Home
Forums
New posts
Search forums
What's new
New posts
Latest activity
Members
Current visitors
Log in
Register
What's new
Search
Search
Search titles only
By:
New posts
Search forums
Menu
Log in
Register
Install the app
Install
Home
Forums
Brown Cafe UPS Forum
The Latest UPS Headlines
Why the Earnings at United Parcel Service Aren't So Hot
JavaScript is disabled. For a better experience, please enable JavaScript in your browser before proceeding.
You are using an out of date browser. It may not display this or other websites correctly.
You should upgrade or use an
alternative browser
.
Reply to thread
Message
<blockquote data-quote="cheryl" data-source="post: 817230" data-attributes="member: 1"><p><a href="http://www.fool.com/investing/general/2011/03/15/why-the-earnings-at-united-parcel-service-arent-so.aspx" target="_blank"><strong>Why the Earnings at United Parcel Service Aren't So Hot - Motley Fool</strong></a></p><p></p><p>Over the past 12 months, UPS generated $2,446.0 million cash on net income of $3,488.0 million. That means it turned 4.9% of its revenue into FCF. That sounds OK. However, the FCF is a lot less than net income. Ideally, we'd like to see the opposite.</p><p></p><p>UPS's issue isn't questionable cash flow boosts, but items in that suspect group that reduced cash flow. Within the questionable cash flow figure -- here a negative-- plotted in the TTM period above, other operating activities (which can include deferred income taxes, pension charges, and other one-off items) constituted the biggest reversal. Overall, the biggest drag on FCF came from capital expenditures, which consumed 36.2% of cash from operations.</p></blockquote><p></p>
[QUOTE="cheryl, post: 817230, member: 1"] [URL="http://www.fool.com/investing/general/2011/03/15/why-the-earnings-at-united-parcel-service-arent-so.aspx"][B]Why the Earnings at United Parcel Service Aren't So Hot - Motley Fool[/B][/URL] Over the past 12 months, UPS generated $2,446.0 million cash on net income of $3,488.0 million. That means it turned 4.9% of its revenue into FCF. That sounds OK. However, the FCF is a lot less than net income. Ideally, we'd like to see the opposite. UPS's issue isn't questionable cash flow boosts, but items in that suspect group that reduced cash flow. Within the questionable cash flow figure -- here a negative-- plotted in the TTM period above, other operating activities (which can include deferred income taxes, pension charges, and other one-off items) constituted the biggest reversal. Overall, the biggest drag on FCF came from capital expenditures, which consumed 36.2% of cash from operations. [/QUOTE]
Insert quotes…
Verification
Post reply
Home
Forums
Brown Cafe UPS Forum
The Latest UPS Headlines
Why the Earnings at United Parcel Service Aren't So Hot
Top