Balance Sheet Data

International Business Machines Cor... (IBM)

$147.27

-0.23 (-0.16%)

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 12,58011,9978,86813,8127,2507,854.827,282.016,750.976,258.665,802.25
Total Cash (%)
Account Receivables 31,63030,56323,79518,73814,97717,096.7715,85014,694.1513,622.5912,629.17
Account Receivables (%)
Inventories 1,5831,6821,6191,8391,6491,231.961,142.121,058.83981.62910.03
Inventories (%)
Accounts Payable 6,4516,5584,8964,9083,9553,860.073,578.583,317.613,075.682,851.39
Accounts Payable (%)
Capital Expenditure -3,773-3,964-2,907-3,230-2,768-2,417.05-2,240.78-2,077.38-1,925.89-1,785.44
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.