Balance Sheet Data

McCormick & Company, Incorporated (MKC)

$85.35

+0.97 (+1.15%)

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 186.8096.60155.40423.60351.70293.40314.15336.37360.17385.64
Total Cash (%)
Account Receivables 555.10518.10502.90528.50549.50657.53704.04753.84807.17864.26
Account Receivables (%)
Inventories 793.30786.30801.201,032.601,182.301,124.031,203.541,288.681,379.831,477.44
Inventories (%)
Accounts Payable 639.90710846.901,032.301,064.201,048.211,122.361,201.751,286.761,377.78
Accounts Payable (%)
Capital Expenditure -182.40-169.10-173.70-225.30-278-251.25-269.02-288.05-308.43-330.25
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.