FLES (Auto Parts 4Less Group) Change In Working Capital: $2.31 Mil (TTM As of Oct. 2023)

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FLES Auto Parts 4Less Group Inc FLES
12 GF Score
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What is Auto Parts 4Less Group Change In Working Capital?

Auto Parts 4Less Group FLES 12 Change In Working Capital is $2.31 Mil as of Oct. 2023. GuruFocus rates FLES with a GF Score™ of 12/100.

Auto Parts 4Less Group's change in working capital for the quarter that ended in Oct. 2023 was $0.88 Mil.

Auto Parts 4Less Group's change in working capital for the fiscal year that ended in Jan. 2023 was $0.22 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).

Auto Parts 4Less Group Change In Working Capital Related Terms

Auto Parts 4Less Group Change In Working Capital Historical Data

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The historical data trend for Auto Parts 4Less 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.

Auto Parts 4Less Group Change In Working Capital Chart

Auto Parts 4Less Group Annual Data
Trend Jan14 Jan15 Jan16 Jan17 Jan18 Jan19 Jan20 Jan21 Jan22 Jan23
Change In Working Capital
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.51 1.14 1.75 0.71 0.22

Auto Parts 4Less Group Quarterly Data
Jan19 Apr19 Jul19 Oct19 Jan20 Apr20 Jul20 Oct20 Jan21 Apr21 Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23
Change In Working Capital Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.63 0.41 0.55 0.50 0.88
FLES
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Auto Parts 4Less Group Inc FLES
Change In Working Capital is just one metric. See GF Score™, valuation, warning signs, and more.
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Auto Parts 4Less Group Change In Working Capital Calculation

Change In Working Capital for the trailing twelve months (TTM) ended in Oct. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was $2.31 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 EndedJanuary 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.

* 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.

What does a Change In Working Capital of $2.31 Mil mean?
Auto Parts 4Less Group (FLES) has a Change In Working Capital of $2.31 Mil as of Oct. 2023. Change in Working Capital is the difference between current assets less current liabilities between the current period and the past period. View historical data for Auto Parts 4Less Group.
Is Auto Parts 4Less Group's Change In Working Capital too high?
Auto Parts 4Less Group's current Change In Working Capital is $2.31 Mil. Overall, Auto Parts 4Less Group has a GF Score™ of 12/100, reflecting its overall financial health beyond just this single metric.
How does Auto Parts 4Less Group's Change In Working Capital compare to REII and MBLY?
Auto Parts 4Less Group's Change In Working Capital of $2.31 Mil can be compared against companies in the Vehicles & Parts industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Change In Working Capital for a Vehicles & Parts company?
A good Change In Working Capital depends on the Vehicles & Parts industry context. However, Change In Working Capital should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Change In Working Capital mean?
A high Change In Working Capital can signal that a stock is expensive relative to its fundamentals. Change in Working Capital is the difference between current assets less current liabilities between the current period and the past period. View historical data for Auto Parts 4Less Group. Auto Parts 4Less Group's current Change In Working Capital is $2.31 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Auto Parts 4Less Group stock overvalued right now?
Auto Parts 4Less Group (FLES) has a current Change In Working Capital of $2.31 Mil. The current Change In Working Capital is $2.31 Mil. Auto Parts 4Less Group's overall GF Score™ is 12/100. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Change In Working Capital calculated?
Change In Working Capital is calculated from a company's financial statements. For Auto Parts 4Less Group (FLES), the current Change In Working Capital is $2.31 Mil as of Oct. 2023. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Auto Parts 4Less Group Business Description

Address 106 W. Mayflower, Las Vegas, NV, USA, 89030
Auto Parts 4Less Group Inc is an e-commerce auto parts sales company. It offers parts and accessories that are manufactured, sold, and distributed for cars, light trucks, and other passenger vehicles motorcycles, all-terrain vehicles, utility terrain vehicles, boats, and others.
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Change In Working Capital is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

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