Balance Sheet Data

Valero Energy Corporation (VLO)

$ 69.71
-1.46 (-2.05%)

Year
A/P
2016
Actual
2017
Actual
2018
Actual
2019
Actual
2020
Actual
2021
Projected
2022
Projected
2023
Projected
2024
Projected
2025
Projected
Total Cash 4,8165,8502,9822,5833,3132,977.552,991.773,006.063,020.423,034.84
Total Cash (%)
Account Receivables 5,9596,9227,3458,9046,1095,150.915,175.525,200.235,225.075,250.03
Account Receivables (%)
Inventories 5,7096,3846,5327,0136,0384,695.574,717.994,740.534,763.174,785.92
Inventories (%)
Accounts Payable 6,3578,3488,59410,2056,0825,714.335,741.625,769.045,796.605,824.28
Accounts Payable (%)
Capital Expenditure -1,278-1,379-1,752-1,994-1,788-1,216.11-1,221.91-1,227.75-1,233.61-1,239.51
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.