Confluent (Confluent) Change In Working Capital : $-55.8 Mil (TTM As of Dec. 2023)

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What is Confluent Change In Working Capital?

Confluent's change in working capital for the quarter that ended in Dec. 2023 was $9.6 Mil.

Confluent's change in working capital for the fiscal year that ended in Dec. 2023 was $-55.8 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).

Confluent Change In Working Capital Historical Data

The historical data trend for Confluent'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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Confluent Change In Working Capital Chart

Confluent Annual Data

Trend

Dec19

Dec20

Dec21

Dec22

Dec23

Change In Working Capital

-1.62

-25.75

21.89

-32.06

-55.76

Confluent Quarterly Data
	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Change In Working Capital	Get a 7-Day Free Trial												-7.14	-27.08	-24.02	-14.31	9.65

Confluent Change In Working Capital Calculation

Change In Working Capital for the trailing twelve months (TTM) ended in Dec. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was $-55.8 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.

Confluent Change In Working Capital Related Terms

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Confluent (Confluent) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » Confluent Inc (NAS:CFLT) » Definitions » Change In Working Capital

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Traded in Other Exchanges

CFLT:Mexico 8QR:Germany 8QR:Germany

Address

899 West Evelyn Avenue, Mountain View, CA, USA, 94041

Website

https://www.confluent.io

Confluent Inc is a new category of data infrastructure designed to connect all the applications, systems, and data layers of a company around a real-time central nervous system. Its products include Confluent Platform; Connectors; ksqlDB and others. The company generates revenue from the sale of subscriptions and services. Geographically, it derives a majority of its revenue from the United States. It provides solutions to Financial Services; Insurance; Retail and eCommerce; Automotive; Government and other sectors.

Executives

Rohan Sivaram	officer: Chief Financial Officer	C/O CONFLUENT, INC., 899 W. EVELYN AVENUE, MOUNTAIN VIEW CA 94041
Chad Verbowski	officer: SVP of Engineering	C/O CONFLUENT, INC., 899 W. EVELYN AVENUE, MOUNTAIN VIEW CA 94041
Ying Christina Liu	officer: Chief Accounting Officer	C/O ZENDESK, INC., 1019 MARKET STREET, SAN FRANCISCO CA 94103
Edward Jay Kreps	director, 10 percent owner, officer: Chief Executive Officer	C/O CONFLUENT, INC., 899 W. EVELYN AVENUE, MOUNTAIN VIEW CA 94041
Erica Schultz	officer: President, Field Operations	C/O NEW RELIC, INC., 188 SPEAR STREET, STE. 1200, SAN FRANCISCO CA 94105
Michelangelo Volpi	director	C/O HORTONWORKS, INC., 3640 W. BAYSHORE RD., PALO ALTO CA 94303
Stephanie Buscemi	officer: Chief Marketing Officer	C/O IHS INC., 15 INVERNESS EAST WAY, ENGLEWOOD CO 80107
Jonathan Chadwick	director	3401 HILLVIEW AVENUE, PALO ALTO CA 94304
Lara Caimi	director	C/O CONFLUENT, INC., 899 W EVELYN AVENUE, MOUNTAIN VIEW CA 94041
Steffan Tomlinson	officer: Chief Financial Officer	PALO ALTO NETWORKS, INC., 3300 OLCOTT STREET, SANTA CLARA CA 95054
Eric Vishria	director, 10 percent owner	2965 WOODSIDE ROAD, WOODSIDE CA 94062
Sequoia Capital Fund, L.p.	10 percent owner	2800 SAND HILL ROAD, SUITE 101, MENLO PARK CA 94025
Index Ventures Vii Parallel Entrepreneur Fund (jersey), L.p.	10 percent owner	C/O EFG WEALTH SOLUTIONS (JERSEY) LTD, NO. 1 SEATON PLACE, ST. HELIER Y9 JE4 8YJ
Sequoia Capital Fund Parallel, Llc	10 percent owner	2800 SAND HILL ROAD, SUITE 101, MENLO PARK CA 94025
Index Ventures Vii (jersey), L.p.	10 percent owner	C/O EFG WEALTH SOLUTIONS (JERSEY) LTD, NO. 1 SEATON PLACE, ST. HELIER Y9 JE4 8YJ