Balance Sheet Data

Watsco, Inc. (WSO)

$396.25

+14.02 (+3.67%)

Year
A/P
2018
Actual
2019
Actual
2020
Actual
2021
Actual
2022
Actual
2023
Projected
2024
Projected
2025
Projected
2026
Projected
2027
Projected
Total Cash 82.8974.45146.07118.27147.51167.05188.33212.32239.36269.85
Total Cash (%)
Account Receivables 501.91533.81535.29698.46747.11889.161,002.431,130.131,274.091,436.39
Account Receivables (%)
Inventories 837.13920.79793.871,115.471,370.171,476.451,664.531,876.572,115.622,385.12
Inventories (%)
Accounts Payable 200.23239.67251.55364.19456.13434.22489.53551.89622.20701.46
Accounts Payable (%)
Capital Expenditure -16.93-16.42-16.34-24.11-33.79-30.97-34.92-39.36-44.38-50.03
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.