Career Education Corporation (CECO)
Career Education Corporation Accruals: 34.72M
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CECO Accruals Rankings
| Overall | 89th percentile | 465 of 4305 |
| Sector | 91st percentile | 70 of 832 in Services |
| Industry | 96th percentile | 1 of 26 in Education & Training Services |
CECO Accruals Range, Past 5 Years
| Minimum | -144.90M | Sep 2009 |
| Maximum | 69.92M | Jun 2010 |
| Average | -36.43M |
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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CECO News
about a day ago by ACInvestorBlog
May 25, 1:42PM Street Insider
about 3 days ago by TradeIdeasQuant
about 3 days ago by Glopolon
about 3 days ago by ACInvestorBlog
about 3 days ago by Glopolon
about 3 days ago by Val_U_Investor
about 3 days ago by Glopolon
about 7 days ago by ACInvestorBlog
about 11 days ago by MarketBrief
May 14, 2:57PM Street Insider
about 14 days ago by Stop_Hunter
about 14 days ago by ldrogen
May 14, 11:13AM Street Insider
May 11, 5:02PM Seeking Alpha
about 17 days ago by PAAResearch
about 17 days ago by TradeIdeasQuant
May 11, 8:28AM Street Insider
May 09, 5:58PM Street Insider
May 02, 8:25AM Marketwire
May 01, 4:30PM Business Wire
May 01, 7:53AM Street Insider
Apr 30, 6:49PM Business Wire
Apr 06, 2:21PM Business Wire
Recent Quotes
| Symbol | Price | Chg | Chg % | Market Cap |
|---|---|---|---|---|
| CECO | 7.03 | +0.72 | +11.41% | 474.81M |
| CECE | 7.15 | +0.11 | +1.56% | 103.82M |
| CEC | 35.78 | -0.22 | -0.61% | 646.90M |
| CEBK | 30.50 | +0.00 | +0.00% | 51.24M |
| CEA | 14.45 | -0.10 | -0.69% | 2.769B |
| COGO | 1.89 | +0.02 | +1.07% | |
| COG | 34.77 | -0.30 | -0.86% | 7.282B |
| COF | 51.13 | -0.59 | -1.14% | 29.66B |
| CODI | 13.12 | -0.03 | -0.23% | 633.70M |
| CODE | 10.81 | -0.07 | -0.64% | 647.74M |