William Kingston - Seeking Alpha 'William Kingston' Tag RSS Syndication from SeekingAlpha.com SeekingAlpha.com http://seekingalpha.com/author/william-kingston Is 'Units Sold' an Accurate Metric for Amazon? http://seekingalpha.com/article/112432-is-units-sold-an-accurate-metric-for-amazon?source=feed 112432 Is this metric meaningful in judging Amazon’s (AMZN) performance regarding Sales and Profit?

It was generally reported by various services in the US that:

]]> Mon, 29 Dec 2008 04:11:11 -0500 William Kingston William Kingston submits:

Is this metric meaningful in judging Amazon’s (AMZN) performance regarding Sales and Profit?

It was generally reported by various services in the US that:


Complete Story »]]> AMZN William Kingston Amazon: Is 'Free Cash Flow' More Important Than Net Income? http://seekingalpha.com/article/82311-amazon-is-free-cash-flow-more-important-than-net-income?source=feed 82311 Questions:

Is it fair to consider short-term cash available because of delayed payment terms of Amazon's (AMZN) A/Ps as Free Cash Flow? Most of their “FCF” from 2007 vanished in the March 2008 Quarter.

]]> Thu, 26 Jun 2008 09:20:00 -0400 William Kingston William Kingston submits:

Questions:

Is it fair to consider short-term cash available because of delayed payment terms of Amazon's (AMZN) A/Ps as Free Cash Flow? Most of their “FCF” from 2007 vanished in the March 2008 Quarter.


Complete Story »]]> AMZN William Kingston Is Amazon's Free Cash Flow Overstated? http://seekingalpha.com/article/79271-is-amazon-s-free-cash-flow-overstated?source=feed 79271 Questions:

  • Do analysts understand the definition and meaning of free cash flow [FCF]?
  • Do they understand the quality of Amazon’s (AMZN) FCF?
  • What is the most meaningful method to compute it?
  • Should an increase in Current Liabilities be included in FCF, as is being done by most analysts?

Companies, analysts and investors understand the importance of FCF, but there is no real consensus on the definition FCF and of how to compute it. This allows for different results in the determination of FCF, as it varies depending on the definition used, and these variations will give different conclusions as to the performance of the company. In certain cases, adjustments should be made to the FCF figures so that a quality determination can be made .

]]> Thu, 29 May 2008 05:01:14 -0400 William Kingston William Kingston submits:

Questions:

  • Do analysts understand the definition and meaning of free cash flow [FCF]?
  • Do they understand the quality of Amazon’s (AMZN) FCF?
  • What is the most meaningful method to compute it?
  • Should an increase in Current Liabilities be included in FCF, as is being done by most analysts?

Companies, analysts and investors understand the importance of FCF, but there is no real consensus on the definition FCF and of how to compute it. This allows for different results in the determination of FCF, as it varies depending on the definition used, and these variations will give different conclusions as to the performance of the company. In certain cases, adjustments should be made to the FCF figures so that a quality determination can be made .


Complete Story »]]> AMZN William Kingston