Balance Sheet Data
Phoenix New Media Limited (FENG)
$1.1101
-0.06 (-5.12%)
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 | 1,086.62 | 1,612.91 | 1,637.83 | 1,498.01 | 1,145.54 | 843.84 | 741.74 | 652 | 573.11 | 503.77 |
|---|---|---|---|---|---|---|---|---|---|---|
| Total Cash (%) | ||||||||||
| Account Receivables | 575.34 | 697.99 | 708.20 | 514.01 | 474.80 | 353.97 | 311.14 | 273.50 | 240.41 | 211.32 |
| Account Receivables (%) | ||||||||||
| Inventories | 269.65 | 82.93 | 31.04 | 15.62 | 9.05 | 41.76 | 36.70 | 32.26 | 28.36 | 24.93 |
| Inventories (%) | ||||||||||
| Accounts Payable | 264.75 | 259.93 | 221.20 | 217.17 | 176.96 | 135.50 | 119.11 | 104.69 | 92.03 | 80.89 |
| Accounts Payable (%) | ||||||||||
| Capital Expenditure | -55.95 | -83.84 | -12.09 | -16.83 | -33.96 | -22.78 | -20.03 | -17.60 | -15.47 | -13.60 |
| 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.