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Marvell Technology (Marvell Technology) Net-Net Working Capital

: $-4.82 (As of Jan. 2024)
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In calculating the Net-Net Working Capital (NNWC), Benjamin Graham assumed that a company's accounts receivable is only worth 75% its value, its inventory is only worth 50% of its value, but its liabilities have to be paid in full. In addition, Graham believed that preferred stock belongs on the liability side of the balance sheet, not as part of capital and surplus. This is a conservative way of estimating the company's value.

Marvell Technology's Net-Net Working Capital for the quarter that ended in Jan. 2024 was $-4.82.

The industry rank for Marvell Technology's Net-Net Working Capital or its related term are showing as below:

MRVL's Price-to-Net-Net-Working-Capital is not ranked *
in the Semiconductors industry.
Industry Median: 8.49
* Ranked among companies with meaningful Price-to-Net-Net-Working-Capital only.

Marvell Technology Net-Net Working Capital Historical Data

The historical data trend for Marvell Technology's Net-Net Working Capital can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Marvell Technology Annual Data
Trend Jan15 Jan16 Jan17 Jan18 Jan19 Jan20 Jan21 Jan22 Jan23 Jan24
Net-Net Working Capital
Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only -1.93 -1.55 -5.49 -5.31 -4.82

Marvell Technology Quarterly Data
Apr19 Jul19 Oct19 Jan20 Apr20 Jul20 Oct20 Jan21 Apr21 Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24
Net-Net Working Capital Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only -5.31 -5.22 -5.24 -5.06 -4.82

Competitive Comparison

For the Semiconductors subindustry, Marvell Technology's Price-to-Net-Net-Working-Capital, along with its competitors' market caps and Price-to-Net-Net-Working-Capital data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Marvell Technology Price-to-Net-Net-Working-Capital Distribution

For the Semiconductors industry and Technology sector, Marvell Technology's Price-to-Net-Net-Working-Capital distribution charts can be found below:

* The bar in red indicates where Marvell Technology's Price-to-Net-Net-Working-Capital falls into.



Marvell Technology Net-Net Working Capital Calculation

Marvell Technology's Net-Net Working Capital (NNWC) per share for the fiscal year that ended in Jan. 2024 is calculated as

Net-Net Working Capital(A: Jan. 2024 )
=(Cash, Cash Equivalents, Marketable Securities+0.75 * Accounts Receivable+0.5 * Total Inventories-Total Liabilities
-Preferred Stock-Minority Interest)/Shares Outstanding (EOP)
=(950.8+0.75 * 1121.6+0.5 * 864.4-6397.1
-0-0)/865.5
=-4.82

Marvell Technology's Net-Net Working Capital (NNWC) per share for the quarter that ended in Jan. 2024 is calculated as

Net-Net Working Capital(Q: Jan. 2024 )
=(Cash, Cash Equivalents, Marketable Securities+0.75 * Accounts Receivable+0.5 * Total Inventories-Total Liabilities
-Preferred Stock-Minority Interest)/Shares Outstanding (EOP)
=(950.8+0.75 * 1121.6+0.5 * 864.4-6397.1
-0-0)/865.5
=-4.82

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

In calculating the Net-Net Working Capital (NNWC), Benjamin Graham assumed that a company's accounts receivable is only worth 75% its value, its inventory is only worth 50% of its value, but its liabilities have to be paid in full.

In addition, Graham believed that preferred stock belongs on the liability side of the balance sheet, not as part of capital and surplus. In "Security Analysis", preferred stock is dubbed "an imperfect creditorship position" that is best placed on the balance sheet alongside funded debt.

This is a conservative way of estimating the company's value.


Marvell Technology  (NAS:MRVL) Net-Net Working Capital Explanation

One research study, covering the years 1970 through 1983 showed that portfolios picked at the beginning of each year, and held for one year, returned 29.4 percent, on average, over the 13-year period, compared to 11.5 percent for the S&P 500 Index. Other studies of Graham's strategy produced similar results.

Benjamin Graham looked for companies whose market values were less than two-thirds of their net-net value. They are collected under our Net-Net screener.


Marvell Technology Net-Net Working Capital Related Terms

Thank you for viewing the detailed overview of Marvell Technology's Net-Net Working Capital provided by GuruFocus.com. Please click on the following links to see related term pages.


Marvell Technology (Marvell Technology) Business Description

Address
1000 N. West Street, Suite 1200, Wilmington, DE, USA, 19801
Marvell Technology is a fabless chip designer focused on wired networking, where it has the second-highest market share. Marvell serves the data center, carrier, enterprise, automotive, and consumer end markets with processors, optical and copper transceivers, switches, and storage controllers.
Executives
Matthew J Murphy director, officer: CEO and President MARVELL SEMICONDUCTOR, INC., 5488 MARVELL LANE, SANTA CLARA CA 95054
Chris Koopmans officer: EVP, Chief Operations Officer 5488 MARVELL LANE, SANTA CLARA CA 94061
Ford Tamer director 3945 FREEDOM CIRCLE SUITE 1100, SANTA CLARA CA 95054
Willem A Meintjes officer: SVP, Chief Accounting Officer 5488 MARVELL LANE, SANTA CLARA CA 95054
Mitchell Gaynor officer: EVP, CALO MARVELL SEMICONDUCTOR, INC., 5488 MARVELL LANE, SANTA CLARA CA 95054
Loi Nguyen officer: Executive Vice President 1000 N. WEST STREET, SUITE 1200, WILMINGTON DE 19801
Michael G Strachan director LSI CORPORATION, 1621 BARBER LANE, MILPITAS CA 95035
Dan Christman officer: EVP, Storage Business Group 5488 MARVELL LANE, SANTA CLARA CA 95054
Sandeep Bharathi officer: Chief Development Officer 5488 MARVELL LANE, SANTA CLARA CA 95054
Jarnac Dean E Jr. officer: EVP Worldwide Sales 5488 MARVELL LANE, SANTA CLARA CA 95054
Muhammad Raghib Hussain officer: President, Products & Tech 5488 MARVELL LANE, SANTA CLARA CA 95054
Panteha Dixon officer: Chief Accounting Officer 5488 MARVELL LANE, SANTA CLARA CA 95054
Nariman Yousefi officer: Executive Vice President 5300 CALIFORNIA AVENUE, IRVINE CA 92617
Rebecca W House director 1201 SOUTH SECOND STREET, MILWAUKEE WI 53204
Sara C Andrews director C/O LOGMEIN, INC., 320 SUMMER STREET, BOSTON MA 02210