Vnet (VNET) Change in Working Capital (2017 - 2024)

Vnet (VNET) reported Change in Working Capital of $20.1 million for Q4 2024, down 93.89% on a YoY basis from $328.7 million in Q1 2024, and up 200.39% sequentially from -$20.0 million in Q3 2024.

Vnet (VNET) Change in Working Capital (2017 - 2024) Analysis & Trends

Vnet (VNET) has 8 years of Change in Working Capital data on file, last reported at $20.1 million in Q4 2024.

  • For the quarter ending Q4 2024, Change in Working Capital fell 93.89% year-over-year to $20.1 million; the trailing twelve-month figure through Dec 2024 stood at $33.1 million (down 91.19% YoY), and the FY2024 full-year result was $20.4 million, down 93.71% from the prior year.
  • Change in Working Capital rose to $20.1 million in Q4 2024, from -$20.0 million in the prior quarter.
  • In the past five years, Change in Working Capital ranged from a high of $328.7 million in Q4 2023 to a low of -$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.
  • Across the five-year window, Change in Working Capital plunged 225.36% in 2021 and jumped 1720.84% in 2023, its largest moves.
  • Tracing VNET's Change in Working Capital over 5 years: stood at $148.5 million in 2020, then slumped 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 plunged by 93.89% to $20.1 million in 2024.
  • Business Quant data shows VNET's Change in Working Capital at $20.1 million in Q4 2024, -$20.0 million in Q3 2024, and $14.0 million in Q2 2024.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Change in Working Capital (Qtr)
1 International Business Machines 203.45 Bn 192.09 Bn 9.91 Bn -
2 Accenture 94.76 Bn 84.59 Bn 6.13 Bn -
3 Cgi 61.46 Bn 60.81 Bn - -128.00 Mn
4 GDS Holdings 48.81 Bn 46.67 Bn 164.04 Mn 2.42 Mn
5 Infosys 47.98 Bn 47.98 Bn 1.60 Bn -
6 Cognizant Technology Solutions 22.55 Bn 21.03 Bn 1.78 Bn -
7 Fidelity National Information Services 22.25 Bn 21.49 Bn 1.11 Bn -
8 Wipro 20.03 Bn 15.85 Bn 738.00 Mn -
9 Cdw 17.85 Bn 17.27 Bn 1.19 Bn -
10 Vnet 11.55 Bn 11.45 Bn 77.27 Mn -

Historic Data

Download Data
DateValue
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