Balance Sheet Data

Churchill Downs Incorporated (CHDN)

$242.17

-2.49 (-1.02%)

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 133.3096.2067.40291.30129.80225.01267.71318.50378.94450.84
Total Cash (%)
Account Receivables 45.8051.8085.90108.3095.50123.34146.75174.59207.72247.13
Account Receivables (%)
Inventories ----------
Inventories (%)
Accounts Payable 4757.8070.7081.60145.50124.29147.87175.93209.31249.03
Accounts Payable (%)
Capital Expenditure -149.40-163.30-234.20-91.80-50.20-249.04-296.29-352.51-419.39-498.97
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.