PC Connection, Inc. (CNXN)

PC Connection Balance Sheet

Financials in millions USD. Fiscal year is January - December.

Fiscal Year	TTM	FY 2023	FY 2022	FY 2021	FY 2020	FY 2019
Period Ending	Sep 30, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020	Dec 31, 2019
Cash & Equivalents	167.51	144.95	122.93	108.31	95.66	90.06
Short-Term Investments	261.6	152.23	-	-	-	-
Cash & Short-Term Investments	429.11	297.19	122.93	108.31	95.66	90.06
Cash Growth	48.28%	141.75%	13.50%	13.23%	6.21%	-1.79%
Accounts Receivable	585.08	549.63	552.78	559.92	544.4	493.05
Other Receivables	7.09	61.55	57.5	47.61	66.62	57.96
Receivables	592.16	611.18	610.28	607.53	611.02	551.01
Inventory	113.69	124.18	208.68	206.56	140.87	124.67
Prepaid Expenses	16.76	16.09	11.9	10.02	11.44	10.67
Total Current Assets	1,152	1,049	953.79	932.41	858.98	776.41
Property, Plant & Equipment	56.72	61	66.73	70.59	74.36	78.07
Goodwill	73.6	73.6	73.6	73.6	73.6	73.6
Other Intangible Assets	2.51	3.43	4.65	5.87	7.09	8.31
Other Long-Term Assets	1.19	1.71	1.06	0.91	1.35	0.95
Total Assets	1,286	1,188	1,100	1,083	1,015	937.34
Accounts Payable	293.16	263.68	232.64	281.84	266.85	235.64
Accrued Expenses	63.85	33.93	37.85	47.32	31.16	37.42
Current Portion of Leases	1.92	1.73	3.17	3.42	3.93	4.32
Current Unearned Revenue	8.52	4.21	4.27	8.63	3.51	5.94
Other Current Liabilities	-	24.41	32.59	33.43	36.81	25.6
Total Current Liabilities	367.45	327.97	310.52	374.63	342.26	308.92
Long-Term Leases	2.03	3.18	4.99	6.79	9.63	10.33
Long-Term Deferred Tax Liabilities	18.38	15.84	17.97	19.28	18.53	20.17
Other Long-Term Liabilities	0.52	0.62	0.17	0.21	8.63	0.6
Total Liabilities	388.38	347.61	333.65	400.91	379.05	340.02
Common Stock	0.29	0.29	0.29	0.29	0.29	0.29
Additional Paid-In Capital	136.33	130.88	125.78	122.35	119.89	118.05
Retained Earnings	819.37	760.9	686.04	605.77	562.08	514.69
Treasury Stock	-59.11	-51.38	-45.94	-45.94	-45.94	-35.72
Comprehensive Income & Other	0.48	0.08	-	-	-	-
Shareholders' Equity	897.36	840.77	766.18	682.47	636.33	597.31
Total Liabilities & Equity	1,286	1,188	1,100	1,083	1,015	937.34
Total Debt	3.95	4.91	8.16	10.21	13.56	14.65
Net Cash (Debt)	425.16	292.27	114.77	98.1	82.1	75.41
Net Cash Growth	49.78%	154.67%	16.99%	19.49%	8.86%	-17.76%
Net Cash Per Share	16.04	11.06	4.34	3.72	3.12	2.85
Filing Date Shares Outstanding	26.29	26.36	26.31	26.26	26.17	26.34
Total Common Shares Outstanding	26.29	26.36	26.35	26.25	26.17	26.35
Working Capital	784.27	720.67	643.28	557.78	516.72	467.49
Book Value Per Share	34.13	31.90	29.08	26.00	24.32	22.67
Tangible Book Value	821.25	763.74	687.93	603	555.64	515.4
Tangible Book Value Per Share	31.24	28.97	26.11	22.97	21.23	19.56
Machinery	-	36.92	39.32	37.04	35.79	36.1
Leasehold Improvements	-	8.46	8.96	8.67	8.68	8.52

Source: S&P Capital IQ. Standard template. Financial Sources.