Balance Sheet Data

NexTier Oilfield Solutions Inc. (NEX)

$10.6

+0.46 (+4.54%)

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 96.1280.21255.01275.99110.69158.95162.21165.54168.94172.40
Total Cash (%)
Account Receivables 238.02210.43350.76122.58301.74220.59225.12229.74234.45239.25
Account Receivables (%)
Inventories 33.4435.6761.6430.0738.0936.0236.7637.5138.2839.07
Inventories (%)
Accounts Payable 92.35106.70115.2561.26190.96104.06106.20108.37110.60112.86
Accounts Payable (%)
Capital Expenditure -165.28-284.26-212.24-124.23-188.48-172.11-175.64-179.25-182.92-186.67
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.