Colgate-Palmolive is a leading global consumer products company, tightly focused on Oral Care, Personal Care, Household Surface Care, Fabric Care and Pet Nutrition. Colgate sells its products in countries and territories around the world under such internationally recognized brand names as Colgate, Palmolive, Mennen, Softsoap, Irish Spring, Protex, Sorriso, Kolynos, Ajax, Axion, Soupline, Suavitel and Fab, as well as Hill's Science Diet and Hill's Prescription Diet pet foods. (Company Press Release)
Industry:SOAP&CLNG PREPS Sector: Consumer Staples Fiscal Year End:December Last Reported Quarter:12/31/11 Next EPS Date:04/26/12
Capital Structure Solvency and Cash Flow
Cash Structure
The Company ended 3Q10 with $654.0 million in cash and cash equivalents versus $847.0 million at the end of 3Q09. Total debt increased to $3,388.0 million in 3Q10 from $3,263.0 million in 3Q09. Accounts receivable, net were $1,690.0 million in 3Q10 versus $1,780.0 million in 3Q09.
Net cash provided by operations were $2,243.0 million for the first nine months of 2010, down by $132.0 million over prior year period.
Free cash flow before dividends decreased to $1,925.0 million for the first nine months of 2010 from $2,028.0 million for the year ago period. Capital expenditures were $318.0 million in 3Q10, down from $347.0 million in the year ago period.
Last edited Thu Dec 09, 2010 03:44 AM by BipashaChowdhury (Zacks Investment Research)
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Governance Social Responsibility and Employee Relations
Intense Competition: Colgate-Palmolive is facing intense competition from its business rivals, and in order to compete, it is incurring heavy promotional and marketing expenditures.
Slowing Developing Markets: There are a few signs of slowdown in the Latin American markets, as further deterioration in the currency in these markets is likely to negatively impact earnings.
Foreign Exchange Transaction: Deterioration in the currency environment would negatively impact earnings for the Company.
Last edited Thu Dec 09, 2010 03:45 AM by BipashaChowdhury (Zacks Investment Research)
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