Balance Sheet Data

Vector Group Ltd. (VGR)

$11.8

+0.30 (+2.61%)

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 451.84716.15500.98488.43340.10321.58298.59277.26257.44239.04
Total Cash (%)
Account Receivables 40.7034.2536.9640.7116.0721.2519.7318.3217.0115.79
Account Receivables (%)
Inventories 89.799198.7697.5594.6262.6658.1954.0350.1746.58
Inventories (%)
Accounts Payable 18.5513.1410.2212.858.878.247.657.106.606.12
Accounts Payable (%)
Capital Expenditure -19.87-17.68-12.58-19.06-13.51-10.80-10.03-9.31-8.64-8.03
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.