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Xoom (XOOM) Net-Net Working Capital : $2.98 (As of Sep. 2015)


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What is Xoom 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.

Xoom's Net-Net Working Capital for the quarter that ended in Sep. 2015 was $2.98.

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

XOOM's Price-to-Net-Net-Working-Capital is not ranked *
in the Credit Services industry.
Industry Median: 7.2
* Ranked among companies with meaningful Price-to-Net-Net-Working-Capital only.

Xoom Net-Net Working Capital Historical Data

The historical data trend for Xoom'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.

Xoom Net-Net Working Capital Chart

Xoom Annual Data
Trend Dec09 Dec10 Dec11 Dec12 Dec13 Dec14
Net-Net Working Capital
Get a 7-Day Free Trial - - 0.45 5.23 3.08

Xoom Quarterly Data
Dec09 Dec10 Sep11 Dec11 Mar12 Jun12 Sep12 Dec12 Mar13 Jun13 Sep13 Dec13 Mar14 Jun14 Sep14 Dec14 Mar15 Jun15 Sep15
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 3.19 3.08 3.99 3.65 2.98

Competitive Comparison of Xoom's Net-Net Working Capital

For the Credit Services subindustry, Xoom'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.


Xoom's Price-to-Net-Net-Working-Capital Distribution in the Credit Services Industry

For the Credit Services industry and Financial Services sector, Xoom's Price-to-Net-Net-Working-Capital distribution charts can be found below:

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



Xoom Net-Net Working Capital Calculation

Xoom's Net-Net Working Capital (NNWC) per share for the fiscal year that ended in Dec. 2014 is calculated as

Net-Net Working Capital(A: Dec. 2014 )
=(Cash, Cash Equivalents, Marketable Securities+0.75 * Accounts Receivable+0.5 * Total Inventories-Total Liabilities
-Preferred Stock-Minority Interest)/Shares Outstanding (EOP)
=(178.993+0.75 * 0+0.5 * 0-59.958
-0-0)/38.5928
=3.08

Xoom's Net-Net Working Capital (NNWC) per share for the quarter that ended in Sep. 2015 is calculated as

Net-Net Working Capital(Q: Sep. 2015 )
=(Cash, Cash Equivalents, Marketable Securities+0.75 * Accounts Receivable+0.5 * Total Inventories-Total Liabilities
-Preferred Stock-Minority Interest)/Shares Outstanding (EOP)
=(152.441+0.75 * 0+0.5 * 0-34.472
-0-0)/39.5546
=2.98

* 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.


Xoom  (NAS:XOOM) 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.


Xoom Net-Net Working Capital Related Terms

Thank you for viewing the detailed overview of Xoom's Net-Net Working Capital provided by GuruFocus.com. Please click on the following links to see related term pages.


Xoom (XOOM) Business Description

Traded in Other Exchanges
N/A
Address
Xoom Corp was formed on June 15, 2001 and is backed by Sequoia Capital, New Enterprise Associates, SVB Capital and Fidelity Ventures. The company is an online consumer-to-consumer money transfer company based in San Francisco. It provides consumer remittance services in close to 30 countries. The company's customers use its website to send money to friends and families in these countries. Its offerings include bank deposit services, cash pickup service, as well as home delivery services. It also provides money transfer services to banks, money transfer companies, and retailers, banks in Asia, Europe, and Latin America, among others. It generates revenues from transaction fees charged to customers and foreign exchange spreads on transactions where the payout currency is other than U.S. dollars.
Executives
Capital Xi Sequoia 10 percent owner C/O SEQUOIA CAPITAL, 2800 SAND HILL RD, SUITE 101, MENLO PARK CA 94025
Kevin Hartz director C/O XOOM CORPORATION, 100 BUSH STREET, SUITE 300, SAN FRANCISCO CA 94104
Ryno Blignaut officer: Chief Financial Officer C/O XOOM CORPORATION, 100 BUSH STREET, SUITE 300, SAN FRANCISCO CA 94104
Roelof Botha director, 10 percent owner C/O SEQUOIA CAPITAL, 2800 SAND HILL RD, SUITE 101, MENLO PARK CA 94025
Sc Xi Management Llc 10 percent owner C/O SEQUOIA CAPITAL, 2800 SAND HILL RD, SUITE 101, MENLO PARK CA 94025
Sequoia Capital Xi Principals Fund 10 percent owner C/O SEQUOIA CAPITAL, 2800 SAND HILL RD, SUITE 101, MENLO PARK CA 94025
Sequoia Technology Partners Xi 10 percent owner C/O SEQUOIA CAPITAL, 2800 SAND HILL RD, SUITE 101, MENLO PARK CA 94025
Murray J Demo director
C Richard Kramlich director 1954 GREENSPRING DRIVE, SUITE 600, TIMONIUM MD 21093
Peter Thomas Killalea director C/O XOOM CORPORATION, 425 MARKET STREET, 12TH FLOOR, SAN FRANCISCO CA 94105
Keith Rabois director C/O YELP! INC., 706 MISSION ST., SAN FRANCISCO CA 94103
Alison Davis director 255 FISERV DRIVE, BROOKFIELD WI 53045
Forest Baskett 10 percent owner
Ryan D Drant 10 percent owner 1119 ST PAUL STREET, BALTIMORE MD 21202
Peter J Barris 10 percent owner 1119 ST PAUL STREET, BALTIMORE MD 21202

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