Hello,
I am a student from belgium and i have a question about the change in working capital on the cash flow statement and the balance sheet.
When you look at the cashflow statement of PCP(precision parts)(http://www.gurufocus.com/financials/PCP) then the change in inventory for the year 2013 is 218. But when you calculate the change of the inventory on the balance sheet between 2012 and 2013 the result is 1165.
Balance sheet cashflowstatement
inventory inventory 2013
2012 2013
1815 2980 -218
Shouldn't the difference on the balance sheet be the same as the number on the cash flow statement.
thx in advance
I am a student from belgium and i have a question about the change in working capital on the cash flow statement and the balance sheet.
When you look at the cashflow statement of PCP(precision parts)(http://www.gurufocus.com/financials/PCP) then the change in inventory for the year 2013 is 218. But when you calculate the change of the inventory on the balance sheet between 2012 and 2013 the result is 1165.
Balance sheet cashflowstatement
inventory inventory 2013
2012 2013
1815 2980 -218
Shouldn't the difference on the balance sheet be the same as the number on the cash flow statement.
thx in advance