Akiles SE (XMAD:TES) Change In Working Capital: €0.18 Mil (TTM As of Dec. 2019)

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

XMAD:TES Akiles Corp SE XMAD:TES
4 GF Score
Price €0.11
View Full Analysis

What is Akiles SE Change In Working Capital?

Akiles SE XMAD:TES 4 Change In Working Capital is €0.18 Mil as of Dec. 2019. GuruFocus rates XMAD:TES with a GF Score™ of 4/100.

Akiles SE's change in working capital for the quarter that ended in Dec. 2019 was €-0.12 Mil.

Akiles SE's change in working capital for the fiscal year that ended in Dec. 2019 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).

Akiles SE Change In Working Capital Related Terms

Akiles SE Change In Working Capital Historical Data

* Premium members only.

The historical data trend for Akiles SE'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.

Akiles SE Change In Working Capital Chart

Akiles SE Annual Data
Trend Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19
Change In Working Capital
Get a 7-Day Free Trial -0.54 0.35 3.36 -0.14 0.18

Akiles SE Semi-Annual Data
Dec12 Jun13 Dec13 Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19
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 3.54 -0.85 0.71 0.30 -0.12
XMAD:TES
4GF Score
Akiles Corp SE XMAD:TES
Change In Working Capital is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Akiles SE Change In Working Capital Calculation

Change In Working Capital for the trailing twelve months (TTM) ended in Dec. 2019 adds up the semi-annually data reported by the company within the most recent 12 months, which was €0.18 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 €0.18 Mil mean?
Akiles SE (XMAD:TES) has a Change In Working Capital of €0.18 Mil as of Dec. 2019. 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 Akiles SE.
Is Akiles SE's Change In Working Capital too high?
Akiles SE's current Change In Working Capital is €0.18 Mil. Overall, Akiles SE has a GF Score™ of 4/100, reflecting its overall financial health beyond just this single metric.
How does Akiles SE's Change In Working Capital compare to WM and RSG?
Akiles SE's Change In Working Capital of €0.18 Mil can be compared against companies in the Conglomerates 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 Conglomerates company?
A good Change In Working Capital depends on the Conglomerates 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 Akiles SE. Akiles SE's current Change In Working Capital is €0.18 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Akiles SE stock overvalued right now?
Akiles SE (XMAD:TES) has a current Change In Working Capital of €0.18 Mil. The current Change In Working Capital is €0.18 Mil. Akiles SE's overall GF Score™ is 4/100. 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 Akiles SE (XMAD:TES), the current Change In Working Capital is €0.18 Mil as of Dec. 2019. 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.

Akiles SE Business Description

Address VITOSHA Boulevard, Stolichna 68, 1st floor, Sofia, BGR, 1463
Akiles Corp SE is a conglomerate of businesses focused on the Infrastructure & Utilities and Tourism sectors that aims to consolidate its sales, profits and cash flows for the Group. The Company currently operates mainly in the Balkans, Spain and Greece.
4GF Score

Get the complete analysis for XMAD:TES

Change In Working Capital is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

€0.11
Price