How do you interpret consolidation eliminations — intercompany payable?

An increase suggests higher internal financing or service-level obligations between business units.

How does consolidation eliminations — intercompany payable compare across companies?

Standard for any multi-entity corporation with complex internal supply chains or service arrangements.

Aramark ARMK Consolidation Eliminations — Intercompany Payable

Discontinued — last reported Q2 '19

Similar metrics at other companies

CLHConsolidation Eliminations — Payables To Affiliates Subsidiaries And Holding Companies

-$909.08M-40.7%

BALLConsolidation Eliminations — Intercompany Payables

-$2.3B-50.6%

ARConsolidation Eliminations — Liabilities

-$332.28M-17.1%

JEFConsolidation Eliminations — Intercompany Payables

$41.5M—

GLPIConsolidation Eliminations — Intercompany Loan Payable

-$193.6M0.0%

ARConsolidation Eliminations — Liabilities Current

-$116.45M-41.9%

Other financials

Income statement

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Revenue$4.9B+14.7%

Gross profit$426.4M+18.6%

Operating income$219.7M+26.2%

Net income$102.0M+64.8%

EPS (diluted)$0.38+65.2%

Balance sheet

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Cash & equivalents$540.8M-44.5%

Total debt$6.5B-10.8%

Total equity$3.3B+8.6%

Total assets$13.8B+2.6%

Cash flow

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Operating cash flow-$782.2M-33.2%

CapEx$101.3M-12.5%

Free cash flow-$904.4M-27.9%

Valuation

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Market cap$14.02B+37.3%

Enterprise value$20B+19.3%

P/E39.3×+9.9×

P/S0.7×+0.1×

Profitability

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Gross margin8.4%-0.1pp

Operating margin4.3%-0.1pp

Net margin1.8%-0.1pp

FCF margin1.2%—

Returns & leverage

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Return on equity11.3%-0.4pp

Debt / equity2×-0.4×

Current ratio1.2×0.0×

Where this comes from

Reported directly by Aramark in its filing.

Tagged under the XBRL concept cik0:IntercompanyPayable.

The official record: Aramark’s 10-Q, filed May 7, 2019, on SEC EDGAR. View the filing →

Questions, answered.

What does consolidation eliminations — intercompany payable mean?: The total amount of internal debt between company units that is removed during consolidation.
How do you interpret consolidation eliminations — intercompany payable?: An increase suggests higher internal financing or service-level obligations between business units.
How does consolidation eliminations — intercompany payable compare across companies?: Standard for any multi-entity corporation with complex internal supply chains or service arrangements.