Balance Sheet Data

Piper Sandler Companies (PIPR)

$125.66

+1.32 (+1.06%)

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 33.7950.36250.02507.94970.97658.92831.061,048.171,3221,667.36
Total Cash (%)
Account Receivables 173.26262.64307.32261.80553.39697.96880.301,110.271,400.321,766.15
Account Receivables (%)
Inventories ----230.42290.62366.54462.30583.08735.40
Inventories (%)
Accounts Payable 19.398.667.5118.5928.5636.0245.4357.3072.2791.15
Accounts Payable (%)
Capital Expenditure -8.10-15.86-6.52-17.58-25.71-32.43-40.90-51.58-65.06-82.06
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.