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Zoro Mining (Zoro Mining) Change In Working Capital : $1.98 Mil (TTM As of Apr. 2012)


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What is Zoro Mining Change In Working Capital?

Zoro Mining's change in working capital for the quarter that ended in Apr. 2012 was $1.98 Mil.

Zoro Mining's change in working capital for the fiscal year that ended in Apr. 2012 was $1.98 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).


Zoro Mining Change In Working Capital Historical Data

The historical data trend for Zoro Mining'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.

* Premium members only.

Zoro Mining Change In Working Capital Chart

Zoro Mining Annual Data
Trend Apr04 Apr05 Apr06 Apr07 Apr08 Apr09 Apr10 Apr11 Apr12
Change In Working Capital
Get a 7-Day Free Trial Premium Member Only 0.27 1.65 1.01 1.46 1.98

Zoro Mining Semi-Annual Data
Apr04 Apr05 Apr06 Apr07 Apr08 Apr09 Apr10 Apr11 Apr12
Change In Working Capital Get a 7-Day Free Trial Premium Member Only 0.27 1.65 1.01 1.46 1.98

Zoro Mining Change In Working Capital Calculation

For stock reported annually, GuruFocus uses latest annual data as the TTM data. Change In Working Capital for the trailing twelve months (TTM) ended in Apr. 2012 was $1.98 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.


Zoro Mining Change In Working Capital Related Terms

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Zoro Mining (Zoro Mining) Business Description

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Zoro Mining Corp was incorporated under the laws of the State of Nevada on April 20, 2004 under the name 'Rockdale Mining Corp'. Effective March 19, 2007, it merged with a wholly-owned subsidiary, Zoro Mining Corp., pursuant to Articles of merger filed with the Nevada Secretary of State. The merger was in the form of a parent/subsidiary merger with Rochdale Mining Corp. as the surviving corporation. Upon completion of the merger, its corporate name was changed to 'Zoro Mining Corp.' and its Articles of Incorporation were amended to reflect this name change. It is a natural resource exploration company currently engaged in the exploration, acquisition and development of property located in South America and Mexico. It plans to conduct exploration programs on its properties with the objective of ascertaining whether any of its properties contain economic concentrations of minerals that are prospective for mining. The Company currently has interests in an aggregate of approximately 27,294 net acres located in Chile, approximately 4,940 net acres in Peru, and a further 6,822 gross acres located in Mexico, targeting gold, copper and platinum. It operates in a highly competitive industry, competing with other mining and exploration mineral companies, and institutional and individual investors, which are actively seeking metal and mineral based exploration properties throughout the world together with the equipment, labor and materials required to exploit such properties. The Company's mineral exploration activities are, or would be, subject to extensive foreign laws and regulations governing prospecting, development, production, exports, taxes, labor standards, occupational health, waste disposal, protection and remediation of the environment, protection of endangered and protected species, mine safety, toxic substances and other matters.
Executives
Andrew A Brodkey other: No longer Section 16 4960 N. CAMINO ANTONIO, TUSCON AZ 85718
David Hackman director, officer: VP of Exploration 3040 NORTH CAMPBELL AVE., SUITE 110, TUCSON AZ 85719
Frank Garcia officer: Chief Financial Officer 3040 N. CAMPBELL AVE. SUITE #110, TUCSON AZ 85719
Jodi Henderson officer: Corporate Secretary 7033 EAST CALLE BETELGEUX, TUCSON AZ 85710

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