Balance Sheet Data

International Business Machines Cor... (IBM)

$ 116.92
-0.18 (-0.15%)

Year
A/P
2016
Actual
2017
Actual
2018
Actual
2019
Actual
2020
Actual
2021
Projected
2022
Projected
2023
Projected
2024
Projected
2025
Projected
Total Cash 8,52712,58011,9978,86813,81210,372.9810,164.299,959.809,759.439,563.08
Total Cash (%)
Account Receivables 29,24531,63030,56323,79518,73824,708.8824,211.7823,724.6823,247.3822,779.68
Account Receivables (%)
Inventories 1,5531,5831,6821,6191,8391,537.061,506.141,475.831,446.141,417.05
Inventories (%)
Accounts Payable 6,2096,4516,5584,8964,9085,363.335,255.435,149.705,046.104,944.58
Accounts Payable (%)
Capital Expenditure -4,150-3,773-3,964-2,907-3,230-3,332.32-3,265.28-3,199.59-3,135.22-3,072.14
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.