Eidesvik Offshore ASA (OSL:EIOF) Change In Working Capital : kr0.0 Mil (TTM As of Mar. 2024)

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What is Eidesvik Offshore ASA Change In Working Capital?

Eidesvik Offshore ASA's change in working capital for the quarter that ended in Mar. 2024 was kr0.0 Mil.

Eidesvik Offshore ASA's change in working capital for the fiscal year that ended in Dec. 2023 was kr0.0 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).

Eidesvik Offshore ASA Change In Working Capital Historical Data

The historical data trend for Eidesvik Offshore ASA'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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Eidesvik Offshore ASA Change In Working Capital Chart

Eidesvik Offshore ASA Annual Data

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Change In Working Capital

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Eidesvik Offshore ASA 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															-	-	-	-	-

Eidesvik Offshore ASA 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 kr0.0 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.

Eidesvik Offshore ASA Change In Working Capital Related Terms

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Eidesvik Offshore ASA (OSL:EIOF) Business Description

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GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Eidesvik Offshore ASA (OSL:EIOF) » Definitions » Change In Working Capital

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EIOFO:Sweden E1V:Germany

Address

Vestvikvegen 1, Bomlo, NOR, NO-5443

Website

https://www.eidesvik.no

Eidesvik Offshore ASA is a Norway based shipping company engaged in offering services in the maritime sector. The group operates ships in the business areas of Seismic, Subsea, Supply and Other. The Seismic segment provides shipping services to customers that produce seismic data. The ships belonging to Seismic segment operates all over the world according to customer needs. The Subsea segment provides shipping services for subsea work for the oil industry and its ships are adapted for work such as underwater inspection, maintenance, and construction. The Supply segment supplies services to the oil industry offshore.

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