Balance Sheet Data

Churchill Downs Incorporated (CHDN)

$121.87

+0.01 (+0.01%)

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 96.2067.40291.30129.80144.50265.40318.57382.40459550.96
Total Cash (%)
Account Receivables 51.8085.90108.3095.50119.50171.13205.41246.57295.96355.25
Account Receivables (%)
Inventories 46.3053.6064.3074.9077.30117.44140.96169.20203.10243.79
Inventories (%)
Accounts Payable 57.8070.7081.60145.50158.50181.08217.36260.91313.18375.92
Accounts Payable (%)
Capital Expenditure -163.30-234.20-91.80-456.80-676.50-549.43-659.50-791.62-950.21-1,140.57
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.