Amcon Distributing Company (DIT)
Amcon Distributing Company Accruals: -9.774M
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DIT Accruals Rankings
| Overall | 39th percentile | 2623 of 4305 |
| Sector | 49th percentile | 421 of 832 in Services |
| Industry | 50th percentile | 3 of 6 in Food Wholesale |
DIT Accruals Range, Past 5 Years
| Minimum | -24.22M | Sep 2011 |
| Maximum | 18.81M | Jun 2011 |
| Average | -1.038M |
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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DIT News
Jan 24, 4:37PM Street Insider
about 192 days ago by MarketBrief
Oct 27, 9:13AM Street Insider
about 557 days ago by asues
about 651 days ago by asues
about 652 days ago by asues
about 652 days ago by GeoffGannon
about 872 days ago by misterchartt
about 973 days ago by Big_Fundamental
about 1046 days ago by FinancialNerd
about 1047 days ago by TradeHawk
about 1129 days ago by MDabbles
about 1129 days ago by super_trades
about 1129 days ago by super_trades
about 1131 days ago by super_trades
about 1131 days ago by super_trades
Recent Quotes
| Symbol | Price | Chg | Chg % | Market Cap |
|---|---|---|---|---|
| DIT | 59.00 | +0.00 | +0.00% | 37.17M |
| DISH | 28.24 | -0.27 | -0.95% | 12.63B |
| DISCK | 47.03 | +0.65 | +1.40% | 5.482B |
| DISCB | 49.68 | +0.00 | +0.00% | 13.60B |
| DISCA | 50.56 | +0.24 | +0.48% | 13.07B |
| DIS | 44.50 | +0.06 | +0.14% | 79.76B |
| DHT | 0.64 | +0.02 | +2.56% | 41.28M |
| DHRM | 2.11 | +0.13 | +6.57% | 9.643M |
| DHR | 52.76 | -0.07 | -0.13% | 36.50B |
| DHIL | 67.70 | +0.21 | +0.31% | 209.19M |