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The Descartes Systems Group (The Descartes Systems Group) Net Current Asset Value : $2.14 (As of Jan. 2024)


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What is The Descartes Systems Group Net Current Asset Value?

In calculating the Net Current Asset Value (NCAV), Benjamin Graham means a company's current assets (such as cash, marketable securities, and inventories) minus its total liabilities (including preferred stock, minority interest, and long-term debt).

The Descartes Systems Group's net current asset value per share for the quarter that ended in Jan. 2024 was $2.14.

The historical rank and industry rank for The Descartes Systems Group's Net Current Asset Value or its related term are showing as below:

DSGX' s Price-to-Net-Current-Asset-Value Range Over the Past 10 Years
Min: 11.69   Med: 55.42   Max: 568.2
Current: 44.88

During the past 13 years, the highest Price-to-Net-Current-Asset-Value Ratio of The Descartes Systems Group was 568.20. The lowest was 11.69. And the median was 55.42.

DSGX's Price-to-Net-Current-Asset-Value is ranked worse than
93.35% of 1684 companies
in the Software industry
Industry Median: 5.21 vs DSGX: 44.88

The Descartes Systems Group Net Current Asset Value Historical Data

The historical data trend for The Descartes Systems Group's Net Current Asset Value 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.

The Descartes Systems Group Net Current Asset Value Chart

The Descartes Systems Group Annual Data
Trend Jan15 Jan16 Jan17 Jan18 Jan19 Jan20 Jan21 Jan22 Jan23 Jan24
Net Current Asset Value
Get a 7-Day Free Trial Premium Member Only Premium Member Only -0.25 0.60 1.26 1.67 2.14

The Descartes Systems Group Quarterly Data
Apr19 Jul19 Oct19 Jan20 Apr20 Jul20 Oct20 Jan21 Apr21 Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24
Net Current Asset Value 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 1.67 0.38 0.96 1.51 2.14

Competitive Comparison of The Descartes Systems Group's Net Current Asset Value

For the Software - Application subindustry, The Descartes Systems Group's Price-to-Net-Current-Asset-Value, along with its competitors' market caps and Price-to-Net-Current-Asset-Value 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.


The Descartes Systems Group's Price-to-Net-Current-Asset-Value Distribution in the Software Industry

For the Software industry and Technology sector, The Descartes Systems Group's Price-to-Net-Current-Asset-Value distribution charts can be found below:

* The bar in red indicates where The Descartes Systems Group's Price-to-Net-Current-Asset-Value falls into.



The Descartes Systems Group Net Current Asset Value Calculation

The Descartes Systems Group's Net Current Asset Value (NCAV) per share for the fiscal year that ended in Jan. 2024 is calculated as

Net Current Asset Value Per Share(A: Jan. 2024 )
=(Total Current Assets-Total Liabilities-Minority Interest-Preferred Stock)/Shares Outstanding (EOP)
=(418.182-236.251-0-0)/85.1835
=2.14

The Descartes Systems Group's Net Current Asset Value (NCAV) per share for the quarter that ended in Jan. 2024 is calculated as

Net Current Asset Value Per Share(Q: Jan. 2024 )
=(Total Current Assets-Total Liabilities-Minority Interest-Preferred Stock)/Shares Outstanding (EOP)
=(418.182-236.251-0-0)/85.1835
=2.14

* 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.


The Descartes Systems Group  (NAS:DSGX) Net Current Asset Value Explanation

Benjamin Graham first discussed net current asset value (NCAV) in the 1934 edition of "Security Analysis", which he coauthored with David Dodd. In the book, (net) current asset value is defined as:" current assets alone, minus all liabilities and claims ahead of the issue."

The common definition of NCAV is: NCAV = current assets – [total liabilities + minority interest + preferred stock]

Net current assets exclude not only the intangible assets but also the fixed and miscellaneous assets. 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.

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 Working Capital. They are collected under our Net-Net screener.


The Descartes Systems Group Net Current Asset Value Related Terms

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The Descartes Systems Group (The Descartes Systems Group) Business Description

Traded in Other Exchanges
Address
120 Randall Drive, Waterloo, ON, CAN, N2V 1C6
The Descartes Systems Group provides a software solution that allows users in the shipping industry to communicate with one another. The core product is the Global Logistics Network, which is best understood as transaction driven. Descartes charges clients to send/receive messages, data, and documents on the GLN (the transactions). Customers typically contract for a monthly minimum over a multiyear period. The GLN platform allows for Descartes to upsell additional software modules as well, typically provided via a software-as-a-service model.

The Descartes Systems Group (The Descartes Systems Group) Headlines