Cognizant Technology Solutions Corporation
Cognizant Technology Solutions Corporation, a professional services company, provides consulting and technology, and outsourcing services in North America, Europe, and internationally. It operates through four segments: Financial Services; Healthcare;
Information Technology Services
US, Teaneck [HQ]
Cash Flow Statements
15 Sheets · Starting from 2023In Million USD. Margins, Growth Rates In %
| Metric | 2009 | 2010 | 2011 | 2012 | 2013 | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating Activities | ||||||||||||||||
| Operating Cash Flow (OCF) | 672.00 | 764.00 | 875.00 | 1,172.00 | 1,423.00 | 1,473.00 | 2,153.00 | 1,621.00 | 2,407.00 | 2,592.00 | 2,499.00 | 3,299.00 | 2,495.00 | 2,568.00 | 2,330.00 | |
| Operating Cash (Net) | 672.00 | 764.00 | 875.00 | 1,172.00 | 1,423.00 | 1,473.00 | 2,153.00 | 1,621.00 | 2,407.00 | 2,592.00 | 2,499.00 | 3,299.00 | 2,495.00 | 2,568.00 | 2,330.00 | |
| Accounts Receivable | -98.00 | -278.00 | -284.00 | -158.00 | -258.00 | -259.00 | -322.00 | -330.00 | -249.00 | -365.00 | 37.00 | 264.00 | -407.00 | -238.00 | -43.00 | |
| Accounts Payable | 6.00 | 18.00 | -8.00 | 32.00 | -12.00 | 25.00 | 19.00 | 6.00 | 16.00 | -4.00 | 8.00 | 109.00 | -35.00 | -11.00 | -23.00 | |
|
Working Capital
|
- - | - - | - - | - - | - - | - - | - - | - - | - - | - - | - - | - - | - - | - - | - - | |
| Change | 64.00 | -10.00 | -225.00 | 16.00 | -40.00 | -220.00 | 108.00 | -471.00 | 186.00 | -407.00 | 101.00 | 813.00 | -488.00 | -324.00 | -189.00 | |
| Other WC | 207.00 | 348.00 | 166.00 | -36.00 | -24.00 | 19.00 | 11.00 | -97.00 | -71.00 | -310.00 | 56.00 | 65.00 | 19.00 | -75.00 | -123.00 | |
| Investing Activities | ||||||||||||||||
| Used Cash (Net) | -394.00 | -446.00 | -850.00 | -570.00 | -730.00 | -3,160.00 | -1,370.00 | -963.00 | -582.00 | -1,627.00 | 1,588.00 | -1,238.00 | -2,164.00 | -106.00 | -331.00 | |
| Capital Expenditure | -76.00 | -185.00 | -288.00 | -334.00 | -261.00 | -212.00 | -272.00 | -300.00 | -284.00 | -377.00 | -392.00 | -398.00 | -279.00 | -332.00 | -317.00 | |
| Purchases of Investments | -348.00 | -934.00 | -1,338.00 | -1,428.00 | -1,848.00 | -2,497.00 | -3,003.00 | -5,169.00 | -4,341.00 | -2,993.00 | -1,026.00 | -202.00 | -633.00 | -1,271.00 | -441.00 | |
| Sale/Maturity of Investment | 98.00 | 706.00 | 859.00 | 1,252.00 | 1,573.00 | 2,240.00 | 1,907.00 | 4,840.00 | 3,808.00 | 3,002.00 | 3,605.00 | 467.00 | 300.00 | 1,369.00 | 836.00 | |
| Property, Plant, Equipment (P&PE) | -76.00 | -185.00 | -288.00 | -334.00 | -261.00 | -212.00 | -272.00 | -300.00 | -284.00 | -377.00 | -392.00 | -398.00 | -279.00 | -332.00 | -317.00 | |
| Acquisitions (Net) | -68.00 | -33.00 | -82.00 | -59.00 | -193.00 | -2,691.00 | -1.00 | -334.00 | -216.00 | -1,111.00 | -617.00 | -1,123.00 | -970.00 | -339.00 | -409.00 | |
| Other Investing Activities | - - | - - | - - | -235.00 | -275.00 | -258.00 | -2.00 | -334.00 | 451.00 | -148.00 | 18.00 | 18.00 | -582.00 | 467.00 | 395.00 | |
