GURUFOCUS.COM » STOCK LIST » Technology » Software » Perspecta Inc (NYSE:PRSP) » Definitions » Net-Net Working Capital

Perspecta (Perspecta) Net-Net Working Capital : $-19.69 (As of Dec. 2020)


View and export this data going back to 2018. Start your Free Trial

What is Perspecta 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.

Perspecta's Net-Net Working Capital for the quarter that ended in Dec. 2020 was $-19.69.

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

PRSP's Price-to-Net-Net-Working-Capital is not ranked *
in the Software industry.
Industry Median: 7.39
* Ranked among companies with meaningful Price-to-Net-Net-Working-Capital only.

Perspecta Net-Net Working Capital Historical Data

The historical data trend for Perspecta'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.

Perspecta Net-Net Working Capital Chart

Perspecta Annual Data
Trend Oct15 Oct16 Mar18 Mar19 Mar20
Net-Net Working Capital
-5.22 -5.12 -5.96 -22.66 -23.48

Perspecta Quarterly Data
Oct15 Oct16 Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20
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 -21.78 -23.48 -21.37 -20.71 -19.69

Competitive Comparison of Perspecta's Net-Net Working Capital

For the Information Technology Services subindustry, Perspecta'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.


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

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

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



Perspecta Net-Net Working Capital Calculation

Perspecta's Net-Net Working Capital (NNWC) per share for the fiscal year that ended in Mar. 2020 is calculated as

Net-Net Working Capital(A: Mar. 2020 )
=(Cash, Cash Equivalents, Marketable Securities+0.75 * Accounts Receivable+0.5 * Total Inventories-Total Liabilities
-Preferred Stock-Minority Interest)/Shares Outstanding (EOP)
=(147+0.75 * 173+0.5 * 0-4048
-0-0)/160.583
=-23.48

Perspecta's Net-Net Working Capital (NNWC) per share for the quarter that ended in Dec. 2020 is calculated as

Net-Net Working Capital(Q: Dec. 2020 )
=(Cash, Cash Equivalents, Marketable Securities+0.75 * Accounts Receivable+0.5 * Total Inventories-Total Liabilities
-Preferred Stock-Minority Interest)/Shares Outstanding (EOP)
=(224+0.75 * 532+0.5 * 0-3794
-0-0)/161.039
=-19.69

* 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.


Perspecta  (NYSE:PRSP) 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.


Perspecta Net-Net Working Capital Related Terms

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


Perspecta (Perspecta) Business Description

Industry
Traded in Other Exchanges
N/A
Address
15052 Conference Center Drive, Chantilly, VA, USA, 20151
Perspecta Inc provides IT solutions. The company provides end end-to-end, technology-focused solutions, leveraging the full spectrum of its offerings and industry expertise to ensure broader access to customers, capabilities and contract vehicles.
Executives
Michael Earl Ventling director 3170 FAIRVIEW PARK DRIVE FALLS CHURCH VA 22042
John Kavanaugh officer: Chief Financial Officer 15052 CONFERENCE CENTER DRIVE CHANTILLY WA 20151
John M Curtis director, officer: Director, CEO 15052 CONFERENCE CENTER DRIVE CHANTILLY VA 20151
Heller M Tammy officer: Chief Human Resources Officer 15052 CONFERENCE CENTER DRIVE CHANTILLY VA 20151
James Lawrence Gallagher officer: General Counsel & Secretary 15052 CONFERENCE CENTER DRIVE CHANTILLY VA 2017120151
William Luebke officer: PAO & Controller 15052 CONFERENCE CENTER DRIVE CHANTILLY VA 20151
Philip O Nolan director 15052 CONFERENCE CENTER DRIVE, CHANTILLY VA 20151
Pamela O Kimmet director 11207 ORANGE HIBISCUS LANE, PALM BEACH GARDENS FL 33418
Sanju K Bansal director 1850 TOWERS CRESCENT PLAZA, MICROSTRATEGY INC, VIENNA VA 22182
Lisa S Disbrow director 50 MINUTEMAN ROAD, ANDOVER MA 01810
Glenn A Eisenberg director P O BOX 1017, CHARLOTTE NC 28201-1017
Sondra L Barbour director 6801 ROCKLEDGE DRIVE, BETHESDA MD 20817
Betty J. Sapp director C/O BALL CORPORATION, 10 LONGS PEAK DRIVE, BROOMFIELD CO 80021-2510
John M Lawrie director DXC TECHNOLOGY COMPANY, 1775 TYSONS BOULEVARD, TYSONS VA 22102
Biggs C Porter director TXU CORP.,, 1601 BRYAN STREET, DALLAS TX 75201

Perspecta (Perspecta) Headlines

From GuruFocus

SHAREHOLDER ALERT: WeissLaw LLP Investigates Perspecta Inc.

By PRNewswire PRNewswire 01-28-2021

Veritas Capital Completes Acquisition of Perspecta

By Business Wire Business Wire 05-06-2021