Motorcar Parts of America Inc

NASDAQ MPAA

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Motorcar Parts of America Inc Gross Working Capital 1 year YoY Change (%) for the quarter ending December 31, 2023: 148.75%

Motorcar Parts of America Inc Gross Working Capital 1 year YoY Change (%) is 148.75% for the quarter ending December 31, 2023, a 145.48% change year over year. Gross working capital is a financial metric that represents the amount of a company's current assets available to cover its current liabilities and short-term debt obligations. It is calculated by subtracting the sum of current liabilities and short-term debt from the total current assets of a company. Gross working capital provides insights into a company's short-term liquidity and its ability to meet its financial obligations in the near future. The measure "Change (%)" refers to the percentage change in the value of a financial metric between two time points. This measure provides a relative perspective on the magnitude of change.
  • Motorcar Parts of America Inc Gross Working Capital for the quarter ending December 31, 2022 was USD -64.11 M, a -327.05% change year over year.
  • Motorcar Parts of America Inc Gross Working Capital for the quarter ending December 31, 2021 was USD -15.01 M, a -154.84% change year over year.
  • Motorcar Parts of America Inc Gross Working Capital for the quarter ending December 31, 2020 was USD 27.37 M, a 143.05% change year over year.
  • Motorcar Parts of America Inc Gross Working Capital for the quarter ending December 31, 2019 was USD -63.58 M, a -276.43% change year over year.
NASDAQ: MPAA

Motorcar Parts of America Inc

CEO Mr. Selwyn H. Joffe CPA
IPO Date March 23, 1994
Location United States
Headquarters 2929 California Street, Torrance, CA, United States, 90503
Employees 5,600
Sector Consumer Cyclical
Industry Auto parts
Description

Motorcar Parts of America, Inc. manufactures, remanufactures, and distributes heavy-duty truck, industrial, marine, and agricultural application replacement parts in the United States. The company offers rotating electrical products, including alternators and starters; wheel hub assemblies and bearings; and brake-related products comprising brake calipers, brake boosters, brake rotors, brake pads, and brake master cylinders. It also offers turbo chargers; test solutions and diagnostic equipment for the pre- and post-production of electric vehicles; combustion engine vehicles; and software emulation of power systems applications for the electrification of forms of transportation. In addition, it offers heavy duty parts, including non-discretionary automotive aftermarket replacement hard parts for heavy-duty truck, industrial, marine, and agricultural applications. The company sells its products to automotive retail chain stores and warehouse distributors, as well as various automobile manufacturers for their aftermarket programs and warranty replacement programs in North America. Motorcar Parts of America, Inc. was incorporated in 1968 and is based in Torrance, California.

StockViz Staff

September 19, 2024

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