Switch to:
GuruFocus has detected 6 Warning Signs with Flex Ltd $FLEX.
More than 500,000 people have already joined GuruFocus to track the stocks they follow and exchange investment ideas.
Flex Ltd (NAS:FLEX)
Cash Flow from Operations
$1,150 Mil (TTM As of Mar. 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 Mar. 2017, Flex Ltd's Net Income From Continuing Operations was $87 Mil. Its DDA was $143 Mil. Its Change In Working Capital was $-157 Mil. Its cash flow from deferred tax was $0 Mil. Its Cash Flow from Discontinued Operations was $0 Mil. Its Stock Based Compensation was $0 Mil. And its Cash Flow from Others was $64 Mil. In all, Flex Ltd's Cash Flow from Operations for the three months ended in Mar. 2017 was $137 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.

Flex Ltd's Cash Flow from Operations for the fiscal year that ended in Mar. 2017 is calculated as:

Flex Ltd's Cash Flow from Operations for the quarter that ended in Mar. 2017 is

Flex Ltd Cash Flow from Operations for the trailing twelve months (TTM) ended in Mar. 2017 was 263.932 (Jun. 2016 ) + 279.62 (Sep. 2016 ) + 469.636 (Dec. 2016 ) + 136.721 (Mar. 2017 ) = $1,150 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.

Flex Ltd's net income from continuing operations for the three months ended in Mar. 2017 was $87 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

Flex Ltd's depreciation, depletion and amortization for the three months ended in Mar. 2017 was $143 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.

Flex Ltd's change in working capital for the three months ended in Mar. 2017 was $-157 Mil. It means Flex Ltd's working capital declined by $157 Mil from Dec. 2016 to Mar. 2017 .

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

Flex Ltd's cash flow from deferred tax for the three months ended in Mar. 2017 was $0 Mil.

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

Flex Ltd's cash flow from discontinued operations for the three months ended in Mar. 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.

Flex Ltd's stock based compensation for the three months ended in Mar. 2017 was $0 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).

Flex Ltd's cash flow from others for the three months ended in Mar. 2017 was $64 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.

Flex Ltd Annual Data

Mar08Mar09Mar10Mar11Mar12Mar13Mar14Mar15Mar16Mar17
NetIncomeFromContinuingOperations -639-6,13619596489277366601444320
CF_DDA 713694708472522566465540515610
ChangeInWorkingCapital 33273344-221-251316401-31867157
CF_DeferredTax 634-20-108-51-1-33-36000
Cash Flow from Disc. Op. 0000000000
Stock Based Compensation 48575655483540507877
Cash Flow from Others -445,988817-3-46-19-8032-13
Cash Flow from Operations 1,0431,3177998578041,1151,2167941,1361,150

Flex Ltd Quarterly Data

Dec14Mar15Jun15Sep15Dec15Mar16Jun16Sep16Dec16Mar17
NetIncomeFromContinuingOperations 15313511112314961106-312987
CF_DDA 144136110121151133130208129143
ChangeInWorkingCapital 66-11714156-22-1082974211-157
CF_DeferredTax 0000000000
Cash Flow from Disc. Op. 0000000000
Stock Based Compensation 0000000000
Cash Flow from Others -0-300-0-011000064
Cash Flow from Operations 363125362300278197264280470137
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)

GF Chat

{{numOfNotice}}
FEEDBACK