Balance Sheet Data

Brown & Brown, Inc. (BRO)

$57.6

-0.76 (-1.30%)

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 451.83554.50835.73899.906621,039.171,200.571,387.051,602.491,851.39
Total Cash (%)
Account Receivables 910.211,001.341,142.721,279.291,546.411,786.602,064.102,384.702,755.093,183.02
Account Receivables (%)
Inventories ----------
Inventories (%)
Accounts Payable 944.901,114.281,389.031,590.93286.501,711.311,977.112,284.202,638.983,048.88
Accounts Payable (%)
Capital Expenditure -41.52-73.11-70.70-45.04-83.28-96.22-111.16-128.43-148.38-171.42
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.