Ferrari - Cash Flow

Ferrari's operating cash flow stood at EUR 263 mil in 1Q2020, down 31.6% when compared to the previous year. Historically, between 1Q2012 - 1Q2020, the firm’s operating cash flow reached a high of EUR 438 mil in 4Q2016 and a low of EUR 63.5 mil in 1Q2015.

Ferrari's total investments stood at EUR -174 mil and accounted for 18.6% of sales in 1Q2020. This is compared to an average of 14.9% as seen over the last five years.

Cash from financing amounted to EUR -109 mil, so the company generated EUR -17.6 mil net cash in 1Q2020.

At the end of 1Q2020, the company had a net debt of EUR 1,261 mil, or 0.989x of EBITDA and 82.1% of equity. Net working capital amounted to EUR 3.26 mil, or 0.350% of sales. The cash conversion cycle stood at -27.3 days in 1Q2020. This is an improvement compared to the previous year (-28.6 days), so Ferrari’s working capital was tied up for 1.26 fewer days.

You can see all the company’s data at Ferrari profile, or you can download a report on the company in the report section.