Need help with figuring out WC
Hi everyone
I'm trying to figure out how WC is calculated and it absolutely does not match anything I can get. Current assets and liab + operating CF from company's report are below (lowercase are subitems).
CASH 16 24
A/R 10 16
INV 315 461
raw mat 35 37
work in prog 8 8
finished goods 278 425
other inv (4) (7)
PREP EXP 3 4
ST MISC 12 10
A/P 70 120
ACC TAX 20 23
OTHER PAY, ACC 10 35
ST BORROW 15 7
ST LEASE LIAB 2 3
CURRENT PORT OF LT 20 22
DEFERRED REV 4 9
MISC ST LIAB 8 11
cash from operations :
NET INC 54
D&A 17
NON CASH (1)
CHG IN WC (21)
chg in a/r -
chg in inv (48)
chg in a/p -
chg in other (27)
CASH FROM OP = 49
For instance inventory makes no sense at all.... also no change in a/r or a/p seems to be recorded. Even if I ignore the subitems and focus on getting (21) I dont manage.
Any help or direction would be greatly appreciated.
Ullam in accusantium libero eum ullam. Dolore velit facere temporibus qui. Inventore sed commodi et eum ipsam et commodi.
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