Balance Sheet Data

Precision Drilling Corporation (PDS)

$ 45.35
+0.49 (+1.09%)

Year
A/P
2016
Actual
2017
Actual
2018
Actual
2019
Actual
2020
Actual
2021
Projected
2022
Projected
2023
Projected
2024
Projected
2025
Projected
Total Cash 115.7165.0896.6374.70108.7777.5680.7183.9987.4090.95
Total Cash (%)
Account Receivables 275.91299.59312.02245.11130.70198.24206.28214.66223.37232.44
Account Receivables (%)
Inventories 24.1424.6334.0831.7226.2822.3623.2624.2125.1926.21
Inventories (%)
Accounts Payable 73.2487.44129.4991.4756.9267.6570.3973.2576.2279.32
Accounts Payable (%)
Capital Expenditure -203.47-98-126.14-160.69-61.59-105.16-109.43-113.87-118.49-123.30
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.