Novanta (Novanta) Change In Working Capital : $-21.3 Mil (TTM As of Dec. 2023)

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What is Novanta Change In Working Capital?

Novanta's change in working capital for the quarter that ended in Dec. 2023 was $8.3 Mil.

Novanta's change in working capital for the fiscal year that ended in Dec. 2023 was $-21.3 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).

Novanta Change In Working Capital Historical Data

The historical data trend for Novanta'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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Novanta Change In Working Capital Chart

Novanta Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Change In Working Capital

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-27.44

39.54

-27.01

-44.74

-21.33

Novanta 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															10.48	-25.11	-10.61	6.05	8.34

Novanta 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 $-21.3 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.

Novanta Change In Working Capital Related Terms

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Novanta (Novanta) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Hardware » Novanta Inc (NAS:NOVT) » Definitions » Change In Working Capital

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Traded in Other Exchanges

NOVT:Mexico

Address

125 Middlesex Turnpike, Bedford, MA, USA, 01730

Website

https://www.novanta.com

Novanta Inc manufactures photonic and motion-control components for original equipment manufacturers in the medical equipment and industrial technology markets. The firm operates in three segments: photonics, vision, and precision motion. The photonics segment, which sells photonics-based products that include carbon dioxide lasers, laser scanning, super-resolution imaging lasers, and laser beam delivery items. The vision segment sells medical-grade technologies, including visualization solutions, imaging informatics products, and thermal printers contributing the majority of revenue. The precision motion segment sells optical encoders, motion control technology, and precision machined components. The firm generates the majority of its revenue from the United States and Europe.

Executives

Robert Buckley	officer: Chief Financial Officer	C/O GSI GROUP INC., 125 MIDDLESEX TURNPIKE, BEDFORD MA 01730-1409
Matthijs Glastra	officer: Group President,Laser Products	C/O GSI GROUP CORPORATION, 125 MIDDLESEX TURNPIKE, BEDFORD MA 01730
Brian S Young	officer: Executive VP, Human Resources	C/O 25 CORPORATE DRIVE, BURLINGTON MA 01803
Thomas N Secor	director	GSI GROUP INC., 125 MIDDLESEX TURNPIKE, BEDFORD MA 01730
Barbara B. Hulit	director	C/O FORTIVE CORPORATION, 6920 SEAWAY BLVD, EVERETT WA 98203
Michele Davis Welsh	officer: General Counsel	C/O NOVANTA INC., 125 MIDDLESEX TURNPIKE, BEDFORD MA 01730
Solomon Darlene J. S.	director	6070 PARKLAND BLVD., MAYFIELD HTS. OH 44124
Peter L Chang	officer: Vice President-Corp Controller	C/O GSI GROUP INC., 125 MIDDLESEX TURNPIKE, BEDFORD MA 01730
Frank Anders Wilson	director	C/O CABOT CORPORATION, TWO SEAPORT LANE, SUITE 1300, BOSTON MA 02210
Katherine Ann Owen	director	2825 AIRVIEW BLVD., KALAMAZOO MI 49002
Maxine Lum Mauricio	director	301 MERRITT SEVEN CORPORATE PARK, 6TH FL, C/O EMCOR GROUP INC., NORWALK CT 06851
Stephen W Bershad	director	66 ARROYO HONDO TRAIL, SANTA FE NM 87508
Deborah Disanzo	director	7601 PENN AVENUE SOUTH, RICHFIELD MN 55423
Lonny J Carpenter	director	2825 AIRVIEW BOULEVARD, KALAMAZOO MI 49002
Brian Douglas King	director	C/O NOVANTA INC., 125 MIDDLESEX TURNPIKE, BEDFORD MA 01730