Balance Sheet Data

Magellan Midstream Partners, L.P. (MMP)

$52.48

+0.27 (+0.52%)

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 176.07218.2858.0313.0413100.39103.11105.89108.75111.69
Total Cash (%)
Account Receivables 153.34129.17149.33146.21140.70153.42157.56161.82166.19170.67
Account Receivables (%)
Inventories 182.34185.73184.40167.39158.20186.86191.90197.08202.41207.87
Inventories (%)
Accounts Payable 104.85138.73150.99100.0298125.36128.74132.22135.79139.45
Accounts Payable (%)
Capital Expenditure -558.67-552.26-943.99-439.57-148.60-561.18-576.33-591.89-607.88-624.29
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.