Balance Sheet Data

Patterson-UTI Energy, Inc. (PTEN)

$17.43

-0.52 (-2.90%)

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 42.83245.03174.18224.92117.52116.27110.94105.85100.9996.36
Total Cash (%)
Account Receivables 581.51562.93346.10164.64356.15249.88238.41227.47217.04207.08
Account Receivables (%)
Inventories 69.1765.5836.3633.0842.3632.2230.7429.3327.9926.70
Inventories (%)
Accounts Payable 319.62288.96170.4791.62190.22132.88126.79120.97115.42110.13
Accounts Payable (%)
Capital Expenditure -567.09-641.46-347.51-145.48-166.32-213.92-204.10-194.74-185.80-177.28
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.