WFRD (Weatherford International) Change In Working Capital : $-133 Mil (TTM As of Sep. 2024)

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What is Weatherford International Change In Working Capital?

Weatherford International's change in working capital for the quarter that ended in Sep. 2024 was $-3 Mil.

Weatherford International's change in working capital for the fiscal year that ended in Dec. 2023 was $-79 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).

Weatherford International Change In Working Capital Historical Data

The historical data trend for Weatherford International'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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Weatherford International Change In Working Capital Chart

Weatherford International Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Change In Working Capital

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-433.00

271.00

86.00

-151.00

-79.00

Weatherford International Quarterly Data
	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24
Change In Working Capital	Get a 7-Day Free Trial															-37.00	88.00	-118.00	-100.00	-3.00

Weatherford International Change In Working Capital Calculation

Change In Working Capital for the trailing twelve months (TTM) ended in Sep. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was $-133 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.

Weatherford International Change In Working Capital Related Terms

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Weatherford International Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Weatherford International PLC (NAS:WFRD) » Definitions » Change In Working Capital

Comparable Companies

Traded in Other Exchanges

0WE:Germany 0WE:Germany

Address

2000 Street James Place, Houston, TX, USA, 77056

Website

https://www.weatherford.com

Weatherford International provides diversified oilfield services across international markets for an array of oilfield types. The firm is a global market leader in artificial lift and tubular running services. Other key product lines include cementing products, directional drilling, and wireline evaluation.

Executives

Desmond J Mills	officer: VP & Chief Accounting Officer	2000 ST. JAMES PLACE, HOUSTON TX 77056
Charles M Sledge	director	1611 SCENIC MOUNTAIN COURT, KINGWOOD TX 77345
Girish Saligram	director, officer: President and CEO	2000 ST. JAMES PLACE, HOUSTON TX 77056
Jacqueline C Mutschler	director	2000 ST. JAMES PLACE, HOUSTON TX 77056
Benjamin Duster	director	200 E. 84ST, 8TH FLOOR, NEW YORK NY 10028
Neal P Goldman	director	10700 PARKRIDGE BLVD., RESTON VA 20191
Scott C Weatherholt	officer: EVP, GC & CCO	321 SOUTH BOSTON AVE., SUITE 1000, TULSA OK 74103
Joseph H Mongrain	officer: EVP and CHRO	2000 ST. JAMES PLACE, HOUSTON TX 77056
Arunava Mitra	officer: EVP and CFO	2000 ST. JAMES PLACE, HOUSTON TX 77056
Charles Davison	officer: EVP - Operational Excellence	2000 ST. JAMES PLACE, HOUSTON TX 77056
H. Keith Jennings	officer: EVP and CFO	2000 ST. JAMES PLACE, HOUSTON TX 77056
Mark D Swift	officer: President - Western Hemisphere	2000 ST. JAMES PLACE, HOUSTON TX 77056
Christian A Garcia	officer: Chief Financial Officer	3000 N. SAM HOUSTON PARKWAY E., BLDG. J-4, HOUSTON TX 77032
John F Glick	director	TETRA TECHNOLOGIES, INC., 24955 INTERSTATE 45 N, THE WOODLANDS TX 77380
Bates Thomas R Jr	director	TETRA TECHNOLOGIES, INC., 24955 INTERSTATE 45 N, THE WOODLANDS TX 77380