Operating Working Capital means, at any date, (A) the sum of (i) Prepaid Domain Registry Fees and (ii) the amount of assets that would, in conformity with GAAP, be included within the consolidated balance sheet and the changes in which, in whole or part, would be reflected in the cash provided (or used by) operating activities within the statement of cash flows minus (B) the sum of (i) Deferred Revenue and (ii) the amount of liabilities that would, in conformity with GAAP, be included within the consolidated balance sheet and the changes in which, in whole or part, would be reflected in the cash provided (or used by) operating activities within the statement of cash flows; provided that Operating Working Capital shall be determined excluding the effects of acquisition method accounting; provided further that Operating Working Capital shall exclude any amounts at such date in respect of (x) current and deferred income taxes, (ii) Indebtedness and the interest thereon and (iii) interest income earned but not yet received.
Operating Working Capital as of any date shall mean the difference between current assets (excluding cash and investments, interest and tax accounts) and current liabilities (excluding debt, interest and tax accounts). Accrued liabilities related to restructuring charges added back for the purposes of computing EBITDA are also excluded from current liabilities to compute Operating Working Capital.
Operating Working Capital means , at any date, (A) the sum of (i) Prepaid Domain Registry Fees and (ii) the amount of assets that would, in conformity with GAAP, be included within the consolidated balance sheet and the changes in which, in whole or part, would be reflected in the cash provided (or used by) operating activities within the statement of cash flows minus (B) the sum of (i) Deferred Revenue and (ii) the amount of liabilities that would, in conformity with GAAP, be included within the consolidated balance sheet and the changes in which, in whole or part, would be reflected in the cash provided (or used by) operating activities within the statement of cash flows; provided that Operating Working Capital shall be determined excluding the effects of acquisition method accounting; provided further that Operating Working Capital shall exclude any amounts at such date in respect of (x) current and deferred income taxes, (ii) Indebtedness and the interest thereon and (iii) interest income earned but not yet received.
Examples of Operating Working Capital in a sentence
Net Operating Working Capital Fluctuation DateDebtorsCreditorsNOWC4-1-2016€12.964.872€Appendix XII.
Since the Net Operating Working Capital is often seen as unreliable, because it is a moment in time, the Net Operating Working Capital of each month can be found in Figure 3.3. A more detailed overview of the debtors and creditors can be found in Appendix XI.Figure 3.3 Net Operating Working Capital Fluctuation As the figure shows, the Net Operating Working Capital is relatively stable over the year, except for seasonality during the summer start in June and in December during the holidays.
The sum of these invoices equals the Net Operating Working Capital.
Net Operating Working CapitalBy extracting and reviewing all outstanding debtors and creditors of Nedcargo on 31-12-2016 from Exact Financials, the Net Operating Working Capital is calculated, see Table 3.2 (Exact Holding B.V., 2017) (Groenendijk, Excel 2013, 2014) (Groenendijk, Databases & Access 2013, 2014) (Klene-Langerak, 2017) (Heezen, 2012) (R.
Despite the negative Net Working Capital, the Net Operating Working Capital is around €6.8 million.
More Definitions of Operating Working Capital
Operating Working Capital is Boise's current assets minus current liabilities, excluding cash and short-term investments, income tax-related items, and debt.
Operating Working Capital means the Operating Working Capital of the Business Entities determined as reflected in the line entitled "CR15297 Operating Working Capital" on the balance sheet report (in management format) attached hereto as Schedule 2.14. The Closing Date Operating Working Capital Calculation shall be prepared in the same manner, consistent with past practice, and based on the same items, as the Operating Working Capital of the Business Entities has historically been prepared. Between the date hereof and the Closing Date, the Business Entities shall, and Diageo shall cause the Business Entities to, manage Operating Working Capital in the ordinary course of business and consistent with past practice, and shall not take any action for the purpose of changing the calculation of Operating Working Capital.
Operating Working Capital means the sum of US$ 25 million, composed by the entries of the Pro-Forma Balance Sheet, including but not limited to (i) accounts receivable, plus inventory and other current assets, less (ii) accounts payable, salary and contributions and other liabilities. For purposes hereof, “accounts payable” shall include any accrued labor provisions relating to the Business Employees.
Operating Working Capital means Trade Receivables plus Total Inventory less absolute Trade Accounts Payable as reported internally. Operating Working Capital may be adjusted, in the Committee’s discretion, for any impact of acquisitions, divestitures, and/or the effect of changes in tax laws, accounting principles or other laws or provisions affecting reported results.
Operating Working Capital means, as of the relevant date, an amount equal to (i) cash and cash equivalents of the Business plus (ii) the sum of the value of (A) the accounts receivable of the Business (net of reserves for bad debts), (B) the inventory of the Business (net of reserves for slow moving and obsolete items) and (C) prepaid expenses of the Business minus (iii) the sum of (A) the accounts payable of the Business and (B) the accrued expenses of the Business, in each case, determined in accordance with the Accounting Principles and as recorded on the balance sheet as of such date.
Operating Working Capital means, as of the date of determination, the excess of Consolidated Current Assets over Consolidated Current Liabilities.
Operating Working Capital means, at any date, (A) the sum of (i) Prepaid Domain Registry Fees and (ii) the amount of assets that would, in conformity with GAAP, be included within the consolidated balance sheet and the changes in which, in whole or part, would be reflected in the cash provided (or used by) operating activities within the statement of cash flows minus (B) the sum of (i) Deferred Revenue and (ii) the amount of liabilities that would, in conformity with GAAP, be included within the consolidated balance sheet and the changes in which, in whole or part, would be reflected in the cash provided (or used by) operating activities within the statement of cash flows; provided that Operating Working Capital shall be determined excluding the effects of acquisition method accounting; provided further that Operating Working Capital shall exclude any amounts at such date in respect of (x) current and deferred income taxes, (ii) Indebtedness and the interest thereon and (iii) interest income earned but not yet received. “Original Revolving Credit Commitments” shall mean all Revolving Credit Commitments, Existing Revolving Credit Commitments, and Extended Revolving Credit Commitments, other than any New Revolving Credit Commitments (and any Extended Revolving Credit Commitments related thereto). “Other Taxes” shall mean all present or future stamp, registration, court or documentary Taxes or any other excise, property, intangible, mortgage recording, filing or similar Taxes arising from any payment made hereunder or under any other Credit Document or from the execution, delivery, performance, enforcement or registration of, or otherwise with respect to, this Agreement or any other Credit Document; provided that such term shall not include (i) any Taxes that result from an assignment, grant of a participation -56- pursuant to Section 13.6(c) or transfer or assignment to or designation of a new lending office or other office for receiving payments under any Credit Document (“Assignment Taxes”) to the extent such Assignment Taxes are imposed as a result of a connection between the assignor/participating Lender and/or the assignee/Participant and the taxing jurisdiction (other than a connection arising solely from any Credit Documents or any transactions contemplated thereunder), except to the extent that any such action described in this proviso is requested or required by the Borrowers or Holdings or (ii)