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TGI Solar Power Group (TGI Solar Power Group) Change In Working Capital : $0.04 Mil (TTM As of Jul. 2023)


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What is TGI Solar Power Group Change In Working Capital?

TGI Solar Power Group's change in working capital for the quarter that ended in Jul. 2023 was $0.04 Mil.

TGI Solar Power Group's change in working capital for the fiscal year that ended in Jul. 2023 was $0.04 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).

TGI Solar Power Group Change In Working Capital Historical Data

The historical data trend for TGI Solar Power 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.

* Premium members only.

TGI Solar Power Group Change In Working Capital Chart

TGI Solar Power Group Annual Data
Trend Jul15 Jul16 Jul17 Jul22 Jul23
Change In Working Capital
0.01 0.01 0.08 -0.23 0.04

TGI Solar Power Group Semi-Annual Data
Jul15 Jul16 Jul17 Jul22 Jul23
Change In Working Capital 0.01 0.01 0.08 -0.23 0.04

TGI Solar Power Group Change In Working Capital Calculation

For stock reported annually, GuruFocus uses latest annual data as the TTM data. Change In Working Capital for the trailing twelve months (TTM) ended in Jul. 2023 was $0.04 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.

TGI Solar Power Group Change In Working Capital Related Terms

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TGI Solar Power Group (TGI Solar Power Group) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Technology » Semiconductors » TGI Solar Power Group Inc (OTCPK:TSPG) » Definitions » Change In Working Capital
Comparable Companies
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Traded in Other Exchanges
N/A
Address
1801 North East 123rd Street, North Miami, FL, USA, 33181
Website
https://www.tgipower.com
TGI Solar Power Group Inc is engaged in the business of providing potential alternative energy solutions to residential and business customers. The company offers services such as Management Consulting, Project Management, International Business Development, Strategic Alliances, New Technology Incubator, Smart Sustainable City Development & Many More.
Executives
R Paul Gray director, 10 percent owner, officer: Executive VP of Business Dev. C/O UNITED THERAPEUTICS CORP, 1110 SPRING STREET, SILVER SPRINGS MD 20910
David A Dedman director 44050 ASHBURN PLAZA, SUITE 195, ASHBURN VA 20147
Neil Booth Strodel director 6 TEASEL LANE, SKANEATELES NY 13152
Wisneski John Thomas Jr director 2706 CLEARVIEW ROAD, ALLISON PARK PA 15101
Matthew Freeman Taylor director, other: Self 839 SOUTHRIDGE GREENS BLVD, FORT COLLINS CO 80525
Sequence Holdings Llc 10 percent owner 192 EAST BAY STREET, SUITE 300, CHARLESTON SC 29401
Linda Joy Putnam officer: Vice President and CFO 141 HERNDON MILL CIRCLE, HERNDON VA 20170
Core Concepts, Llc 10 percent owner 44050 ASHBURN PLAZA, SUITE 195, ASHBURN VA 20147
Timothy S Novak director, 10 percent owner, other: * See Remarks 8374 MARKET ST, STE 439, BRADENTON FL 34202
Tenthgate, Inc. 10 percent owner 44050 ASHBURN PLAZA, SUITE 195, ASHBURN VA 20147