Westlake Chemical Corporation (WLK)
Westlake Chemical Corporation Accruals: -22.24M
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WLK Accruals Rankings
| Overall | 27th percentile | 3119 of 4310 |
| Sector | 40th percentile | 294 of 494 in Basic Materials |
| Industry | 20th percentile | 42 of 53 in Specialty Chemicals |
WLK Accruals Range, Past 5 Years
| Minimum | -219.07M | Dec 2008 |
| Maximum | 72.72M | Mar 2010 |
| Average | -29.76M |
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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WLK News
about 15 hours ago by MarketBrief
about 15 hours ago by MarketBrief
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about 3 days ago by MarketBrief
May 24, 6:12AM Street Insider
about 12 days ago by bradloncar
about 14 days ago by EPS_MomentuM
about 14 days ago by EPS_MomentuM
about 16 days ago by TheEquitiesRoom
about 27 days ago by abubnic
May 04, 4:11PM Street Insider
about 28 days ago by TripleDTrader
about 28 days ago by Street_Insider
May 04, 4:05PM Street Insider
May 04, 3:28PM Street Insider
May 01, 2:20PM Seeking Alpha
May 01, 8:00AM Business Wire
about 35 days ago by sunshinetrader
about 35 days ago by RecogniaEvents
about 44 days ago by FinanceTrends
about 77 days ago by StockSage1
about 80 days ago by StockTiger
Recent Quotes
| Symbol | Price | Chg | Chg % | Market Cap |
|---|---|---|---|---|
| WLK | 54.49 | -0.72 | -1.30% | 3.629B |
| WLFC | 12.74 | +0.00 | +0.00% | 116.70M |
| WLDN | 1.82 | -0.08 | -4.21% | 13.23M |
| WLB | 7.48 | +0.19 | +2.61% | 103.82M |
| WIW | 12.98 | +0.01 | +0.08% | |
| WIT | 8.60 | -0.04 | -0.46% | 21.12B |
| WBSN | 18.58 | +0.08 | +0.43% | 700.28M |
| WBS | 20.27 | +0.39 | +1.96% | 1.775B |
| WBMD | 23.03 | +0.58 | +2.58% | 1.310B |
| WBK | 98.71 | +0.26 | +0.26% | 59.82B |