Balance Sheet Data

Macy's, Inc. (M)

$23.46

+0.28 (+1.21%)

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 1,4551,1626851,6791,7121,521.981,572.381,624.451,678.251,733.83
Total Cash (%)
Account Receivables 363400409276297383.04395.72408.83422.37436.36
Account Receivables (%)
Inventories 5,1785,2635,1883,7744,3835,223.845,396.835,575.565,760.205,950.96
Inventories (%)
Accounts Payable 2,3252,6382,6592,8563,2803,075.833,177.693,282.933,391.643,503.96
Accounts Payable (%)
Capital Expenditure -760-932-1,157-466-597-845.76-873.76-902.70-932.60-963.48
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.