Balance Sheet Data

American Campus Communities, Inc. (ACC)

$65.42

+0.05 (+0.08%)

Year
A/P
2017
Actual
2018
Actual
2019
Actual
2020
Actual
2021
Actual
2022
Projected
2023
Projected
2024
Projected
2025
Projected
2026
Projected
Total Cash 41.1871.2454.6554.02120.3574.9478.3681.9385.6689.56
Total Cash (%)
Account Receivables 9.178.5613.4711.0914.1912.4813.0513.6414.2614.91
Account Receivables (%)
Inventories ----------
Inventories (%)
Accounts Payable 53.7488.7788.410.0993.0771.1174.3577.7481.2884.99
Accounts Payable (%)
Capital Expenditure -86.26-74.46-73.74-60.41-68.96-81.51-85.22-89.10-93.16-97.41
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.