Kelly 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 Kelly Services generated cash of $76,700,000, which is more than the previous year. Cash used in financing activities reached the amount of -$59,600,000 last year. Net change in cash is therefore $5,200,000.
Cash Flow
| 2012 | 61.1M | -28.1M | -39.4M |
|---|---|---|---|
| 2013 | 115.3M | -20.8M | -43.7M |
| 2014 | -70M | -27.2M | 56.6M |
| 2016 | 23.5M | -17.6M | -42.2M |
| 2017 | 70.3M | -59.3M | -3.4M |
| 2018 | 61.4M | -29.8M | -26.5M |
| 2019 | 102.2M | -94.3M | -16.1M |
| 2021 | 186M | 9.8M | -8.1M |
| 2023 | -76.3M | 167.5M | -50.6M |
| 2023 | 76.7M | -14.1M | -59.6M |
KELYA Cash Flow Statement (2012 – 2023)
| 2023 | 2022 | 2020 | 2019 | 2018 | 2017 | 2015 | 2014 | 2013 | 2012 | |
|---|---|---|---|---|---|---|---|---|---|---|
Cash at beginning of period | 162.4M | 119.5M | 31M | 40.1M | 36.9M | 29.6M | 83.1M | 125.7M | 76.3M | 81M |
Operating activities | ||||||||||
Net income | 36.4M | -62.5M | -72M | 112.4M | 22.9M | 71.6M | 53.8M | 23.7M | 58.9M | 50.1M |
| Adjustments to reconcile net income to cash generated by operating activities: | ||||||||||
Depreciation and amortization | 50.1M | 51.9M | 45.3M | 53.9M | 26.2M | 22.7M | 22.3M | 21.7M | 22.1M | 22.3M |
Stock-based compensation expense | 9.7M | 7.8M | 3.9M | 5.6M | 8.1M | 9.2M | 6.1M | 5.3M | 3.8M | 4.8M |
| Deferred income tax benefit | 9.7M | 7.8M | 3.9M | 5.6M | 8.1M | 9.2M | 6.1M | 5.3M | 3.8M | 4.8M |
| Changes in operating assets and liabilities: | ||||||||||
Accounts receivable, net | 147.2M | -99.3M | 55.9M | 46M | -32M | -126.2M | -64.2M | -155.4M | -14.6M | -57.9M |
Inventories | 0 | 0 | 58.6M | -28.2M | -75.9M | 0 | 0 | 0 | 0 | 0 |
Accounts payable | -62.5M | 44.3M | 10.5M | -43M | 17M | 63.9M | 50.9M | 36.4M | 43.8M | 0 |
Cash generated by operating activities | 76.7M | -76.3M | 186M | 102.2M | 61.4M | 70.3M | 23.5M | -70M | 115.3M | 61.1M |
Investing activities | ||||||||||
Purchases Of Investments | 0 | 0 | -200K | -1M | -5M | 0 | -500K | 0 | 0 | -6.6M |
Investments In Property Plant And Equipment | -15.3M | -12M | -15.5M | -20M | -25.6M | -22.9M | -16.9M | -21.7M | -20M | 0 |
Acquisitions Net | 0 | 167.3M | -32.4M | -86.4M | 25.6M | -37.2M | -500K | -5.7M | 0 | 0 |
Cash generated by investing activities | -14.1M | 167.5M | 9.8M | -94.3M | -29.8M | -59.3M | -17.6M | -27.2M | -20.8M | -28.1M |
Financing activities | ||||||||||
Common Stock Issued | 0 | 0 | 1.2M | 2.5M | 0 | 0 | 0 | 0 | 0 | 0 |
Payments for dividends | -11M | -10.6M | -3M | -11.9M | -11.8M | -11.6M | -7.7M | -7.6M | -7.6M | -7.6M |
Repurchases of common stock | -42.2M | -35M | -1.2M | -2.5M | -6.9M | -1.8M | -1.8M | 0 | 0 | 0 |
Repayments of term debt | -1.9M | -600K | -2M | -1M | -7.8M | 10.1M | -34.7M | 0 | 0 | 0 |
Cash used in financing activities | -59.6M | -50.6M | -8.1M | -16.1M | -26.5M | -3.4M | -42.2M | 56.6M | -43.7M | -39.4M |
Net Change In Cash | 5.2M | 42.9M | 197.1M | -9.1M | 3.2M | 3.7M | -40.9M | -42.6M | 49.4M | -4.7M |
Cash at end of period | 167.6M | 162.4M | 228.1M | 31M | 40.1M | 33.3M | 42.2M | 83.1M | 125.7M | 76.3M |
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