Otherwise, my valuation approach is similar to last year: Op FCF (operating cashflow less capex, but adding back aircraft lease charges) continues to improve — now reaching 8.9 % (of revenues). (wexboy.wordpress.com)
In addition, due to sophisticated inventory forecasting, fast inventory turns, and overall operational efficiency, Amazon has managed to build a retail business with a negative operating cashflow cycle, which means Amazon gets paid for products by customers before they have to pay their suppliers for the goods. (wikinvest.com)
They are asking for 1 - 2 % of the loan balances to be repaid from operating cashflow, reducing the distributable cash to more like 10 %. (foragerfunds.com)