Wipro (WIT)
Wipro Accruals: 710.00M
View WIT 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
WIT Accruals Rankings
| Overall | 99th percentile | 38 of 4310 |
| Sector | 99th percentile | 5 of 793 in Technology |
| Industry | 96th percentile | 1 of 27 in Information Technology Services |
WIT Accruals Range, Past 5 Years
| Minimum | -396.00M | Mar 2008 |
| Maximum | 710.00M | Mar 2012 |
| Average | 65.58M |
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 WIT related companies
WIT News
May 17, 7:15AM Street Insider
about 31 days ago by bradloncar
Apr 30, 11:15AM Street Insider
Apr 16, 12:09PM PR Newswire
Mar 14, 9:59AM Seeking Alpha
about 80 days ago by tradewithpete
about 84 days ago by brittpierpoint
about 84 days ago by StockTwits
about 84 days ago by ppearlman
Feb 24, 9:45AM Street Insider
about 122 days ago by STtech
about 220 days ago by szaman
about 220 days ago by stt2318
about 282 days ago by 1973Hog
about 316 days ago by hertcapital
Recent Quotes
| Symbol | Price | Chg | Chg % | Market Cap |
|---|---|---|---|---|
| WIT | 8.49 | -0.11 | -1.28% | 21.12B |
| WIRE | 24.80 | -0.21 | -0.84% | 585.98M |
| WIP | 58.10 | -0.05 | -0.09% | |
| WINA | 49.80 | -1.37 | -2.68% | 259.94M |
| WIN | 9.36 | +0.00 | +0.00% | 5.489B |
| WILN | 4.86 | -0.03 | -0.61% | 593.60M |
| WILC | 4.50 | -0.12 | -2.60% | 61.06M |
| WFSL | 16.41 | -0.08 | -0.49% | 1.764B |
| WFR | 1.69 | +0.02 | +1.20% | 385.42M |
| WFM | 86.53 | -2.08 | -2.35% | 16.16B |
