Walmart's 2021 financial results saw:
1) Total revenues of $559 billion, up 7% from 2020, with net sales of $555 billion.
2) Operating income of $22.5 billion, up 9% from 2020.
3) Consolidated net income attributable to Walmart of $13.5 billion, down 9% from 2020 due to higher costs and a one-time gain in the previous year.
Walmart's 2021 financial results saw:
1) Total revenues of $559 billion, up 7% from 2020, with net sales of $555 billion.
2) Operating income of $22.5 billion, up 9% from 2020.
3) Consolidated net income attributable to Walmart of $13.5 billion, down 9% from 2020 due to higher costs and a one-time gain in the previous year.
Walmart's 2021 financial results saw:
1) Total revenues of $559 billion, up 7% from 2020, with net sales of $555 billion.
2) Operating income of $22.5 billion, up 9% from 2020.
3) Consolidated net income attributable to Walmart of $13.5 billion, down 9% from 2020 due to higher costs and a one-time gain in the previous year.
Walmart's 2021 financial results saw:
1) Total revenues of $559 billion, up 7% from 2020, with net sales of $555 billion.
2) Operating income of $22.5 billion, up 9% from 2020.
3) Consolidated net income attributable to Walmart of $13.5 billion, down 9% from 2020 due to higher costs and a one-time gain in the previous year.
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2021 2020
Net Sales 555,233 519926
A/C receivable 6516 6284 Inventories 44949 44435 Cost of sales 420315 394605 Total Revenue 559151 523964 Operating Income 22548 20568 Property and Equipment, net 92201 105,208 Current Asset 90067 61806 -2578 -15984 Current Liability 92645 77790 13406 Total Debt 164965 154943 Total Equity 87531 81552 Consolidated net income attributable to Walmart 13510 14881 Cash and cash equivalents and restricted cash balance 17788 9515 1 Accounts receivable(net) turnover 86.76 2 Number of days net sales in accounts receivable(net) 4.21 3 Inventory Turnover Rate 9.40 4 Number of days sales in inventory 38.81 5 Gross Margin 24.30% 24.10% 0.2% Increased 6 Property and equipment(net) turnover rate 5.63 omit average 7 Current Ratio 0.97 0.79 Liquidity Increased 8 Debt to equity ratio at January 31, 2020 1.90 9 Consolidated net income attributable to Walmart decreased by -9% in 2021 Three major factors in 2021 that affected the company’s net income compared to the year ended January 31, 2020 a) b) c) 10 Cash and cash equivalents and restricted cash balance at January 31, 2021 increased by 87% 8273 Explanation
-89% 40% 24.83%
-1371 ar ended January 31, 2020 (Amounts in millions, except per share data) 2021 2020 2019 Revenues: Net sales $ 555,233 $ 519,926 $ 510,329 Membership and other income 3,918 4,038 4,076 Total revenues 559,151 523,964 514,405 Costs and expenses: Cost of sales 420,315 394,605 385,301 Operating, selling, general and administrative expenses 116,288 108,791 107,147 Operating income 22548.00 20,568 21,957 Interest: Debt 1976.00 2,262 1,975 Finance, capital lease and financing obligations 339.00 337 371 Interest income -121.00 -189 -217 Interest, net 2,194 2,410 2,129
Other (gains) and losses -210.00 -1,958 8,368
Income before income taxes 20,564 20,116 11,460 Provision for income taxes 6,858 4,915 4,281 Consolidated net income 13,706 15,201 7,179 Consolidated net income attributable to noncontrolling interest -196.00 -320 -509 Consolidated net income attributable to Walmart $ 13,510 $ 14,881 $ 6,670
Revenues: Net sales 41.09793 Membership and other income Total revenues Costs and expenses: Cost of sales Operating, selling, general and administrative expenses Operating income Interest: Debt Finance, capital lease and financing obligations Interest income Interest, net
Other (gains) and losses
Income before income taxes Provision for income taxes Consolidated net income Consolidated net income attributable to noncontrolling interest Consolidated net income attributable to Walmart 2019 (Amounts in millions, except per share data) 2021 Revenues: Net sales 555233.00 Membership and other income 3918.00 Total revenues 559151.00 Costs and expenses: Cost of sales 420315.00 Operating, selling, general and administrative expenses 116288.00 Operating income 22548.00 Interest: Debt 1976.00 Finance, capital lease and financing obligations 339.00 Interest income 121.00 Interest, net 2194.00
Other (gains) and losses 210.00
Income before income taxes 20564.00 Provision for income taxes 6858.00 Consolidated net income 13706.00 Consolidated net income attributable to noncontrolling interest 196.00 Consolidated net income attributable to Walmart 13510.00
0.209440001 #DIV/0! Revenues: Net sales 35307 Membership and other income Total revenues Costs and expenses: Cost of sales 25710 Operating, selling, general and administrative expenses 7497 Operating income Interest: Debt -286 Finance, capital lease and financing obligations 2 Interest income -68 Interest, net
Other (gains) and losses -1748
Income before income taxes 448 Provision for income taxes Consolidated net income -1495 Consolidated net income attributable to noncontrolling interest -124 Consolidated net income attributable to Walmart -1371 2020 2019
1943 120 (Amounts in millions) 2021 2020 2019 Cash flows from operating activities: Consolidated net income $ 13,706 $ 15,201 $ 7,179 Adjustments to reconcile consolidated net income to net cash provided by operating activities: Depreciation and amortization 11,152 10,987 10,678 Net unrealized and realized -8,589 -1,886 3,516 (gains) and losses Losses on disposal of business 8,401 15 4,850 operations Asda pension contribution — -1,036 — Deferred income taxes 1,911 320 -499
Other operating activities 1,521 1,981 1,734
Changes in certain assets and liabilities, net of effects of acquisitions and dispositions: Receivables, net -1,086 154 -368 Inventories -2,395 -300 -1,311 Accounts payable 6,966 -274 1,831 Accrued liabilities 4,623 186 183 Accrued income taxes -136 -93 -40 Net cash provided by operating activities 36,074 25,255 27,753
Cash flows from investing activities:
Payments for property and equipment -10,264 -10,705 -10,344 Proceeds from the disposal of property 215 321 519 and equipment Proceeds from the disposal of certain 56 833 876 operations
Payments for business acquisitions, net
-180 -56 -14,656 of cash acquired Other investing activities 102 479 -431 Net cash used in investing activities -10,071 -9,128 -24,036
Cash flows from financing activities:
Net change in short-term borrowings -324 -4,656 -53 Proceeds from issuance of long-term — 5,492 15,872 debt Repayments of long-term debt -5,382 -1,907 -3,784
Dividends paid -6,116 -6,048 -6,102
Purchase of Company stock -2,625 -5,717 -7,410 Dividends paid to noncontrolling -434 -555 -431 interest
Other financing activities -1,236 -908 -629
Net cash used in financing activities -16,117 -14,299 -2,537
Effect of exchange rates on cash, cash
235 -69 -438 equivalents and restricted cash
Net increase in cash, cash equivalents and
10,121 1,759 742 restricted cash Cash and cash equivalents reclassified as -1,848 — — assets held for sale Cash, cash equivalents and restricted cash at 9,515 7,756 7,014 beginning of year Cash, cash equivalents and restricted cash at $ 17,788 $ 9,515 $ 7,756 end of year Receivables, net -1086 154 Inventories -2395 -300 Accounts payable 6,966 -274 Accrued liabilities 4,623 186 Accrued income taxes -136 -93
7972 -327 8299
Net cash provided by operating activities 36,074 25,255
