IPG Photonics Corporation
IPG Photonics Corporation develops, manufactures, and sells various high-performance fiber lasers, fiber amplifiers, and diode lasers used in various applications primarily in materials processing worldwide. The company's laser products include hybrid fi…
Semiconductors
US, Oxford [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) | 54.00 | 63.00 | 87.00 | 175.00 | 119.00 | 184.00 | 256.00 | 292.00 | 404.00 | 393.00 | 323.00 | 285.00 | 389.00 | 212.00 | 295.00 | |
| Operating Cash (Net) | 54.00 | 63.00 | 87.00 | 175.00 | 119.00 | 184.00 | 256.00 | 292.00 | 404.00 | 393.00 | 323.00 | 285.00 | 389.00 | 212.00 | 295.00 | |
| Accounts Receivable | 9.00 | -24.00 | -21.00 | -18.00 | -9.00 | -45.00 | -9.00 | -11.00 | -60.00 | -20.00 | - - | -13.00 | -2.00 | 34.00 | -10.00 | |
| Accounts Payable | - - | 3.00 | 1.00 | 4.00 | - - | 3.00 | 9.00 | - - | 2.00 | -1.00 | -10.00 | -1.00 | 30.00 | -12.00 | -16.00 | |
|
Working Capital
|
- - | - - | - - | - - | - - | - - | - - | - - | - - | - - | - - | - - | - - | - - | - - | |
| Change | 19.00 | -27.00 | -80.00 | -33.00 | -99.00 | -94.00 | -74.00 | -80.00 | -107.00 | -147.00 | -91.00 | -96.00 | -83.00 | -202.00 | -54.00 | |
| Other WC | 4.00 | 20.00 | -4.00 | 3.00 | -43.00 | -10.00 | -4.00 | -14.00 | 22.00 | 9.00 | -52.00 | -41.00 | 36.00 | -35.00 | -29.00 | |
| Investing Activities | ||||||||||||||||
| Used Cash (Net) | -10.00 | -32.00 | -79.00 | -55.00 | -75.00 | -90.00 | -181.00 | -274.00 | -169.00 | -562.00 | -139.00 | -99.00 | -416.00 | 296.00 | -237.00 | |
| Capital Expenditure | -10.00 | -28.00 | -53.00 | -68.00 | -70.00 | -90.00 | -70.00 | -127.00 | -126.00 | -160.00 | -133.00 | -87.00 | -123.00 | -110.00 | -110.00 | |
| Purchases of Investments | - - | - - | -25.00 | - - | - - | - - | -106.00 | -299.00 | -211.00 | -765.00 | -760.00 | -1,111.00 | -1,940.00 | -1,117.00 | -1,232.00 | |
| Sale/Maturity of Investment | - - | - - | - - | 25.00 | - - | - - | - - | 198.00 | 212.00 | 470.00 | 768.00 | 1,099.00 | 1,647.00 | 1,446.00 | 1,073.00 | |
| Property, Plant, Equipment (P&PE) | -10.00 | -28.00 | -53.00 | -68.00 | -70.00 | -90.00 | -70.00 | -127.00 | -126.00 | -160.00 | -133.00 | -87.00 | -123.00 | -110.00 | -110.00 | |
| Acquisitions (Net) | - - | -4.00 | - - | -11.00 | -5.00 | - - | -4.00 | -47.00 | -59.00 | -109.00 | -15.00 | - - | 1.00 | 50.00 | 31.00 | |
| Other Investing Activities | - - | - - | - - | - - | - - | - - | - - | 1.00 | 15.00 | 1.00 | - - | - - | -1.00 | 26.00 | - - | |
| Financing Activities | ||||||||||||||||
