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Cash Flow from Investing covers the cash a company gains or spends from investment activities in financial market and operating subsidiaries. It also includes the cash the company used for property, plant and equipment (PPE).
For the three months ended in Dec. 2023, Quanta Services spent $101 Mil on purchasing property, plant, equipment. It gained $21 Mil from selling property, plant, and equipment. It spent $180 Mil on purchasing business. It gained $0 Mil from selling business. It spent $0 Mil on purchasing investments. It gained $0 Mil from selling investments. It paid $0Mil for net Intangibles purchase and sale. And it paid $7 Mil for other investing activities. In all, Quanta Services spent $267 Mil on investment activities in financial market and operating subsidiaries for the three months ended in Dec. 2023.
The historical data trend for Quanta Services's Cash Flow from Investing 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.
Quanta Services Annual Data | |||||||||||||||||||||
Trend | Dec14 | Dec15 | Dec16 | Dec17 | Dec18 | Dec19 | Dec20 | Dec21 | Dec22 | Dec23 | |||||||||||
Cash Flow from Investing | Get a 7-Day Free Trial | -617.60 | -499.32 | -2,898.61 | -617.19 | -989.65 |
Quanta Services Quarterly Data | ||||||||||||||||||||
Mar19 | Jun19 | Sep19 | Dec19 | Mar20 | Jun20 | Sep20 | Dec20 | Mar21 | Jun21 | Sep21 | Dec21 | Mar22 | Jun22 | Sep22 | Dec22 | Mar23 | Jun23 | Sep23 | Dec23 | |
Cash Flow from Investing | Get a 7-Day Free Trial | -141.45 | -488.62 | -78.74 | -154.96 | -267.33 |
Cash Flow from Investing covers the cash a company gains or spends from investment activities in financial market and operating subsidiaries. It also includes the cash the company used for property, plant and equipment (PPE).
If a company spends cash on property, plant and equipment (PPE), this will reduce their cash position. This is called Capital Expenditures (CPEX).
Likewise, if a company buys another company for cash, this will reduce their cash position.
Quanta Services's Cash Flow from Investing for the fiscal year that ended in Dec. 2023 is calculated as:
Cash Flow from Investing | (A: Dec. 2023 ) | ||||
= | Purchase Of Property, Plant, Equipment | + | Sale Of Property, Plant, Equipment | + | Purchase Of Business |
= | -434.803 | + | 69.347 | + | -659.16 |
+ | Sale Of Business | + | Purchase Of Investment | + | Sale Of Investment |
+ | 0 | + | 0 | + | 42.277 |
+ | Net Intangibles Purchase And Sale | + | Cash From Discontinued Investing Activities | + | Cash From Other Investing Activities |
+ | 0 | + | 0 | + | -7.311 |
= | -990 |
Quanta Services's Cash Flow from Investing for the quarter that ended in Dec. 2023 is calculated as:
Cash Flow from Investing | (Q: Dec. 2023 ) | ||||
= | Purchase Of Property, Plant, Equipment | + | Sale Of Property, Plant, Equipment | + | Purchase Of Business |
= | -101.367 | + | 21.364 | + | -180.012 |
+ | Sale Of Business | + | Purchase Of Investment | + | Sale Of Investment |
+ | 0 | + | 0 | + | 0 |
+ | Net Intangibles Purchase And Sale | + | Cash From Discontinued Investing Activities | + | Cash From Other Investing Activities |
+ | 0 | + | 0 | + | -7.311 |
= | -267 |
Cash Flow from Investing 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 $-990 Mil.
* 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.
Quanta Services (NYSE:PWR) Cash Flow from Investing Explanation
Cash flow from investing contains nine items:
1. Purchase Of Property, Plant, Equipment:
Purchase of PPE indicates the amount used to purchase property, plant, and equipment.
Quanta Services's purchase of property, plant, equipment for the three months ended in Dec. 2023 was $-101 Mil. It means Quanta Services spent $101 Mil on purchasing property, plant, equipment.
In the capital spending for property, plant and equipment (PPE), some part of spending may be from the expansion of business. The business needs more property, plant and equipment (PPE) as it grows. Another part may be from replacement of the property, plant and equipment (PPE) of existing business. For some companies, the cash spent on replacing of the property, plant and equipment (PPE) of the existing business will be close to the depreciation of property, plant and equipment (PPE) reported in the income statement.
In Warren Buffett's definition of Owner's Earnings, he deducts the estimate of the cost of replacing the property, plant and equipment (PPE) of the existing business from cash flow from operations. The cash spent on the new property, plant, and equipment is not deducted. The reason is because these are not costs of the existing business. In his 1986 letter to shareholders, Warren Buffett wrote this about owner earnings:
"These represent (a) reported earnings plus (b) depreciation, depletion, amortization, and certain other non-cash charges...less (c) the average annual amount of capitalized expenditures for plant and equipment, etc. that the business requires to fully maintain its long-term competitive position and its unit volume....Our owner-earnings equation does not yield the deceptively precise figures provided by GAAP, since (c) must be a guess - and one sometimes very difficult to make. Despite this problem, we consider the owner earnings figure, not the GAAP figure, to be the relevant item for valuation purposes...All of this points up the absurdity of the 'cash flow' numbers that are often set forth in Wall Street reports. These numbers routinely include (a) plus (b) - but do not subtract (c)."
