Increase Decrease In Other Working Capital (Historical)
Returns the increase or decrease in other working capital items for a company from its cash flow statement. This is a catch-all line item for working capital changes not separately disclosed.
Understanding the Metric
This line item captures:
- Changes in miscellaneous current assets/liabilities
- Adjustments not classified as receivables, payables, or inventory
- Other operating asset/liability movements
Negative value typically indicates cash was used (working capital increased). Positive value typically indicates cash was provided (working capital decreased).
Parameters
| Parameter | Description |
|---|---|
| Symbol | Stock ticker (e.g., AAPL, MSFT) |
| Year | Fiscal year or period code (lq, ly, lq-1, ly-1, lt, lt-1) |
| Quarter | Optional: 1, 2, 3, or 4 (default: 1) |
| TTM | Optional: "TTM" for trailing twelve months |
Period Codes
| Code | Meaning |
|---|---|
| lq | Last reported quarter |
| lq-1 | Quarter before last |
| ly | Last fiscal year |
| ly-1 | Year before last |
| lt | Last trailing twelve months |
| lt-1 | Prior trailing twelve months |
Examples
=hf_Increase_Decrease_in_other_working_capital("AAPL", 2023, 4)=hf_Increase_Decrease_in_other_working_capital("MSFT", "ly")=hf_Increase_Decrease_in_other_working_capital("GOOGL", 2023, , "TTM")=hf_Increase_Decrease_in_other_working_capital(A1, B1, C1)=hf_Increase_Decrease_in_other_working_capital("AMZN", "lq")When to Use
- Reconciling cash flow from operations
- Analyzing unexplained working capital changes
- Building detailed cash flow models
- Understanding complete working capital picture
- Identifying unusual working capital items
When NOT to Use
Common Issues & FAQ
Q: What exactly is included in "other working capital"? A: This is a residual category that captures working capital changes not separately disclosed. The contents vary by company and can include prepaid expenses, accrued liabilities, deferred items, and other operating assets/liabilities.
Q: Why is this amount sometimes very large? A: Companies with complex operations or those undergoing significant changes may have large "other" working capital movements. Review the company's footnotes for details.
Q: How does this relate to total working capital change? A: The sum of receivables, payables, inventory, and other working capital changes should approximate the total working capital change shown in the cash flow statement.
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