Balance Sheet Data

Merck & Co., Inc. (MRK)

$129.45

+0.19 (+0.15%)

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 8,86410,4508,0628,09613,19212,798.9913,964.1015,235.2816,622.1718,135.31
Total Cash (%)
Account Receivables 7,0716,7787,8519,2309,45010,664.2811,635.0612,694.2213,849.8015,110.56
Account Receivables (%)
Inventories 5,4405,9786,3105,9535,9117,886.528,604.459,387.7210,242.3011,174.67
Inventories (%)
Accounts Payable 3,3183,7384,5944,6094,2645,439.995,935.216,475.507,064.977,708.11
Accounts Payable (%)
Capital Expenditure -2,615-3,473-4,684-4,448-4,388-5,160.34-5,630.10-6,142.61-6,701.79-7,311.86
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.