Switch to:
Mylan NV (NAS:MYL)
Cash Flow from Operations
$1,483 Mil (TTM As of Sep. 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 Sep. 2015, Mylan NV's Net Income From Continuing Operations was $429 Mil. Its DDA was $258 Mil. Its Change In Working Capital was $-229 Mil. Its cash flow from deferred tax was $14 Mil. Its Cash Flow from Discontinued Operations was $0 Mil. Its Stock Based Compensation was $16 Mil. And its Cash Flow from Others was $487 Mil. In all, Mylan NV's Cash Flow from Operations for the three months ended in Sep. 2015 was $975 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.

Mylan NV's Cash Flow from Operations for the fiscal year that ended in Dec. 2014 is calculated as:

Mylan NV's Cash Flow from Operations for the quarter that ended in Sep. 2015 is

Mylan NV Cash Flow from Operations for the trailing twelve months (TTM) ended in Sep. 2015 was 126.6 (Dec. 2014 ) + 267 (Mar. 2015 ) + 114.7 (Jun. 2015 ) + 974.8 (Sep. 2015 ) = $1,483 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.

Mylan NV's net income from continuing operations for the three months ended in Sep. 2015 was $429 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

Mylan NV's depreciation, depletion and amortization for the three months ended in Sep. 2015 was $258 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.

Mylan NV's change in working capital for the three months ended in Sep. 2015 was $-229 Mil. It means Mylan NV's working capital declined by $229 Mil from Jun. 2015 to Sep. 2015 .

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

Mylan NV's cash flow from deferred tax for the three months ended in Sep. 2015 was $14 Mil.

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

Mylan NV's cash flow from discontinued operations for the three months ended in Sep. 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.

Mylan NV's stock based compensation for the three months ended in Sep. 2015 was $16 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).

Mylan NV's cash flow from others for the three months ended in Sep. 2015 was $487 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.

Mylan NV Annual Data

Mar06Mar07Dec08Dec09Dec10Dec11Dec12Dec13Dec14Dec15
NetIncomeFromContinuingOperations 185217-1812483465396436279330
CF_DDA 47624254014235115475165670
ChangeInWorkingCapital 114-35-204-264-142-470-673-489-1,1820
CF_DeferredTax -24-50-194-15511-57-109-87-3150
Cash Flow from Disc. Op. 0000000000
Stock Based Compensation 00313131434347660
Cash Flow from Others 941975083442631564984939460
Cash Flow from Operations 4173903846059317209491,1071,0150

Mylan NV Quarterly Data

Sep13Dec13Mar14Jun14Sep14Dec14Mar15Jun15Sep15Dec15
NetIncomeFromContinuingOperations 159181117127499191571684290
CF_DDA 1271421351291341691752592580
ChangeInWorkingCapital -99-87-198-316-232-437-8-458-2290
CF_DeferredTax -15-55-8-85-158-6513-89140
Cash Flow from Disc. Op. 0000000000
Stock Based Compensation 1311151716183416160
Cash Flow from Others 230226207307181251-32194870
Cash Flow from Operations 4154182681794411272671159750
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)

GuruFocus Premium Plus Membership

FEEDBACK