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What does it mean when QOI > 1?

Questions › Category: Financials Quadrant › What does it mean when QOI > 1?
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Alvin Tan asked 1 year ago
Hi, QOI > 1 means CFO > net income?  For case of Apple, QOI has been >1 consistently. How is it possible?  Thanks
1 Answers
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Victor Chng Staff answered 1 year ago
Hi Alvin,    It is due to non-cash items like depreciation and working capital.