Balance Sheet Data

McCormick & Company, Incorporated (MKC)

$65.99

+1.16 (+1.79%)

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 96.60155.40423.60351.70334307.47322337.21353.15369.83
Total Cash (%)
Account Receivables 518.10502.90528.50549.50573.70616.39645.52676.01707.95741.40
Account Receivables (%)
Inventories 786.30801.201,032.601,182.301,340.101,171.321,226.661,284.611,345.311,408.87
Inventories (%)
Accounts Payable 710846.901,032.301,064.201,1711,103.191,155.311,209.901,267.061,326.93
Accounts Payable (%)
Capital Expenditure -169.10-173.70-225.30-278-262-252.53-264.46-276.95-290.04-303.74
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.