Stingray Group (Stingray Group) Change In Working Capital : $-12.4 Mil (TTM As of Dec. 2023)

View and export this data going back to 2021. Start your Free Trial

What is Stingray Group Change In Working Capital?

Stingray Group's change in working capital for the quarter that ended in Dec. 2023 was $-7.1 Mil.

Stingray Group's change in working capital for the fiscal year that ended in Mar. 2023 was $-5.5 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).

Stingray Group Change In Working Capital Historical Data

The historical data trend for Stingray Group'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.

Stingray Group Change In Working Capital Chart

Stingray Group Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Change In Working Capital

Get a 7-Day Free Trial

-3.04

1.55

-8.46

-0.02

-5.47

Stingray Group 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															-2.49	5.17	-4.58	-5.95	-7.08

Stingray Group 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 $-12.4 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.

Stingray Group Change In Working Capital Related Terms

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

Stingray Group (Stingray Group) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Communication Services » Media - Diversified » Stingray Group Inc (OTCPK:STGYF) » Definitions » Change In Working Capital

Comparable Companies

Traded in Other Exchanges

317A:Germany RAY.B:Canada RAY.A:Canada

Address

730 Wellington Street, Montreal, QC, CAN, H3C 1T4

Website

https://www.stingray.com

Stingray Group Inc is a music, media, and technology company. The company is a provider of curated direct-to-consumer and B2B services, including audio television channels, radio stations, SVOD content, 4K UHD television channels, karaoke products, digital signage, in-store music, and music apps. It operates through the following segments namely the Broadcasting and commercial music segment and Radio segment. The company generates maximum revenue from the Broadcasting and commercial music segment.

Stingray Group (Stingray Group) Headlines

From GuruFocus

Q1 2024 Stingray Group Inc Earnings Call Transcript

By GuruFocus Research • 02-15-2024

Stingray Group Inc Annual Shareholders Meeting Transcript

By GuruFocus Research • 02-15-2024

Q2 2024 Stingray Group Inc Earnings Call Transcript

By GuruFocus Research • 02-15-2024

Q4 2023 Stingray Group Inc Earnings Call Transcript

By GuruFocus Research • 02-15-2024