# Cintas Corporation (CTAS) FY2025 Q1 Statement of Cash Flows

- Company: Cintas Corporation (CTAS)
- Period: 2024-06-01 to 2024-08-31
- Filing: Q1 FY2025 10-Q, filed 2024-10-04, accession number 0000723254-24-000053
- Page: https://plicit.ai/financials/ctas/fy2025-q1-cash-flow
- Chart image: https://plicit.ai/charts/ctas-fy2025-q1-cash-flow-sankey.png

## Chart details

Cash flows for Jun 1, 2024 through Aug 31, 2024. Cash basis: Cash, cash equivalents, and restricted cash. Beginning cash: May 31, 2024. Ending cash: Aug 31, 2024. Beginning and ending cash are dated balances. Positive cash flows add cash; negative cash flows reduce it.

- **Beginning cash on May 31, 2024**: 342,015,000 US dollars. Beginning cash: Cash, cash equivalents, and restricted cash
- **Operating activities**: 466,732,000 US dollars. Net cash provided.
- **Net income**: 452,033,000 US dollars
- **Accounts payable**: 56,698,000 US dollars
- **Deferred income taxes**: 1,887,000 US dollars
- **Inventories, net**: 11,318,000 US dollars
- **Depreciation**: 73,838,000 US dollars
- **Uniforms and other rental items in service**: negative 20,144,000 US dollars
- **Prepaid expenses and other current assets and capitalized contract costs**: negative 68,719,000 US dollars
- **Income taxes, current**: 65,450,000 US dollars
- **Accrued compensation and related liabilities**: negative 86,965,000 US dollars
- **Amortization of intangible assets and capitalized contract costs**: 41,366,000 US dollars
- **Accounts receivable, net**: negative 49,129,000 US dollars
- **Accrued liabilities and other**: negative 44,268,000 US dollars
- **Stock-based compensation**: 33,367,000 US dollars
- **Investing activities**: negative 114,332,000 US dollars. Net cash used.
- **Capital expenditures**: negative 92,921,000 US dollars
- **Purchases of investments**: negative 7,124,000 US dollars
- **Acquisitions of businesses, net of cash acquired**: negative 9,436,000 US dollars
- **Other, net**: negative 4,851,000 US dollars
- **Financing activities**: negative 592,792,000 US dollars. Net cash used.
- **Repurchase of common stock**: negative 614,802,000 US dollars
- **Issuance of commercial paper, net**: 166,000,000 US dollars
- **Other, net**: negative 5,984,000 US dollars
- **Dividends paid**: negative 138,237,000 US dollars
- **Proceeds from exercise of stock-based compensation awards**: 231,000 US dollars
- **Repayment of debt**: 0 US dollars
- **Operating adjustment reconciliation**: 283,924,000 US dollars. Intermediate calculation joining the operating reconciliation branches. Its gross amount includes any portion of net income routed through this junction. It is not an additional cash source or use.
- **financing gross reconciliation**: 759,023,000 US dollars. Gross amount at the activity's junction before offsetting its receipts and deductions. It is not an additional cash source or use.
- **investing gross reconciliation**: 114,332,000 US dollars. Gross amount at the activity's junction before offsetting its receipts and deductions. It is not an additional cash source or use.
- **Exchange-rate effect**: negative 250,000 US dollars
- **Ending cash on Aug 31, 2024**: 101,373,000 US dollars. Ending cash: Cash, cash equivalents, and restricted cash
- **Cash sources and uses**: 808,747,000 US dollars. Opening cash plus net sources, equal to net uses plus ending cash.
- **Net cash change**: negative 240,642,000 US dollars. Ending cash minus beginning cash.
- **Cash flow / Net income**: 1.03×. Operating cash flow divided by reconciliation net income for the same period. Black from 0.90× through 1.10×; green above 1.10×; red below 0.90×. Color uses the unrounded ratio.
- **Operating cash flow**: 466,732,000 US dollars. Operating cash flow used in the free cash flow calculation.
- **Cash purchases of property, plant and equipment**: 92,921,000 US dollars. These cash purchases are already included in investing activities above.
- **Free cash flow**: 373,811,000 US dollars. A supplemental measure; finance-lease payments are excluded from this definition.

### Chart connections

- Beginning cash plus operating, investing and financing cash flows plus the exchange-rate effect equals ending cash. Negative amounts reduce cash.
- Financing contributions meet at a reconciliation junction before connecting to the net cash total.
- Investing contributions meet at a reconciliation junction before connecting to the net cash total.
- Operating reconciliation adjustments are not all independent cash receipts.
- Net income enters operating cash directly in the reconciliation. The adjustment junction contributes the remaining $14.70M after reconciling the other positive and negative adjustments. These connections depict an accounting reconciliation, not traced cash receipts.
- Each activity has one net cash bar connected to the shared cash pool. Positive activity totals enter the pool; negative activity totals leave the pool to fund that activity's net payments. The central pool does not assign a particular funding source to a particular payment.
- The intermediate calculation bars include both sides of the displayed activity breakdowns; they are not additional cash flows.
- Operating cash flow minus cash purchases of property, plant and equipment equals free cash flow: 466,732,000 US dollars minus 92,921,000 US dollars equals 373,811,000 US dollars.