500.com Limited Working Capital

Working Capital of WBAI for past 10 years: annual, quarterly and twelve month trailing (TTM) including Working Capital growth rates and interactive chart. Working capital, also known as net working capital (NWC), is the difference between a company’s current assets, such as cash, accounts receivable (customers’ unpaid bills) and inventories of raw materials and finished goods, and its current liabilities, such as accounts payable. Net operating working capital is a measure of a company's liquidity and refers to the difference between operating current assets and operating current liabilities. In many cases these calculations are the same and are derived from company cash plus accounts receivable plus inventories, less accounts payable and less accrued expenses. Working capital is a measure of a company's liquidity, operational efficiency and its short-term financial health. If a company has substantial positive working capital, then it should have the potential to invest and grow. If a company's current assets do not exceed its current liabilities, then it may have trouble growing or paying back creditors, or even go bankrupt.

Highlights and Quick Summary

  • Working Capital for the quarter ending September 29, 2020 was $43.2 Million (a 1.04% increase compared to previous quarter)
  • Year-over-year quarterly Working Capital decreased by -14.78%
  • Annual Working Capital for 2020 was $40.2 Million (a -20.78% decrease from previous year)
  • Annual Working Capital for 2019 was $50.7 Million (a -30.5% decrease from previous year)
  • Annual Working Capital for 2018 was $73 Million (a -15.35% decrease from previous year)
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Historical Working Capital of 500.com Limited

Most recent Working Capitalof WBAI including historical data for past 10 years.

Interactive Chart of Working Capital of 500.com Limited

500.com Limited Working Capital for the past 10 Years (both Annual and Quarterly)

(All values are in $ million)

Year Q1 Q2 Q3 Q4 Fiscal Year
2020 $43.23 $42.79 $47.93 $40.19
2019 $50.73 $57.01 $63.71 $68.81 $50.73
2018 $73.0 $80.83 $86.81 $93.54 $73.0
2017 $86.24 $98.52 $158.55 $210.71 $86.24
2016 $215.69 $241.48 $248.26 $224.41 $215.69
2015 $239.94 $275.83 $284.05 $171.09 $239.94
2014 $177.05 $166.96 $152.68 $134.1 $177.05
2013 $130.72 $12.92 $10.29 $130.72
2012 $7.81 $7.81

Business Profile of 500.com Limited

Sector: Consumer Cyclical
Industry: Gambling
500.com Limited, through its subsidiaries, provides online gaming services primarily in the People's Republic of China and Europe. It operates online gaming sites, such as Multilotto.com, Multilotto.net, multilotto.co.uk, and multilotto.ie; and provides users with various casino services, including online slot machines and online table games, as well as secondary lottery services. The company also operates a sports information portal and a mobile application, which comprise real time soccer match information and data-driven soccer match predictions, as well as allows users to post free or pay-per-view contents, such as observations and analyses on the sports information portal; and provides a pay-service, which offers users the ability to connect with independent sports experts to obtain information on specific sporting matches. In addition, it operates a platform to provide customers with online spot commodity trading for gold trade and delay products across PC and mobile devices. The company was formerly known as 500wan.com Limited and changed its name to 500.com Limited in October 2013. 500.com Limited was founded in 2001 and is headquartered in Shenzhen, the People's Republic of China.