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Nu Skin Enterprises (Nu Skin Enterprises) Net-Net Working Capital

: $-10.55 (As of Dec. 2023)
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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.

Nu Skin Enterprises's Net-Net Working Capital for the quarter that ended in Dec. 2023 was $-10.55.

The industry rank for Nu Skin Enterprises's Net-Net Working Capital or its related term are showing as below:

NUS's Price-to-Net-Net-Working-Capital is not ranked *
in the Consumer Packaged Goods industry.
Industry Median: 7.55
* Ranked among companies with meaningful Price-to-Net-Net-Working-Capital only.

Nu Skin Enterprises Net-Net Working Capital Historical Data

The historical data trend for Nu Skin Enterprises'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.

Nu Skin Enterprises 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 -6.73 -8.53 -8.18 -8.82 -10.55

Nu Skin Enterprises 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 -8.82 -9.15 -10.19 -10.47 -10.55

Competitive Comparison

For the Household & Personal Products subindustry, Nu Skin Enterprises'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.


Nu Skin Enterprises Price-to-Net-Net-Working-Capital Distribution

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

* The bar in red indicates where Nu Skin Enterprises's Price-to-Net-Net-Working-Capital falls into.



Nu Skin Enterprises Net-Net Working Capital Calculation

Nu Skin Enterprises'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)
=(267.816+0.75 * 72.879+0.5 * 279.978-984.495
-0-0)/49.5
=-10.55

Nu Skin Enterprises'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)
=(267.816+0.75 * 72.879+0.5 * 279.978-984.495
-0-0)/49.5
=-10.55

* 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.


Nu Skin Enterprises  (NYSE:NUS) 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.


Nu Skin Enterprises Net-Net Working Capital Related Terms

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Nu Skin Enterprises (Nu Skin Enterprises) Business Description

Traded in Other Exchanges
Address
75 West Center Street, Provo, UT, USA, 84601
Nu Skin Enterprises Inc is a health and beauty direct-selling company with a comprehensive product line: anti-aging skin products; peels, masks, and scrubs; moisturizers; body care; hair care; men's care; oral care; sun protection; and cosmetics. The company has three main product divisions: anti-aging, skin, and pharmaceuticals. The pharmaceuticals division offers nutritionals, weight-management products, and food supplements. The company has operations internationally, in more than 50 countries across the Americas, Europe, and the Asia-Pacific.
Executives
Andrew D Lipman director NU SKIN ENTERPRISES INC, 75 WEST CENTER, PROVO UT 84601
Laura Nathanson director C/O NU SKIN ENTERPRISES, INC., 75 W CENTER ST, PROVO UT 84601
Emma S. Battle director 101 NORTH CHERRY STREET, SUITE 501, WINSTON SALEM NC 27101
Edwina D Woodbury director
Steven Keith Hatchett officer: SVP, Global Products C/O NU SKIN ENTERPRISES, INC., 75 W CENTER ST, PROVO UT 84601
Mark H Lawrence officer: Chief Financial Officer 75 WEST CENTER STREET, PROVO X1 84601
Joseph Y Chang officer: President-Pharmanex Division NU SKIN ENTERPRISES INC, 75 WEST CENTER, PROVO UT 84601
Ryan S Napierski officer: Pres Global Sales & Operations C/O NU SKIN ENTERPRISES INC, 75 WEST CENTER STREEET, PROVO UT 84601
James D Thomas officer: Chief Accounting Officer C/O NU SKIN ENTERPRISES, INC., 75 W CENTER ST, PROVO UT 84601
Steven Lund director NU SKIN ENTERPRISES INC, 75 WEST CENTER STREET, PROVO UT 84601
Jeffrey Clark Bettinger officer: SVP, People and Places Officer C/O NU SKIN ENTERPRISES, INC., 75 W CENTER ST, PROVO UT 84601
Chayce David Clark officer: EVP and General Counsel C/O NU SKIN ENTERPRISES, INC., 75 W CENTER STREET, PROVO UT 84601
D Matthew Dorny officer: Vice President, other: General Counsel C/O NU SKIN ENTERPRISES, 75 W CENTER ST, PROVO UT 84601
Tang Connie Mang Yee officer: EVP Chief Global Growth &, Customer Experience Officer C/O NU SKIN ENTERPRISES, INC., 75 W CENTER STREET, PROVO UT 84601
Daniel W Campbell director NU SKIN ENTERPRISES INC, 75 WEST CENTER, PROVO UT 84601