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What do red numbers in brackets mean on financial statements?

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4 October 2016
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Hey guys I was doing some research but can't get 1 answer because it could have several possible meanings. I am looking at a company called Dicker Data :

https://www.dickerdata.com.au/CMS/DD/media/DD/PDFs/DDR/424kcjlg5tzy9f.pdf

Looks good so far but it is very short term, I noticed on page 9 this :
NET CASH FROM (USED IN) OPERATING ACTIVITIES
(13,549,544) The numbers are highlighted and red what does this mean? Does it mean negative?
 
Hey guys I was doing some research but can't get 1 answer because it could have several possible meanings. I am looking at a company called Dicker Data :

https://www.dickerdata.com.au/CMS/DD/media/DD/PDFs/DDR/424kcjlg5tzy9f.pdf

Looks good so far but it is very short term, I noticed on page 9 this :
NET CASH FROM (USED IN) OPERATING ACTIVITIES
(13,549,544) The numbers are highlighted and red what does this mean? Does it mean negative?

Yes. If it's in brackets it's money going out (used in).

Maybe start a thread with all these accounting for beginners questions in one, rather than starting a new one each time around. :)
 
Ok no problem. Yeah sorry I had a feeling I was making too many posts lol, I got a bunch of questions and I can't just think of all them at once if I could I would just do it on 1 post and make points. But yeah I'll try keep it to a minimum. Thanks a bunch as always.
 
Oh wait 1 thing to confirm sorry I'm paranoid so money going out means they are paying stuff? Then why would it be negative?

Yeah they're paying stuff, money is going out. It's negative because they're in the business of making money, and to make money you need cash coming in, not going out.
 
RandomInvestor, its a bit dry but I worked my way thru this book early in my self education, "Financial Statement Analysis, A Practitioners Guide" by Fridson & Alvarez. Its available in iBooks.
 


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