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Sysco Corp (NYSE:SYY)
Cash Flow from Operations
$2,069 Mil (TTM As of Dec. 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 Dec. 2016, Sysco Corp's Net Income From Continuing Operations was $275 Mil. Its DDA was $237 Mil. Its Change In Working Capital was $-151 Mil. Its cash flow from deferred tax was $-30 Mil. Its Cash Flow from Discontinued Operations was $0 Mil. Its Stock Based Compensation was $18 Mil. And its Cash Flow from Others was $6 Mil. In all, Sysco Corp's Cash Flow from Operations for the three months ended in Dec. 2016 was $356 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.

Sysco Corp's Cash Flow from Operations for the fiscal year that ended in Jun. 2016 is calculated as:

Sysco Corp's Cash Flow from Operations for the quarter that ended in Dec. 2016 is

Sysco Corp Cash Flow from Operations for the trailing twelve months (TTM) ended in Dec. 2016 was 520.1 (Mar. 2016 ) + 944.161 (Jun. 2016 ) + 248.674 (Sep. 2016 ) + 356.25 (Dec. 2016 ) = $2,069 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.

Sysco Corp's net income from continuing operations for the three months ended in Dec. 2016 was $275 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

Sysco Corp's depreciation, depletion and amortization for the three months ended in Dec. 2016 was $237 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.

Sysco Corp's change in working capital for the three months ended in Dec. 2016 was $-151 Mil. It means Sysco Corp's working capital declined by $151 Mil from Sep. 2016 to Dec. 2016 .

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

Sysco Corp's cash flow from deferred tax for the three months ended in Dec. 2016 was $-30 Mil.

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

Sysco Corp's cash flow from discontinued operations for the three months ended in Dec. 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.

Sysco Corp's stock based compensation for the three months ended in Dec. 2016 was $18 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).

Sysco Corp's cash flow from others for the three months ended in Dec. 2016 was $6 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.

Sysco Corp Annual Data

Jun07Jun08Jun09Jun10Jun11Jun12Jun13Jun14Jun15Jun16
NetIncomeFromContinuingOperations 1,0011,1061,0561,1801,1521,122992932687950
CF_DDA 363373382390403417510548553663
ChangeInWorkingCapital -618-636306-666-390-59-69-67240-95
CF_DeferredTax 546643-294-122-165-178-28-31-594
Cash Flow from Disc. Op. 0000000000
Stock Based Compensation 0815666597070747479
Cash Flow from Others 111297137333236376242
Cash Flow from Operations 1,4031,5961,5778851,0921,4041,5121,4931,5551,933

Sysco Corp Quarterly Data

Sep14Dec14Mar15Jun15Sep15Dec15Mar16Jun16Sep16Dec16
NetIncomeFromContinuingOperations 27915817773244272217216324275
CF_DDA 134141137141136145179202212237
ChangeInWorkingCapital -3805180490-864254117398-317-151
CF_DeferredTax 10-3-2-1012529-28-3211-30
Cash Flow from Disc. Op. 0000000000
Stock Based Compensation 12321712123222132518
Cash Flow from Others 811-2-1185-313147-66
Cash Flow from Operations 63390408695-261730520944249356
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