GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Silver Star Energy Inc (OTCPK:SVSE) » Definitions » Change In Working Capital

Silver Star Energy (Silver Star Energy) Change In Working Capital : $-0.23 Mil (TTM As of Sep. 2007)


View and export this data going back to 2003. Start your Free Trial

What is Silver Star Energy Change In Working Capital?

Silver Star Energy's change in working capital for the quarter that ended in Sep. 2007 was $0.13 Mil.

Silver Star Energy's change in working capital for the fiscal year that ended in Dec. 2006 was $1.30 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).


Silver Star Energy Change In Working Capital Historical Data

The historical data trend for Silver Star Energy'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.

Silver Star Energy Change In Working Capital Chart

Silver Star Energy Annual Data
Trend Dec03 Dec04 Dec05 Dec06
Change In Working Capital
- 0.16 -1.17 1.30

Silver Star Energy Quarterly Data
Mar03 Jun03 Sep03 Dec03 Mar04 Jun04 Sep04 Dec04 Mar05 Jun05 Sep05 Dec05 Mar06 Jun06 Sep06 Dec06 Mar07 Jun07 Sep07
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 0.14 0.02 0.20 -0.57 0.13

Silver Star Energy Change In Working Capital Calculation

Change In Working Capital for the trailing twelve months (TTM) ended in Sep. 2007 adds up the quarterly data reported by the company within the most recent 12 months, which was $-0.23 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.


Silver Star Energy Change In Working Capital Related Terms

Thank you for viewing the detailed overview of Silver Star Energy's Change In Working Capital provided by GuruFocus.com. Please click on the following links to see related term pages.


Silver Star Energy (Silver Star Energy) Business Description

Traded in Other Exchanges
N/A
Address
9595 Wilshire Boulevard, Suite 900, Beverly Hills, CA, USA, 90212
Website
Silver Star Energy Inc is an early-stage energy company engaged in the exploration and development of oil and natural gas reserves throughout western North America.
Executives
Scott Marshall 10 percent owner 2435 WEST 7TH AVENUE VANCOUVER A1 00000
Gordon Samson director 9595 WILSHIRE BLVD., SUITE 900 BEVERLY HILLS CA 90212
Robert Bruce Mcintosh director, officer: President 504 THRASHER STREET, NORCROSS GA 30071

Silver Star Energy (Silver Star Energy) Headlines

No Headlines