| Financing Activities | ||||||||||||||||
| Used Cash (Net) | -76.00 | -120.00 | -255.00 | -342.00 | -30.00 | -1,503.00 | -648.00 | -719.00 | -1,985.00 | -1,693.00 | -2,569.00 | -2,009.00 | -1,203.00 | -1,939.00 | -1,609.00 | |
| Debt Repayment | - - | - - | - - | - - | - - | -14.00 | -53.00 | -57.00 | -95.00 | -91.00 | -28.00 | -50.00 | -53.00 | -686.00 | -25.00 | |
| Dividends Paid | - - | - - | - - | - - | - - | - - | - - | - - | -265.00 | -468.00 | -453.00 | -480.00 | -509.00 | -564.00 | -591.00 | |
|
Common Stock
|
77 | 166 | 453 | 650 | 296 | 349 | 591 | 688 | 2,078 | 1,442 | 2,406 | 1,763 | 901 | 1,508 | 1,135 | |
| Issued | 61.00 | 107.00 | 79.00 | 129.00 | 117.00 | 101.00 | 131.00 | 176.00 | 189.00 | 181.00 | 159.00 | 142.00 | 130.00 | 86.00 | 71.00 | |
| Repurchased | -16.00 | -59.00 | -374.00 | -520.00 | -179.00 | -248.00 | -460.00 | -512.00 | -1,889.00 | -1,261.00 | -2,247.00 | -1,621.00 | -771.00 | -1,422.00 | -1,064.00 | |
| Other Financing Activities | 31.00 | 71.00 | 39.00 | 48.00 | 30.00 | 3,314.00 | 33.00 | 24.00 | 75.00 | -54.00 | -2,116.00 | -1,529.00 | -694.00 | 647.00 | 71.00 | |
| Cash Balances | ||||||||||||||||
| Begin of Period | 735.00 | 1,100.00 | 1,540.00 | 1,310.00 | 1,570.00 | 2,213.00 | 2,010.00 | 2,125.00 | 2,034.00 | 1,925.00 | 1,161.00 | 2,645.00 | 2,680.00 | 1,792.00 | 2,191.00 | |
| End of Period | 1,100.00 | 1,540.00 | 1,310.00 | 1,570.00 | 2,213.00 | 2,010.00 | 2,125.00 | 2,034.00 | 1,925.00 | 1,161.00 | 2,645.00 | 2,680.00 | 1,792.00 | 2,294.00 | 1,787.00 | |
| Change | 365.00 | 440.00 | -230.00 | 259.00 | 642.00 | -202.00 | 115.00 | -91.00 | -109.00 | -764.00 | 1,484.00 | 35.00 | -888.00 | 502.00 | -404.00 | |
| Non-Cash Balances | ||||||||||||||||
| Depreciation and Amortization | 89.00 | 110.00 | 124.00 | 156.00 | 179.00 | 208.00 | 330.00 | 379.00 | 443.00 | 498.00 | 526.00 | 559.00 | 574.00 | 569.00 | 519.00 | |
| Stock Based Compensation | 13.00 | - - | 90.00 | 107.00 | 118.00 | 134.00 | 192.00 | 217.00 | 221.00 | 267.00 | 217.00 | 232.00 | 246.00 | 261.00 | 176.00 | |
| Other | -2.00 | -1.00 | 11.00 | -40.00 | 25.00 | 11.00 | 25.00 | 34.00 | -71.00 | 125.00 | 119.00 | 119.00 | -1.00 | 45.00 | 37.00 | |
| Highlighted metrics | ||||||||||||||||
| Free Cash Flow (FCF) | 595.00 | 579.00 | 586.00 | 838.00 | 1,162.00 | 1,260.00 | 1,880.00 | 1,321.00 | 2,123.00 | 2,215.00 | 2,107.00 | 2,901.00 | 2,216.00 | 2,236.00 | 2,013.00 | |
| Cash Conversion Cycle (CCC) | 82.00 | 98.00 | 82.00 | 83.00 | 87.00 | 92.00 | 68.00 | 70.00 | 71.00 | 65.00 | 62.00 | 54.00 | 58.00 | 60.00 | 63.00 | |
| Invested Capital | - - | - - | - - | - - | - - | - - | - - | - - | - - | - - | - - | - - | - - | - - | - - | |
|
Other Operating Inflows/Outflows
|
||||||||||||||||
| Forex Effect on Cash | 11.00 | 2.00 | - - | - - | -19.00 | -18.00 | -19.00 | -30.00 | 51.00 | -36.00 | -34.00 | -17.00 | -16.00 | -21.00 | 33.00 |