SFTGQ has been successfully added to your Stock Email Alerts list.
You can manage your stock email alerts here.
SFTGQ has been removed from your Stock Email Alerts list.
Please enter Portfolio Name for new portfolio.
Shift Technologies's change in working capital for the quarter that ended in Jun. 2023 was $-4.7 Mil.
Shift Technologies's change in working capital for the fiscal year that ended in Dec. 2022 was $69.6 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).
The historical data trend for Shift Technologies'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.
Shift Technologies Annual Data | |||||||||
Trend | Dec19 | Dec20 | Dec21 | Dec22 | |||||
Change In Working Capital | 23.39 | -17.02 | -60.65 | 69.64 |
Shift Technologies Quarterly Data | ||||||||||||||||
Sep19 | Dec19 | Mar20 | Jun20 | Sep20 | Dec20 | Mar21 | Jun21 | Sep21 | Dec21 | Mar22 | Jun22 | Sep22 | Dec22 | Mar23 | Jun23 | |
Change In Working Capital | Get a 7-Day Free Trial | 40.35 | 63.62 | 15.89 | -2.87 | -4.67 |
Change In Working Capital for the trailing twelve months (TTM) ended in Jun. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was $72.0 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.
* 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.
Thank you for viewing the detailed overview of Shift Technologies's Change In Working Capital provided by GuruFocus.com. Please click on the following links to see related term pages.
Kimberly H. Sheehy | director | C/O SWITCH, INC., 7135 SOUTH DECATUR BOULEVARD, LAS VEGAS NV 89118 |
Jason Travis Curtis | officer: Chief Accounting Officer | 2425 WEST LOOP SOUTH, 11TH FLOOR, HOUSTON TX 77027 |
Maruthi Jd Venkata | 10 percent owner | 610 E ZACK ST, STE 110, TAMPA FL 33602 |
Ayman Moussa | director, officer: Chief Executive Officer | C/O SHIFT TECHNOLOGIES, INC., 290 DIVISION ST. #400, SAN FRANCISCO CA 94103 |
James E Skinner | director | NEIMAN MARCUS GROUP, 1618 MAIN ST, DALLAS TX 75201 |
Aizpuru Luis Igancio Solorzano | director | 1345 AVENUE OF THE AMERICAS 11TH FL, NEW YORK NY 10105 |
Jeff Clementz | officer: President | CO SHIFT TECHNOLOGIES, 290 DIVISION ST STE 400, SAN FRANCISCO CA 94103-4893 |
Ryan Lawrence | officer: General Counsel | 1405 LAKE COOK ROAD, DEERFIELD IL 60015 |
Oded Shein | officer: CFO | 10201 MAIN STREET, HOUSTON TX 77025 |
George Arison | director, officer: Co-CEO & Chairman of the Board | 3727 LA DONNA AVENUE, PALO ALTO CA 94306 |
Sean Foy | officer: Chief Operating Officer | 1915 HAYES LANE, SAN MARTIN CA 95046 |
Victoria Mcinnis | director | C/O VECTOIQ ACQUISITION CORP., 1354 FLAGLER DRIVE, MAMARONECK NY 10543 |
Blima Tuller | officer: Chief Revenue Officer | C/O THE RUBICON PROJECT, INC., 12181 BLUFF CREEK DRIVE, 4TH FL, LOS ANGELES CA 90094 |
Lithia Motors Inc | 10 percent owner | 150 NORTH BARTLETT STREET, MEDFORD OR 97501 |
Manish Patel | director | 330 MISSION BAY BLVD N, #802, SAN FRANCISCO CA 94158 |
From GuruFocus
By PurpleRose PurpleRose • 07-19-2022
By PurpleRose PurpleRose • 07-11-2022
By PurpleRose PurpleRose • 08-09-2022
By Business Wire Business Wire • 08-09-2022
By GuruFocusNews GuruFocusNews • 07-09-2022
By sperokesalga sperokesalga • 06-09-2023
By PurpleRose PurpleRose • 08-09-2022
By GuruFocusNews GuruFocusNews • 07-01-2022
By sperokesalga sperokesalga • 03-28-2023
By sperokesalga sperokesalga • 04-20-2023
Disclaimers: GuruFocus.com is not operated by a broker or a dealer. It has an affiliated registered investment adviser, which serves as the subadviser to an exchange traded fund. This investment adviser does not provide advice to individual investors. Under no circumstances does any information posted on GuruFocus.com represent a recommendation to buy or sell a security. The information on this site, and in its related newsletters, is not intended to be, nor does it constitute investment advice or recommendations. The individuals or entities selected as "gurus" may buy and sell securities before and after any particular article and report and information herein is published, with respect to the securities discussed in any article and report posted herein. Gurus may be added or dropped from the GuruFocus site at any time. In no event shall GuruFocus.com be liable to any member, guest or third party for any damages of any kind arising out of the use of any content or other material published or available on GuruFocus.com, or relating to the use of, or inability to use, GuruFocus.com or any content, including, without limitation, any investment losses, lost profits, lost opportunity, special, incidental, indirect, consequential or punitive damages. Past performance is a poor indicator of future performance. The information on this site, and in its related newsletters, is not intended to be, nor does it constitute investment advice or recommendations. The information on this site is in no way guaranteed for completeness, accuracy or in any other way. The gurus listed in this website are not affiliated with GuruFocus.com, LLC. Stock quotes provided by InterActive Data. Fundamental company data provided by Morningstar, updated daily.