Balance Sheet Data

Shopify Inc. (SHOP)

$385.23

+21.40 (+5.88%)

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 938.041,969.672,455.196,387.977,768.0912,953.8121,033.7734,153.6055,456.9690,048.30
Total Cash (%)
Account Receivables 69.04133.22240.70421.54667.951,000.341,624.312,637.474,282.596,953.87
Account Receivables (%)
Inventories ----------
Inventories (%)
Accounts Payable 44.3361.2790.52168.72284.01448.51728.271,182.531,920.133,117.82
Accounts Payable (%)
Capital Expenditure -24.26-41.54-62.40-41.99-50.79-209.12-339.56-551.37-895.29-1,453.72
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.