Unique Logistics International (Unique Logistics International) Change In Working Capital : $10.8 Mil (TTM As of Feb. 2024)

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What is Unique Logistics International Change In Working Capital?

Unique Logistics International's change in working capital for the quarter that ended in Feb. 2024 was $12.6 Mil.

Unique Logistics International's change in working capital for the fiscal year that ended in May. 2023 was $26.7 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).

Unique Logistics International Change In Working Capital Historical Data

The historical data trend for Unique Logistics International'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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Unique Logistics International Change In Working Capital Chart

Unique Logistics International Annual Data

Trend

May20

May21

May22

May23

Change In Working Capital

-0.23

-4.49

-45.79

26.69

Unique Logistics International Quarterly Data
	Feb20	May20	Aug20	Nov20	Feb21	May21	Aug21	Nov21	Feb22	May22	Aug22	Nov22	Feb23	May23	Aug23	Nov23	Feb24
Change In Working Capital	Get a 7-Day Free Trial												14.18	1.43	-7.73	4.46	12.60

Unique Logistics International Change In Working Capital Calculation

Change In Working Capital for the trailing twelve months (TTM) ended in Feb. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was $10.8 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.

Unique Logistics International Change In Working Capital Related Terms

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Unique Logistics International (Unique Logistics International) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Transportation » Unique Logistics International Inc (OTCPK:UNQL) » Definitions » Change In Working Capital

Comparable Companies

Traded in Other Exchanges

N/A

Address

154-09, 146th Avenue, Jamaica, NY, USA, 11434

Website

https://www.unique-logistics.com

Unique Logistics International Inc is a logistics and freight forwarding company. Its services include Air Freight, Ocean Freight, Customs Brokerage, Insurance, Domestic Distribution, and DDP and Fiscal Representation. Geographically, it derives a majority of its revenue from China, Hong Kong and Taiwan.

Executives

Migdalia Diaz	officer: Chief Operating Officer	3722 CASTEEL PARK DRIVE, MARIETTA GA 30064
Sunandan Ray	director, officer: Chief Executive Officer	320 SOUTHDOWN ROAD, LLYOD HARBOR NY 11743
Lee Patrick Man Bun	director	UNIT 05-06, 3/F, ENTERPRISE SQUARE, 9 SHEUNG YUET RD, KOWLOON BAY, KOWLOON K3 1703
David S. Briones	director	C/O PETRO RIVER OIL COMPANY, 1980 POST OAK BLVD., SUITE 2020, HOUSTON TX 77056
Sterling C. Barton	10 percent owner	823 SOUTH SIXTH STREET, SUITE 100, LAS VEGAS NV 89101
Keith S. Barton	10 percent owner	488 MADISON AVENUE, SUITE 1100, NEW YORK NY 10022
Gcnd, Inc.	10 percent owner	C/O GARY WOLF ESQ., 488 MADISON AVE., STE. 1100, NEW YORK NY 10022