Balance Sheet Data

Philip Morris International Inc. (PM)

$91.56

+0.37 (+0.41%)

Year
A/P
2019
Actual
2020
Actual
2021
Actual
2022
Actual
2023
Actual
2024
Projected
2025
Projected
2026
Projected
2027
Projected
2028
Projected
Total Cash 6,8617,2804,4963,2073,0605,985.886,249.266,524.226,811.287,110.96
Total Cash (%)
Account Receivables 3,7173,7613,9404,7564,3914,816.535,028.455,249.695,480.685,721.82
Account Receivables (%)
Inventories 9,2359,5918,7209,88610,77411,305.2611,802.6812,321.9812,864.1413,430.15
Inventories (%)
Accounts Payable 2,2992,7803,3314,0764,1433,864.594,034.624,212.144,397.474,590.96
Accounts Payable (%)
Capital Expenditure -852-602-748-1,077-1,321-1,063.81-1,110.62-1,159.49-1,210.50-1,263.76
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.