Zhibao Technology (Zhibao Technology) Change In Working Capital : $-1.90 Mil (TTM As of Jun. 2023)

View and export this data going back to 2024. Start your Free Trial

What is Zhibao Technology Change In Working Capital?

Zhibao Technology's change in working capital for the quarter that ended in Jun. 2023 was $-30.20 Mil.

Zhibao Technology's change in working capital for the fiscal year that ended in Jun. 2023 was $-2.65 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).

Zhibao Technology Change In Working Capital Historical Data

The historical data trend for Zhibao Technology'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.

Zhibao Technology Change In Working Capital Chart

Zhibao Technology Annual Data

Trend

Jun21

Jun22

Jun23

Change In Working Capital

0.43

-2.53

-2.65

Zhibao Technology Semi-Annual Data
	Jun21	Dec21	Jun22	Dec22	Jun23
Change In Working Capital	-	1.71	-4.16	28.30	-30.20

Zhibao Technology Change In Working Capital Calculation

Change In Working Capital for the trailing twelve months (TTM) ended in Jun. 2023 adds up the semi-annually data reported by the company within the most recent 12 months, which was $-1.90 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.

Zhibao Technology Change In Working Capital Related Terms

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

Zhibao Technology (Zhibao Technology) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Insurance » Zhibao Technology Inc (NAS:ZBAO) » Definitions » Change In Working Capital

Comparable Companies

Traded in Other Exchanges

N/A

Address

Floor 3, Building 6, Wuxing Road, Lane 727, Shanghai, CHN, 201204

Website

https://www.zhibao-tech.com

Zhibao Technology Inc is a insurance technology company primarily engaged in providing digital insurance brokerage services in China. 2B2C digital embedded insurance is their innovative business model which they pioneered in China. They provide customized digital insurance solutions for B-side channels (covering a wide range of industries and organizations, including but not limited to Internet platforms, large and medium-sized enterprises, and government agencies, etc.), embedding them into the channel's existing business matrix, and providing the channel with Provide digital insurance brokerage services to C-end customers.

Zhibao Technology (Zhibao Technology) Headlines

From GuruFocus

Zhibao Technology Inc. Announces Closing of Underwriters' Over-Allotment Option in Connection with Its Initial Public Offering

By Marketwired • 05-15-2024