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Huddlestock Fintech AS (OSL:HUDL) Change In Working Capital : kr5.85 Mil (TTM As of Dec. 2023)


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What is Huddlestock Fintech AS Change In Working Capital?

Huddlestock Fintech AS's change in working capital for the quarter that ended in Dec. 2023 was kr2.39 Mil.

Huddlestock Fintech AS's change in working capital for the fiscal year that ended in Dec. 2023 was kr-0.67 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).


Huddlestock Fintech AS Change In Working Capital Historical Data

The historical data trend for Huddlestock Fintech AS'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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Huddlestock Fintech AS Change In Working Capital Chart

Huddlestock Fintech AS Annual Data
Trend Dec19 Dec20 Dec21 Dec22 Dec23
Change In Working Capital
-5.19 1.58 2.77 -3.22 -0.67

Huddlestock Fintech AS Quarterly Data
Jun19 Dec19 Jun20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Jun23 Sep23 Dec23
Change In Working Capital Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 7.36 -2.64 - 3.46 2.39

Huddlestock Fintech AS Change In Working Capital Calculation

Change In Working Capital for the trailing twelve months (TTM) ended in Dec. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was kr5.85 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.


Huddlestock Fintech AS Change In Working Capital Related Terms

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Huddlestock Fintech AS (OSL:HUDL) Business Description

Traded in Other Exchanges
Address
Kanalsletta 2, Stavanger, NOR, 4033
Huddlestock Fintech AS is a wealth and asset management technology company. The company develops software as a service solution for digitizing work processes for custody banks, asset managers, and retail trading venues. The data-centric platform offers customers a differentiated real-time product that reduces cost and increases efficiency. Its Fintech technology enables end-to-end digital services such as onboarding, client communication, reporting, order execution, and portfolio management, all executed on the same platform. It has two main products: Apex (Custody) and Bedrock (Connectivity).

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