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Ossen Innovation Co Cash Flow from Operations

: $0.4 Mil (TTM As of Jun. 2020)
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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 six months ended in Jun. 2020, Ossen Innovation Co's Net Income From Continuing Operations was $5.9 Mil. Its Depreciation, Depletion and Amortization was $0.3 Mil. Its Change In Working Capital was $-2.7 Mil. Its cash flow from deferred tax was $0.0 Mil. Its Cash from Discontinued Operating Activities was $0.0 Mil. Its Asset Impairment Charge was $0.0 Mil. Its Stock Based Compensation was $0.0 Mil. And its Cash Flow from Others was $-0.0 Mil. In all, Ossen Innovation Co's Cash Flow from Operations for the six months ended in Jun. 2020 was $3.4 Mil.


Ossen Innovation Co Cash Flow from Operations Historical Data

* All numbers are in millions except for per share data and ratio. All numbers are in their local exchange's currency.

* Premium members only.

Ossen Innovation Co Annual Data
Dec10 Dec11 Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19
Cash Flow from Operations Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 12.44 15.53 -3.02 7.62 0.40

Ossen Innovation Co Semi-Annual Data
Dec10 Jun11 Dec11 Jun12 Dec12 Jun13 Dec13 Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20
Cash Flow from Operations Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only -2.73 10.35 -13.53 13.94 3.44

Ossen Innovation Co Cash Flow from Operations Calculation

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.

Ossen Innovation Co's Cash Flow from Operations for the fiscal year that ended in Dec. 2019 is calculated as:

Ossen Innovation Co's Cash Flow from Operations for the quarter that ended in Jun. 2020 is:


For stock reported semi-annually, GuruFocus uses latest annual data as the TTM data. Cash Flow from Operations for the trailing twelve months (TTM) ended in Jun. 2020 was $0.4 Mil.

* All numbers are in millions except for per share data and ratio. All numbers are in their local exchange's currency.


Ossen Innovation Co  (NAS:OSN) Cash Flow from Operations Explanation

For companies reported in indirect method, 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.

Ossen Innovation Co's net income from continuing operations for the six months ended in Jun. 2020 was $5.9 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

Ossen Innovation Co's depreciation, depletion and amortization for the six months ended in Jun. 2020 was $0.3 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.

Ossen Innovation Co's change in working capital for the six months ended in Jun. 2020 was $-2.7 Mil. It means Ossen Innovation Co's working capital declined by $2.7 Mil from Dec. 2019 to Jun. 2020 .

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

Ossen Innovation Co's cash flow from deferred tax for the six months ended in Jun. 2020 was $0.0 Mil.

5. Cash from Discontinued Operating Activities:
Net cash from all of the entity's discontinued operating activities.

Ossen Innovation Co's cash from discontinued operating Activities for the six months ended in Jun. 2020 was $0.0 Mil.

6. Asset Impairment Charge:
It is the charge against earnings resulting from the aggregate write down of all assets from their carrying value to their fair value.

Ossen Innovation Co's asset impairment charge for the six months ended in Jun. 2020 was $0.0 Mil.

7. 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.

Ossen Innovation Co's stock based compensation for the six months ended in Jun. 2020 was $0.0 Mil.

8. 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).

Ossen Innovation Co's cash flow from others for the six months ended in Jun. 2020 was $-0.0 Mil.


Ossen Innovation Co Cash Flow from Operations Related Terms


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