Adani Wilmar (NSE:AWL) Net-Net Working Capital

: ₹0.00 (As of Dec. 2023)

View and export this data going back to 2022. Start your Free Trial

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.

Adani Wilmar's Net-Net Working Capital for the quarter that ended in Dec. 2023 was ₹0.00.

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

NSE:AWL's Price-to-Net-Net-Working-Capital is not ranked ^*
in the Consumer Packaged Goods industry.
Industry Median: 7.43
* Ranked among companies with meaningful Price-to-Net-Net-Working-Capital only.

Adani Wilmar Net-Net Working Capital Historical Data

The historical data trend for Adani Wilmar'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.

Adani Wilmar Annual Data

Trend

Mar19

Mar20

Mar21

Mar22

Mar23

Net-Net Working Capital

-49.61

-48.20

-49.21

-43.04

-39.57

Adani Wilmar Quarterly Data
	Mar19	Mar20	Sep20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Net-Net Working Capital											-	-39.57	-	-28.55	-

Competitive Comparison

For the Packaged Foods subindustry, Adani Wilmar'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.

Adani Wilmar Price-to-Net-Net-Working-Capital Distribution

For the Consumer Packaged Goods industry and Consumer Defensive sector, Adani Wilmar's Price-to-Net-Net-Working-Capital distribution charts can be found below:

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

Adani Wilmar Net-Net Working Capital Calculation

Adani Wilmar's Net-Net Working Capital (NNWC) per share for the fiscal year that ended in Mar. 2023 is calculated as

	Net-Net Working Capital		(A: Mar. 2023 )
=	(Cash, Cash Equivalents, Marketable Securities	+	0.75 * Accounts Receivable	+	0.5 * Total Inventories	-	Total Liabilities
-	Preferred Stock	-	Minority Interest)	/	Shares Outstanding (EOP)
=	(23823.2	+	0.75 * 19314.1	+	0.5 * 76812.4	-	128140.3
-	0	-	0)	/	1299.68
=	-39.57

Adani Wilmar's Net-Net Working Capital (NNWC) per share for the quarter that ended in Dec. 2023 is calculated as

	Net-Net Working Capital		(Q: Dec. 2023 )
=	(Cash, Cash Equivalents, Marketable Securities	+	0.75 * Accounts Receivable	+	0.5 * Total Inventories	-	Total Liabilities
-	Preferred Stock	-	Minority Interest)	/	Shares Outstanding (EOP)
=	(0	+	0.75 * 0	+	0.5 * 0	-	N/A
-	0	-	0)	/	1299.68
=	N/A

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.

Adani Wilmar (NSE:AWL) 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.

Adani Wilmar Net-Net Working Capital Related Terms

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

Adani Wilmar (NSE:AWL) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » Adani Wilmar Ltd (NSE:AWL) » Definitions » Net-Net Working Capital

Traded in Other Exchanges

543458:India

Address

Near Navrangpura Railway Crossing, Fortune House, Ahmedabad, GJ, IND, 380 009

Website

https://www.adaniwilmar.com

Adani Wilmar Ltd is an FMCG food company offering most of the essential kitchen commodities for Indian consumers, including edible oil, wheat flour, rice, pulses, and sugar. The company also offers a diverse range of industry essentials, including oleochemicals, castor oil and its derivatives, and de-oiled cakes. The company's products are offered under a diverse range of brands across a broad price spectrum and cater to different customer groups. The company sells its entire range of packed products under the following brands: Fortune, King's, Raag, Bullet, Fryola, Jubilee, Aadhaar, and VIVO.

Adani Wilmar (NSE:AWL) Headlines

No Headlines