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
DateValue
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