TOBAF (TAAT Global Alternatives) Change In Working Capital: $0.13 Mil (TTM As of Jul. 2024)

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TOBAF TAAT Global Alternatives Inc TOBAF
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What is TAAT Global Alternatives Change In Working Capital?

TAAT Global Alternatives TOBAF 10 Change In Working Capital is $0.13 Mil as of Jul. 2024. GuruFocus rates TOBAF with a GF Score™ of 10/100.

TAAT Global Alternatives's change in working capital for the quarter that ended in Jul. 2024 was $0.16 Mil.

TAAT Global Alternatives's change in working capital for the fiscal year that ended in Oct. 2023 was $2.20 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).

TAAT Global Alternatives Change In Working Capital Related Terms

TAAT Global Alternatives Change In Working Capital Historical Data

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The historical data trend for TAAT Global Alternatives'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.

TAAT Global Alternatives Change In Working Capital Chart

TAAT Global Alternatives Annual Data
Trend Oct14 Oct15 Oct16 Oct17 Oct18 Oct19 Oct20 Oct21 Oct22 Oct23
Change In Working Capital
Get a 7-Day Free Trial Premium Member Only Premium Member Only -0.43 0.11 -1.27 -0.83 2.20

TAAT Global Alternatives Quarterly Data
Oct19 Jan20 Apr20 Jul20 Oct20 Jan21 Apr21 Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24 Apr24 Jul24
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 2.26 0.38 -0.31 -0.10 0.16
TOBAF
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TAAT Global Alternatives Inc TOBAF
Change In Working Capital is just one metric. See GF Score™, valuation, warning signs, and more.
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TAAT Global Alternatives Change In Working Capital Calculation

Change In Working Capital for the trailing twelve months (TTM) ended in Jul. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was $0.13 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 $0.13 Mil mean?
TAAT Global Alternatives (TOBAF) has a Change In Working Capital of $0.13 Mil as of Jul. 2024. 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 TAAT Global Alternatives.
Is TAAT Global Alternatives' Change In Working Capital too high?
TAAT Global Alternatives' current Change In Working Capital is $0.13 Mil. Overall, TAAT Global Alternatives has a GF Score™ of 10/100, reflecting its overall financial health beyond just this single metric.
How does TAAT Global Alternatives' Change In Working Capital compare to VPRB and XXII?
TAAT Global Alternatives' Change In Working Capital of $0.13 Mil can be compared against companies in the Tobacco Products 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 Tobacco Products company?
A good Change In Working Capital depends on the Tobacco Products 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 TAAT Global Alternatives. TAAT Global Alternatives's current Change In Working Capital is $0.13 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is TAAT Global Alternatives stock overvalued right now?
TAAT Global Alternatives (TOBAF) has a current Change In Working Capital of $0.13 Mil. The current Change In Working Capital is $0.13 Mil. TAAT Global Alternatives' overall GF Score™ is 10/100. 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 TAAT Global Alternatives (TOBAF), the current Change In Working Capital is $0.13 Mil as of Jul. 2024. 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.

TAAT Global Alternatives Business Description

Address 1075 West Georgia Street, Suite 1890, Vancouver, BC, CAN, V6E 3C9
TAAT Global Alternatives Inc is a Canada-based company, which develops, manufactures, and distributes alternative product categories such as tobacco, hemp, and other emerging CPG segments. The company has two reportable segments, the sale of non-tobacco and tobacco products. It generates the majority of its revenue from the tobacco products segment.
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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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