Corning (GLW)
Corning Accruals: -300.00M
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GLW Accruals Rankings
| Overall | 5th percentile | 4079 of 4304 |
| Sector | 6th percentile | 743 of 791 in Technology |
| Industry | 4th percentile | 46 of 48 in Diversified Electronics |
GLW Accruals Range, Past 5 Years
| Minimum | -1.048B | Dec 2010 |
| Maximum | 2.521B | Jun 2008 |
| Average | 101.90M |
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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GLW News
about 4 days ago by Gianluca_Ferrari
about 5 days ago by rosswhiting
about 5 days ago by azendrian
about 8 days ago by rosswhiting
May 18, 11:01AM Street Insider
about 12 days ago by Jasonw121
about 13 days ago by TraderHR
about 13 days ago by SPYvsSPY
May 15, 8:00AM Business Wire
May 15, 5:29AM theflyonthewall.com
May 14, 9:00PM Business Wire
about 15 days ago by 2ndstory
May 14, 10:46AM Business Wire
May 01, 8:20AM Marketwire
Apr 26, 1:36PM Street Insider
Apr 26, 11:32AM Benzinga
Apr 26, 11:30AM Business Wire
Recent Quotes
| Symbol | Price | Chg | Chg % | Market Cap |
|---|---|---|---|---|
| GLW | 13.13 | +0.22 | +1.70% | 19.65B |
| GLUU | 4.58 | -0.14 | -2.97% | 302.27M |
| GLU | 19.89 | -0.02 | -0.10% | |
| GLTR | 85.65 | -1.24 | -1.43% | |
| GLT | 15.39 | +0.33 | +2.19% | 641.86M |
| GLRE | 24.69 | +0.11 | +0.45% | 744.28M |
| GKSR | 30.37 | -0.04 | -0.13% | 572.62M |
| GKNT | 17.70 | +1.23 | +7.47% | 105.24M |
| GKK | 2.52 | +0.05 | +2.02% | 126.86M |
| GIVN | 17.25 | +0.09 | +0.52% | 526.30M |
