$DNOW
DNOW Inc.

2020 Q1 Form 10-Q Financial Statement

#000156459020021642 Filed on May 06, 2020

View on sec.gov

Income Statement

Concept 2020 Q1 2019 Q1
Revenue $604.0M $785.0M
YoY Change -23.06% 2.75%
Cost Of Revenue $487.0M $627.0M
YoY Change -22.33% 1.79%
Gross Profit $117.0M $158.0M
YoY Change -25.95% 6.76%
Gross Profit Margin 19.37% 20.13%
Selling, General & Admin $130.0M $134.0M
YoY Change -2.99% -4.96%
% of Gross Profit 111.11% 84.81%
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization $10.00M $10.00M
YoY Change 0.0% -9.09%
% of Gross Profit 8.55% 6.33%
Operating Expenses $130.0M $135.0M
YoY Change -3.7% -4.26%
Operating Profit -$333.0M $23.00M
YoY Change -1547.83% 228.57%
Interest Expense $0.00 -$4.000M
YoY Change -100.0% -500.0%
% of Operating Profit -17.39%
Other Income/Expense, Net
YoY Change
Pretax Income -$333.0M $19.00M
YoY Change -1852.63% 533.33%
Income Tax -$2.000M $1.000M
% Of Pretax Income 5.26%
Net Earnings -$331.0M $18.00M
YoY Change -1938.89% 800.0%
Net Earnings / Revenue -54.8% 2.29%
Basic Earnings Per Share -$3.03 $0.17
Diluted Earnings Per Share -$3.03 $0.16
COMMON SHARES
Basic Shares Outstanding 109.3M 108.6M
Diluted Shares Outstanding 109.3M 109.1M

Balance Sheet

Concept 2020 Q1 2019 Q1
SHORT-TERM ASSETS
Cash & Short-Term Investments $202.0M $87.00M
YoY Change 132.18% 8.75%
Cash & Equivalents $202.0M $87.00M
Short-Term Investments
Other Short-Term Assets $18.00M $18.00M
YoY Change 0.0% -14.29%
Inventory $434.0M $634.0M
Prepaid Expenses
Receivables $366.0M $513.0M
Other Receivables $0.00 $0.00
Total Short-Term Assets $1.020B $1.252B
YoY Change -18.53% 3.81%
LONG-TERM ASSETS
Property, Plant & Equipment $112.0M $173.0M
YoY Change -35.26% 51.75%
Goodwill
YoY Change
Intangibles
YoY Change
Long-Term Investments
YoY Change
Other Assets $62.00M $13.00M
YoY Change 376.92% 85.71%
Total Long-Term Assets $176.0M $644.0M
YoY Change -72.67% 5.23%
TOTAL ASSETS
Total Short-Term Assets $1.020B $1.252B
Total Long-Term Assets $176.0M $644.0M
Total Assets $1.196B $1.896B
YoY Change -36.92% 4.29%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $258.0M $339.0M
YoY Change -23.89% 2.42%
Accrued Expenses $119.0M $97.00M
YoY Change 22.68% 25.97%
Deferred Revenue $32.00M $33.00M
YoY Change -3.03% 0.0%
Short-Term Debt $0.00 $0.00
YoY Change -100.0%
Long-Term Debt Due $3.000M
YoY Change
Total Short-Term Liabilities $385.0M $475.0M
YoY Change -18.95% 7.22%
LONG-TERM LIABILITIES
Long-Term Debt $0.00 $129.0M
YoY Change -100.0% -26.29%
Other Long-Term Liabilities $12.00M $42.00M
YoY Change -71.43% 4100.0%
Total Long-Term Liabilities $12.00M $171.0M
YoY Change -92.98% -2.84%
TOTAL LIABILITIES
Total Short-Term Liabilities $385.0M $475.0M
Total Long-Term Liabilities $12.00M $171.0M
Total Liabilities $428.0M $651.0M
YoY Change -34.25% 3.99%
SHAREHOLDERS EQUITY
Retained Earnings -$1.112B
YoY Change
Common Stock $2.047B
YoY Change
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity $768.0M $1.245B
YoY Change
Total Liabilities & Shareholders Equity $1.196B $1.896B
YoY Change -36.92% 4.29%

Cashflow Statement

Concept 2020 Q1 2019 Q1
OPERATING ACTIVITIES
Net Income -$331.0M $18.00M
YoY Change -1938.89% 800.0%
Depreciation, Depletion And Amortization $10.00M $10.00M
YoY Change 0.0% -9.09%
Cash From Operating Activities $6.000M -$20.00M
YoY Change -130.0% -33.33%
INVESTING ACTIVITIES
Capital Expenditures $3.000M $0.00
YoY Change -100.0%
Acquisitions
YoY Change
Other Investing Activities $25.00M
YoY Change
Cash From Investing Activities $22.00M $0.00
YoY Change -100.0%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities -2.000M -10.00M
YoY Change -80.0% -176.92%
NET CHANGE
Cash From Operating Activities 6.000M -20.00M
Cash From Investing Activities 22.00M 0.000
Cash From Financing Activities -2.000M -10.00M
Net Change In Cash 19.00M -29.00M
YoY Change -165.52% 61.11%
FREE CASH FLOW
Cash From Operating Activities $6.000M -$20.00M
Capital Expenditures $3.000M $0.00
Free Cash Flow $3.000M -$20.00M
YoY Change -115.0% -35.48%

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Files In Submission

Name View Source Status
0001564590-20-021642-index-headers.html Edgar Link pending
0001564590-20-021642-index.html Edgar Link pending
0001564590-20-021642.txt Edgar Link pending
0001564590-20-021642-xbrl.zip Edgar Link pending
dnow-10q_20200331.htm Edgar Link pending
dnow-10q_20200331_htm.xml Edgar Link completed
dnow-20200331.xsd Edgar Link pending
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