All non-GAAP numbers have been adjusted to exclude certain items. A reconciliation of specific adjustments to GAAP results for the current and prior periods is included as a part of a Q2 FY21 Results Presentation available at investor.hp.com.
CC = constant currency; Adjusted to exclude the effects of foreign currency fluctuations calculated by translating current period revenues using monthly average exchange rates from the comparative period and excluding any hedging impact recognized in the current period
Commercial includes Office Printing Solutions including commercial products and OEM hardware, Graphics Solutions and 3D Printing and digital manufacturing, excluding supplies. Consumer includes Home Printing Solutions, excluding supplies.
NOTE: Arrows represent the mathematical direction of the amount the arrow is associated with.
NM - Not Meaningful
HP Inc. Reports FY21 Second Quarter Results
Capital Allocation
Dividend Payment
Stock repurchase
Net debt (1)
$239 million
$1.6 billion
($2.8)billion
$0.1938 per share
approximately 53.5 million shares
$0.7 billion q/q
Asset Management
Cash conversion cycle
=
Days Receivables
-
Days Payable
+
Days inventory
(28) days
28 days
110 days
54 days
2 days q/q
2 days q/q
1 day q/q
5 days q/q
1. Net cash (debt) is defined as gross cash less gross debt after adjusting the effect of unamortized premium/discount on debt issuance, debt issuance costs and gains/losses on interest rate swaps.
NOTE: Arrows represent the mathematical direction of the amount the arrow is associated with.
HP Inc. published this content on 27 May 2021 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 27 May 2021 20:17:16 UTC.
HP Inc. is a world leader in the design, manufacturing and marketing of computers and printing equipment. Net sales break down by family of products as follows:
- computers and operating systems (67%): laptops, desktops, tablets, workstations, etc. The group also provides monitors, computer mice, headphones and speakers;
- printing equipment (30%) printers, print servers, scanners, digital presses, fax machines, etc.
Exports account for 65.6% of net sales.