Balance Sheet Data

Magellan Midstream Partners, L.P. (MMP)

$69

+0.46 (+0.67%)

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 218.2858.0313.042269.9172.5675.3278.1781.14
Total Cash (%)
Account Receivables 129.17149.33146.21169.80264.30202.88210.58218.57226.87235.48
Account Receivables (%)
Inventories 185.73184.40167.39281.10356.20276.65287.15298.04309.36321.10
Inventories (%)
Accounts Payable 138.73150.99100.02109.50108.20145.83151.37157.11163.07169.26
Accounts Payable (%)
Capital Expenditure -552.26-943.99-439.57-148.60-175.30-552.51-573.48-595.25-617.84-641.29
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.