Balance Sheet Data

Travel + Leisure Co. (TNL)

$39.12

-0.07 (-0.18%)

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 1162434001,231396522.29494.62468.42443.60420.10
Total Cash (%)
Account Receivables 7113,2273,3802,6942,5022,280.932,160.102,045.671,937.301,834.67
Account Receivables (%)
Inventories 3401,2241,1991,3471,2161,001.12948.08897.86850.30805.25
Inventories (%)
Accounts Payable 2566673626279.4075.2071.2167.4463.87
Accounts Payable (%)
Capital Expenditure -153-99-108-69-57-78.46-74.30-70.36-66.64-63.11
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.