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Perry Ellis International (Perry Ellis International) Net-Net Working Capital : $1.33 (As of Jul. 2018)


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What is Perry Ellis International 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.

Perry Ellis International's Net-Net Working Capital for the quarter that ended in Jul. 2018 was $1.33.

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

PERY's Price-to-Net-Net-Working-Capital is not ranked *
in the Manufacturing - Apparel & Accessories industry.
Industry Median: 5.44
* Ranked among companies with meaningful Price-to-Net-Net-Working-Capital only.

Perry Ellis International Net-Net Working Capital Historical Data

The historical data trend for Perry Ellis International'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.

Perry Ellis International Net-Net Working Capital Chart

Perry Ellis International Annual Data
Trend Jan09 Jan10 Jan11 Jan12 Jan13 Jan14 Jan15 Jan16 Jan17 Jan18
Net-Net Working Capital
Get a 7-Day Free Trial Premium Member Only Premium Member Only -6.88 -8.48 -6.76 -4.00 -0.51

Perry Ellis International Quarterly Data
Oct13 Jan14 Apr14 Jul14 Oct14 Jan15 Apr15 Jul15 Oct15 Jan16 Apr16 Jul16 Oct16 Jan17 Apr17 Jul17 Oct17 Jan18 Apr18 Jul18
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 -1.80 -1.00 -0.51 0.50 1.33

Competitive Comparison of Perry Ellis International's Net-Net Working Capital

For the Apparel Manufacturing subindustry, Perry Ellis International'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.


Perry Ellis International's Price-to-Net-Net-Working-Capital Distribution in the Manufacturing - Apparel & Accessories Industry

For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, Perry Ellis International's Price-to-Net-Net-Working-Capital distribution charts can be found below:

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



Perry Ellis International Net-Net Working Capital Calculation

Perry Ellis International's Net-Net Working Capital (NNWC) per share for the fiscal year that ended in Jan. 2018 is calculated as

Net-Net Working Capital(A: Jan. 2018 )
=(Cash, Cash Equivalents, Marketable Securities+0.75 * Accounts Receivable+0.5 * Total Inventories-Total Liabilities
-Preferred Stock-Minority Interest)/Shares Outstanding (EOP)
=(49.308+0.75 * 148.854+0.5 * 175.459-256.612
-0-0)/15.6907
=-0.51

Perry Ellis International's Net-Net Working Capital (NNWC) per share for the quarter that ended in Jul. 2018 is calculated as

Net-Net Working Capital(Q: Jul. 2018 )
=(Cash, Cash Equivalents, Marketable Securities+0.75 * Accounts Receivable+0.5 * Total Inventories-Total Liabilities
-Preferred Stock-Minority Interest)/Shares Outstanding (EOP)
=(21.338+0.75 * 135.772+0.5 * 135.445-169.797
-0-0)/15.8842
=1.33

* 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.


Perry Ellis International  (NAS:PERY) 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.


Perry Ellis International Net-Net Working Capital Related Terms

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Perry Ellis International (Perry Ellis International) Business Description

Traded in Other Exchanges
N/A
Address
Perry Ellis manufactures apparel and accessories that it sells under its own brand names or via licensed brands. Notable company-owned brands include Original Penguin and Perry Ellis. Licenses are primarily for golf apparel or swimwear. The company is the official apparel licensee for Callaway Golf and the official swimwear licensee in North America for Nike. Perry Ellis primarily distributes its products to wholesale customers, which sell through channels including department stores, specialty stores, sporting goods stores, and e-commerce. The company also maintains its own Perry Ellis and Original Penguin retail stores. The majority of the firm's revenue is generated in the men's sportswear and swim segment and from sales in the United States.
Executives
Bruce J Klatsky director 3000 NW 107TH AVENUE, MIAMI FL 33172
Michael W Rayden director
Jane E. Deflorio director 3000 N.W. 107TH AVENUE, MIAMI FL 33172
Anita D Britt officer: Chief Financial Officer 3000 NW 107TH AVENUE, MIAMI FL 33172
Barry S Gluck director
George Pita officer: Sr. Vice President - Finance 3000 NW 107TH AVENUE, MIAMI FL 33172
Timothy B Page officer: Chief Financial Officer 3000 NW 107TH AVE MIAMI FL 33172
De Cardenas Alberto I officer: Senior VP and General Counsel 800 S DOUGLAS ROAD, 12TH FLOOR, CORAL GABLES X1 33134