Old Dominion Freight Line (ODFL)
Old Dominion Freight Line Accruals: -47.23M
View ODFL Accruals with YCharts Pro.
Access these YCharts Pro features:
Export any data you want
Save any chart as an image
Utilize advanced screener power
View 30 years of financial history
over 90 advanced calculations
Enjoy an advertising free experience
ODFL Accruals Rankings
| Overall | 18th percentile | 3525 of 4311 |
| Sector | 22nd percentile | 644 of 832 in Services |
| Industry | 17th percentile | 19 of 23 in Trucking |
ODFL Accruals Range, Past 5 Years
| Minimum | -54.01M | Dec 2008 |
| Maximum | -4.276M | Jun 2007 |
| Average | -25.86M |
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
You may also be interested in these ODFL related companies
ODFL News
about 8 days ago by sld1986
about 14 days ago by sld1986
about 35 days ago by sld1986
about 35 days ago by sld1986
about 35 days ago by earningscast
about 35 days ago by TradeBot
Apr 26, 7:00AM Business Wire
about 35 days ago by TheSlayer
about 43 days ago by ycharts
Apr 09, 4:07PM PR Newswire
about 54 days ago by harmongreg
about 58 days ago by ajb_2010
about 77 days ago by harmongreg
Feb 29, 3:20PM Business Wire
Feb 02, 5:00PM PR Newswire
Recent Quotes
| Symbol | Price | Chg | Chg % | Market Cap |
|---|---|---|---|---|
| ODFL | 43.36 | -1.31 | -2.93% | 2.566B |
| ODC | 19.86 | -0.46 | -2.26% | 104.04M |
| OCZ | 4.58 | -0.33 | -6.72% | 322.88M |
| OCR | 31.99 | -0.46 | -1.42% | 3.687B |
| OCN | 16.06 | -0.03 | -0.19% | 2.092B |
| OCLS | 0.7309 | -0.03 | -3.83% | 22.06M |
| OCLRD | 2.51 | -0.13 | -4.92% | |
| OCLR | 2.51 | -0.13 | -4.92% | 135.85M |
| OCFC | 14.15 | -0.28 | -1.94% | 267.97M |
| OCC | 2.66 | -0.20 | -6.99% | 17.90M |