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Jasper Commerce (TSXV:JPIM) Net-Net Working Capital : C$-0.03 (As of Jan. 2024)


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What is Jasper Commerce 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.

Jasper Commerce's Net-Net Working Capital for the quarter that ended in Jan. 2024 was C$-0.03.

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

TSXV:JPIM's Price-to-Net-Net-Working-Capital is not ranked *
in the Software industry.
Industry Median: 7.38
* Ranked among companies with meaningful Price-to-Net-Net-Working-Capital only.

Jasper Commerce Net-Net Working Capital Historical Data

The historical data trend for Jasper Commerce'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.

Jasper Commerce Net-Net Working Capital Chart

Jasper Commerce Annual Data
Trend Jul20 Jul21 Jul22 Jul23
Net-Net Working Capital
-0.04 -0.13 0.02 -0.02

Jasper Commerce Quarterly Data
Jul20 Oct20 Jan21 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 -0.02 -0.02 -0.02 -0.03 -0.03

Competitive Comparison of Jasper Commerce's Net-Net Working Capital

For the Software - Application subindustry, Jasper Commerce'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.


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

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

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



Jasper Commerce Net-Net Working Capital Calculation

Jasper Commerce'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)
=(0.143+0.75 * 0.085+0.5 * 0-1.47
-0-0)/58.0796
=-0.02

Jasper Commerce'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)
=(0.111+0.75 * 0.075+0.5 * 0-1.992
-0-0)/58.0796
=-0.03

* 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.


Jasper Commerce  (TSXV:JPIM) 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.


Jasper Commerce Net-Net Working Capital Related Terms

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Jasper Commerce (TSXV:JPIM) Business Description

Traded in Other Exchanges
N/A
Address
15 Wellesley Street West, Suite 214, Toronto, ON, CAN, M4Y 0G7
Jasper Commerce Inc is a Software-as-a-service Product Information Management solution empowering eCommerce retailers, wholesalers or distributors to centralize, organize and richly merchandise products from a single central repository. The company has two main products SaaS PIM subscriptions and Professional services. The company generates majority of its revenue from SaaS PIM subscriptions. The company operates in United States, Canada and others geographically and the majority of its revenue generates from United States.
Executives
Kenneth Gutierrez Senior Officer

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