Techne Corporation (TECH)
Techne Corporation Accruals: -2.707M
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TECH Accruals Rankings
| Overall | 52nd percentile | 2031 of 4310 |
| Sector | 36th percentile | 320 of 501 in Healthcare |
| Industry | 34th percentile | 49 of 75 in Medical Appliances & Equipment |
TECH Accruals Range, Past 5 Years
| Minimum | -6.911M | Sep 2011 |
| Maximum | 9.17M | Mar 2010 |
| Average | -2.143M |
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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TECH News
about 4 days ago by abubnic
about 22 days ago by gtlackey
May 01, 7:00AM PR Newswire
Jan 31, 7:00AM PR Newswire
about 215 days ago by Inside_bar
about 217 days ago by DynamicDividend
about 286 days ago by 1nvestor
about 345 days ago by tradewithpete
about 389 days ago by canarionyc
about 393 days ago by canarionyc
about 393 days ago by canarionyc
about 508 days ago by tea650
about 583 days ago by Sangluccitrades
about 592 days ago by Head_Scratcher
about 616 days ago by drakoncapital
about 626 days ago by The20YM
about 719 days ago by mckra1g
about 741 days ago by ToddinFL
about 778 days ago by EquityClock
about 855 days ago by rfurlan
about 858 days ago by zippertheory
about 872 days ago by themeatbaron
Recent Quotes
| Symbol | Price | Chg | Chg % | Market Cap |
|---|---|---|---|---|
| TECH | 66.42 | -1.44 | -2.12% | 2.501B |
| TECD | 47.17 | -0.44 | -0.92% | 1.966B |
| TEAR | 3.02 | -0.22 | -6.79% | 66.16M |
| TEA | 13.04 | -0.24 | -1.81% | 508.76M |
| TE | 17.19 | -0.21 | -1.21% | 3.755B |
| TDY | 57.17 | -2.41 | -4.04% | 2.187B |
| TDW | 44.47 | -0.61 | -1.35% | 2.306B |
| TDS.S | 26.92 | +0.07 | +0.26% | |
| TDS | 19.44 | -0.41 | -2.07% | 2.153B |
| TDD | 21.62 | -0.01 | -0.05% |