Thanks for explaining . This topic was eating me since many days .
To sum it up –
- When we look at the cash flow statement in the screener , what we are looking at are delta values
- Payables change = recent year – previous year
- Receiveables and inventory change = previous year – current year
- If payables is +ve means company is purchasing more raw materials etc. on credit than previous year (good sign)
- If receiveables is +ve means co. is giving less material on credit(again good sign)
- If inventory is +ve means co. is decreasing its inventory(also good sign)
Also are there any other values that are depicted in change rather than actual values
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