Globalstar (Globalstar) Change In Working Capital : $-19.6 Mil (TTM As of Mar. 2024)

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What is Globalstar Change In Working Capital?

Globalstar's change in working capital for the quarter that ended in Mar. 2024 was $3.0 Mil.

Globalstar's change in working capital for the fiscal year that ended in Dec. 2023 was $-36.0 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).

Globalstar Change In Working Capital Historical Data

The historical data trend for Globalstar'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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Globalstar Change In Working Capital Chart

Globalstar Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Change In Working Capital

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-5.83

-9.42

99.00

6.47

-36.00

Globalstar Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Change In Working Capital	Get a 7-Day Free Trial															-13.38	-4.53	-1.09	-17.01	3.05

Globalstar Change In Working Capital Calculation

Change In Working Capital for the trailing twelve months (TTM) ended in Mar. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was $-19.6 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.

Globalstar Change In Working Capital Related Terms

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Globalstar (Globalstar) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Communication Services » Telecommunication Services » Globalstar Inc (AMEX:GSAT) » Definitions » Change In Working Capital

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P8S:Germany

Address

1351 Holiday Square Boulevard, Covington, LA, USA, 70433

Website

https://www.globalstar.com

Globalstar Inc is a telecommunications company that derives revenue from the provision of mobile satellite services. Mobile satellite services are typically used by customers where existing terrestrial wireline and wireless communications networks are impaired or do not exist. The company provides communications services such as two-way voice and data transmission. In addition, one-way data transmission is also offered. Both services are offered using mobile or fixed devices. The company is an owner of satellite assets. The company generates the vast majority of its revenue within the United States.

Executives

James F Lynch	director	461 SOUTH MILPITAS BLVD., MILPITAS CA 95035
Ponder L Barbee Iv	officer: General Counsel	300 HOLIDAY SQUARE BLVD., COVINGTON LA 70433
Rebecca Clary	officer: VP & Chief Financial Officer	300 HOLIDAY SQUARE BLVD., COVINGTON LA 70433
James Iii Monroe	director, 10 percent owner, officer: Chief Executive Officer	461 SOUTH MILPITAS BLVD., MILPITAS CA 95035
Paul E Jacobs	director, officer: Chief Executive Officer
Timothy Evan Taylor	director	1518 FIRST STREET, NEW ORLEANS LA 70130
Benjamin G Wolff	director	2300 CARILLON POINT, KIRKLAND WA 98033
David B. Kagan	officer: President & COO	300 HOLIDAY SQUARE BLVD., COVINGTON LA 70433
Keith O Cowan	director	2999 CIRCLE 75 PKWY, ATLANTA GA 30339
Michael J Lovett	director
Kenneth M Young	director	C/O B. RILEY FINANCIAL, INC., 21255 BURBANK BLVD., SUITE 400, WOODLAND HILLS CA 91367
John Kneuer	director	300 HOLIDAY SQUARE BLVD., COVINGTON LA 70433
Anthony J Navarra	officer: Pres., Global Operations	461 SOUTH MILPITAS BLVD., MILPITAS CA 95035
Bell Frank John Ii	officer: Pres. Global Sales & Mkting.	8144 WALNUT HILL LANE, SUITE 800, DALLAS TX 75231
Joseph F Barnett	officer: VP & Chief Accounting Officer	300 HOLIDAY SQUARE BLVD., COVINGTON LA 70433