GURUFOCUS.COM » STOCK LIST » Technology » Software » NCR Voyix Corp (NYSE:VYX) » Definitions » Net-Net Working Capital
中文

NCR Voyix (NCR Voyix) Net-Net Working Capital

: $-30.13 (As of Dec. 2023)
View and export this data going back to 1981. 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.

NCR Voyix's Net-Net Working Capital for the quarter that ended in Dec. 2023 was $-30.13.

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

VYX's Price-to-Net-Net-Working-Capital is not ranked *
in the Software industry.
Industry Median: 7.13
* Ranked among companies with meaningful Price-to-Net-Net-Working-Capital only.

NCR Voyix Net-Net Working Capital Historical Data

The historical data trend for NCR Voyix'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.

NCR Voyix Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Net-Net Working Capital
Get a 7-Day Free Trial Premium Member Only Premium Member Only -45.97 -45.60 -65.51 -67.02 -30.13

NCR Voyix 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 Get a 7-Day Free Trial 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 -67.02 -59.24 -57.58 -71.71 -30.13

Competitive Comparison

For the Information Technology Services subindustry, NCR Voyix'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.


NCR Voyix Price-to-Net-Net-Working-Capital Distribution

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

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



NCR Voyix Net-Net Working Capital Calculation

NCR Voyix'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)
=(262+0.75 * 372+0.5 * 254-4689
-276-0)/142.6
=-30.13

NCR Voyix'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)
=(262+0.75 * 372+0.5 * 254-4689
-276-0)/142.6
=-30.13

* 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.


NCR Voyix  (NYSE:VYX) 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.


NCR Voyix Net-Net Working Capital Related Terms

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


NCR Voyix (NCR Voyix) Business Description

Industry
Traded in Other Exchanges
Address
864 Spring Street NW, Atlanta, GA, USA, 30308
Website
NCR Voyix Corp is a company providing services of digital commerce solutions for retail, restaurant and digital banking. NCR Voyix transforms retail, restaurant and digital banking experiences with comprehensive platform-based SaaS and service capabilities.
Executives
Kevin Michael Reddy director 3 MINETTA STREET, NEW YORK NY 10012
James G Kelly director
Janet Brutschea Haugen director UNISYS CORPORATION, 801 LAKEVIEW DRIVE, SUITE 100, BLUE BELL PA 19422
Laura Marie Miller director 320 QUIET WATER LANE, ATLANTA GA 30350
Brian J. Webb-walsh officer: EVP & CFO 233 MT. AIRY ROAD, SUITE 100, BASKING RIDGE NJ 07920
Kelli Sterrett officer: EVP, General Counsel & Secrtry 10 GLENLAKE PARKWAY SOUTH TOWER, SUITE 950, ATLANTA GA 30328
Kelly Moyer officer: Chief Accounting Officer 864 SPRING STREET, ATLANTA GA 30308
Eric Schoch officer: EVP & President, Retail 864 SPRING STREET, ATLANTA GA 30208
David O. Wilkinson director, officer: Chief Executive Officer 864 SPRING STREET, ATLANTA GA 30308
Glenn W. Welling director 610 NEWPORT CENTER DRIVE, SUITE 950, NEWPORT BEACH CA 92660
Joseph E Reece director ONE VALERO WAY, BUILDING D, SUITE 200, SAN ANTONIO TX 78249
Adrian Button officer: SVP Global Hardware Prod Ops 864 SPRING ST. NW, NCR CORPORATION, ATLANTA GA 30308-1007
Laura Sen director ONE MERCER ROAD, P.O. BOX 9601, NATICK MA 01760-9601
Layden Donald W Jr officer: EVP Pymt Grp & Hd Strgy & M&A C/O NCR CORPORATION, 864 SPRING STREET NW, ATLANTA GA 30308
Daniel William Campbell officer: Executive VP, Global Sales 864 SPRING STREET NW, ATLANTA GA 30308