School Specialty (SCHS)
School Specialty Accruals: -145.35M
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SCHS Accruals Rankings
| Overall | 8th percentile | 3946 of 4311 |
| Sector | 9th percentile | 760 of 836 in Services |
| Industry | 3rd percentile | 25 of 26 in Education & Training Services |
SCHS Accruals Range, Past 5 Years
| Minimum | -323.95M | Jul 2010 |
| Maximum | 92.63M | Jul 2007 |
| Average | -38.54M |
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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SCHS News
May 23, 4:43PM The Wall Street Journal
May 23, 2:28PM Street Insider
May 23, 12:40PM The Wall Street Journal
Apr 02, 8:30AM GlobeNewswire
about 64 days ago by RecogniaEvents
about 79 days ago by TheEquitiesRoom
about 79 days ago by TheEquitiesRoom
about 83 days ago by RecogniaEvents
about 84 days ago by RecogniaEvents
about 98 days ago by earningscast
Feb 23, 10:00AM Street Insider
Feb 23, 9:22AM GlobeNewswire
Feb 23, 8:30AM GlobeNewswire
about 112 days ago by kunal00
Jan 19, 9:00AM GlobeNewswire
Jan 18, 11:00AM GlobeNewswire
Jan 12, 8:30AM GlobeNewswire
about 142 days ago by InvestorsHeadquarter
about 143 days ago by 1973Hog
Recent Quotes
| Symbol | Price | Chg | Chg % | Market Cap |
|---|---|---|---|---|
| SCHS | 2.98 | -0.02 | -0.67% | 56.97M |
| SCHN | 26.08 | -1.28 | -4.68% | 745.83M |
| SBI | 10.34 | -0.23 | -2.18% | |
| SBGI | 8.13 | +0.02 | +0.25% | 656.75M |
| SBCF | 1.51 | +0.04 | +2.72% | 139.22M |
| SBBX | 5.11 | +0.45 | +9.66% | 17.22M |
| SB | 6.50 | +0.11 | +1.72% | 485.00M |
| RL | 148.75 | +0.06 | +0.04% | 13.73B |
| RKT | 51.58 | +0.12 | +0.23% | 3.633B |
| RJF | 34.19 | +0.33 | +0.97% | 4.608B |
