Dell Reports Strong Profitability in Third Quarter

(1) Days of sales outstanding (“DSO”) is based on the ending net trade receivables and most recent quarterly revenue for each period. DSO includes the effect of product costs related to customer shipments not yet recognized as revenue that are classified in the other current assets. At October 28, 2011, July 29, 2011, and October 29, 2010, DSO and days of customer shipments not yet recognized were 39 and 3 days, 39 and 3 days, 38 and 3 days, respectively.

       
 
DELL INC.
Condensed Consolidated Statements of Cash Flows
(in millions, unaudited)
 
Three Months Ended Nine Months Ended
October 28, October 29, October 28, October 29,
2011 2010 2011 2010
Cash flows from operating activities:
Net income $ 893 $ 822 $ 2,728 $ 1,708

Adjustments to reconcile net income to net cash provided by operating activities:

Depreciation and amortization 241 234 687 745
Stock-based compensation 80 69 261 225

Effects of exchange rate changes on monetary assets and liabilities denominated in foreign currencies

(10 ) (14 ) (19 ) 23
Deferred Income Taxes (35 ) 20 (91 ) (35 )
Provision for doubtful accounts - including financing receivables 50 82 167 299
Other 46 - 46 4
Changes in assets and liabilities, net of effects from acquisitions:
Accounts receivable (95 ) 308 (190 ) (588 )
Financing receivables (83 ) (46 ) (162 ) (459 )
Inventories (15 ) 77 (46 ) (241 )
Other assets 16 707 223 743
Accounts payable (492 ) (1,306 ) (231 ) (175 )
Deferred services revenue 137 137 540 402
Accrued and other liabilities   118     (177 )   (223 )   (165 )
Change in cash from operating activities   851     913     3,690     2,486  
 
Cash flows from investing activities:
Investments:
Purchases (1,638 ) (123 ) (2,419 ) (1,186 )
Maturities and sales 424 346 856 1,184
Capital expenditures (214 ) (93 ) (510 ) (284 )
Proceeds from sale of facility and land - - 12 18
Purchase of financing receivables - (430 ) - (430 )
Collections on purchased financing receivables 69 20 204 20

Acquisition of business, net of cash received

  (663 )   (24 )   (2,564 )   (246 )

Change in cash from investing activities

  (2,022 )   (304 )   (4,421 )   (924 )
Cash flows from financing activities:
Repurchase of common stock (600 ) (200 ) (2,180 ) (600 )
Issuance of common stock under employee plans 5 2 34 11

Issuance (repayment) of commercial paper (maturity 90 days or less), net

- (900 ) - (176 )
Proceeds from debt 884 1,945 3,317 2,554

Repayments of debt

(362 ) (296 ) (1,055 ) (1,115 )
Other   1     -     3     2  

Change in cash from financing activities

  (72 )   551     119     676  
 
 

Effect of exchange rate changes on cash and cash equivalents

  (87 )   35     (8 )   16  
 

Change in cash and cash equivalents

(1,330 ) 1,195 (620 ) 2,254
 

Cash and cash equivalents at beginning of period

  14,623     11,694     13,913     10,635  

Cash and cash equivalents at end of period

$ 13,293   $ 12,889   $ 13,293   $ 12,889  
 
 



« Previous Page 1 | 2 | 3 | 4 | 5 | 6 | 7 | 8 | 9 | 10  Next Page »



Review Article Be the first to review this article


Featured Video
Jobs
Senior Operations Environmental Analyst for EDP renewables at Houston, Texas
Structural Engineer for Harris County Houston Tx at Houston, Texas
Engineer A, B or C (Transportation) for City of Austin at Austin, Texas
Geographic Information System Specialist for U. S. Dept. of the Interior at Washington, District Of Columbia
Senior / Supervising Geoscientist for fugro at Houston, Texas
Project Manager, EPC for Strike at The woodlands, Texas
Upcoming Events
The 2nd Annual China Autonomous Driving Testing Technology Innovation Conference at  No.50 Tongchuan Road Putuo District Shanghai China Renaissance Shanghai Putuo Hotel  Shanghai China China - Jun 27 - 28, 2019
19th International Multidisciplinary Scientific GEOConference at Congress Centre Paradise Blue Albena Dobrich Bulgaria - Jun 28 - 7, 2019
ICC 2019 at The National Museum of Emerging Science and Innovation Tokyo Japan - Jul 15 - 20, 2019
Smart GEO Expo 2019 at 513, Yeongdong-daero, Gangnam-gu (COEX, Hall C1 and C2) Seoul, Republic of Korea SEOUL SEOUL Korea (South) - Aug 7 - 9, 2019
University of Denver GIS Masters Degree Online



Internet Business Systems © 2019 Internet Business Systems, Inc.
25 North 14th Steet, Suite 710, San Jose, CA 95112
+1 (408) 882-6554 — Contact Us, or visit our other sites:
AECCafe - Architectural Design and Engineering EDACafe - Electronic Design Automation TechJobsCafe - Technical Jobs and Resumes  MCADCafe - Mechanical Design and Engineering ShareCG - Share Computer Graphic (CG) Animation, 3D Art and 3D Models
  Privacy PolicyAdvertise