Balance Sheet Data

Ares Dynamic Credit Allocation Fund... (ARDC)

$13.58

+0.09 (+0.67%)

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 6.464.192.642.786.40-6.85-7.50-8.20-8.98-9.82
Total Cash (%)
Account Receivables 12.1515.2217.6619.5413.08-31.89-34.89-38.18-41.78-45.72
Account Receivables (%)
Inventories -19.1626.4625.8320.29-45.74-50.05-54.77-59.94-65.58
Inventories (%)
Accounts Payable 22.7218.1422.5931.8722.65-43.80-47.93-52.45-57.39-62.80
Accounts Payable (%)
Capital Expenditure ----------
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.