In today’s briefing:
- Companies Have Begun to Be Aware of Cash Flow, but the Reality Is that It Doesn’t Produce Results
Companies Have Begun to Be Aware of Cash Flow, but the Reality Is that It Doesn’t Produce Results
- Operating income and depreciation, the components of operating cash flow, have been sluggish. This has undeniably dampened expectations for expanding corporate value.
- Many companies have begun to be aware of cash flow, but have yet to see results. They are at the stage of producing results by selecting business to invest cash.
- In terms of “not being conscious of cash flow,” shareholder returns are still strongly net income oriented and not cash flow oriented.