Balance Sheet Data

Valero Energy Corporation (VLO)

$141.46

+2.25 (+1.62%)

Year
A/P
2019
Actual
2020
Actual
2021
Actual
2022
Actual
2023
Actual
2024
Projected
2025
Projected
2026
Projected
2027
Projected
2028
Projected
Total Cash 2,5833,3134,1224,8625,5356,047.707,141.718,433.629,959.2411,760.83
Total Cash (%)
Account Receivables 8,9046,10910,37811,91912,52514,412.6917,019.9020,098.7423,734.5328,028.03
Account Receivables (%)
Inventories 7,0136,0386,2656,7527,58310,375.1312,251.9614,468.3017,085.5620,176.28
Inventories (%)
Accounts Payable 10,2056,08212,49512,72812,56715,611.1918,435.2021,770.0725,708.2030,358.73
Accounts Payable (%)
Capital Expenditure -1,997-1,788-1,665-1,681-1,916-2,850.52-3,366.17-3,975.10-4,694.18-5,543.35
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.