II-VI Incorporated
II-VI Incorporated develops, manufactures, and markets engineered materials, optoelectronic components, and devices worldwide. It operates in two segments, Compound Semiconductors and Photonic Solutions. The Compound Semiconductors segment provides optic…
Hardware, Equipment & Parts
US, Saxonburg [HQ]
Cash Flow Statements
14 Sheets · Starting from 2023In Million USD. Margins, Growth Rates In %
| Metric | 2010 | 2011 | 2012 | 2013 | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating Activities | |||||||||||||||
| Operating Cash Flow (OCF) | 72.00 | 73.00 | 88.00 | 107.00 | 95.00 | 129.00 | 122.00 | 118.00 | 161.00 | 178.00 | 297.00 | 574.00 | 413.00 | 634.00 | |
| Operating Cash (Net) | 72.00 | 73.00 | 88.00 | 107.00 | 95.00 | 129.00 | 122.00 | 118.00 | 161.00 | 178.00 | 297.00 | 574.00 | 413.00 | 634.00 | |
| Accounts Receivable | -23.00 | -7.00 | -8.00 | 6.00 | -28.00 | -10.00 | -20.00 | -26.00 | -21.00 | -50.00 | -91.00 | -51.00 | -55.00 | 68.00 | |
| Accounts Payable | 6.00 | 2.00 | 2.00 | -9.00 | 19.00 | - - | 5.00 | 6.00 | 17.00 | 15.00 | 45.00 | 2.00 | 97.00 | -83.00 | |
|
Working Capital
|
- - | - - | - - | - - | - - | - - | - - | - - | - - | - - | - - | - - | - - | - - | |
| Change | 2.00 | -41.00 | -15.00 | - - | -4.00 | - - | -9.00 | -48.00 | -21.00 | -45.00 | 76.00 | -103.00 | -191.00 | 124.00 | |
| Other WC | 16.00 | 3.00 | - - | -1.00 | -8.00 | 14.00 | 14.00 | -4.00 | 21.00 | 25.00 | 10.00 | -9.00 | -2.00 | -34.00 | |
| Investing Activities | |||||||||||||||
| Used Cash (Net) | -65.00 | -52.00 | -84.00 | -144.00 | -206.00 | -52.00 | -135.00 | -177.00 | -284.00 | -223.00 | -1,179.00 | -172.00 | -320.00 | -5,928.00 | |
| Capital Expenditure | -13.00 | -40.00 | -42.00 | -25.00 | -29.00 | -52.00 | -58.00 | -138.00 | -153.00 | -137.00 | -140.00 | -146.00 | -314.00 | -436.00 | |
| Purchases of Investments | -4.00 | -1.00 | - - | - - | - - | - - | - - | - - | - - | - - | - - | - - | - - | - - | |
| Sale/Maturity of Investment | - - | - - | - - | - - | - - | - - | - - | - - | - - | - - | - - | - - | - - | - - | |
| Property, Plant, Equipment (P&PE) | -13.00 | -40.00 | -42.00 | -25.00 | -29.00 | -52.00 | -58.00 | -138.00 | -153.00 | -137.00 | -140.00 | -146.00 | -314.00 | -436.00 | |
| Acquisitions (Net) | -46.00 | -12.00 | -42.00 | -124.00 | -177.00 | - - | -77.00 | -40.00 | -132.00 | -87.00 | -1,038.00 | -34.00 | - - | -5,488.00 | |
| Other Investing Activities | - - | 2.00 | - - | 4.00 | - - | - - | - - | 1.00 | 1.00 | - - | -5.00 | 7.00 | -5.00 | -4.00 | |
| Financing Activities | |||||||||||||||
| Used Cash (Net) | -3.00 | -19.00 | -14.00 | -85.00 | -99.00 | -76.00 | -61.00 | -111.00 | -96.00 | -4.00 | -1,173.00 | -675.00 | -862.00 | -3,554.00 | |
| Debt Repayment | - - | - - | -14.00 | -11.00 | -55.00 | -68.00 | -65.00 | -25.00 | -292.00 | -135.00 | -874.00 | -925.00 | -76.00 | -1,333.00 | |
| Dividends Paid | - - | - - | - - | - - | - - | - - | - - | - - | - - | - - | - - | -20.00 | -34.00 | -27.00 | |
|
Common Stock
|
- - | - - | 4 | 19 | 19 | 12 | 6 | - - | 49 | 1 | 1 | -782 | - - | - - | |
| Issued | - - | - - | - - | - - | - - | - - | - - | - - | - - | - - | - - | 460.00 | - - | - - | |
| Repurchased | - - | - - | -4.00 | -19.00 | -19.00 | -12.00 | -6.00 | - - | -49.00 | -1.00 | -1.00 | 1,242.00 | - - | - - | |
| Other Financing Activities | 3.00 | 19.00 | 4.00 | 116.00 | 174.00 | 5.00 | 133.00 | 136.00 | 438.00 | 141.00 | 2,049.00 | -80.00 | 974.00 | 4,915.00 | |
| Cash Balances | |||||||||||||||
| Begin of Period | 95.00 | 108.00 | 149.00 | 134.00 | 185.00 | 174.00 | 173.00 | 218.00 | 271.00 | 247.00 | 204.00 | 493.00 | 1,591.00 | 2,582.00 | |
| End of Period | 108.00 | 149.00 | 134.00 | 185.00 | 174.00 | 173.00 | 218.00 | 271.00 | 247.00 | 204.00 | 493.00 | 1,591.00 | 2,582.00 | 837.00 | |
| Change | 12.00 | 41.00 | -14.00 | 50.00 | -10.00 | -1.00 | 44.00 | 53.00 | -24.00 | -42.00 | 288.00 | 1,098.00 | 990.00 | -1,744.00 | |
| Non-Cash Balances | |||||||||||||||
| Depreciation and Amortization | 21.00 | 25.00 | 34.00 | 40.00 | 53.00 | 53.00 | 56.00 | 63.00 | 80.00 | 92.00 | 220.00 | 270.00 | 286.00 | 681.00 | |
| Stock Based Compensation | 8.00 | 9.00 | 11.00 | 11.00 | 12.00 | 11.00 | 9.00 | 11.00 | - - | 21.00 | 68.00 | 70.00 | 73.00 | 148.00 | |
| Other | 2.00 | -1.00 | -4.00 | - - | - - | 2.00 | - - | -2.00 | -2.00 | 12.00 | 41.00 | 39.00 | 18.00 | 145.00 | |
| Highlighted metrics | |||||||||||||||
| Free Cash Flow (FCF) | 58.00 | 32.00 | 45.00 | 82.00 | 66.00 | 77.00 | 64.00 | -19.00 | 7.00 | 41.00 | 156.00 | 428.00 | 99.00 | 197.00 | |
| Cash Conversion Cycle (CCC) | 187.00 | 190.00 | 187.00 | 189.00 | 169.00 | 161.00 | 158.00 | 159.00 | 150.00 | 155.00 | 173.00 | 154.00 | 160.00 | 155.00 | |
| Invested Capital | - - | - - | - - | - - | - - | - - | - - | - - | - - | - - | - - | - - | - - | - - | |
|
Other Operating Inflows/Outflows
|
|||||||||||||||
| Forex Effect on Cash | 1.00 | 1.00 | -2.00 | 1.00 | 1.00 | -2.00 | -4.00 | - - | 2.00 | -1.00 | -3.00 | 21.00 | 34.00 | -4.00 |