Balance Sheet Data

International Business Machines Cor... (IBM)

$185.72

+1.51 (+0.82%)

Year
A/P
2019
Actual
2020
Actual
2021
Actual
2022
Actual
2023
Projected
2024
Projected
2025
Projected
2026
Projected
2027
Projected
2028
Projected
Total Cash 8,86813,8127,2508,7388,866.618,4478,047.247,666.407,303.596,957.95
Total Cash (%)
Account Receivables 23,79518,73815,77015,14816,828.8616,032.4315,273.6914,550.8613,862.2413,206.20
Account Receivables (%)
Inventories 1,6191,8391,6491,5521,552.041,478.591,408.621,341.961,278.451,217.94
Inventories (%)
Accounts Payable 4,8964,9083,9554,0514,113.953,919.263,733.783,557.073,388.733,228.36
Accounts Payable (%)
Capital Expenditure -2,370-3,042-2,381-1,860-2,231.38-2,125.78-2,025.18-1,929.33-1,838.03-1,751.04
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.