GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » Natures Sunshine Products Inc (NAS:NATR) » Definitions » Net-Net Working Capital

Natures Sunshine Products (Natures Sunshine Products) Net-Net Working Capital

: $1.42 (As of Dec. 2023)
View and export this data going back to 1990. Start your Free Trial

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.

Natures Sunshine Products's Net-Net Working Capital for the quarter that ended in Dec. 2023 was $1.42.

The industry rank for Natures Sunshine Products's Net-Net Working Capital or its related term are showing as below:

NATR's Price-to-Net-Net-Working-Capital is ranked worse than
65.99% of 594 companies
in the Consumer Packaged Goods industry
Industry Median: 7.42 vs NATR: 13.17

Natures Sunshine Products Net-Net Working Capital Historical Data

The historical data trend for Natures Sunshine Products'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.

Natures Sunshine Products Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Net-Net Working Capital
Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only -0.07 1.39 1.15 0.93 1.42

Natures Sunshine Products Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 0.93 0.78 1.03 1.22 1.42

Competitive Comparison

For the Packaged Foods subindustry, Natures Sunshine Products'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.


Natures Sunshine Products Price-to-Net-Net-Working-Capital Distribution

For the Consumer Packaged Goods industry and Consumer Defensive sector, Natures Sunshine Products's Price-to-Net-Net-Working-Capital distribution charts can be found below:

* The bar in red indicates where Natures Sunshine Products's Price-to-Net-Net-Working-Capital falls into.



Natures Sunshine Products Net-Net Working Capital Calculation

Natures Sunshine Products's Net-Net Working Capital (NNWC) per share for the fiscal year that ended in Dec. 2023 is calculated as

Net-Net Working Capital(A: Dec. 2023 )
=(Cash, Cash Equivalents, Marketable Securities+0.75 * Accounts Receivable+0.5 * Total Inventories-Total Liabilities
-Preferred Stock-Minority Interest)/Shares Outstanding (EOP)
=(82.373+0.75 * 8.827+0.5 * 66.895-90.233
-0-5.482)/18.875
=1.42

Natures Sunshine Products's Net-Net Working Capital (NNWC) per share for the quarter that ended in Dec. 2023 is calculated as

Net-Net Working Capital(Q: Dec. 2023 )
=(Cash, Cash Equivalents, Marketable Securities+0.75 * Accounts Receivable+0.5 * Total Inventories-Total Liabilities
-Preferred Stock-Minority Interest)/Shares Outstanding (EOP)
=(82.373+0.75 * 8.827+0.5 * 66.895-90.233
-0-5.482)/18.875
=1.42

* 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.


Natures Sunshine Products  (NAS:NATR) 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.


Natures Sunshine Products Net-Net Working Capital Related Terms

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


Natures Sunshine Products (Natures Sunshine Products) Business Description

Traded in Other Exchanges
N/A
Address
2901 West Bluegrass Boulevard, Suite 100, Lehi, UT, USA, 84043
Natures Sunshine Products Inc is a natural health and wellness company, primarily engaged in the manufacturing and selling of nutritional and personal care products. The company markets its products in Australia, Austria, Belarus, Canada, Colombia, Costa Rica, the Czech Republic, Denmark, the Dominican Republic, Ecuador, El Salvador, Finland, Germany, Guatemala, Honduras, Hong Kong, and in various other countries. The company operates in four segments namely, Asia, Europe, North America, and Latin America and Other. It offers products related to general health, immunity, cardiovascular, digestive, personal care and weight management.
Executives
Daniel C Norman officer: EVP & President, Asia 2901 WEST BLUEGRASS BLVD., SUITE 500: LEGAL DEPARTMENT, LEHI UT 84043
Nathan G Brower officer: EVP, General Counsel 2901 W BLUEGRASS BLVD, SUITE 100, LEHI UT 84043
Sarah Crockett officer: Global Chief Marketing Officer 2901 WEST BLUEGRASS BLVD., LEHI UT 84043
Bryant J Yates officer: Pres Nature's Sunshine Int'l 2500 W EXECUTIVE PARKWAY, SUITE 100, LEHI UT 84043
Kevin R. Herbert officer: EVP & President, North America 2901 WEST BLUEGRASS BLVD., LEHI UT 84043
Rong Yang director 2901 WEST BLUEGRASS BLVD., STE 100, LEHI UT 84043
Tracee Comstock officer: VP, Human Resources 2901 WEST BLUEGRASS BLVD., STE 100, LEHI UT 84043
Jonathan David Lanoy officer: SVP, Finance - Interim CFO C/O NATURE'S SUNSHINE PRODUCTS, INC., LEHI UT 84043
Leslie Shane Jones officer: EVP & Chief Financial Officer 2901 W. BLUEGRASS BLVD., LEHI UT 84043
Wynnefield Partners Small Cap Value Lp 10 percent owner 450 SEVENTH AVENUE, SUITE 509, NEW YORK NY 10123
Terrence Moorehead director, officer: Chief Executive Officer C/O 2901 W. BLUEGRASS BLVD, STE 500, LEHI UT 84043
Edward Silcock officer: EVP & President, North America 2901 WEST BLUEGRASS BLVD., SUITE 500: LEGAL DEPARTMENT, LEHI UT 84043
Martin A. Gonzalez officer: EVP, Global Supply Chain C/O 2901 W. BLUEGRASS BLVD., ATTN: LEGAL DEPARTMENT, LEHI UT 84043
Tess Roering director C/O NATURE'S SUNSHINE PRODUCTS, INC., 2901 W. BLUEGRASS BLVD., LEHI UT 84043
Curtis Kopf director C/O NATURE'S SUNSHINE PRODUCTS, INC., 2901 WEST BLUEGRASS BLVD. STE 500, LEHI UT 84043