Envirotech Vehicles (Envirotech Vehicles) Change In Working Capital : $2.33 Mil (TTM As of Mar. 2024)

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What is Envirotech Vehicles Change In Working Capital?

Envirotech Vehicles's change in working capital for the quarter that ended in Mar. 2024 was $0.37 Mil.

Envirotech Vehicles's change in working capital for the fiscal year that ended in Dec. 2023 was $1.86 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).

Envirotech Vehicles Change In Working Capital Historical Data

The historical data trend for Envirotech Vehicles'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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Envirotech Vehicles Change In Working Capital Chart

Envirotech Vehicles Annual Data

Trend

Dec20

Dec21

Dec22

Dec23

Change In Working Capital

1.79

-8.79

-2.67

1.86

Envirotech Vehicles Quarterly Data
	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												-0.10	0.29	0.49	1.18	0.37

Envirotech Vehicles 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 $2.33 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.

Envirotech Vehicles Change In Working Capital Related Terms

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Envirotech Vehicles (Envirotech Vehicles) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Vehicles & Parts » Envirotech Vehicles Inc (NAS:EVTV) » Definitions » Change In Working Capital

Comparable Companies

Traded in Other Exchanges

N/A

Address

1425 Ohlendorf Road, Osceola, AR, USA, 72370

Website

https://www.evtvusa.com

Envirotech Vehicles Inc is a provider of purpose-built zero-emission electric vehicles focused on reducing the total cost of vehicle ownership and helping fleet operators unlock the benefits of green technology. It recognizes revenue from the sales of zero-emission electric vehicles and vehicle maintenance and inspection services.

Executives

Douglas M Campoli	officer: Chief Financial Officer	C/O ENVIROTECH VEHICLES, INC., 1425 OHLENDORF ROAD, OSCEOLA AR 72370
Susan Marie Emry	officer: EVP/CFO	1215 GRAPHITE DRIVE, CORONA CA 92881
Phillip Oldridge	director, officer: CEO	7000 MERRILL AVENUE, SUITE 31, CHINO NV 91710
Di Pietro Michael A	director	14245 PIPELINE AVE, CHINO CA 91710
Melissa Barcellos	director	1215 GRAPHITE DRIVE, CORONA CA 92881
Gary W Nettles	director	620 NEWPORT CENTER DRIVE, SUITE 1100, NEWPORT BEACH CA 92660
John Perkowski	director	TYG CENTER TOWER B, SUITE 2601, DONG SAN HUAN BEI LU BING 2, BEIJING F4 100027
Richard A. Eckert	officer: Chief Operating Officer	620 NEWPORT CENTER DRIVE, SUITE 1100, NEWPORT BEACH CA 92660
Michael K. Menerey	director, officer: Chief Financial Officer	620 NEWPORT CENTER DRIVE, SUITE 1100, NEWPORT BEACH CA 92660
James L. Reynolds	director, 10 percent owner, officer: President and CEO	620 NEWPORT CENTER DRIVE SUITE 1100, NEWPORT BEACH CA 92660
Kevin G. Kanning	officer: VP of IR & Business Dev.	620 NEWPORT CENTER DRIVE SUITE 1100, NEWPORT BEACH CA 92660
Janet L. Boydell	director	620 NEWPORT CENTER DRIVE, SUITE 1100, NEWPORT BEACH CA 92660
John H. Roselli	officer: VP of Sales and Marketing	620 NEWPORT CENTER DRIVE, SUITE 1100, NEWPORT BEACH CA 92660
Edward R. Monfort	10 percent owner, officer: Chief Technology Officer	620 NEWPORT CENTER DRIVE, SUITE 1100, NEWPORT BEACH CA 92660