Balance Sheet Data

British American Tobacco p.l.c. (BTI)

$29.89

+0.16 (+0.54%)

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 2,6493,3813,2654,0252,9643,401.763,449.233,497.363,546.163,595.65
Total Cash (%)
Account Receivables 4,2153,8004,0685,706.713,7934,504.064,566.914,630.644,695.264,760.78
Account Receivables (%)
Inventories 6,0945,9985,2795,6714,9385,863.535,945.356,028.316,112.436,197.72
Inventories (%)
Accounts Payable 9,7279,6939,57710,4499,70010,280.8610,424.3210,569.7910,717.2810,866.83
Accounts Payable (%)
Capital Expenditure -815-755-745-656-601-749.92-760.38-770.99-781.75-792.66
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.