2. Sale Of Property, Plant, Equipment:
Sale of PPE indicates the amount gained from selling property, plant, and equipment.
Quanta Services's sale of property, plant, equipment for the three months ended in Dec. 2023 was $21 Mil. It means Quanta Services gained $21 Mil from selling property, plant, and equipment.
3.Purchase Of Business:
Purchase of business indicates the amount used to purchase business.
Quanta Services's purchase of business for the three months ended in Dec. 2023 was $-180 Mil. It means Quanta Services spent $180 Mil on purchasing business.
4. Sale Of Business:
Sale of business indicates the amount gained from selling business.
Quanta Services's sale of business for the three months ended in Dec. 2023 was $0 Mil. It means Quanta Services gained $0 Mil from selling business.
5. Purchase Of Investment:
Purchase of Investments represents cash outflow on the purchase of investments in securities.
Quanta Services's purchase of investment for the three months ended in Dec. 2023 was $0 Mil. It means Quanta Services spent {stock_data.stock.currency_symbol}}0 Mil on purchasing investments.
6. Sale Of Investment:
Sale of Investments represents cash inflow on the sale of investments in securities.
Quanta Services's sale of investment for the three months ended in Dec. 2023 was $0 Mil. It means Quanta Services gained $0 Mil from selling investments.
7. Net Intangibles Purchase And Sale:
Net Intangibles purchase and sale means the net cash inflow received by a company that comes from the purchase and sale of intangibles. It equals the cash received from sale of intangibles minus the cash spent on purchasing intangibles.
Quanta Services's net Intangibles purchase and sale for the three months ended in Dec. 2023 was $0 Mil. It means Quanta Services paid $0 Mil for net Intangibles purchase and sale.
8. Cash From Discontinued Investing Activities:
Cash from discontinued investing activities means the cash received by a company that comes from the discontinued investing activities.
Quanta Services's cash from discontinued investing activities for the three months ended in Dec. 2023 was 0 Mil. It means Quanta Services paid $0 Mil for discontinued investing activities.
9. Cash From Other Investing Activities:
Cash from other investing activities means the cash received by a company that comes from other investing activities.
Quanta Services's cash from other investing activities for the three months ended in Dec. 2023 was $-7 Mil. It means Quanta Services paid $7 Mil for other investing activities.
Thank you for viewing the detailed overview of Quanta Services's Cash Flow from Investing provided by GuruFocus.com. Please click on the following links to see related term pages.
Donald Wayne | officer: EVP and General Counsel | 2727 NORTH LOOP WEST, HOUSTON TX 77008-1044 |
Raul Javier Valentin | director | ONE LIBERTY PLAZA, 7TH FLOOR, NEW YORK NY 10006 |
Dorothy Upperman | officer: VP Tax | 2727 NORTH LOOP WEST, HOUSTON TX 77008-1044 |
Bernard Fried | director | QUANTA SERVICES, INC., 2727 NORTH LOOP WEST, HOUSTON TX 77008 |
Worthing F Jackman | director | QUANTA SERVICES, INC., 2727 NORTH LOOP WEST, HOUSTON TX 77008 |
Ducey Gerald A Jr | officer: Pres. - Strategic Operations | 2727 NORTH LOOP WEST, HOUSTON TX 77008 |
Austin Earl C. Jr. | director, officer: President, CEO and COO | QUANTA SERVICES, INC., 2727 NORTH LOOP WEST, HOUSTON TX 77008-1044 |
James Redgie Probst | officer: President - Electric Power | 2727 NORTH LOOP WEST, HOUSTON TX 77008-1044 |
Derrick A Jensen | officer: Chief Financial Officer | QUANTA SERVICES, INC., 2800 POST OAK BLVD., SUITE 2600, HOUSTON TX 77056-6175 |
Robert Scott Rowe | director | 1333 WEST LOOP SOUTH, SUITE 1700, HOUSTON TX 77027 |
Vincent D Foster | director | QUANTA SERVICES, INC., 2727 NORTH LOOP WEST, HOUSTON TX 77008 |
Paul Nobel | officer: Chief Accounting Officer & VP | C/O QUANTA SERVICES, INC., 2727 NORTH LOOP WEST, HOUSTON TX 77008-1044 |
John Michal Conaway | director | QUANTA SERVICES, INC., 2800 POST OAK BLVD., SUITE 2600, HOUSTON TX 77056-6175 |
Holli C. Ladhani | director | 2800 POST OAK BLVD., SUITE 4500, HOUSTON TX 77056 |
Nicholas M Grindstaff | officer: VP - Finance and Treasurer | QUANTA SERVICES, INC., 2800 POST OAK BLVD., SUITE 2600, HOUSTON TX 77056-6175 |
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