Taylor Devices (Taylor Devices) Change In Working Capital : $2.23 Mil (TTM As of Feb. 2024)

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What is Taylor Devices Change In Working Capital?

Taylor Devices's change in working capital for the quarter that ended in Feb. 2024 was $-3.79 Mil.

Taylor Devices's change in working capital for the fiscal year that ended in May. 2023 was $-0.32 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).

Taylor Devices Change In Working Capital Historical Data

The historical data trend for Taylor Devices'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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Taylor Devices Change In Working Capital Chart

Taylor Devices Annual Data

Trend

May14

May15

May16

May17

May18

May19

May20

May21

May22

May23

Change In Working Capital

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-1.29

5.32

4.45

-0.59

-0.32

Taylor Devices Quarterly Data
	May19	Aug19	Nov19	Feb20	May20	Aug20	Nov20	Feb21	May21	Aug21	Nov21	Feb22	May22	Aug22	Nov22	Feb23	May23	Aug23	Nov23	Feb24
Change In Working Capital	Get a 7-Day Free Trial															-0.54	3.70	0.74	1.59	-3.79

Taylor Devices Change In Working Capital Calculation

Change In Working Capital for the trailing twelve months (TTM) ended in Feb. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was $2.23 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.

Taylor Devices Change In Working Capital Related Terms

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Taylor Devices (Taylor Devices) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Taylor Devices Inc (NAS:TAYD) » Definitions » Change In Working Capital

Comparable Companies

Traded in Other Exchanges

N/A

Address

90 Taylor Drive, P.O. Box 748, North Tonawanda, North Tonawanda, NY, USA, 14120

Website

https://www.taylordevices.com

Taylor Devices Inc is involved in the design, development, manufacture, and marketing of shock absorption, rate control, and energy storage devices for use in various types of machinery, equipment, and structures. The company's product line includes Seismic dampers, Fluidicshoks, Crane and industrial buffers, Self-adjusting shock absorbers, Liquid die springs and Vibration Dampers. In general, its products are used to absorb, control, or mitigate the motion of masses caused by earthquakes or explosions. The company markets its product to various industries such as industrial, steel mills, buildings, bridges, aerospace, defense, and automotive industries.

Executives

Ira Sochet	10 percent owner	24 NORTH PINE CIRCLE, BELLEAIR FL 33756
Timothy John Sopko	director, officer: CHIEF EXECUTIVE OFFICER	90 TAYLOR DRIVE, NORTH TONAWANDA NY 14120
Paul Murray Heary	officer: Chief Financial Officer	TAYLOR DEVICES, INC., 90 TAYLOR DRIVE, NORTH TONAWANDA NY 14120
Robert Michael Carey	director	90 TAYLOR DRIVE, NORTH TONAWANDA NY 14120
Alan Raymond Klembczyk	director, officer: PRESIDENT	90 TAYLOR DRIVE, NORTH TONAWANDA NY 14120
Fritz Eric Armenat	director	90 TAYLOR DRIVE, NORTH TONAWANDA NY 14120
Randall L Clark	director	475 CAYUGA ROAD, CHEEKTOWAGA NY 14225
Mark V Mcdonough	officer: Chief Financial Officer	90 TAYLOR DRIVE, NORTH TONAWANDA NY 14120
Douglas P Taylor	director, officer: President	90 TAYLOR DRIVE, NORTH TONAWANDA NY 14120-0748
John Burgess	director	90 TAYLOR DRIVE, NORTH TONAWANDA NY 14120
Donald B Hofmar	director	TAYLOR DEVICES INC, 90 TAYLOR DRIVE, NORTH TONAWANDA NY 14120-0748
Richard G Hill	director, officer: Vice President	90 TAYLOR DRIVE, PO BOX 748, NORTH TONAWANDA NY 14120-0748
Newman Reginald B Ii	director	PRIOR AVIATION SERVICE INC., 50 NORTH AIRPORT DRIVE, BUFFALO NY 14225
Joseph P Gastel	director, officer: Secretary
Baird Foundation Cameron	10 percent owner	C/O KAYINOKY & COOK, 120 DELAWARE AVE, BUFFALO NY 14202