KAR Auction Services
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 KAR Auction Services generated cash of $235,400,000, which is more than the previous year. Cash used in financing activities reached the amount of -$279,900,000 last year. Net change in cash is therefore -$118,800,000.
Cash Flow
| 2014 | 431.3M | -412.8M | -48.5M |
|---|---|---|---|
| 2015 | 475M | -547.6M | 94.5M |
| 2016 | 360.8M | -765.3M | 436M |
| 2017 | 588.8M | -379.8M | -107.6M |
| 2018 | 749.8M | -381.2M | -320.1M |
| 2019 | 542M | -452.4M | 153.8M |
| 2020 | 384.4M | -326.6M | 194.8M |
| 2021 | 413.2M | -1.21B | 210.4M |
| 2022 | -412.5M | 2.14B | -1.61B |
| 2023 | 235.4M | -83.5M | -279.9M |
KAR Cash Flow Statement (2014 – 2023)
| 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|
Cash at beginning of period | 277.7M | 203.4M | 812.3M | 560.9M | 304.7M | 336.6M | 201.8M | 155M | 152.9M | 191.6M |
Operating activities | ||||||||||
Net income | -154.1M | 241.2M | 66.5M | 500K | 188.5M | 328M | 362M | 222.4M | 214.6M | 169.3M |
| Adjustments to reconcile net income to cash generated by operating activities: | ||||||||||
Depreciation and amortization | 101.5M | 100.2M | 183M | 191.3M | 188.7M | 269.9M | 264.6M | 240.6M | 212.8M | 196.6M |
Stock-based compensation expense | 16.5M | 16.6M | 13.2M | 11.8M | 19.6M | 23.4M | 24.2M | 18.1M | 11.7M | 28M |
| Deferred income tax benefit | 16.5M | 16.6M | 13.2M | 11.8M | 19.6M | 23.4M | 24.2M | 18.1M | 11.7M | 28M |
| Changes in operating assets and liabilities: | ||||||||||
Accounts receivable, net | 0 | 111.3M | -94.1M | 117.9M | -3M | -66.5M | -57.4M | -194.7M | -127M | -52.3M |
Inventories | 0 | 0 | -192.5M | 27.1M | -19.8M | -145.8M | -748.2M | -506.2M | -220M | -484.3M |
Accounts payable | 39.8M | -240.8M | 192.5M | -27.1M | 19.8M | 145.8M | 26.8M | 31.5M | 136.1M | 60.5M |
Cash generated by operating activities | 235.4M | -412.5M | 413.2M | 384.4M | 542M | 749.8M | 588.8M | 360.8M | 475M | 431.3M |
Investing activities | ||||||||||
Purchases Of Investments | -1.3M | -6.7M | -22.5M | 0 | 0 | 0 | -5M | 0 | 0 | 0 |
Investments In Property Plant And Equipment | -52M | -60.9M | -108.5M | -101.4M | -161.6M | -198M | -152.2M | -155.1M | -134.7M | -101M |
Acquisitions Net | -103M | -400K | -519.6M | -396.7M | -120.7M | -45.2M | -78.3M | -432.1M | -118.1M | -31.9M |
Cash generated by investing activities | -83.5M | 2.14B | -1.21B | -326.6M | -452.4M | -381.2M | -379.8M | -765.3M | -547.6M | -412.8M |
Financing activities | ||||||||||
Common Stock Issued | 2.7M | 1.4M | 30M | 15M | 0 | 15M | 11.4M | 0 | 22.7M | 0 |
Payments for dividends | -44.4M | -22.2M | 0 | -49M | -164.3M | -188.3M | -174.8M | -157.1M | -151.9M | -139.9M |
Repurchases of common stock | -22.2M | -182.2M | -180.9M | -10.2M | -119.7M | -150M | -150M | -90.9M | -227.6M | 0 |
Repayments of term debt | -51.9M | -790.6M | -28M | -25.6M | -798M | -48.3M | 186.5M | 588.8M | 98M | -37.3M |
Cash used in financing activities | -279.9M | -1.61B | 210.4M | 194.8M | 153.8M | -320.1M | -107.6M | 436M | 94.5M | -48.5M |
Net Change In Cash | -118.8M | 74.3M | -596.5M | 251.4M | 256.2M | 28.1M | 115.4M | 46.8M | 2.1M | -38.7M |
Cash at end of period | 158.9M | 277.7M | 215.8M | 812.3M | 560.9M | 364.7M | 317.2M | 201.8M | 155M | 152.9M |
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