Balance Sheet Data

Dril-Quip, Inc. (DRQ)

$23.58

-0.52 (-2.16%)

Year
A/P
2017
Actual
2018
Actual
2019
Actual
2020
Actual
2021
Actual
2022
Projected
2023
Projected
2024
Projected
2025
Projected
2026
Projected
Total Cash 493.18418.10398.95345.96355.45308.45284.37262.16241.69222.81
Total Cash (%)
Account Receivables 191.63202.17248.16256.52203.58171.36157.98145.64134.27123.78
Account Receivables (%)
Inventories 291.09191.19205.06212.54145.72158.63146.25134.83124.30114.59
Inventories (%)
Accounts Payable 33.4826.6946.3237.4235.2327.7625.5923.5921.7520.05
Accounts Payable (%)
Capital Expenditure -27.62-32.06-11.50-11.94-9.99-14.02-12.92-11.91-10.98-10.12
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.