Balance Sheet Data

Apple Inc. (AAPL)

$147.81

-0.50 (-0.34%)

Year
A/P
2018
Actual
2019
Actual
2020
Actual
2021
Actual
2022
Actual
2023
Projected
2024
Projected
2025
Projected
2026
Projected
2027
Projected
Total Cash 66,301100,55790,94362,63948,304110,531.96122,835.32136,508.17151,702.95168,589.08
Total Cash (%)
Account Receivables 48,99545,80437,44551,50660,93269,435.7877,164.7185,753.9595,299.26105,907.06
Account Receivables (%)
Inventories 3,9564,1064,0616,5804,9466,660.957,402.398,226.359,142.0310,159.63
Inventories (%)
Accounts Payable 55,88846,23642,29654,76364,11574,892.5083,228.8292,493.06102,788.50114,229.93
Accounts Payable (%)
Capital Expenditure -13,313-10,495-7,309-11,085-10,708-15,297.92-17,000.74-18,893.10-20,996.10-23,333.18
Capital Expenditure (%)



To support growth, companies need to keep investing in capital items – including property, plants and equipment.
To calculate this net investment,we take capital expenditure (found in the company’s statement of cash flows) and subtract non-cash depreciation (found on the income statement).
Working capital refers to the cash a company needs for day-to-day operations.
The faster a company expands, the more cash it will need.
To calculate working capital, we take current assets and subtract current liabilities.
You can find both of these on a company’s balance sheet, which is published in its quarterly and annual financial statements.