Balance Sheet Data

JPMorgan SmartRetirement Blend 2040... (JOBBX)

$29.11

+0.03 (+0.10%)

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 48.01100.2368.69109.6570.6995.65105.43116.20128.07141.16
Total Cash (%)
Account Receivables 220.54279.37255.26231.68239.04301.49332.30366.25403.68444.94
Account Receivables (%)
Inventories 706.21752.12651.84731.48957.44932.021,027.261,132.241,247.941,375.47
Inventories (%)
Accounts Payable 197.20159.58143.22147.34243.21221.04243.63268.53295.97326.22
Accounts Payable (%)
Capital Expenditure -64.14-19.33-37.06-135.92-88.41-82.03-90.41-99.65-109.83-121.05
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.