First Merchants (First Merchants) Change In Working Capital : $-3.2 Mil (TTM As of Mar. 2024)

View and export this data going back to 1992. Start your Free Trial

What is First Merchants Change In Working Capital?

First Merchants's change in working capital for the quarter that ended in Mar. 2024 was $4.0 Mil.

First Merchants's change in working capital for the fiscal year that ended in Dec. 2023 was $-4.4 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).

First Merchants Change In Working Capital Historical Data

The historical data trend for First Merchants'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.

First Merchants Change In Working Capital Chart

First Merchants Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Change In Working Capital

Get a 7-Day Free Trial

-8.09

-13.55

-8.64

-22.20

-4.45

First Merchants 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															2.72	-3.97	1.44	-4.64	4.02

First Merchants 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 $-3.2 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.

First Merchants Change In Working Capital Related Terms

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

First Merchants (First Merchants) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » First Merchants Corp (NAS:FRME) » Definitions » Change In Working Capital

Comparable Companies

Traded in Other Exchanges

FM5:Germany

Address

200 East Jackson Street, P.O. Box 792, Muncie, IN, USA, 47305-2814

Website

https://www.firstmerchants.com

First Merchants Corp, through its subsidiaries, provides its customers with financial services delivered locally by bankers. It offers personal banking, business banking, real estate mortgage lending, cash management services, brokerage, wealth management, and insurance. The company reports in only one segment that is community banking.

Executives

Michael C Rechin	officer: Executive Vice President, other: Chief Operating Officer	13831 COLDWATER DRIVE, CARMEL IN 46032
Michael J Fisher	director	200 EAST JACKSON STREET, MUNCIE IN 47305
Jason R Sondhi	director	200 E JACKSON ST, MUNCIE IN 47305
Gary Lehman	director	200 EAST JACKSON STREET, MUNCIE IN 47305
Mung Chiang	director	200 E JACKSON ST, MUNCIE IN 47305
Stephan Fluhler	officer: Chief Information Officer, other: Senior Vice President	200 EAST JACKSON STREET, MUNCIE IN 47305
Charles E Schalliol	director	300 NORTH MERIDIAN STREET, SUITE 950, INDIANAPOLIS IN 46204
Kevin D Johnson	director	200 E JACKSON ST, MUNCIE IN 47305
Patrick J. Fehring	director	32991 HAMILTON COURT, FARMINGTON HILLS MI 48334
Patrick A Sherman	director	609 TREYBOURNE DRIVE, SUITE A, GREENWOOD IN 46142
Chad Kimball	officer: Chief Risk Officer	200 EAST JACKSON STREET, MUNCIE IN 47305
Mark K Hardwick	officer: Senior Vice President, other: Chief Financial Officer	POST OFFICE BOX 792, MUNICE IN 47308-0792
Michael R Becher	director	200 E. JACKSON ST., MUNCIE IN 47305
Michael C Marhenke	director	200 EAST JACKSON ST, MUNCIE IN 47305
William L Hoy	director	200 EAST JACKSON STREET, MUNCIE IN 47305