Brown & Brown (Brown & Brown) Change In Working Capital : $-130 Mil (TTM As of Mar. 2024)

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What is Brown & Brown Change In Working Capital?

Brown & Brown's change in working capital for the quarter that ended in Mar. 2024 was $-349 Mil.

Brown & Brown's change in working capital for the fiscal year that ended in Dec. 2023 was $-26 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).

Brown & Brown Change In Working Capital Historical Data

The historical data trend for Brown & Brown'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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Brown & Brown Change In Working Capital Chart

Brown & Brown Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Change In Working Capital

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100.79

29.50

-41.40

-15.90

-25.60

Brown & Brown Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Change In Working Capital	Get a 7-Day Free Trial															-245.00	78.60	45.10	95.70	-349.00

Brown & Brown Change In Working Capital Calculation

Change In Working Capital for the trailing twelve months (TTM) ended in Mar. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was $-130 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.

Brown & Brown Change In Working Capital Related Terms

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Brown & Brown (Brown & Brown) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Insurance » Brown & Brown Inc (NYSE:BRO) » Definitions » Change In Working Capital

Comparable Companies

Traded in Other Exchanges

BRO:Mexico BTW:Germany BTW:Germany

Address

300 North Beach Stree, Daytona Beach, FL, USA, 32114

Website

https://www.bbinsurance.com

Brown & Brown Inc is an insurance agent and broker that offers insurance products and services, primarily in the areas of property, casualty, and employee benefits, by connecting customers with insurance companies. It earns its revenue via commissions from insurance companies and direct fees from customers, and it generally has no underwriting risk exposure. More than half of its revenue is from its retail segment, which provides a broad range of insurance products and services to entities and individuals. Roughly a fourth of revenue is from its national programs segment, which provides, among other things, professional liability coverage for professionals. The company operates primarily in the United States, with its highest exposure in Florida.

Executives

Stephen M Boyd	officer: EVP/ Pres Wholesale Brokerage	300 N. BEACH STREET, DAYTONA BEACH FL 32114
Bronislaw Edmund Masojada	director	POINT BUILDING, 3 WATERLOO LANE, PEMBROKE D0 HM 08
Paul J Krump	director	C/O CHUBB & SON, 15 MOUNTAIN VIEW RD P O BOX161, WARREN NJ 07061-1615
Proctor H Palmer Jr	director
James Charles Hays	director	100 S. POINTE DRIVE, UNIT 2605, MIAMI BEACH FL 33139
Gellerstedt Lawrence L Iii	director	3344 PEACHTREE ROAD, SUITE 1800, ATLANTA GA 30326
Jaymin B Patel	director	C/O GTECH HOLDINGS CORPORATION, 55 TECHNOLOGY WAY, WEST GREENWICH RI 02817
Robert W Lloyd	officer: VP & Chief Litigation Officer	300 N. BEACH STREET, DAYTONA BEACH FL 32114
Hugh M Brown	director	3740 RANEY DRIVE, TITUSVILLE FL 32780
Nester Kenneth Gray Ii	officer: EVP/Chief Information Officer	300 N. BEACH STREET, DAYTONA BEACH FL 32114
Julie Turpin	officer: EVP/Chief People Officer	300 N. BEACH STREET, DAYTONA BEACH FL 32114
Chris L Walker	officer: Regional Executive VP	220 S RIDGEWOOD AVE, DAYTONA BEACH FL 32114-4318
R. Andrew Watts	officer: EVP, CFO and Treasurer	220 S. RIDGEWOOD AVE., DAYTONA BEACH FL 32114
P Barrett Brown	officer: EVP and Pres.- Retail Segment	300 N. BEACH STREET, DAYTONA BEACH FL 32114
Jerome Scott Penny	officer: Regional Executive VP	300 N. BEACH STREET, DAYTONA BEACH FL 32114