Switch to:
Sears Holdings Corp (NAS:SHLD)
Cash Flow from Operations
$-1,379 Mil (TTM As of Oct. 2014)

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. 2014, Sears Holdings Corp's Net Income From Continuing Operations was $-628 Mil. Its DDA was $148 Mil. Its Change In Working Capital was $-554 Mil. Its cash flow from deferred tax was $0 Mil. Its Cash Flow from Discontinued Operations was $0 Mil. And its Cash Flow from Others was $-161 Mil. In all, Sears Holdings Corp's Cash Flow from Operations for the three months ended in Oct. 2014 was $-1,195 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.

Sears Holdings Corp's Cash Flow from Operations for the fiscal year that ended in Jan. 2014 is calculated as:

Sears Holdings Corp's Cash Flow from Operations for the quarter that ended in Oct. 2014 is

Sears Holdings Corp Cash Flow from Operations for the trailing twelve months (TTM) ended in Oct. 2014 was 563 (Jan. 2014 ) + -560 (Apr. 2014 ) + -187 (Jul. 2014 ) + -1195 (Oct. 2014 ) = $-1,379 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.

Sears Holdings Corp's net income from continuing operations for the three months ended in Oct. 2014 was $-628 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

Sears Holdings Corp's depreciation, depletion and amortization for the three months ended in Oct. 2014 was $148 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.

Sears Holdings Corp's change in working capital for the three months ended in Oct. 2014 was $-554 Mil. It means Sears Holdings Corp's working capital declined by $554 Mil from Jul. 2014 to Oct. 2014 .

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

Sears Holdings Corp's cash flow from deferred tax for the three months ended in Oct. 2014 was $0 Mil.

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

Sears Holdings Corp's cash flow from discontinued operations for the three months ended in Oct. 2014 was $0 Mil.

6. 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).

Sears Holdings Corp's cash flow from others for the three months ended in Oct. 2014 was $-161 Mil.


Related Terms

Net Income From Continuing Operations, Depreciation, Depletion and Amortization, Change In Working Capital, Cash Flow from Discontinued Operations, 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.

Sears Holdings Corp Annual Data

Jan05Jan06Jan07Jan08Jan09Jan10Jan11Jan12Jan13Jan14
NetIncomeFromContinuingOperations 1,1068571,49282699297139-3,120-1,054-1,116
CF_DDA 699421,1431,049981926869853830732
ChangeInWorkingCapital 277280-1,296-203-47567-545-33-18-328
CF_DeferredTax 59752263-840001,798237720
Cash Flow from Disc. Op. 0000000000
Cash Flow from Others -98162-174-41-41-283-340227-298-1,117
Cash Flow from Operations 1,0682,1931,4281,5479921,507123-275-303-1,109

Sears Holdings Corp Quarterly Data

Jul12Oct12Jan13Apr13Jul13Oct13Jan14Apr14Jul14Oct14
NetIncomeFromContinuingOperations -133-498-617-292-127-547-150-442-581-628
CF_DDA 212211205191187181173155152148
ChangeInWorkingCapital -22-567528-517266-426349-131382-554
CF_DeferredTax 00237000720000
Cash Flow from Disc. Op. 0000000000
Cash Flow from Others -70-355625-95-328-165-529-142-140-161
Cash Flow from Operations -13-1,209978-713-2-957563-560-187-1,195
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)
Free 7-day Trial
FEEDBACK