La-Z-Boy (LZB)
La-Z-Boy Accruals: -23.38M
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LZB Accruals Rankings
| Overall | 26th percentile | 3151 of 4311 |
| Sector | 18th percentile | 311 of 381 in Consumer Goods |
| Industry | 0th percentile | 17 of 17 in Home Furnishings & Fixtures |
LZB Accruals Range, Past 5 Years
| Minimum | -92.54M | Jan 2009 |
| Maximum | 42.51M | Jul 2011 |
| Average | -15.09M |
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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LZB News
about 28 days ago by TradeIdeasQuant
about 29 days ago by azendrian
about 35 days ago by TradeIdeasQuant
Apr 25, 9:00AM Marketwire
about 68 days ago by investorentrypoint
about 71 days ago by MarketBrief
about 72 days ago by investorentrypoint
about 76 days ago by howardlindzon
about 77 days ago by Benzinga
about 78 days ago by investorentrypoint
about 79 days ago by investorentrypoint
Mar 07, 5:32PM PR Newswire
Feb 22, 12:40PM Seeking Alpha
Dec 01, 3:06PM Street Insider
Recent Quotes
| Symbol | Price | Chg | Chg % | Market Cap |
|---|---|---|---|---|
| LZB | 14.65 | +0.31 | +2.16% | 759.75M |
| LYV | 9.60 | +0.21 | +2.24% | 1.820B |
| LYTS | 6.42 | -0.05 | -0.77% | 154.27M |
| LYG | 1.63 | +0.03 | +1.88% | 2.829B |
| LYB | 40.89 | +1.29 | +3.26% | 23.47B |
| LXRX | 1.61 | +0.01 | +0.62% | 773.70M |
| LXP | 8.30 | -0.09 | -1.07% | 1.290B |
| LSTR | 54.12 | +0.51 | +0.95% | 2.528B |
| LSI | 6.85 | -0.05 | -0.72% | 3.882B |
| LSG | 0.8744 | -0.02 | -1.75% | 358.71M |
