Balance Sheet Data

Qudian Inc. (QD)

$0.9

+0.12 (+15.38%)

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 7,132.312,501.193,092.076,579.877,992.102,634.082,387.612,164.201,961.701,778.15
Total Cash (%)
Account Receivables 9,306.4510,753.4311,752.814,597.252,431.392,216.772,009.351,821.341,650.921,496.44
Account Receivables (%)
Inventories -128.018.9291.9023.4721.2719.2817.4815.8414.36
Inventories (%)
Accounts Payable 130.89109.8088.9150.3727.0424.5122.2220.1418.2616.55
Accounts Payable (%)
Capital Expenditure -11.30-140.39-76.39-221.79-478.43-113.54-102.92-93.29-84.56-76.64
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.