Vnet (VNET) Change in Working Capital (2017 - 2024)
Vnet (VNET) posted Change in Working Capital of $20.1 million for Q4 2024, up 200.39% sequentially from -$20.0 million in Q3 2024, and down 93.89% YoY from $328.7 million in Q1 2024.
Vnet (VNET) Change in Working Capital (2017 - 2024) Analysis & Trends
Vnet has reported Change in Working Capital for 8 years, with the latest figure at $20.1 million in Q4 2024.
- Quarterly Change in Working Capital fell 93.89% year-over-year to $20.1 million in Q4 2024, while the trailing twelve-month figure through Dec 2024 was $33.1 million (down 91.19% YoY) and the FY2024 annual result came in at $20.4 million, down 93.71% from the prior year.
- Change in Working Capital rose to $20.1 million in Q4 2024 per VNET's latest filing, from -$20.0 million in the prior quarter.
- Over five years, Change in Working Capital peaked at $328.7 million in Q4 2023 and troughed at -$53.4 million in Q2 2021.
- A 5-year average of $32.0 million and a median of $17.9 million in 2023 frame the typical range for Change in Working Capital.
- The sharpest annual moves came in 2021 and 2023: Change in Working Capital slumped 225.36% in 2021, then soared 1720.84% in 2023.
- Over 5 years, Change in Working Capital stood at $148.5 million in 2020, then sank by 124.19% to -$35.9 million in 2021, then soared by 43.53% to -$20.3 million in 2022, then jumped by 1720.84% to $328.7 million in 2023, then tumbled by 93.89% to $20.1 million in 2024.
- According to Business Quant data, Change in Working Capital over the past three periods registered $20.1 million, -$20.0 million, and $14.0 million for Q4 2024, Q3 2024, and Q2 2024 respectively.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Change in Working Capital (Qtr) |
|---|---|---|---|---|---|
| 1 | International Business Machines | 222.17 Bn | 210.81 Bn | 9.91 Bn | - |
| 2 | Accenture | 113.08 Bn | 102.91 Bn | 6.13 Bn | - |
| 3 | Infosys | 48.61 Bn | 48.61 Bn | 1.60 Bn | - |
| 4 | Cgi | 33.08 Bn | 32.62 Bn | - | -26.19 Mn |
| 5 | Cognizant Technology Solutions | 28.83 Bn | 27.78 Bn | 1.83 Bn | - |
| 6 | Fidelity National Information Services | 21.35 Bn | 20.61 Bn | 1.17 Bn | - |
| 7 | Broadridge Financial Solutions | 21.18 Bn | 20.78 Bn | 853.00 Mn | - |
| 8 | Wipro | 19.66 Bn | 18.59 Bn | 738.00 Mn | - |
| 9 | Leidos Holdings | 17.81 Bn | 17.07 Bn | 817.00 Mn | - |
| 10 | Vnet | 1.81 Bn | 977.53 Mn | 77.27 Mn | - |
Historic Data
Download Data| Date | Value |
|---|---|
| Dec 31, 2024 | 20.07 Mn |
| Dec 31, 2024 | 20.07 Mn |
| Sep 30, 2024 | -19.99 Mn |
| Sep 30, 2024 | -19.99 Mn |
| Jun 30, 2024 | 14.02 Mn |
| Jun 30, 2024 | 14.02 Mn |
| Mar 31, 2024 | 19.02 Mn |
| Mar 31, 2024 | 19.02 Mn |
| Dec 31, 2023 | 328.71 Mn |
| Dec 31, 2023 | 328.71 Mn |
| Sep 30, 2023 | 17.91 Mn |
| Sep 30, 2023 | 17.91 Mn |
| Jun 30, 2023 | 49.34 Mn |
| Jun 30, 2023 | 49.34 Mn |
| Mar 31, 2023 | -19.91 Mn |
| Mar 31, 2023 | -19.91 Mn |
| Dec 31, 2022 | -20.28 Mn |
| Dec 31, 2022 | -20.28 Mn |
| Sep 30, 2022 | 61.42 Mn |
| Sep 30, 2022 | 61.42 Mn |