Balance Sheet Data

Valero Energy Corporation (VLO)

$138.4

-0.81 (-0.58%)

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 5,8502,9822,5833,3134,1225,097.545,751.346,488.997,321.258,260.26
Total Cash (%)
Account Receivables 6,9227,3458,9046,10910,37810,357.5011,685.9313,184.7414,875.7916,783.72
Account Receivables (%)
Inventories 6,3846,5327,0136,0386,2658,626.719,733.1510,981.5112,389.9713,979.08
Inventories (%)
Accounts Payable 8,3488,59410,2056,08212,49511,798.2513,311.4615,018.7616,945.0319,118.36
Accounts Payable (%)
Capital Expenditure -1,379-1,752-1,994-1,788-1,555-2,287.17-2,580.51-2,911.49-3,284.91-3,706.22
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.