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QuantGate Systems (QuantGate Systems) Change In Working Capital : $0.02 Mil (TTM As of Nov. 2023)


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What is QuantGate Systems Change In Working Capital?

QuantGate Systems's change in working capital for the quarter that ended in Nov. 2023 was $0.12 Mil.

QuantGate Systems's change in working capital for the fiscal year that ended in May. 2023 was $-0.07 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).

QuantGate Systems Change In Working Capital Historical Data

The historical data trend for QuantGate Systems'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.

QuantGate Systems Change In Working Capital Chart

QuantGate Systems Annual Data
Trend May11 May12 May13 May14 May15 May16 May20 May21 May22 May23
Change In Working Capital
Get a 7-Day Free Trial Premium Member Only Premium Member Only -0.02 0.07 0.53 -0.95 -0.07

QuantGate Systems Quarterly Data
Feb16 May16 Aug16 Nov19 Feb20 May20 Aug20 Nov20 Feb21 May21 Aug21 Nov21 Feb22 May22 Aug22 Nov22 Feb23 May23 Aug23 Nov23
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 0.01 -0.03 -0.04 -0.04 0.12

QuantGate Systems Change In Working Capital Calculation

Change In Working Capital for the trailing twelve months (TTM) ended in Nov. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was $0.02 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.

QuantGate Systems Change In Working Capital Related Terms

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QuantGate Systems (QuantGate Systems) Business Description

Industry
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Traded in Other Exchanges
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Address
99 Wall Street, Suite 1701, New York, NY, USA, 10005
Website
https://www.quantgatesystems.com
QuantGate Systems Inc is a Fintech company, developing Artificial Intelligence, Machine Learning and big-data processing algorithms and analytics to deliver SaaS solutions and seamless API integration. Pilot Trading is a wholly owned subsidiary of the company. Its core intelligence identifies investment opportunities across multiple asset classes, rooted in the financial markets, and for cryptocurrency exchanges, enabling valued clients to make better informed investment decisions. Turnkey solutions and efficient API's, founded on robust and scalable SaaS architecture, allow third party integration for onboarding existing users, and scaling globally.
Executives
Jack J. Bensimon officer: Chief Executive Officer 34 KING ST. E. SUITE 1010, TORONTO A6 M5C 2X8
Ontario 1476448 10 percent owner 1927 SHELLARD ROAD, CAMBRIDGE A6 N1R 5S7
Murray Simser officer: CEO and President C/O MOBILE INTEGRATED SYSTEMS, INC., 25 ADELAIDE STREET EAST, SUITE 502, TORONTO A6 M5C 3A1
Benjamin Chesir other: Former Director ONE NORTH END AVENUE, WORLD FINANCIAL CENTER, NEW YORK NY 10282
Richard Schaeffer other: Former Director C/O LIQUID HOLDINGS GROUP, INC., 800 THIRD AVE., 39TH FLOOR, NEW YORK NY 10022
Emlyn David director, officer: Chief Executive Officer SUITE 502, 25 ADELAIDE STREET, TORONTO A6 M5C 3A1
James Mcgovern other: Former Director C/O LOTO INC., 25 ADELAIDE STREET EAST, 502, TORONTO A6 M5C 3A1
Fulvio Ciano officer: President and CTO 142 BANFF RD., TORONTO A6 M4P 2P7
Todd Halpern director C/O LOTO INC., 25 ADELAIDE STREET EAST, 502, TORONTO A6 M5C 3A1
2238646 Ontario Inc. 10 percent owner 23 BEDFORD ROAD, TORONTO A6 M5R 2J9
Alan Ralph director 48 ROYAL HENLEY BLVD., ST. CATHARINES A6 L2N4S1
J Trevor Eyton director PO BOX 723040, ATLANTA GA 30339
Baker A. Stephen officer: Chief Technology Officer 2361 SOUTHCOTT ROAD, PICKERING A6 L1X 2T3
Jason Randall Barrs director 23 BEDFORD ROAD, TORONTO A6 M5R 2J9
Donald Ziraldo director 15468 NIAGARA PARKWAY, NIAGARA ON THE LAKE A6 L0S 1J0