“Like it or not, companies are judged by flawed standards,” according to a recent CFA Institute article that outlines several areas where GAAP revenue recognition “can hit a snag and…
Tag: Free Cash Flow
Manager Looks at Free Cash Flow to Beat the Market
Sandy Rufenacht, of Aquila Three Peaks, takes an intensive look at companies before investing, looking especially at their free cash flow over the next 12 months and their relationship with…