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Trio Petroleum (Trio Petroleum) Change In Working Capital : $-0.13 Mil (TTM As of Jan. 2024)


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What is Trio Petroleum Change In Working Capital?

Trio Petroleum's change in working capital for the quarter that ended in Jan. 2024 was $-0.04 Mil.

Trio Petroleum's change in working capital for the fiscal year that ended in Oct. 2023 was $-0.01 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).

Trio Petroleum Change In Working Capital Historical Data

The historical data trend for Trio Petroleum'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.

Trio Petroleum Change In Working Capital Chart

Trio Petroleum Annual Data
Trend Oct21 Oct22 Oct23
Change In Working Capital
- 0.57 -0.01

Trio Petroleum Quarterly Data
Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24
Change In Working Capital Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.08 0.48 -0.36 -0.21 -0.04

Trio Petroleum Change In Working Capital Calculation

Change In Working Capital for the trailing twelve months (TTM) ended in Jan. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was $-0.13 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 EndedJanuary 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.

* 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.

Trio Petroleum Change In Working Capital Related Terms

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Trio Petroleum (Trio Petroleum) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Trio Petroleum Corp (AMEX:TPET) » Definitions » Change In Working Capital
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Traded in Other Exchanges
N/A
Address
4115 Blackhawk Plaza Circle, Suite 100, Danville, CA, USA, 94506
Website
http://www.triopetro.com
Trio Petroleum Corp is a California-focused oil and gas exploration and development company. It acquires, fund, and operate oil exploration and production from assets in California.
Executives
Gregory L Overholtzer officer: Chief Financial Officer 120 ROSE ORCHARD WAY, SAN JOSE CA 95134
Frank C Ingriselli director, officer: Chief Executive Officer 250 EAST HARTSDALE AVE, HARTSDALE NY 10530
Michael L Peterson director 17 CANARY COURT, DANVILLE CA 94526
John Hunter William director 930 TAHOE BOULEVARD, SUITE 802-16, INCLINE VILLAGE NV 89451
Thomas J Pernice director 227 WEST MONROE, SUITE 3900, CHICAGO IL 60606
Robin A. Ross director C/O TRIO PETROLEUM CORP., 4115 BLACKHAWK PLAZA CIRCLE, SUITE 100, DANVILLE CA 94506
Steve Rowlee officer: Chief Operating Officer C/O TRIO PETROLEUM CORP., 4115 BLACKHAWK PLAZA CIRCLE, SUITE 100, DANVILLE CA 94506
Terry Eschner officer: President C/O TRIO PETROLEUM CORP., 4115 BLACKHAWK PLAZA CIRCLE, SUITE 100, DANVILLE CA 94506
Stanford Eschner director, officer: Executive Chairman C/O TRIO PETROLEUM CORP., 4115 BLACKHAWK PLAZA CIRCLE, SUITE 100, DANVILLE CA 94506
John W. Randall director C/O TRIO PETROLEUM CORP., 4115 BLACKHAWK PLAZA CIRCLE, SUITE 100, DANVILLE CA 94506