Cavco Industries, Inc.
S&P 600
Cash Flow
Cash Flow Breakdown
Figures in US$OperatingInvestingFinancing
How to read this: the three bars show where cash moved each year. Operating is cash from the core business (you generally want this positive and growing). Investing is usually negative — money spent on assets or acquisitions. Financing shows money raised from, or returned to, lenders and shareholders. Bars above the line are cash in; bars below are cash out.
Operating Cash Flow vs Capex
Figures in US$Operating Cash FlowCapital Expenditure
How to read this: operating cash flow is the cash the business generated; capital expenditure is what it spent on long-term assets like plant and equipment. The gap between them is roughly free cash flow — the cash left over. A wide gap (operating well above capex) means the business funds its investment comfortably from its own earnings.
| Period | Operating Cash Flow | Investing Cash Flow | Financing Cash Flow | Capital Expenditure |
|---|---|---|---|---|
| FY2015 | $25.70M | $-2.10M | $49.00K | $2.21M |
| FY2016 | $43.54M | $-38.23M | $-4.15M | $3.52M |
| FY2017 | $45.79M | $-7.06M | $-2.96M | $5.30M |
| FY2018 | $58.97M | $-4.67M | $124.00K | $8.39M |
| FY2019 | $32.84M | $-5.82M | $-26.41M | $7.64M |
| FY2020 | $101.74M | $-25.24M | $-20.76M | $14.34M |
| FY2021 | $114.03M | $-23.35M | $-6.98M | $25.54M |
| FY2022 | $144.22M | $-159.10M | $-65.10M | $18.65M |
| FY2023 | $255.69M | $-129.34M | $-102.20M | $44.11M |
| FY2024 | $224.68M | $-31.71M | $-107.71M | $17.42M |
| FY2025 | $178.50M | $-23.96M | $-147.95M | $21.43M |
| FY2026 | $267.49M | $-222.44M | $-162.79M | $35.41M |
Figures in USD. Educational data only.
Understanding these terms
Plain-English explanations of each figure in the table above, and what a beginner typically looks at. These are educational descriptions only, not advice.
- Operating Cash Flow
- Cash produced by the company's core operations during the period. The US equivalent of "Cash from Operating Activity".How a beginner reads it: A beginner uses this as a reality check on profit, since it reflects cash actually collected. Healthy, consistent operating cash flow underpins a company's ability to invest and repay debt.
- Investing Cash Flow
- Cash used for or generated by buying and selling long-term assets and investments. The US equivalent of "Cash from Investing Activity".How a beginner reads it: A beginner expects this to be negative for companies investing in growth. Reading it next to operating cash flow shows whether the business funds its investments from its own earnings.
- Financing Cash Flow
- Cash flows with lenders and shareholders — borrowing, repaying, issuing shares, buybacks, and dividends. The US equivalent of "Cash from Financing Activity".How a beginner reads it: A beginner reads this to understand whether the company is taking in money (borrowing/issuing) or paying it out (repaying/dividends), and how that fits the operating picture.
- Capital Expenditure
- Money spent on buying or upgrading long-lived assets like plant, equipment, and buildings. Often shortened to "capex".How a beginner reads it: A beginner reads capex against operating cash flow to see whether a company funds its investment from its own earnings. Operating cash flow minus capex is roughly free cash flow.