WidePoint Corporation (WYY)
WidePoint Corporation Accruals: -1.288M
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WYY Accruals Rankings
| Overall | 58th percentile | 1770 of 4308 |
| Sector | 67th percentile | 268 of 836 in Services |
| Industry | 36th percentile | 12 of 19 in Technical Services |
WYY Accruals Range, Past 5 Years
| Minimum | -3.113M | Mar 2008 |
| Maximum | 2.529M | Mar 2010 |
| Average | -0.1874M |
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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WYY News
about 17 days ago by MarkeScope
May 02, 8:30AM PR Newswire
Mar 21, 8:30AM PR Newswire
Feb 14, 8:30AM PR Newswire
Jan 10, 12:48PM PR Newswire
Nov 14, 4:13PM FlyOnTheWall
about 205 days ago by MarketBrief
Nov 07, 8:30AM PR Newswire
about 283 days ago by Legacy_Trades
about 283 days ago by Legacy_Trades
about 284 days ago by Legacy_Trades
about 285 days ago by Legacy_Trades
about 288 days ago by Legacy_Trades
about 289 days ago by Legacy_Trades
about 290 days ago by Legacy_Trades
about 291 days ago by Legacy_Trades
about 291 days ago by Legacy_Trades
about 291 days ago by Legacy_Trades
about 299 days ago by Legacy_Trades
about 300 days ago by Legacy_Trades
about 603 days ago by HistorySquared
about 619 days ago by haydenir
Recent Quotes
| Symbol | Price | Chg | Chg % | Market Cap |
|---|---|---|---|---|
| WYY | 0.70 | +0.00 | +0.00% | 44.05M |
| WYNN | 97.38 | -5.66 | -5.49% | 9.791B |
| WYN | 47.35 | -2.45 | -4.92% | 6.931B |
| XIN | 2.68 | -0.19 | -6.62% | 206.17M |
| XIDE | 2.29 | -0.03 | -1.29% | 178.89M |
| XHE | 52.27 | -1.10 | -2.07% | |
| XG | 2.95 | +0.15 | +5.36% | 283.67M |
| XEL | 27.96 | -0.06 | -0.21% | 13.61B |
| XEC | 51.29 | -1.98 | -3.72% | 4.396B |
| XCO | 6.90 | -0.30 | -4.17% | 1.495B |