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Telenav (Telenav) Net-Net Working Capital : $-1.16 (As of Dec. 2020)


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What is Telenav 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.

Telenav's Net-Net Working Capital for the quarter that ended in Dec. 2020 was $-1.16.

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

TNAV'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.

Telenav Net-Net Working Capital Historical Data

The historical data trend for Telenav'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.

Telenav Net-Net Working Capital Chart

Telenav Annual Data
Trend Jun11 Jun12 Jun13 Jun14 Jun15 Jun16 Jun17 Jun18 Jun19 Jun20
Net-Net Working Capital
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.70 -0.13 -0.21 -1.16 -1.27

Telenav Quarterly Data
Mar16 Jun16 Sep16 Dec16 Mar17 Jun17 Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20
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 -1.01 -1.24 -1.27 -1.24 -1.16

Competitive Comparison of Telenav's Net-Net Working Capital

For the Software - Application subindustry, Telenav'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.


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

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

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



Telenav Net-Net Working Capital Calculation

Telenav's Net-Net Working Capital (NNWC) per share for the fiscal year that ended in Jun. 2020 is calculated as

Net-Net Working Capital(A: Jun. 2020 )
=(Cash, Cash Equivalents, Marketable Securities+0.75 * Accounts Receivable+0.5 * Total Inventories-Total Liabilities
-Preferred Stock-Minority Interest)/Shares Outstanding (EOP)
=(110.833+0.75 * 34.542+0.5 * 0-196.781
-0-0)/47.342
=-1.27

Telenav's Net-Net Working Capital (NNWC) per share for the quarter that ended in Dec. 2020 is calculated as

Net-Net Working Capital(Q: Dec. 2020 )
=(Cash, Cash Equivalents, Marketable Securities+0.75 * Accounts Receivable+0.5 * Total Inventories-Total Liabilities
-Preferred Stock-Minority Interest)/Shares Outstanding (EOP)
=(112.991+0.75 * 44.026+0.5 * 0-201.503
-0-0)/47.9995
=-1.16

* 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.


Telenav  (NAS:TNAV) 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.


Telenav Net-Net Working Capital Related Terms

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Telenav (Telenav) Business Description

Industry
Traded in Other Exchanges
N/A
Address
4655 Great America Parkway, Suite 300, Santa Clara, CA, USA, 95054
Telenav Inc is a provider of location-based services, including voice-guided navigation, on mobile phones. The company's operating segment includes Automotive; Advertising and Mobile Navigation. It generates maximum interest from the Automotive segment. Automotive segment utilizes connected car platform to deliver enhanced location-based navigation services to automobile manufacturers and tier ones, which includes on-board navigation systems, advanced hybrid navigation solutions, and mobile phone-based navigation solutions. Geographically, it derives a majority of revenue from the United States.
Executives
Hassan Wahla officer: Chief Customer Officer C/O TELENAV, INC., 4655 GREAT AMERICA PK SUITE 300 SANTA CLARA CA 95054
Stephen Debenham officer: V.P, General Counsel,Secretary 46897 BAYSIDE PARKWAY FREMONT CA 94638
Salman Dhanani officer: Chief Operating Officer C/O TELENAV, INC., 4655 GREAT AMERICA PK SUITE 300 SANTA CLARA CA 95054
Adeel Manzoor officer: Chief Financial Officer 4655 GREAT AMERICA PARKWAY, SUITE 300, SANTA CLARA CA 95054
H.p. Jin director, officer: President,CEO,Board Chair C/O TELENAV, INC. 4655 GREAT AMERICA PARKWAY - SUITE 300 SANTA CLARA CA 95054
Brett Hendrickson 10 percent owner 300 CRESCENT COURT, SUITE 1740, DALLAS TX 75201
Nokomis Capital, L.l.c. 10 percent owner 1717 MCKINNEY AVENUE, SUITE 850, DALLAS TX 75202
Karen C Francis director 200 SW 1ST AVE, SUITE 1600, FORT LAUDERDALE FL 33301
Randy L. Ortiz director C/O TELENAV, INC. 4655 GREAT AMERICA PARKWAY, SUITE 300 SANTA CLARA CA 95054
Samuel Chen director C/O TELENAV, INC., 4655 GREAT AMERICA PK SUITE 300 SANTA CLARA CA 95054
Wes Cummins director 4505 LORRAINE AVE, DALLAS TX 75205
Douglas S Miller director C/O TELENAV, INC., 4655 GREAT AMERICA PK, SUITE 300, SANTA CLARA CA 95054
Ken Xie director 4655 GREAT AMERICA PARKWAY - SUITE 300, SANTA CLARA CA 95054
Kandal Philipp Wolfgang Josef officer: SVP of Engineering C/O TELENAV, INC. 4655 GREAT AMERICA PARKWAY, SUITE 300 SANTA CLARA CA 95054
David Ritenour officer: Interim General Counsel 4655 GREAT AMERICA PARKWAY, SUITE 300 SANTA CLARA CA 95054