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Sougou Shouken Co (TSE:7850) Net-Net Working Capital : 円-943.11 (As of Jan. 2024)


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What is Sougou Shouken Co 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.

Sougou Shouken Co's Net-Net Working Capital for the quarter that ended in Jan. 2024 was 円-943.11.

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

TSE:7850's Price-to-Net-Net-Working-Capital is not ranked *
in the Business Services industry.
Industry Median: 5.585
* Ranked among companies with meaningful Price-to-Net-Net-Working-Capital only.

Sougou Shouken Co Net-Net Working Capital Historical Data

The historical data trend for Sougou Shouken Co'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.

Sougou Shouken Co Net-Net Working Capital Chart

Sougou Shouken Co Annual Data
Trend Jul14 Jul15 Jul16 Jul17 Jul18 Jul19 Jul20 Jul21 Jul22 Jul23
Net-Net Working Capital
Get a 7-Day Free Trial Premium Member Only Premium Member Only -1,228.76 -1,521.05 -1,321.68 -1,228.02 -1,043.96

Sougou Shouken Co Quarterly Data
Apr19 Jul19 Oct19 Jan20 Apr20 Jul20 Oct20 Jan21 Apr21 Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24
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 -1,129.14 -978.80 -1,043.96 -1,571.78 -943.11

Competitive Comparison of Sougou Shouken Co's Net-Net Working Capital

For the Specialty Business Services subindustry, Sougou Shouken Co'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.


Sougou Shouken Co's Price-to-Net-Net-Working-Capital Distribution in the Business Services Industry

For the Business Services industry and Industrials sector, Sougou Shouken Co's Price-to-Net-Net-Working-Capital distribution charts can be found below:

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



Sougou Shouken Co Net-Net Working Capital Calculation

Sougou Shouken Co's Net-Net Working Capital (NNWC) per share for the fiscal year that ended in Jul. 2023 is calculated as

Net-Net Working Capital(A: Jul. 2023 )
=(Cash, Cash Equivalents, Marketable Securities+0.75 * Accounts Receivable+0.5 * Total Inventories-Total Liabilities
-Preferred Stock-Minority Interest)/Shares Outstanding (EOP)
=(1342.262+0.75 * 1217.991+0.5 * 760.623-5741.882
-0-25.472)/2.99943
=-1,043.96

Sougou Shouken Co's Net-Net Working Capital (NNWC) per share for the quarter that ended in Jan. 2024 is calculated as

Net-Net Working Capital(Q: Jan. 2024 )
=(Cash, Cash Equivalents, Marketable Securities+0.75 * Accounts Receivable+0.5 * Total Inventories-Total Liabilities
-Preferred Stock-Minority Interest)/Shares Outstanding (EOP)
=(3208.655+0.75 * 2156.401+0.5 * 576.272-7915.361
-0-27.519)/2.99943
=-943.11

* 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.


Sougou Shouken Co  (TSE:7850) 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.


Sougou Shouken Co Net-Net Working Capital Related Terms

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Sougou Shouken Co (TSE:7850) Business Description

Traded in Other Exchanges
N/A
Address
3-4-48 Higashi-Naebo2jo, Higashi-ku, Hokkaido, Sapporo, JPN, 007-0802
Sougou Shouken Co Ltd provides commercial printing services in Japan. It is engaged in planning, design, printing, and processing of leaflets, catalogs, posters, DMs, POPs, and publications. Its services include advertising inserts and flyers, POP advertising, Postures, and brochures, among others. It is also involved in printing new year cards and the production of the exhibition, seminar, and various promotional materials for event planning and sales promotion.

Sougou Shouken Co (TSE:7850) Headlines

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