Balance Sheet Data

SPS Commerce, Inc. (SPSC)

$101.24

+1.99 (+2.01%)

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 163.32178.40213.54187.48257.31309.56356.17409.80471.51542.51
Total Cash (%)
Account Receivables 24.9027.4931.5333.5834.5647.3254.4462.6472.0782.92
Account Receivables (%)
Inventories ----------
Inventories (%)
Accounts Payable 4.464.444.275.358.338.179.4010.8212.4514.32
Accounts Payable (%)
Capital Expenditure -7.27-13.75-13.59-16.47-19.59-21.33-24.54-28.23-32.48-37.37
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.