Operating Cash Flow (OCF) refers to the cash generated by a company's normal business operations. It measures how well a company can generate cash from its core activities, excluding any financing or investing activities. OCF is an important indicator of a company's financial health, as it shows the ability to maintain and grow operations without relying on external funding. OCF is calculated by adjusting net income for non-cash items and changes in working capital. This includes adding back depreciation and accounting for changes in accounts receivable, accounts payable, and inventory. A positive OCF indicates that a company is generating sufficient cash to support its operations and invest in future growth.