Data
Trend Jun13 Jun14 Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22
Change In Working Capital
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.01 0.01 0.01 0.01 0.03

W&E Source Quarterly Data
Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23
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 -0.01 0.02 -0.01 -0.01 0.00

W&E Source Change In Working Capital Calculation

Change In Working Capital for the trailing twelve months (TTM) ended in Mar. 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?
W&E Source (WESC) has a Change In Working Capital of $0.01 Mil as of Mar. 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 W&E Source.
Is W&E Source's Change In Working Capital too high?
W&E Source's current Change In Working Capital is $0.01 Mil.
How does W&E Source's Change In Working Capital compare to NNAX and LQLY?
W&E Source's Change In Working Capital of $0.01 Mil can be compared against companies in the Travel & Leisure 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 Travel & Leisure company?
A good Change In Working Capital depends on the Travel & Leisure 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 W&E Source. W&E Source'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 W&E Source stock overvalued right now?
W&E Source (WESC) 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 W&E Source (WESC), the current Change In Working Capital is $0.01 Mil as of Mar. 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.

W&E Source Business Description

Address 113 Barksdale Professional Center, Newark, DE, USA, 19711
W&E Source Corp provides air ticket reservations, hotel reservations, and other travel-related services. It is engaged in services, such as airline and cruise ticketing, customized and packaged tours, travel blogs, travel magazines, sales of travel-related merchandise, group hotel reservations, business travel arrangements, conference travel arrangements, car rental, and admission ticket sale for local tourist attractions. The company earns revenue from providing travel consulting and travel arrangement advisory services and service revenue from travel schedule arrangements and advisory.