Balance Sheet Data

Phillips 66 (PSX)

$108.04

-0.40 (-0.37%)

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 3,1193,0191,6142,5143,1473,424.603,756.444,120.434,519.694,957.63
Total Cash (%)
Account Receivables 7,5066,1738,5106,5227,4709,213.4610,106.2211,085.4812,159.6413,337.88
Account Receivables (%)
Inventories 3,3953,5433,7763,8933,3944,678.385,131.705,628.956,174.386,772.66
Inventories (%)
Accounts Payable 8,0276,5868,5755,5498,4619,289.7210,189.8811,177.2512,260.2913,448.29
Accounts Payable (%)
Capital Expenditure -1,832-2,639-3,873-2,920-1,860-3,421.11-3,752.61-4,116.22-4,515.08-4,952.58
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.