Balance Sheet Data

FedEx Corporation (FDX)

$180.45

-1.77 (-0.97%)

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 3,2652,3194,8817,0876,8976,393.217,008.187,682.308,421.269,231.31
Total Cash (%)
Account Receivables 8,4819,11610,10212,06911,86313,878.1815,213.1316,676.4918,280.6120,039.03
Account Receivables (%)
Inventories 525553572587637779.53854.52936.721,026.821,125.59
Inventories (%)
Accounts Payable 2,9773,0303,2693,8414,0304,613.525,057.295,543.766,077.026,661.57
Accounts Payable (%)
Capital Expenditure -5,663-5,490-5,868-5,884-6,763-8,046.37-8,820.35-9,668.79-10,598.83-11,618.34
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.