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Snowflake (HAM:5Q5) Net-Net Working Capital : €4.12 (As of Jan. 2024)


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What is Snowflake 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.

Snowflake's Net-Net Working Capital for the quarter that ended in Jan. 2024 was €4.12.

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

HAM:5Q5's Price-to-Net-Net-Working-Capital is ranked worse than
85.88% of 1232 companies
in the Software industry
Industry Median: 7.22 vs HAM:5Q5: 36.04

Snowflake Net-Net Working Capital Historical Data

The historical data trend for Snowflake'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.

Snowflake Net-Net Working Capital Chart

Snowflake Annual Data
Trend Jan19 Jan20 Jan21 Jan22 Jan23 Jan24
Net-Net Working Capital
Get a 7-Day Free Trial -3.74 8.96 7.53 6.54 4.12

Snowflake Quarterly Data
Jan19 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 6.54 5.74 5.04 4.60 4.12

Competitive Comparison of Snowflake's Net-Net Working Capital

For the Software - Application subindustry, Snowflake'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.


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

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

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



Snowflake Net-Net Working Capital Calculation

Snowflake's Net-Net Working Capital (NNWC) per share for the fiscal year that ended in Jan. 2024 is calculated as

Net-Net Working Capital(A: Jan. 2024 )
=(Cash, Cash Equivalents, Marketable Securities+0.75 * Accounts Receivable+0.5 * Total Inventories-Total Liabilities
-Preferred Stock-Minority Interest)/Shares Outstanding (EOP)
=(3530.856+0.75 * 850.896+0.5 * 0-2784.1
-0-9.443)/333.961
=4.12

Snowflake'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)
=(3530.856+0.75 * 850.896+0.5 * 0-2784.1
-0-9.443)/333.961
=4.12

* 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.


Snowflake  (HAM:5Q5) 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.


Snowflake Net-Net Working Capital Related Terms

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Snowflake (HAM:5Q5) Business Description

Industry
Address
106 East Babcock Street, Suite 3A, Bozeman, MT, USA, 59715
Founded in 2012, Snowflake is a data lake, warehousing, and sharing company that came public in 2020. To date, the company has over 3,000 customers, including nearly 30% of the Fortune 500 as its customers. Snowflake's data lake stores unstructured and semistructured data that can then be used in analytics to create insights stored in its data warehouse. Snowflake's data sharing capability allows enterprises to easily buy and ingest data almost instantaneously compared with a traditionally months-long process. Overall, the company is known for the fact that all of its data solutions that can be hosted on various public clouds.

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