SIFCO Industries (SIFCO Industries) Change In Working Capital

: $1.70 Mil (TTM As of Sep. 2023)

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SIFCO Industries's change in working capital for the quarter that ended in Sep. 2023 was $1.37 Mil.

SIFCO Industries's change in working capital for the fiscal year that ended in Sep. 2023 was $1.70 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).

SIFCO Industries Change In Working Capital Historical Data

The historical data trend for SIFCO Industries'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.

SIFCO Industries Annual Data

Trend

Sep14

Sep15

Sep16

Sep17

Sep18

Sep19

Sep20

Sep21

Sep22

Sep23

Change In Working Capital

4.82

-10.54

-1.18

6.00

1.70

SIFCO Industries Quarterly Data
	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23
Change In Working Capital																3.31	1.79	1.50	-2.97	1.37

SIFCO Industries Change In Working Capital Calculation

Change In Working Capital for the trailing twelve months (TTM) ended in Sep. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was $1.70 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 Ended	January 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.

SIFCO Industries Change In Working Capital Related Terms

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SIFCO Industries (SIFCO Industries) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Aerospace & Defense » SIFCO Industries Inc (AMEX:SIF) » Definitions » Change In Working Capital

Comparable Companies

Traded in Other Exchanges

N/A

Address

970 East 64th Street, Cleveland, OH, USA, 44103

Website

https://www.sifco.com

SIFCO Industries Inc is engaged in the production of forgings and machined components for the Aerospace and Energy, Defense and Commercial Space markets. Its processes and services include forging, heat-treating and machining. It serves original equipment manufacturers (OEM) as well as aftermarket customers. Its products are made of steel, stainless steel, titanium and aluminium and include OEM and aftermarket components for aircraft and industrial gas turbine engines, steam turbine blades, structural airframe components, aircraft landing gear components, aircraft wheels and brakes, critical rotating components for helicopters and industrial products. Substantial revenue is derived from North America as well as operates in Europe.

Executives

Wells Norman E Jr.	director	PO BOX 609, AURORA OH 44202
Alayne L Reitman	director	SIFCO INDUSTRIES INC, 970 EAST 64TH STREET, CLEVELAND OH 44103
Peter William Knapper	director, officer: President & CEO	5924 MEDALLION DRIVE, WESTERVILLE OH 43082
Molten Donald C Jr.	director	970 EAST 64TH STREET, CLEVELAND OH 44103
Mark J Silk	director, 10 percent owner	4946 AZUSA CANYON ROAD, IRWINDALE CA 91706
Hudson Smith	director	SIFCO INDUSTRIES INC, 970 EAST 64TH STREET, CLEVELAND OH 44103
Thomas Robert Kubera	officer: Corporate Controller	1327 SPRUCEDALE ROAD, BROADVIEW HEIGHTS OH 44147
Jeffrey P Gotschall	director	SIFCO INDUSTRIES INC, 970 EAST 64TH STREET, CLEVELAND OH 44103
Salvatore Incanno	officer: VP of Finance & CFO	970 E. 64TH ST, CLEVELAND OH 44103
John Sr Chapman	director	970 EAST 64TH STREET, CLEVELAND OH 44103
Dennis Paul Hido	officer: Corporate Controller	21 EMERALD COURT, CANFIELD OH 44406
Catherine Marie Kramer	officer: Vice President-Finance & CFO	14388 CASTLEREAGH LANE, STRONSVILLE OH 44136
Frank N Nichols	director	8646 CARDINAL DRIVE, KIRTLAND OH 44094
Frank A Cappello	officer: Vice President Finance and CFO	SIFCO INDUSTRIES INC, 970 EAST 64TH STREET, CLEVELAND OH 44103
Miller P Charles Jr	director	SIFCO INDUSTRIES INC, 970 EAST 64TH STREET, CLEVELAND OH 44103