Balance Sheet Data

Apple Inc. (AAPL)

$179.66

-1.09 (-0.60%)

Year
A/P
2019
Actual
2020
Actual
2021
Actual
2022
Actual
2023
Actual
2024
Projected
2025
Projected
2026
Projected
2027
Projected
2028
Projected
Total Cash 100,55790,94362,63948,30461,55599,681.24110,587.56122,687.17136,110.61151,002.74
Total Cash (%)
Account Receivables 45,80437,44551,50660,93260,98565,219.1472,354.8980,271.3989,054.0498,797.61
Account Receivables (%)
Inventories 4,1064,0616,5804,9466,3316,601.377,323.648,124.949,013.9010,000.13
Inventories (%)
Accounts Payable 46,23642,29654,76364,11562,61168,667.6176,180.6784,515.7593,762.78104,021.56
Accounts Payable (%)
Capital Expenditure -10,495-7,309-11,085-10,708-10,959-13,012.86-14,436.62-16,016.16-17,768.52-19,712.61
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.