| Used Cash (Net) | -12.00 | -37.00 | -31.00 | -82.00 | -14.00 | -11.00 | -2.00 | -32.00 | -3.00 | -166.00 | -37.00 | -10.00 | -125.00 | -514.00 | -236.00 | |
| Debt Repayment | -15.00 | -1.00 | -1.00 | -6.00 | -2.00 | -2.00 | -18.00 | -2.00 | -19.00 | -3.00 | -3.00 | -3.00 | -3.00 | -18.00 | -16.00 | |
| Dividends Paid | - - | - - | - - | -33.00 | - - | - - | - - | - - | - - | - - | - - | - - | - - | - - | - - | |
|
Common Stock
|
-3 | - - | - - | 162 | - - | - - | - - | 25 | 68 | 188 | 48 | 71 | 151 | 505 | 226 | |
| Issued | - - | - - | - - | 167.00 | - - | - - | 14.00 | 16.00 | 28.00 | 12.00 | 7.00 | 33.00 | 16.00 | 5.00 | 3.00 | |
| Repurchased | 3.00 | - - | - - | 5.00 | - - | - - | - - | -8.00 | -39.00 | -176.00 | -40.00 | -37.00 | -134.00 | -499.00 | -223.00 | |
| Other Financing Activities | - - | 39.00 | 33.00 | -51.00 | 17.00 | 13.00 | 21.00 | 44.00 | 56.00 | 13.00 | 7.00 | 31.00 | 13.00 | 3.00 | 236.00 | |
| Cash Balances | ||||||||||||||||
| Begin of Period | 51.00 | 82.00 | 147.00 | 180.00 | 384.00 | 448.00 | 522.00 | 582.00 | 623.00 | 909.00 | 544.00 | 682.00 | 878.00 | 709.00 | 698.00 | |
| End of Period | 82.00 | 147.00 | 180.00 | 384.00 | 448.00 | 522.00 | 582.00 | 623.00 | 909.00 | 544.00 | 682.00 | 878.00 | 709.00 | 698.00 | 514.00 | |
| Change | 31.00 | 64.00 | 32.00 | 203.00 | 64.00 | 73.00 | 60.00 | 41.00 | 286.00 | -365.00 | 138.00 | 195.00 | -169.00 | -10.00 | -183.00 | |
| Non-Cash Balances | ||||||||||||||||
| Depreciation and Amortization | 19.00 | 21.00 | 24.00 | 26.00 | 32.00 | 35.00 | 42.00 | 51.00 | 64.00 | 80.00 | 96.00 | 94.00 | 96.00 | 90.00 | 69.00 | |
| Stock Based Compensation | 2.00 | 3.00 | 8.00 | 8.00 | 11.00 | 15.00 | 18.00 | 21.00 | 23.00 | - - | 33.00 | 35.00 | 37.00 | 38.00 | 39.00 | |
| Other | 11.00 | 10.00 | 15.00 | 21.00 | 25.00 | 29.00 | 35.00 | 51.00 | 53.00 | 32.00 | 120.00 | 104.00 | 68.00 | 202.00 | 36.00 | |
| Highlighted metrics | ||||||||||||||||
| Free Cash Flow (FCF) | 43.00 | 35.00 | 34.00 | 107.00 | 48.00 | 93.00 | 186.00 | 165.00 | 277.00 | 232.00 | 189.00 | 197.00 | 266.00 | 102.00 | 185.00 | |
| Cash Conversion Cycle (CCC) | 206.00 | 221.00 | 236.00 | 235.00 | 240.00 | 226.00 | 219.00 | 226.00 | 224.00 | 267.00 | 248.00 | 267.00 | 258.00 | 247.00 | 268.00 | |
| Invested Capital | - - | - - | - - | - - | - - | - - | - - | - - | - - | - - | - - | - - | - - | - - | - - | |
|
Other Operating Inflows/Outflows
|
||||||||||||||||
| Forex Effect on Cash | - - | -3.00 | -7.00 | 1.00 | 7.00 | -32.00 | -17.00 | -9.00 | 54.00 | -29.00 | -7.00 | 19.00 | -17.00 | -5.00 | -5.00 |