OFS Capital (OFS Capital) Change In Working Capital : $-0.66 Mil (TTM As of Mar. 2024)

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What is OFS Capital Change In Working Capital?

OFS Capital's change in working capital for the quarter that ended in Mar. 2024 was $-2.04 Mil.

OFS Capital's change in working capital for the fiscal year that ended in Dec. 2023 was $-0.17 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).

OFS Capital Change In Working Capital Historical Data

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

OFS Capital Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Change In Working Capital

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6.85

-0.85

-10.73

2.50

-0.17

OFS Capital 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															-1.55	1.36	-1.53	1.55	-2.04

OFS Capital 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 $-0.66 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.

OFS Capital Change In Working Capital Related Terms

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OFS Capital (OFS Capital) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » OFS Capital Corp (NAS:OFS) » Definitions » Change In Working Capital

Comparable Companies

Traded in Other Exchanges

9UD:Germany

Address

10 South Wacker Drive, Suite 2500, Chicago, IL, USA, 60606

Website

https://www.ofscapital.com

OFS Capital Corp is an externally managed, closed-end, non-diversified management investment company. Its business objective is to generate current income and capital appreciation by investing primarily in middle-market companies in the United States. The company focuses on investments in senior secured loans, including first lien, second lien, and unitranche loans, as well as subordinated loans and, to a lesser extent, warrants, and other equity securities.

Executives

Kyle Spina	officer: Chief Accounting Officer	10 S. WACKER DR, SUITE 2500, CHICAGO IL 60606
Orchard First Source Asset Management Holdings, Llc	10 percent owner	10 SOUTH WACKER, SUITE 2500, CHICAGO IL 60606
Ross Teune	officer: Chief Accounting Officer	150 SOUTH WACKER DRIVE, SUITE 800, CHICAGO IL 60606
Ashwin Ranganathan	director	4700 WILSHIRE BLVD, LOS ANGELES CA 90010
Orchard Investments, Llc	10 percent owner	4700 WILSHIRE BLVD., LOS ANGELES CA 90010
Romita Shetty	director	70 E 55TH STREET, FLOOR 21, NEW YORK NY 10022
Mukya Porter	officer: Chief Compliance Officer	4700 WILSHIRE BOULEVARD, LOS ANGELES CA 90010
Jeffery S. Owen	officer: Chief Accounting Officer	C/O OFS CAPITAL CORPORATION, 10 S. WACKER DRIVE, SUITE 2500, CHICAGO IL 60606
Richard S Ressler	10 percent owner	C/O J2 GLOBAL COMMUNICATIONS, INC., 6922 HOLLYWOOD BLVD, 5TH FLOOR, LOS ANGELES CA 90028
Jeffrey A Cerny	officer: CFO and Treasurer	10 SOUTH WACKER DRIVE, SUITE 2500, CHICAGO IL 60606
Bilal Rashid	director	10 SOUTH WACKER DRIVE, SUITE 2500, CHICAGO IL 60606
Elaine Healy	director
Oi3 2019 Trust	10 percent owner	4700 WILSHIRE BOULEVARD, LOS ANGELES CA 90010
Oi3, Llc	10 percent owner	4700 WILSHIRE BOULEVARD, LOS ANGELES CA 90010
Eric P. Rubenfeld	officer: Chief Compliance Officer	2850 WEST GOLF ROAD, 5TH FLOOR, ROLLING MEADOWS IL 60008