Balance Sheet Data

Hovnanian Enterprises, Inc. PFD DEP... (HOVNP)

$19.6

+0.76 (+4.03%)

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 469.32187.87130.98262.49245.97320.10334.07348.64363.85379.72
Total Cash (%)
Account Receivables 58.1535.1944.9133.6939.9353.665658.4460.9963.65
Account Receivables (%)
Inventories 1,009.831,078.161,292.481,195.771,254.261,484.101,548.841,616.411,686.921,760.51
Inventories (%)
Accounts Payable 128.84127.80141.67148.54163.90179.62187.46195.64204.17213.08
Accounts Payable (%)
Capital Expenditure -6.48-5.19-4-3.38-5.94-6.28-6.55-6.84-7.14-7.45
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.