Balance Sheet Data

Philip Morris International Inc. (PM)

$98.25

+0.14 (+0.14%)

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 8,4476,5936,8617,2804,4967,350.397,522.737,699.117,879.638,064.38
Total Cash (%)
Account Receivables 3,7383,5643,7173,7613,9404,059.914,155.104,252.524,352.234,454.28
Account Receivables (%)
Inventories 8,8068,8049,2359,5918,7209,804.7810,034.6710,269.9510,510.7410,757.18
Inventories (%)
Accounts Payable 2,2422,0682,2992,7803,3312,750.522,815.012,881.012,948.563,017.70
Accounts Payable (%)
Capital Expenditure -1,548-1,436-852-602-748-1,129.47-1,155.95-1,183.05-1,210.79-1,239.18
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.