Geosolar Technologies (Geosolar Technologies) Change In Working Capital : $0.54 Mil (TTM As of Mar. 2024)

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What is Geosolar Technologies Change In Working Capital?

Geosolar Technologies's change in working capital for the quarter that ended in Mar. 2024 was $0.17 Mil.

Geosolar Technologies's change in working capital for the fiscal year that ended in Dec. 2023 was $0.84 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).

Geosolar Technologies Change In Working Capital Historical Data

The historical data trend for Geosolar Technologies'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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Geosolar Technologies Change In Working Capital Chart

Geosolar Technologies Annual Data

Trend

Dec22

Dec23

Change In Working Capital

0.37

0.84

Geosolar Technologies Quarterly Data
	Sep22	Dec22	Mar23	Sep23	Dec23	Mar24
Change In Working Capital	Get a 7-Day Free Trial			0.30	0.28	-	0.37	0.17

Geosolar Technologies 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 $0.54 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.

Geosolar Technologies Change In Working Capital Related Terms

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Geosolar Technologies (Geosolar Technologies) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Semiconductors » Geosolar Technologies Inc (OTCPK:GSLR) » Definitions » Change In Working Capital

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Traded in Other Exchanges

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Address

1400 16th Street, Suite 400, Denver, CO, USA, 80202

Website

https://www.geosolarplus.com

Geosolar Technologies Inc plans to install natural energy systems, referred to as the GeoSolar Plus System in newly built and existing residences as well as green new apartments and commercial buildings. The GSP System is based on combining solar power, geothermal ground-sourced energy and other clean energy technologies into one fully integrated system. The GSP system is designed to significantly reduce energy consumption and associated carbon emissions and improve the atmospheric and indoor air quality in residences.

Geosolar Technologies (Geosolar Technologies) Headlines

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