Balance Sheet Data

Macy's, Inc. (M)

$18.01

+0.57 (+3.27%)

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 1,1626851,6791,7128621,382.491,415.891,450.111,485.151,521.04
Total Cash (%)
Account Receivables 400409276297300365.61374.45383.49392.76402.25
Account Receivables (%)
Inventories 5,2635,1883,7744,3834,2674,974.655,094.875,217.995,344.095,473.23
Inventories (%)
Accounts Payable 5,0215,1304,9055,3084,8035,537.355,671.165,808.215,948.576,092.32
Accounts Payable (%)
Capital Expenditure -932-1,157-466-597-1,295-945.51-968.36-991.76-1,015.73-1,040.28
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.