Balance Sheet Data

Marcus & Millichap, Inc. (MMI)

$31.39

+0.56 (+1.82%)

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 352.12383.42401.41566.01489.31696.14816.43957.491,122.931,316.96
Total Cash (%)
Account Receivables 8.9412.9510.5817.2321.1421.7725.5329.9435.1241.19
Account Receivables (%)
Inventories ----------
Inventories (%)
Accounts Payable 11.0310.7918.2924.2711.4524.4128.6333.5839.3846.18
Accounts Payable (%)
Capital Expenditure -8.07-8.81-6.94-6.86-11.67-13.67-16.03-18.80-22.05-25.86
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.