Question
Should I be concerned about quality of earnings, based on trend analysis, of cash flow accruals: Walmart Inc., cash flow statement computation of aggregate accruals
Should I be concerned about quality of earnings, based on trend analysis, of cash flow accruals:
Walmart Inc., cash flow statement computation of aggregate accruals | |||||
USD $ in millions | |||||
| Jan 31, 2018 | Jan 31, 2017 | Jan 31, 2016 | Jan 31, 2015 | Jan 31, 2014 |
Consolidated net income attributable to Walmart | 9,862 | 13,643 | 14,694 | 16,363 | 16,022 |
Less: Net cash provided by operating activities | 28,337 | 31,530 | 27,389 | 28,564 | 23,257 |
Less: Net cash used in investing activities | -9,060 | -13,987 | -10,675 | -11,125 | -12,298 |
Cash-flow-statement-based aggregate accruals | -9,415 | -3,900 | -2,020 | -1,076 | 5,063 |
Ratio | |||||
Cash-flow-statement-based accruals ratio | -7.84% | -3.19% | -1.60% | -0.83% | 3.88% |
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