ABAXIS (ABAX)
ABAXIS Accruals: 22.04M
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ABAX Accruals Rankings
| Overall | 86th percentile | 596 of 4305 |
| Sector | 91st percentile | 42 of 499 in Healthcare |
| Industry | 88th percentile | 2 of 17 in Diagnostic Substances |
ABAX Accruals Range, Past 5 Years
| Minimum | -4.979M | Jun 2011 |
| Maximum | 22.04M | Mar 2012 |
| Average | -0.1586M |
About Accruals
Accruals are the non-cash net income earned by a business as a result of accrual based accounting. Mathematically, they are Net Income less Cash Flows from Operations.
Businesses with large positive accruals generally have large non-cash earnings like sales on account that have not yet been paid by customers. Those with negative accruals often are paid up-front for services and recognize the revenue over time as they perform the pre-paid service (newspapers are a good example of this type of business), or they may have large non-cash expenses such as depreciation.
Beware businesses that have large positive accruals over long periods of time. They are a signal of low quality earnings numbers (earnings without much actual cash behind them, in a simple sense). Accruals are also a key element of the Beneish M-Score which detects earnings manipulation, and companies with higher accruals relative to their assets are more likely to have been manipulating earnings.
Learn More
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ABAX News
May 14, 2:20AM Benzinga
May 08, 8:00AM PR Newswire
about 27 days ago by GucciMoccasins
about 28 days ago by abubnic
about 28 days ago by abubnic
about 28 days ago by howardlindzon
about 28 days ago by howardlindzon
about 28 days ago by howardlindzon
about 30 days ago by TradeBot
Apr 26, 4:00PM PR Newswire
about 37 days ago by TradeBot
Apr 16, 8:00AM PR Newswire
Mar 13, 8:00AM PR Newswire
Feb 29, 8:00AM PR Newswire
Feb 21, 6:00AM PR Newswire
Jan 27, 10:19AM Street Insider
about 121 days ago by earningscast
Jan 26, 4:00PM PR Newswire
Jan 26, 7:45AM PR Newswire
about 352 days ago by SharePlanner
about 445 days ago by TheEquitiesRoom
about 451 days ago by akminer
Recent Quotes
| Symbol | Price | Chg | Chg % | Market Cap |
|---|---|---|---|---|
| ABAX | 32.56 | -0.02 | -0.06% | 706.23M |
| AB | 13.38 | -0.19 | -1.40% | 1.407B |
| AAXJ | 49.90 | -0.38 | -0.76% | |
| AAWW | 45.92 | -0.76 | -1.63% | 1.208B |
| AAV | 2.83 | -0.01 | -0.35% | 471.39M |
| AAU | 2.01 | -0.04 | -1.95% | 118.83M |
| AAPL | 562.29 | -3.03 | -0.54% | 524.26B |
| AAP | 73.67 | +0.74 | +1.01% | 5.373B |
| AAON | 19.43 | +0.47 | +2.48% | 477.40M |
| AAN | 26.87 | +0.09 | +0.34% | 2.043B |