Smith-Midland (Smith-Midland) Change In Working Capital

: $-3.20 Mil (TTM As of Sep. 2023)

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

Smith-Midland's change in working capital for the quarter that ended in Sep. 2023 was $0.68 Mil.

Smith-Midland's change in working capital for the fiscal year that ended in Dec. 2022 was $-10.89 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).

Smith-Midland Change In Working Capital Historical Data

The historical data trend for Smith-Midland'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.

Smith-Midland Annual Data

Trend

Dec13

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Change In Working Capital

Get a 7-Day Free Trial

5.26

-0.62

1.76

1.83

-10.89

Smith-Midland 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	Get a 7-Day Free Trial															-1.43	-4.35	-2.33	2.80	0.68

Smith-Midland 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 $-3.20 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.

Smith-Midland Change In Working Capital Related Terms

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

Smith-Midland (Smith-Midland) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Building Materials » Smith-Midland Corp (NAS:SMID) » Definitions » Change In Working Capital

Comparable Companies

Traded in Other Exchanges

N/A

Address

5119 Catlett Road, P.O. Box 300, Midland, VA, USA, 22728

Website

https://www.smithmidland.com

Smith-Midland Corp through its subsidiaries invents, develops, manufactures, markets sells and installs precast concrete products for primary use in the construction, highway, utilities and farming industries. The firm's customers are general contractors and federal, state and local transportation authorities. Its products include Slenderwall, JJhooks, Softsound, Sierra wall and Easi set. A substantial portion of the company's business is derived from local, state and federal building projects. The company generates revenues primarily from the sale, leasing, licensing, shipping, and installation of precast concrete products for the construction, utility and farming industries.

Executives

Wesley A Taylor	director, officer: Vice President	C/O SMITH MIDLAND CORP, 5119 CATLETT ROAD, MIDLAND VA 22728
Stephanie Poe	officer: Chief Financial Officer	5119 CATLETT ROAD, MIDLAND VA 22728
Ashley B Smith	director, officer: Vice President	C/O SMITH MIDLAND CORP, 5119 CATLETT ROAD, MIDLAND VA 22728
Rodney I Smith	director, officer: Chief Executive Officer	C/O SMITH MIDLAND CORP, 5119 CATLETT ROAD, MIDLAND VA 22728
Adam Jay Krick	officer: Chief Financial Officer	5119 CATLETT ROAD, MIDLAND VA 22728
James Russell Bruner	director	5119 CATLETT ROAD, MIDLAND VA 22728
Richard Gerhardt	director	5229 CATLETT ROAD, MIDLAND VA 20728
Russell Frederick L. Jr.	10 percent owner	1801 LIBBIE AVENUE, SUITE 201, RICHMOND VA 23226
Virginia Capital Partners, Llc	10 percent owner	1801 LIBBIE AVENUE, SUITE 201, RICHMOND VA 23226
Virginia Capital Partners Ii, Llc	10 percent owner	1801 LIBBIE AVENUE, SUITE 201, RICHMOND VA 23226
Virginia Capital Ii, Lp	10 percent owner	1801 LIBBIE AVENUE, SUITE 201, RICHMOND VA 23226
Tall Cotton Partners, Llc	10 percent owner	1801 LIBBIE AVENUE, SUITE 201, RICHMOND VA 23226
Gerhard E Borst	director	5119 CATLETT ROAD, MIDLAND VA 22728
David W Wright	10 percent owner
Canine Partners Llc	10 percent owner	255 SO 17TH ST, SUITE 2501, PHILADELPHIA PA 19103