NMDC Steel (BOM:543768) Change In Working Capital : ₹-13,620 Mil (TTM As of Mar. 2024)

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What is NMDC Steel Change In Working Capital?

NMDC Steel's change in working capital for the quarter that ended in Mar. 2024 was ₹2,970 Mil.

NMDC Steel's change in working capital for the fiscal year that ended in Mar. 2024 was ₹-13,620 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).

NMDC Steel Change In Working Capital Historical Data

The historical data trend for NMDC Steel'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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NMDC Steel Change In Working Capital Chart

NMDC Steel Annual Data

Trend

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Change In Working Capital

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0.01

-0.01

7,430.00

15,421.60

-13,619.90

NMDC Steel Semi-Annual Data
	Mar18	Mar19	Mar20	Mar21	Mar22	Sep22	Mar23	Sep23	Mar24
Change In Working Capital	Get a 7-Day Free Trial				-	-592.10	16,013.70	-16,590.20	2,970.30

NMDC Steel Change In Working Capital Calculation

Change In Working Capital for the trailing twelve months (TTM) ended in Mar. 2024 adds up the semi-annually data reported by the company within the most recent 12 months, which was ₹-13,620 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.

NMDC Steel Change In Working Capital Related Terms

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NMDC Steel (BOM:543768) Business Description

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NSLNISP:India

Address

Khanij Bhavan, 10-3-311/A, Castle Hills, Masab Tank, Hyderabad, TG, IND, 500028

Website

https://nmdcsteel.nmdc.co.in

NMDC Steel Ltd owns and operates mechanized iron ore mines. The company is producing about 35 MTPA of iron ore from its major iron-producing units in Bailadila Sector in Chhattisgarh and Donimalai.

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