Covetrus
Cash Flow
Last updated:
Cash flow statement presents a set of outflows and inflows of cash within a company through operating, investing and financing activities. Over the last year, operating activities of Covetrus generated cash of $102,000,000, which is more than the previous year. Cash used in financing activities reached the amount of -$66,000,000 last year. Net change in cash is therefore -$107,000,000.
Cash Flow
| 2015 | 96.11M | -115.26M | 28.17M |
|---|---|---|---|
| 2016 | 104.79M | -122.75M | 20.30M |
| 2017 | 108.19M | -128.52M | 15.03M |
| 2018 | 157.90M | -29.36M | -119.69M |
| 2019 | 103M | -65M | 66M |
| 2020 | 53M | -5M | 104M |
| 2021 | 102M | -140M | -66M |
CVET Cash Flow Statement (2015 – 2021)
| 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | |
|---|---|---|---|---|---|---|---|
Cash at beginning of period | 290M | 130M | 23M | 16.65M | 19.71M | 19.01M | 10.81M |
Operating activities | |||||||
Net income | -54M | -19M | -1.01B | 100.86M | 64.35M | 70.29M | 60.32M |
| Adjustments to reconcile net income to cash generated by operating activities: | |||||||
Depreciation and amortization | 200M | 190M | 176M | 64.1M | 59.05M | 55.44M | 50.30M |
Stock-based compensation expense | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Deferred income tax benefit | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Changes in operating assets and liabilities: | |||||||
Accounts receivable, net | 15M | -68M | 13M | -13.19M | -33.94M | -13.37M | 333K |
Inventories | -65M | 106M | -58M | -42.60M | -23.45M | -54.87M | -28.97M |
Accounts payable | 17M | -85M | 93M | 75.00M | 6.45M | 22.27M | 13.47M |
Cash generated by operating activities | 102M | 53M | 103M | 157.90M | 108.19M | 104.79M | 96.11M |
Investing activities | |||||||
Purchases Of Investments | -81M | 0 | 0 | 0 | 0 | 0 | 0 |
Investments In Property Plant And Equipment | -60M | -58M | -39M | -22.02M | -20.66M | -12.74M | -9.29M |
Acquisitions Net | -81M | 49M | -26M | -8.16M | -108.93M | -110.61M | -106.27M |
Cash generated by investing activities | -140M | -5M | -65M | -29.36M | -128.52M | -122.75M | -115.26M |
Financing activities | |||||||
Common Stock Issued | 0 | 10M | 0 | 0 | 0 | 0 | 0 |
Payments for dividends | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Repurchases of common stock | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Repayments of term debt | -30M | -312M | 0 | -2.10M | 0 | -373K | 0 |
Cash used in financing activities | -66M | 104M | 66M | -119.69M | 15.03M | 20.30M | 28.17M |
Net Change In Cash | -107M | 160M | 107M | 6.66M | -3.05M | 695K | 8.20M |
Cash at end of period | 183M | 290M | 130M | 23.32M | 16.65M | 19.71M | 19.01M |
| Data source | Data source | Data source | Data source |