Loading...

Balance Sheet Data

Houghton Mifflin Harcourt Company

Houghton Mifflin Harcourt Company (HMHC)

Consumer Defensive

Year
A/P
2013
Actual
2014
Actual
2015
Actual
2016
Actual
2017
Actual
2018
Actual
2019
Projected
2020
Projected
2021
Projected
2022
Projected
2023
Projected
Total Cash 425.30743.36432.46306.98235.41303.22393.81390.94388.09385.25382.44
Total Cash (%)
Account Receivables 318.05255.65256.16216.02192.55203.51232.88231.18229.49227.81226.15
Account Receivables (%)
Inventories 182.25184.02171.48162.40150.75184.21167.50166.28165.07163.86162.66
Inventories (%)
Accounts Payable 171.91131.33180.26148.45127.66143.21145.97144.91143.85142.80141.76
Accounts Payable (%)
Capital Expenditure -59.83-67.10-82.98-103.10-57.06-53.69-68.79-68.28-67.79-67.29-66.80
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.