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GuruFocus has detected 2 Warning Signs with Dick's Sporting Goods Inc $DKS.
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Dick's Sporting Goods Inc (NYSE:DKS)
Cash Flow from Operations
$759 Mil (TTM As of Jan. 2017)

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 Jan. 2017, Dick's Sporting Goods Inc's Net Income From Continuing Operations was $90 Mil. Its DDA was $85 Mil. Its Change In Working Capital was $440 Mil. Its cash flow from deferred tax was $-48 Mil. Its Cash Flow from Discontinued Operations was $0 Mil. Its Stock Based Compensation was $9 Mil. And its Cash Flow from Others was $-1 Mil. In all, Dick's Sporting Goods Inc's Cash Flow from Operations for the three months ended in Jan. 2017 was $575 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.

Dick's Sporting Goods Inc's Cash Flow from Operations for the fiscal year that ended in Jan. 2017 is calculated as:

Dick's Sporting Goods Inc's Cash Flow from Operations for the quarter that ended in Jan. 2017 is

Dick's Sporting Goods Inc Cash Flow from Operations for the trailing twelve months (TTM) ended in Jan. 2017 was -0.135 (Apr. 2016 ) + 223.064 (Jul. 2016 ) + -38.467 (Oct. 2016 ) + 574.521 (Jan. 2017 ) = $759 Mil.

* All numbers are in millions except for per share data and ratio. All numbers are in their local exchange's 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.

Dick's Sporting Goods Inc's net income from continuing operations for the three months ended in Jan. 2017 was $90 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

Dick's Sporting Goods Inc's depreciation, depletion and amortization for the three months ended in Jan. 2017 was $85 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.

Dick's Sporting Goods Inc's change in working capital for the three months ended in Jan. 2017 was $440 Mil. It means Dick's Sporting Goods Inc's working capital increased by $440 Mil from Oct. 2016 to Jan. 2017 .

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

Dick's Sporting Goods Inc's cash flow from deferred tax for the three months ended in Jan. 2017 was $-48 Mil.

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

Dick's Sporting Goods Inc's cash flow from discontinued operations for the three months ended in Jan. 2017 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.

Dick's Sporting Goods Inc's stock based compensation for the three months ended in Jan. 2017 was $9 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).

Dick's Sporting Goods Inc's cash flow from others for the three months ended in Jan. 2017 was $-1 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 local exchange's currency.

Dick's Sporting Goods Inc Annual Data

Jan08Jan09Jan10Jan11Jan12Jan13Jan14Jan15Jan16Jan17
NetIncomeFromContinuingOperations 155-35135182264291338344330287
CF_DDA 7591101110117125155179194234
ChangeInWorkingCapital 63-69147741320-1148887258
CF_DeferredTax -33-4691825-225-69-45
Cash Flow from Disc. Op. 0000000000
Stock Based Compensation 0262125243227262934
Cash Flow from Others 2193-13-19-33-27-26-26-6-9
Cash Flow from Operations 263160401390410438404606644759

Dick's Sporting Goods Inc Quarterly Data

Oct14Jan15Apr15Jul15Oct15Jan16Apr16Jul16Oct16Jan17
NetIncomeFromContinuingOperations 4915663914712957914990
CF_DDA 41484348465748495385
ChangeInWorkingCapital -150286-7829-178314-11676-141440
CF_DeferredTax 3125-7-102011-1-7-48
Cash Flow from Disc. Op. 0000000000
Stock Based Compensation 7777788889
Cash Flow from Others 0-5-5-1-0-0-70-1-1
Cash Flow from Operations -4950336168-87528-0223-38575
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