Blue Foundry Bancorp (Blue Foundry Bancorp) Change In Working Capital : $-11.36 Mil (TTM As of Dec. 2023)

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What is Blue Foundry Bancorp Change In Working Capital?

Blue Foundry Bancorp's change in working capital for the quarter that ended in Dec. 2023 was $-8.70 Mil.

Blue Foundry Bancorp's change in working capital for the fiscal year that ended in Dec. 2023 was $-11.36 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).

Blue Foundry Bancorp Change In Working Capital Historical Data

The historical data trend for Blue Foundry Bancorp'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.

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Blue Foundry Bancorp Change In Working Capital Chart

Blue Foundry Bancorp Annual Data

Trend

Dec19

Dec20

Dec21

Dec22

Dec23

Change In Working Capital

-4.82

1.41

11.60

-3.49

-11.36

Blue Foundry Bancorp Quarterly Data
	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Change In Working Capital	Get a 7-Day Free Trial												-0.58	-2.35	-1.40	1.08	-8.70

Blue Foundry Bancorp Change In Working Capital Calculation

Change In Working Capital for the trailing twelve months (TTM) ended in Dec. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was $-11.36 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.

Blue Foundry Bancorp Change In Working Capital Related Terms

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Blue Foundry Bancorp (Blue Foundry Bancorp) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » Blue Foundry Bancorp (NAS:BLFY) » Definitions » Change In Working Capital

Comparable Companies

Traded in Other Exchanges

N/A

Address

19 Park Avenue, Rutherford, NJ, USA, 07070

Website

https://www.bluefoundrybank.com

Blue Foundry Bancorp is a full-service bank. Its business consists of originating one-to-four-family residential, multi-family, and non-residential real estate mortgages, home equity loans and lines of credit, construction, and commercial and industrial loans. It attracts retail deposits from the general public in the areas surrounding its banking offices, through its borrowers, and through its online presence, offering a wide variety of deposit products. The bank also invests in securities. Its revenues are derived from interest on loans and, to a lesser extent, interest on mortgage-backed and other investment securities. The company's sources of funds are deposits, principal, and interest payments on loans, securities, and borrowings from the Federal Home Loan Bank of New York.

Executives

James Christopher Ely	director	19 PARK AVENUE, RUTHERFORD NJ 07070
Jonathan M. Shaw	director	19 PARK AVENUE, RUTHERFORD NJ 07070
Elizabeth Varki Jobes	director	640 LEE ROAD, CHESTERBROOK PA 19087
Robert Thomas Goldstein	director	19 PARK AVENUE, RUTHERFORD NJ 07070
Kenneth Grimbilas	director	19 PARK AVENUE, RUTHERFORD NJ 07070
Jason M. Goldberg	officer: EVP and Chief Lending Officer	19 PARK AVENUE, RUTHERFORD NJ 07070
James D Nesci	director, officer: President and CEO	830 BERGEN AVENUE, JERSEY CITY NJ 07306
Robert Rowe	officer: EVP and Chief Risk Officer	C/O CIT GROUP INC., ATTN:GENERAL COUNSEL, 1 CIT DRIVE, LIVINGSTON NJ 07039
Patrick H. Kinzler	director	19 PARK AVENUE, RUTHERFORD NJ 07070
Margaret Letsche	director	19 PARK AVENUE, RUTHERFORD NJ 07070
Kelly Pecoraro	officer: EVP and CFO	19 PARK AVENUE, RUTHERFORD NJ 07070
Alexander Agnoletto	officer: Controller and Interim CFO	19 PARK AVENUE, RUTHERFORD NJ 07070
Brent Michael Ciurlino	officer: EVP and CCO	19 PARK AVENUE, RUTHERFORD NJ 07070
Elizabeth Marie Miller	officer: EVP and CRO	19 PARK AVENUE, RUTHERFORD NJ 07070
Aleksander Malkiman	officer: EVP and Chief Tech Officer	19 PARK AVENUE, RUTHERFORD NJ 07070