Gerdau (GGB) Change in Working Capital (2009 - 2014)
Gerdau (GGB) reported Change in Working Capital of $318.0 million for Q2 2014, up 71.25% on a YoY basis from $185.7 million in Q2 2013, and down 18.8% quarter-over-quarter from $391.6 million in Q4 2013.
Gerdau (GGB) Change in Working Capital (2009 - 2014) Analysis & Trends
Gerdau has reported Change in Working Capital for 5 years, with the latest figure at $318.0 million in Q2 2014.
- For the quarter ending Q2 2014, Change in Working Capital rose 71.25% year-over-year to $318.0 million; the trailing twelve-month figure through Jun 2014 stood at $1.1 billion (up 188.12% YoY), and the FY2013 full-year result was $391.6 million, up 104.47% from the prior year.
- Change in Working Capital for Q2 2014 stood at $318.0 million, down from $391.6 million in the prior quarter.
- The five-year high for Change in Working Capital was $6.0 billion in Q2 2010, with the low at $185.7 million in Q2 2013.
- Historically, Change in Working Capital has averaged $1.4 billion across 4 years, with a median of $318.0 million in 2014.
- Annual changes were most pronounced in 2010 — Change in Working Capital rose 19.44% — and 2013, when it jumped 104.47%.
- Gerdau's Change in Working Capital stood at $6.0 billion in 2010, then tumbled by 96.81% to $191.5 million in 2012, then jumped by 104.47% to $391.6 million in 2013, then declined by 18.8% to $318.0 million in 2014.
- The last three Change in Working Capital figures came in at $318.0 million (Q2 2014), $391.6 million (Q4 2013), and $185.7 million (Q2 2013), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Change Working Cap. (Qtr) |
|---|---|---|---|---|---|
| 1 | Ternium | 94.27 Bn | 84.31 Bn | 686.87 Mn | -233.10 Mn |
| 2 | Nucor | 58.23 Bn | 56.84 Bn | 1.50 Bn | - |
| 3 | ArcelorMittal | 51.15 Bn | 48.81 Bn | - | -1.52 Bn |
| 4 | Steel Dynamics | 38.88 Bn | 38.02 Bn | 763.22 Mn | - |
| 5 | Reliance | 20.36 Bn | 20.12 Bn | 1.17 Bn | - |
| 6 | Cleveland-Cliffs | 7.71 Bn | 7.86 Bn | -82.00 Mn | - |
| 7 | Algoma Steel | 2.77 Bn | 2.77 Bn | -92.32 | - |
| 8 | National Steel | 2.24 Bn | -552.84 Mn | 479.33 Mn | 5.91 Mn |
| 9 | Worthington Steel | 2.07 Bn | 2.07 Bn | 76.10 Mn | - |
| 10 | Gerdau | 21.17 Mn | -1.11 Bn | 435.85 Mn | - |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2014 | 318.00 Mn |
| Jun 30, 2014 | 318.00 Mn |
| Dec 31, 2013 | 391.64 Mn |
| Dec 31, 2013 | 391.64 Mn |
| Jun 30, 2013 | 185.69 Mn |
| Jun 30, 2013 | 185.69 Mn |
| Dec 31, 2012 | 191.54 Mn |
| Dec 31, 2012 | 191.54 Mn |
| Jun 30, 2010 | 6.00 Bn |
| Jun 30, 2010 | 6.00 Bn |
| Jun 30, 2009 | 5.02 Bn |
| Jun 30, 2009 | 5.02 Bn |