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Callidus Software (Callidus Software) Net-Net Working Capital : $0.08 (As of Dec. 2017)


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What is Callidus Software Net-Net Working Capital?

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.

Callidus Software's Net-Net Working Capital for the quarter that ended in Dec. 2017 was $0.08.

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

CALD's Price-to-Net-Net-Working-Capital is not ranked *
in the Software industry.
Industry Median: 7.425
* Ranked among companies with meaningful Price-to-Net-Net-Working-Capital only.

Callidus Software Net-Net Working Capital Historical Data

The historical data trend for Callidus Software'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.

Callidus Software Net-Net Working Capital Chart

Callidus Software Annual Data
Trend Dec08 Dec09 Dec10 Dec11 Dec12 Dec13 Dec14 Dec15 Dec16 Dec17
Net-Net Working Capital
Get a 7-Day Free Trial Premium Member Only Premium Member Only -0.75 -1.01 0.30 1.24 0.08

Callidus Software Quarterly Data
Mar13 Jun13 Sep13 Dec13 Mar14 Jun14 Sep14 Dec14 Mar15 Jun15 Sep15 Dec15 Mar16 Jun16 Sep16 Dec16 Mar17 Jun17 Sep17 Dec17
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 1.24 1.04 0.83 0.72 0.08

Competitive Comparison of Callidus Software's Net-Net Working Capital

For the Software - Application subindustry, Callidus Software'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.


Callidus Software's Price-to-Net-Net-Working-Capital Distribution in the Software Industry

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

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



Callidus Software Net-Net Working Capital Calculation

Callidus Software's Net-Net Working Capital (NNWC) per share for the fiscal year that ended in Dec. 2017 is calculated as

Net-Net Working Capital(A: Dec. 2017 )
=(Cash, Cash Equivalents, Marketable Securities+0.75 * Accounts Receivable+0.5 * Total Inventories-Total Liabilities
-Preferred Stock-Minority Interest)/Shares Outstanding (EOP)
=(150.499+0.75 * 76.75+0.5 * 0-202.488
-0-0)/66.021
=0.08

Callidus Software's Net-Net Working Capital (NNWC) per share for the quarter that ended in Dec. 2017 is calculated as

Net-Net Working Capital(Q: Dec. 2017 )
=(Cash, Cash Equivalents, Marketable Securities+0.75 * Accounts Receivable+0.5 * Total Inventories-Total Liabilities
-Preferred Stock-Minority Interest)/Shares Outstanding (EOP)
=(150.499+0.75 * 76.75+0.5 * 0-202.488
-0-0)/66.021
=0.08

* 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.


Callidus Software  (NAS:CALD) 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.


Callidus Software Net-Net Working Capital Related Terms

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Callidus Software (Callidus Software) Business Description

Traded in Other Exchanges
N/A
Address
Callidus Software Inc provides cloud-based sales, marketing, learning, and customer-experience products. The firm's services enable its customers to identify leads, train personnel, automate pricing, and streamline sales compensation. The company has clients in a variety of industries, but focuses on telecommunications, insurance, banking, and technology. CallidusCloud products are sold on a subscription basis, typically through annual and multiyear contracts. A large majority of the firm's revenue is generated in the United States and Canada, but Callidus has a sizable presence in Asia-Pacific and Europe.
Executives
Roxanne Oulman officer: EVP, Chief Financial Officer 4140 DUBLIN BOULEVARD, SUITE 400, DUBLIN CA 94568
Nina Richardson director C/O SILICON LABORATORIES, 400 W CESAR CHAVEZ, AUSTIN TX 78701
James D White director C/O CAVA GROUP, INC., 202-400-2920 14 RIDGE SQUARE NW, SUITE 5, WASHINGTON DC 20016
Leslie Stretch director, officer: President and CEO 4140 DUBLIN BLVD SUITE 400 DUBLIN CA 94568
Charles Boesenberg director 4140 DUBLIN BLVD SUITE 400 DUBLIN CA 94568
Mark Culhane director 6200 STONERIDGE MALL ROAD, SUITE 500, PLEASANTON CA 94588
Kevin Klausmeyer director 2101 CITYWEST BLVD, HOUSTON TX 77042-2827
Jimmy C. Duan officer: EVP, Chief Technology Officer 4140 DUBLIN BLVD SUITE 400 DUBLIN CA 94568
Murray D Rode director 3303 HILLVIEW AVE, PALO ALTO CA 94304
Michele Vion Choka other: Former Director 4140 DUBLIN BLVD, SUITE 400, DUBLIN CA 94568
Bob L Corey officer: Former EVP, CFO 4140 DUBLIN BLVD, SUITE 400, DUBLIN CA 94568
Ronald J Fior officer: SVP, Finance & Ops; CFO C/O QUOTIENT TECHNOLOGY INC., 400 LOGUE AVE, MOUNTAIN VIEW CA 94043
Robert Youngjohns director C/O CALLIDUS SOFTWARE, 160 WEST SANTA CLARA STREET, SAN JOSE CA 95113
Brian E Cabrera officer: SVP and Gen. Counsel CALLIDUS SOFTWARE INC., 160 W. SANTA CLARA STREET, SUITE 1500, SAN JOSE CA 95113
R David Spreng director 3800 FIRST BANK PL, P O BOX 357, MINNEAPOLIS MN 55402

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