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Wal-Mart Stores Inc (NYSE:WMT)
Cash Flow from Operations
$28,099 Mil (TTM As of Oct. 2015)

Cash flow from operations refers to the cash brought in through a company’'s normal business operations. It is the cash flow before any investment or financing activities. It is the cash version of net income.

For the three months ended in Oct. 2015, Wal-Mart Stores Inc's Net Income From Continuing Operations was $3,414 Mil. Its DDA was $2,365 Mil. Its Change In Working Capital was $-397 Mil. Its cash flow from deferred tax was $-591 Mil. Its Cash Flow from Discontinued Operations was $0 Mil. Its Stock Based Compensation was $0 Mil. And its Cash Flow from Others was $112 Mil. In all, Wal-Mart Stores Inc's Cash Flow from Operations for the three months ended in Oct. 2015 was $4,903 Mil.


Definition

Cash flow from operations refers to the cash brought in through a company’'s normal business operations. It is the cash flow before any investment or financing activities. It is the cash version of net income.

Wal-Mart Stores Inc's Cash Flow from Operations for the fiscal year that ended in Jan. 2015 is calculated as:

Wal-Mart Stores Inc's Cash Flow from Operations for the quarter that ended in Oct. 2015 is

Wal-Mart Stores Inc Cash Flow from Operations for the trailing twelve months (TTM) ended in Oct. 2015 was 13094 (Jan. 2015 ) + 4446 (Apr. 2015 ) + 5656 (Jul. 2015 ) + 4903 (Oct. 2015 ) = $28,099 Mil.

* All numbers are in millions except for per share data and ratio. All numbers are in their own currency.


Explanation

Cash flow from operations contains six items:

1. Net Income From Continuing Operations:
Net Income From Continuing Operations indicates the net income that a firm brings in from ongoing business activities. These activities are expected to continue into the next reporting period. It excludes extraordinary items, income from the cumulative effects of accounting changes, non-recurring items, income from tax loss carry forward, and preferred dividends.

Wal-Mart Stores Inc's net income from continuing operations for the three months ended in Oct. 2015 was $3,414 Mil.

2. Depreciation, Depletion and Amortization:
Depreciation is a present expense that accounts for the past cost of an asset that is now providing benefits.
Depletion and amortization are synonyms for depreciation.
Generally:
• The term “depreciation” is used when discussing man made tangible assets
• The term “depletion” is used when discussing natural tangible assets
• The term “amortization” is used when discussing intangible assets

Wal-Mart Stores Inc's depreciation, depletion and amortization for the three months ended in Oct. 2015 was $2,365 Mil.

3. Change In Working Capital:
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.

Wal-Mart Stores Inc's change in working capital for the three months ended in Oct. 2015 was $-397 Mil. It means Wal-Mart Stores Inc's working capital declined by $397 Mil from Jul. 2015 to Oct. 2015 .

4. Deferred Tax:
It is the cash flow generated from deferred tax.

Wal-Mart Stores Inc's cash flow from deferred tax for the three months ended in Oct. 2015 was $-591 Mil.

5. Cash Flow from Discontinued Operations:
Cash received by a company that comes from the sale of part of business.

Wal-Mart Stores Inc's cash flow from discontinued operations for the three months ended in Oct. 2015 was $0 Mil.

6. Stock Based Compensation:
It is a way corporations use stock options to reward employees. It provides executives and employees the opportunity to share in the growth of the company and, if structured properly, can align their interests with the interests of the company's shareholders and investors, without burning the company's cash on hand.

Wal-Mart Stores Inc's stock based compensation for the three months ended in Oct. 2015 was $0 Mil.

7. Cash Flow from Others:
These are cash differences caused by the change of inventory, accounts payable, accounts receivable etc. For instance, if a company pays its suppliers slower, its cash position will build up faster. If a company receives payments from its customers slower, its account receivables will rise, and its cash position will grow more slowly (or even shrink).

Wal-Mart Stores Inc's cash flow from others for the three months ended in Oct. 2015 was $112 Mil.


Related Terms

Net Income From Continuing Operations, Depreciation, Depletion and Amortization, Change In Working Capital, Cash Flow from Discontinued Operations, Stock Based Compensation, Cash Flow from Others, Cash Flow from Investing


Historical Data

* All numbers are in millions except for per share data and ratio. All numbers are in their own currency.

Wal-Mart Stores Inc Annual Data

Jan06Jan07Jan08Jan09Jan10Jan11Jan12Jan13Jan14Jan15
NetIncomeFromContinuingOperations 11,23111,28412,73113,75314,96215,95916,45417,70416,55116,814
CF_DDA 4,6455,4596,3176,7397,1577,6418,1308,4788,8709,173
ChangeInWorkingCapital 1,8061,2325601,3054,316-1,695-1,777-1,060-2,8232,295
CF_DeferredTax -12989-8581-5046511,050-133-279-503
Cash Flow from Disc. Op. 0000000000
Stock Based Compensation 0000000000
Cash Flow from Others 6881,8887547693181,087398602938785
Cash Flow from Operations 18,24119,95220,35423,14726,24923,64324,25525,59123,25728,564

Wal-Mart Stores Inc Quarterly Data

Jul13Oct13Jan14Apr14Jul14Oct14Jan15Apr15Jul15Oct15
NetIncomeFromContinuingOperations 4,2053,8704,5443,7114,0893,8265,1883,2833,6353,414
CF_DDA 2,2152,1982,2702,2502,2772,3542,2922,3192,3392,365
ChangeInWorkingCapital -594-4,7493,523-591-582-2,2235,691-1,236-374-397
CF_DeferredTax 347119-8732653-312-270-159-237-591
Cash Flow from Disc. Op. 0000000000
Stock Based Compensation 0000000000
Cash Flow from Others 184631473543124-75193239293112
Cash Flow from Operations 6,3572,0699,9375,9395,9613,57013,0944,4465,6564,903
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