Emulex Corporation (ELX)
Emulex Corporation Accruals: -2.064M
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ELX Accruals Rankings
| Overall | 55th percentile | 1927 of 4305 |
| Sector | 60th percentile | 311 of 791 in Technology |
| Industry | 50th percentile | 9 of 18 in Data Storage Devices |
ELX Accruals Range, Past 5 Years
| Minimum | -77.41M | Jun 2008 |
| Maximum | 15.48M | Sep 2008 |
| Average | -18.55M |
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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ELX News
about 3 days ago by Good2go
May 09, 8:06AM Benzinga
May 04, 10:24AM Street Insider
May 02, 12:00PM Business Wire
about 33 days ago by TradeBot
Apr 26, 8:19AM Street Insider
about 33 days ago by earningscast
Apr 13, 1:30PM Business Wire
Mar 06, 4:47PM Street Insider
about 86 days ago by MomentumPartnersLLC
about 86 days ago by MomentumPartnersLLC
about 87 days ago by illinijill
about 90 days ago by earningscast
about 91 days ago by ChartMill
about 91 days ago by reformedbroker
about 91 days ago by 1973Hog
about 91 days ago by chessNwine
about 91 days ago by lovebob
Recent Quotes
| Symbol | Price | Chg | Chg % | Market Cap |
|---|---|---|---|---|
| ELX | 6.76 | -0.05 | -0.73% | 584.00M |
| ELTK | 1.27 | -0.05 | -3.78% | 8.395M |
| ELT | 14.26 | -0.04 | -0.28% | 1.610B |
| ELSE | 4.19 | +0.04 | +0.96% | 14.20M |
| ELS | 66.54 | -0.48 | -0.72% | 2.748B |
| EDAP | 1.80 | -0.05 | -2.70% | 23.62M |
| ED | 59.61 | +0.02 | +0.03% | 17.46B |
| ECYT | 6.30 | +0.02 | +0.32% | 225.16M |
| ECPG | 24.16 | -0.07 | -0.29% | 592.40M |
| ECL | 64.35 | -0.74 | -1.14% | 18.78B |
