Neogen Corporation (NEOG)
Neogen Corporation Accruals: -1.817M
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NEOG Accruals Rankings
| Overall | 56th percentile | 1873 of 4311 |
| Sector | 42nd percentile | 287 of 499 in Healthcare |
| Industry | 17th percentile | 14 of 17 in Diagnostic Substances |
NEOG Accruals Range, Past 5 Years
| Minimum | -5.722M | Aug 2010 |
| Maximum | 4.657M | Aug 2011 |
| Average | -0.4832M |
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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NEOG News
about 14 days ago by traderNC
May 14, 2:20AM Benzinga
about 17 days ago by traderNC
about 35 days ago by RecogniaEvents
about 35 days ago by RecogniaEvents
Mar 30, 5:16AM Benzinga
about 64 days ago by earningscast
about 65 days ago by RecogniaEvents
Feb 13, 5:07AM Benzinga
about 147 days ago by MarketBrief
about 148 days ago by MarketBrief
about 152 days ago by MarketBrief
about 226 days ago by ShawnRobinson
about 246 days ago by Benzinga
about 328 days ago by ShawnRobinson
about 329 days ago by howardlindzon
about 377 days ago by hothorse
Recent Quotes
| Symbol | Price | Chg | Chg % | Market Cap |
|---|---|---|---|---|
| NEOG | 38.47 | -0.09 | -0.23% | 907.32M |
| NEN | 27.00 | +0.00 | +0.00% | 85.32M |
| NEM | 47.85 | -0.33 | -0.68% | 23.62B |
| NEI | 0.80 | +0.01 | +1.27% | 33.61M |
| NEE | 65.15 | -0.49 | -0.75% | 27.32B |
| NEBS | 9.78 | -0.71 | -6.77% | 63.99M |
| NEA | 15.00 | -0.02 | -0.13% | |
| NE | 32.61 | -1.54 | -4.51% | 8.612B |
| MSB | 24.80 | -0.46 | -1.82% | 331.41M |
| MS | 13.10 | -0.54 | -3.96% | 26.99B |
