Universal Technical Institute (Universal Technical Institute) Change In Working Capital : $-25.3 Mil (TTM As of Dec. 2023)

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What is Universal Technical Institute Change In Working Capital?

Universal Technical Institute's change in working capital for the quarter that ended in Dec. 2023 was $-14.2 Mil.

Universal Technical Institute's change in working capital for the fiscal year that ended in Sep. 2023 was $-22.7 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).

Universal Technical Institute Change In Working Capital Historical Data

The historical data trend for Universal Technical Institute'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.

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Universal Technical Institute Change In Working Capital Chart

Universal Technical Institute Annual Data

Trend

Sep14

Sep15

Sep16

Sep17

Sep18

Sep19

Sep20

Sep21

Sep22

Sep23

Change In Working Capital

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10.69

-37.73

7.45

-18.76

-22.70

Universal Technical Institute Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Change In Working Capital	Get a 7-Day Free Trial															-11.62	-27.91	-13.72	30.55	-14.19

Universal Technical Institute Change In Working Capital Calculation

Change In Working Capital for the trailing twelve months (TTM) ended in Dec. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was $-25.3 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.

Universal Technical Institute Change In Working Capital Related Terms

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Universal Technical Institute (Universal Technical Institute) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Education » Universal Technical Institute Inc (NYSE:UTI) » Definitions » Change In Working Capital

Comparable Companies

Traded in Other Exchanges

UTI:Germany UTI:Germany

Address

4225 East Windrose Drive, Suite 200, Phoenix, AZ, USA, 85032

Website

https://www.uti.edu

Universal Technical Institute Inc is an educational institution. It provides undergraduate degree, as well as certificate programs for technicians in the automotive, diesel, collision repair, motorcycle and marine fields. The company's reportable segment includes Universal Technical Institute (UTI) and Concorde Career Colleges. Majority of the revenue is generated from UTI segment which provides different kinds of degree and non-degree transportation and skilled trades technical training programs under brands such as Universal Technical Institute, Motorcycle Mechanics Institute, Marine Mechanics Institute and others. It also provides dealer technician training or instructor staffing services to manufacturers.

Executives

Troy R Anderson	officer: EVP and CFO	16220 N SCOTTSDALE RD, SUITE 500, SCOTTSDALE AZ 85254
Loretta Lydia Sanchez	director	4225 E. WINDROSE DRIVE, SUITE 200, PHOENIX AZ 85032
Coliseum Capital Management, Llc	10 percent owner	105 ROWAYTON AVENUE, ROWAYTON CT 06853
Tracy Kay Lorenz	officer: UTI Division President	4225 E. WINDROSE DRIVE, SUITE 200, PHOENIX AZ 85032
Michael A. Slubowski	director	4225 E. WINDROSE DRIVE, SUITE 200, PHOENIX AZ 85032
Jami J. Frazier	officer: Division President	4225 E. WINDROSE DRIVE, SUITE 200, PHOENIX AZ 85032
Jerome Alan Grant	officer: EVP & Chief Operating Officer	16220 N. SCOTTSDALE RD., SUITE 100, SCOTTSDALE AZ 85254
Shannon Lei Okinaka	director	C/O HAWAIIAN HOLDINGS, INC., 3375 KOAPAKA STREET, SUITE G-350, HONOLULU HI 96819
Kimberly J Mcwaters	director, officer: CEO and President	20410 NORTH 19TH AVENUE, PHOENIX AZ 85027
Bart Fesperman	officer: Chief Commercial Officer	4225 EAST WINDROSE DRIVE, SUITE 200, PHOENIX AZ 85032
Sonia Claire Mason	officer: Chief Human Resources Officer	4225 EAST WINDROSE DRIVE, SUITE 200, PHOENIX AZ 85032
George W. Brochick	director	2555 TELEGRAPH RD, BLOOMFIELD HILLS MI 48302
Christopher E. Kevane	officer: SVP Chief Legal Officer	9221 E. VIA DE VENTURA, SCOTTSDALE AZ 85258
Robert Thomas Devincenzi	director	825 E MIDDLEFIELD ROAD, MOUNTAIN VIEW CA 94043
Lori B Smith	officer: SVP Chief Information Officer	16220 N SCOTTSDALE RD, SUITE 500, SCOTTSDALE AZ 85254