Nidec Corporation (NJ)
Nidec Corporation Accruals: -64.62M
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NJ Accruals Rankings
| Overall | 14th percentile | 3671 of 4311 |
| Sector | 6th percentile | 293 of 313 in Industrial Goods |
| Industry | 2nd percentile | 42 of 43 in Industrial Electrical Equipment |
NJ Accruals Range, Past 5 Years
| Minimum | -268.71M | Mar 2008 |
| Maximum | 6.814M | Jun 2007 |
| Average | -90.07M |
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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NJ News
May 28, 2:30AM GlobeNewswire
Apr 03, 2:30AM GlobeNewswire
Mar 28, 3:35AM GlobeNewswire
Jan 24, 7:06AM Benzinga
Jan 24, 1:30AM GlobeNewswire
Jan 24, 1:30AM GlobeNewswire
Jan 23, 4:41PM Benzinga
Dec 01, 1:30AM GlobeNewswire
about 183 days ago by wsfms
about 651 days ago by BloombergNow
about 668 days ago by goingmakai
about 692 days ago by KiplingerMedia
about 859 days ago by MOFinancial
about 1310 days ago by TradeIdeas
Recent Quotes
| Symbol | Price | Chg | Chg % | Market Cap |
|---|---|---|---|---|
| NJ | 20.55 | -0.09 | -0.44% | 11.98B |
| NIO | 14.83 | +0.03 | +0.20% | |
| NINE | 1.10 | +0.00 | +0.00% | 42.67M |
| NIM | 10.57 | -0.06 | -0.56% | |
| NILE | 32.14 | -0.89 | -2.69% | 458.79M |
| NII | 15.55 | +0.06 | +0.39% | |
| NIHD | 11.41 | -0.31 | -2.65% | 2.006B |
| NIE | 16.41 | -0.17 | -1.04% | |
| NICK | 12.18 | -0.18 | -1.46% | 148.07M |
| NICE | 37.05 | -0.65 | -1.72% | 2.330B |
