Balance Sheet Data
Phillips 66 Partners LP (PSXP)
$42.01
+0.78 (+1.89%)
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 | 185 | 1 | 286 | 7 | 62 | 124.32 | 131.23 | 138.52 | 146.22 | 154.34 |
|---|---|---|---|---|---|---|---|---|---|---|
| Total Cash (%) | ||||||||||
| Account Receivables | 86 | 95 | 105 | 106 | 126 | 118.14 | 124.70 | 131.63 | 138.94 | 146.66 |
| Account Receivables (%) | ||||||||||
| Inventories | 12 | 13 | 13 | 16 | 16 | 16.02 | 16.91 | 17.85 | 18.84 | 19.89 |
| Inventories (%) | ||||||||||
| Accounts Payable | 60 | 110 | 103 | 92 | 97 | 105.06 | 110.90 | 117.06 | 123.56 | 130.43 |
| Accounts Payable (%) | ||||||||||
| Capital Expenditure | -431 | -738 | -1,095 | -910 | -311 | -795.53 | -839.73 | -886.39 | -935.64 | -987.63 |
| 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.