Balance Sheet Data
Choice Hotels International, Inc. (CHH)
$110.28
+0.12 (+0.11%)
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 | 26.64 | 33.77 | 234.78 | 511.60 | 41.57 | 270.98 | 301.97 | 336.51 | 374.99 | 417.87 |
|---|---|---|---|---|---|---|---|---|---|---|
| Total Cash (%) | ||||||||||
| Account Receivables | 138.02 | 141.57 | 149.92 | 153.15 | 216.61 | 234.63 | 261.47 | 291.37 | 324.69 | 361.82 |
| Account Receivables (%) | ||||||||||
| Inventories | 25.41 | 27.21 | 18.89 | 26.10 | 34.21 | 38.13 | 42.49 | 47.34 | 52.76 | 58.79 |
| Inventories (%) | ||||||||||
| Accounts Payable | 73.51 | 73.45 | 83.33 | 81.17 | 118.86 | 126.49 | 140.95 | 157.07 | 175.04 | 195.05 |
| Accounts Payable (%) | ||||||||||
| Capital Expenditure | -49.48 | -64.04 | -39.95 | -77.87 | -93.59 | -92.53 | -103.11 | -114.91 | -128.05 | -142.69 |
| 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.