GURUFOCUS.COM » STOCK LIST » Industrials » Transportation » Singularity Future Technology Ltd (NAS:SGLY) » Definitions » Change In Working Capital

Singularity Future Technology (Singularity Future Technology) Change In Working Capital : $-0.08 Mil (TTM As of Mar. 2024)


View and export this data going back to 2008. Start your Free Trial

What is Singularity Future Technology Change In Working Capital?

Singularity Future Technology's change in working capital for the quarter that ended in Mar. 2024 was $2.51 Mil.

Singularity Future Technology's change in working capital for the fiscal year that ended in Jun. 2023 was $-14.28 Mil.

It is calculated by adding the items under "Change in operating assets and liabilities" (may refer to a different name for different company) section in Cash Flow Statement. Not by calculating the number changes in each periods' working capital (Total Current Assets minus Total Current Liabilities).


Singularity Future Technology Change In Working Capital Historical Data

The historical data trend for Singularity Future Technology's Change In Working Capital can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Singularity Future Technology Change In Working Capital Chart

Singularity Future Technology Annual Data
Trend Jun14 Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23
Change In Working Capital
Get a 7-Day Free Trial Premium Member Only Premium Member Only -4.70 -3.34 -2.93 14.52 -14.28

Singularity Future Technology Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Change In Working Capital Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only -0.39 -0.04 0.14 -2.69 2.51

Singularity Future Technology Change In Working Capital Calculation

Change In Working Capital for the trailing twelve months (TTM) ended in Mar. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was $-0.08 Mil.

Working Capital is a measure of a company's short term liquidity or its ability to cover short term liabilities. It is defined as the difference between a company's current assets and current liabilities.

Changes in Working Capital is reported in the cash flow statement since it is one of the major ways in which net income can differ from operating cash flow. It is calculated by adding the items under "Change in operating assets and liabilities" (may refer to a different name for different company) section in Cash Flow Statement.

Use Wal-Mart Stores Inc (Jan 2014, Annual Data) as an example: Source: Wal-Mart Stores Inc 2014-01-31 10-K from SEC

Consolidated Statements of Cash Flows Fiscal Years EndedJanuary 31,(Amounts in millions)
Cash flows from operating activities: 2014 2013 2012
Changes in certain assets and liabilities, net of effects of acquisitions:
Receivables, net (566) (614) (796)
Inventories (1,667) (2,759) (3,727)
Accounts payable 531 1,061 2,687
Accrued liabilities 103 271 (935)
Accrued income taxes (1,224) 981 994

For 2014-01-31, add all the items under 2014 collum together, Change in Working Capital was (566) + (1,667) + 531 + 103 + (1,224) = $ (2,823) Mil.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Singularity Future Technology Change In Working Capital Related Terms

Thank you for viewing the detailed overview of Singularity Future Technology's Change In Working Capital provided by GuruFocus.com. Please click on the following links to see related term pages.


Singularity Future Technology (Singularity Future Technology) Business Description

Traded in Other Exchanges
N/A
Address
98 Cutter Mill Road, Suite 311, Great Neck, NY, USA, 11021
Singularity Future Technology Ltd is an investment holding company. The company's operating segment includes Freight Logistics Services and Sale of Crypto-mining Machines. It generates maximum revenue from the Freight Logistics Services segment. Geographically, it derives a majority of its revenue from China.
Executives
Zhongliang Xie director SINGULARITY FUTURE TECHNOLOGY LTD., 98 CUTTER MILL ROAD, SUITE 322, GREAT NECK NY 11021
Ying Cao officer: CFO SINGULARITY FUTURE TECHNOLOGY LTD., 98 CUTTER MILL ROAD, SUITE 322, GREAT NECK NY 11021
Ling Jiang director SINGULARITY FUTURE TECHNOLOGY LTD., 98 CUTTER MILL ROAD, SUITE 322, GREAT NECK NY 11201
Haotian Song director, officer: Voce President SINGULARITY FUTURE TECHNOLOGY LTD., 98 CUTTER MILL ROAD, SUITE 322, GREAT NECK NY 11201
Dianjiang Wang officer: CFO SINGULARITY FUTURE TECHNOLOGY LTD., 98 CUTTER MILL ROAD, SUITE 322, GREAT NECK NY 11201
Ziyuan Liu director, officer: Chairman of the Board and CEO SINGULARITY FUTURE TECHNOLOGY LTD., 98 CUTTER MILL ROAD, SUITE 322, GREAT NECK NY 11201
Yang Jie director, officer: Chief Executive Officer 108 WOOLEYS LN, GREAT NECK NJ 11023
Jing Shan officer: Chief Operating Officer 9 AVE AT PORT IMPERIAL, UNITE 622, WEST NEW YORK NJ 07093
Shi Qiu officer: Chief Technology Officer 67B 157 WEST 57 STREET, NEW YORK NY 10019
Heng Wang director 16-017, 85 BROAD STREET, NEW YORK NY 10004
Lei Nie officer: Vice President 49 ELMTREE LANE, JERICHO NY 11753
Xiaohuan Huang director GRAND TWO 131-03 40TH RD, FLUSHING NY 11354
Junfeng Xu director RM802, JUYUANBEILI, DAHONGMEN RD., FENGTAI DIST., BEIJING F4 100076
Jianming Li director RM102 NO.77 BAO GANG SI CUN, YOUYI RD, BAOSHAN DISTRICT, SHANGHAI F4 201999
Jing Wang director 36-09 MAIN STREET, SUITE 9C-2, FLUSHING NY 11354

Singularity Future Technology (Singularity Future Technology) Headlines

From GuruFocus