AutoZone (AZO)
AutoZone Accruals: 48.01M
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AZO Accruals Rankings
| Overall | 90th percentile | 392 of 4305 |
| Sector | 93rd percentile | 57 of 832 in Services |
| Industry | 80th percentile | 1 of 5 in Auto Parts Stores |
AZO Accruals Range, Past 5 Years
| Minimum | -228.41M | May 2011 |
| Maximum | 108.35M | Feb 2009 |
| Average | -87.29M |
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.
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AZO News
about 6 hours ago by jstonich
about a day ago by jstonich
about 2 days ago by 1nvestor
about 2 days ago by jstonich
about 2 days ago by jstonich
about 2 days ago by investorsmosaic
about 2 days ago by jstonich
about 2 days ago by investorsmosaic
about 2 days ago by jstonich
about 2 days ago by jstonich
about 2 days ago by jstonich
May 25, 9:01AM Street Insider
about 3 days ago by Berkutchi
about 3 days ago by jstonich
about 3 days ago by jstonich
about 3 days ago by KillerSgt
about 3 days ago by ronin245
about 4 days ago by jstonich
May 23, 9:15AM Street Insider
May 22, 4:34PM Fox Business
May 22, 9:31AM Street Insider
May 22, 9:15AM Street Insider
May 21, 5:23PM Street Insider
May 21, 11:27AM Street Insider
May 18, 4:33PM Fox Business
May 18, 1:19PM Street Insider
May 18, 7:22AM Street Insider
May 17, 12:32PM Fox Business
May 15, 3:33PM Street Insider
Apr 24, 8:37AM Benzinga
Recent Quotes
| Symbol | Price | Chg | Chg % | Market Cap |
|---|---|---|---|---|
| AZO | 374.37 | +4.97 | +1.35% | 14.74B |
| AZN | 41.23 | +0.05 | +0.12% | 53.28B |
| AVA | 25.45 | -0.04 | -0.16% | 1.490B |
| AV | 8.39 | -0.01 | -0.12% | 12.19B |
| AUY | 14.88 | +0.42 | +2.90% | 11.10B |
| AUXL | 19.26 | +0.17 | +0.86% | 930.69M |
| AUTH | 3.97 | +0.10 | +2.58% | 176.55M |
| AUQ | 7.82 | +0.04 | +0.51% | 2.203B |
| AUO | 3.94 | +0.00 | +0.00% | 3.478B |
| AUMN | 3.70 | -0.04 | -1.07% | 132.13M |