First time post question on this platform, let me know if I shall move to the quantitative finance or this is the right place afterall.
I am reading Analog Devices 10-K and could not really wrap my head around how they put together their cashflow statement.
For example, one can clearly find that the Accounts Receivable was $688,953K in 2017 and $477,609K in 2016. And in the cashflow statement, there is a line item under Change in operating assets and liabilities: called Accounts receivable, shouldn't it be a simple subtraction between the AR for two year which is -$211,344?
Why it says only ($65,669?)
Not only for AR, inventories, prepaid expenses and many of the items are not a straightforward subtraction between items on the balance sheet.