Balance Sheet Data

Southwest Airlines Co. (LUV)

$39.22

+0.59 (+1.53%)

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 3,2733,6894,07213,33415,5049,830.7310,339.8210,875.2811,438.4712,030.82
Total Cash (%)
Account Receivables 6625681,0861,1301,3571,050.871,105.291,162.531,222.731,286.05
Account Receivables (%)
Inventories 420461529414537478.89503.69529.78557.21586.07
Inventories (%)
Accounts Payable 1862633041111,282424.40446.38469.49493.81519.38
Accounts Payable (%)
Capital Expenditure -2,249-1,976-1,027-515-511-1,100.30-1,157.29-1,217.22-1,280.25-1,346.55
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.