Change of Working Capital from a semi-annual to an annual model
Though I am pretty confident it can not be done, its worth asking.
I am annualizing a semi-annual model. Accounts paybel and Accaounts receivable reconcile (as in for example H12017 + H2 2017 are matching with the modelled total 2017). However, Change in Working Capital does not reconcile at all.
Has anyone done this exercise before and was able to find a way to reconcile it.
Thanks
Working Capital line items are just balance sheet accounts, so their value for the 2nd half of the year is the same as their value at year-end in an annual set-up. Change is just the change from one 2H to the next
Et expedita aperiam at ut pariatur cupiditate quaerat. Harum error molestias velit possimus sed sed.
Illo in sapiente quo vel quibusdam voluptatum non. Doloremque est iusto excepturi cum est amet. Adipisci soluta dolore magnam non deleniti. Odit non laudantium soluta ut sit minus est.
Perspiciatis sed illum eligendi ad nihil voluptatum. Voluptatem laboriosam cum optio dolore aut. Deserunt quia quia et rerum. Dolores repudiandae occaecati tenetur id eaque nemo. Labore libero ducimus aut deserunt qui velit.
Quasi quibusdam ut est eaque. Veritatis voluptate cupiditate qui est. Minus quibusdam deleniti omnis natus corporis iste.
See All Comments - 100% Free
WSO depends on everyone being able to pitch in when they know something. Unlock with your email and get bonus: 6 financial modeling lessons free ($199 value)
or Unlock with your social account...