GAAP Accounting Distorts Delphi Automotive's Economic Reality – Seeking Alpha

GAAP Accounting Distorts Delphi Automotive’s Economic Reality – Seeking Alpha


Seeking Alpha

GAAP Accounting Distorts Delphi Automotive’s Economic Reality
Seeking Alpha
Delphi Automotive’s Adjusted Cash Flows From Operations is at $3.8bn, a far cry from as-reported operating cash flows of $2.1bn. One culprit behind this major distortion is the GAAP accounting for goodwill ($656mn), which leads to a significant

GAAP Accounting Distorts Delphi Automotive’s Economic Reality – Seeking Alpha