Switch to:
Expeditors International of Washington Inc (NAS:EXPD)
Cash Flow from Operations
$573 Mil (TTM As of Sep. 2016)

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 Sep. 2016, Expeditors International of Washington Inc's Net Income From Continuing Operations was $108 Mil. Its DDA was $12 Mil. Its Change In Working Capital was $-14 Mil. Its cash flow from deferred tax was $-1 Mil. Its Cash Flow from Discontinued Operations was $0 Mil. Its Stock Based Compensation was $10 Mil. And its Cash Flow from Others was $1 Mil. In all, Expeditors International of Washington Inc's Cash Flow from Operations for the three months ended in Sep. 2016 was $116 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.

Expeditors International of Washington Inc's Cash Flow from Operations for the fiscal year that ended in Dec. 2015 is calculated as:

Expeditors International of Washington Inc's Cash Flow from Operations for the quarter that ended in Sep. 2016 is

Expeditors International of Washington Inc Cash Flow from Operations for the trailing twelve months (TTM) ended in Sep. 2016 was 115.914 (Dec. 2015 ) + 235.953 (Mar. 2016 ) + 105.052 (Jun. 2016 ) + 115.686 (Sep. 2016 ) = $573 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.

Expeditors International of Washington Inc's net income from continuing operations for the three months ended in Sep. 2016 was $108 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

Expeditors International of Washington Inc's depreciation, depletion and amortization for the three months ended in Sep. 2016 was $12 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.

Expeditors International of Washington Inc's change in working capital for the three months ended in Sep. 2016 was $-14 Mil. It means Expeditors International of Washington Inc's working capital declined by $14 Mil from Jun. 2016 to Sep. 2016 .

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

Expeditors International of Washington Inc's cash flow from deferred tax for the three months ended in Sep. 2016 was $-1 Mil.

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

Expeditors International of Washington Inc's cash flow from discontinued operations for the three months ended in Sep. 2016 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.

Expeditors International of Washington Inc's stock based compensation for the three months ended in Sep. 2016 was $10 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).

Expeditors International of Washington Inc's cash flow from others for the three months ended in Sep. 2016 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.

Expeditors International of Washington Inc Annual Data

Dec06Dec07Dec08Dec09Dec10Dec11Dec12Dec13Dec14Dec15
NetIncomeFromContinuingOperations 235270303240344386333350379459
CF_DDA 37414242373740484946
ChangeInWorkingCapital 38-341316-21-5-58-14-70-3
CF_DeferredTax 41916-211-412-21-718
Cash Flow from Disc. Op. 0000000000
Stock Based Compensation 42454539444444444343
Cash Flow from Others -22-28-10-5-19-1-11-00
Cash Flow from Operations 333313409331396457370408395565

Expeditors International of Washington Inc Quarterly Data

Jun14Sep14Dec14Mar15Jun15Sep15Dec15Mar16Jun16Sep16
NetIncomeFromContinuingOperations 9210310110711811911597116108
CF_DDA 12131212111112111212
ChangeInWorkingCapital -74-37-19-531-1-27106-30-14
CF_DeferredTax 3-2-15129-8510-6-1
Cash Flow from Disc. Op. 0000000000
Stock Based Compensation 12101010121111111310
Cash Flow from Others 011-1001101
Cash Flow from Operations 458790134182133116236105116
Get WordPress Plugins for easy affiliate links on Stock Tickers and Guru Names | Earn affiliate commissions by embedding GuruFocus Charts
GuruFocus Affiliate Program: Earn up to $400 per referral. ( Learn More)
FEEDBACK