Carpenter Technology (CRS)
Carpenter Technology Accruals: -42.70M
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CRS Accruals Rankings
| Overall | 19th percentile | 3480 of 4305 |
| Sector | 7th percentile | 289 of 313 in Industrial Goods |
| Industry | 0th percentile | 17 of 17 in Metal Fabrication |
CRS Accruals Range, Past 5 Years
| Minimum | -121.50M | Jun 2009 |
| Maximum | 97.80M | Sep 2011 |
| Average | -8.965M |
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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CRS News
Apr 25, 4:12PM Seeking Alpha
about 34 days ago by TradeBot
about 34 days ago by earningscast
Apr 20, 3:22AM Benzinga
Apr 18, 8:57AM Street Insider
Feb 29, 1:49PM Street Insider
Feb 29, 1:45PM Business Wire
Feb 24, 8:32AM Benzinga
about 95 days ago by algokid
about 95 days ago by TradeIdeasQuant
about 112 days ago by MarketPanic
about 113 days ago by MarketPanic
Jan 27, 1:51PM Street Insider
Jan 26, 5:12PM Seeking Alpha
about 123 days ago by earningscast
about 124 days ago by Benzinga
about 131 days ago by MarketPanic
about 131 days ago by MarketPanic
about 214 days ago by JeanPaul
about 228 days ago by DynamicDividend
about 256 days ago by StockTwits
Recent Quotes
| Symbol | Price | Chg | Chg % | Market Cap |
|---|---|---|---|---|
| CRS | 46.44 | -1.12 | -2.35% | 2.373B |
| CRRC | 10.48 | +0.44 | +4.38% | 128.38M |
| CRRB | 5.38 | -0.03 | -0.55% | 13.88M |
| CRR | 82.79 | -1.50 | -1.78% | 1.911B |
| CROX | 17.44 | +0.35 | +2.05% | 1.567B |
| CRNT | 8.42 | -0.04 | -0.47% | 296.97M |
| CRMT | 41.34 | -3.68 | -8.17% | 396.45M |
| CRME | 0.44 | +0.01 | +2.33% | 26.90M |
| CRMD | 0.27 | -0.01 | -3.50% | 3.081M |
| CRM | 147.00 | +0.79 | +0.54% | 20.14B |
