Balance Sheet Data

Sunlands Technology Group (STG)

$10.3

-0.30 (-2.83%)

Year
A/P
2018
Actual
2019
Actual
2020
Actual
2021
Actual
2022
Actual
2023
Projected
2024
Projected
2025
Projected
2026
Projected
2027
Projected
Total Cash 2,277.371,619.871,278.52810.87824.181,529.641,598.561,670.581,745.841,824.50
Total Cash (%)
Account Receivables 15.526.1025.7055.7426.8127.2328.4529.7331.0732.47
Account Receivables (%)
Inventories 165.14237.34132.3983.6214.15141.47147.84154.50161.46168.74
Inventories (%)
Accounts Payable 29.87364.76433.17342.81298.89312.36326.43341.14356.51372.57
Accounts Payable (%)
Capital Expenditure -518.43-25.54-26.96-16.54-3.24-142.99-149.44-156.17-163.20-170.56
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.