Balance Sheet Data
Brown-Forman Corporation (BF-B)
$59.94
+1.20 (+2.04%)
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 | 307 | 675 | 1,150 | 868 | 374 | 840.05 | 893.02 | 949.34 | 1,009.21 | 1,072.86 |
|---|---|---|---|---|---|---|---|---|---|---|
| Total Cash (%) | ||||||||||
| Account Receivables | 609 | 570 | 753 | 813 | 855 | 880.24 | 935.75 | 994.76 | 1,057.49 | 1,124.18 |
| Account Receivables (%) | ||||||||||
| Inventories | 1,520 | 1,685 | 1,751 | 1,818 | 2,283 | 2,217.17 | 2,356.99 | 2,505.63 | 2,663.65 | 2,831.63 |
| Inventories (%) | ||||||||||
| Accounts Payable | 544 | 518 | 679 | 703 | 827 | 798.44 | 848.80 | 902.33 | 959.23 | 1,019.72 |
| Accounts Payable (%) | ||||||||||
| Capital Expenditure | -119 | -113 | -62 | -138 | -183 | -148.94 | -158.33 | -168.32 | -178.93 | -190.22 |
| 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.