Balance Sheet Data

Advent Convertible and Income Fund (AVK)

$11.17

-0.03 (-0.27%)

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 0.01-00.0100.0200000
Total Cash (%)
Account Receivables 6.6828.0618.0715.5336.59-8.31-1.58-0.30-0.06-0.01
Account Receivables (%)
Inventories ----------
Inventories (%)
Accounts Payable 2.5521.4716.0828.2121.72-3.82-0.73-0.14-0.03-0.01
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.