GURUFOCUS.COM » STOCK LIST » Industrials » Business Services » TDCX Inc (NYSE:TDCX) » Definitions » Net-Net Working Capital

TDCX (TDCX) Net-Net Working Capital

: $2.27 (As of Sep. 2023)
View and export this data going back to 2021. 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.

TDCX's Net-Net Working Capital for the quarter that ended in Sep. 2023 was $2.27.

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

TDCX's Price-to-Net-Net-Working-Capital is ranked better than
70.92% of 392 companies
in the Business Services industry
Industry Median: 6.295 vs TDCX: 3.12

TDCX Net-Net Working Capital Historical Data

The historical data trend for TDCX'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.

TDCX Annual Data
Trend Dec18 Dec19 Dec20 Dec21 Dec22
Net-Net Working Capital
- -0.11 -0.19 1.50 1.92

TDCX Quarterly Data
Dec18 Dec19 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23
Net-Net Working Capital 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 1.78 1.92 2.02 2.19 2.27

Competitive Comparison

For the Specialty Business Services subindustry, TDCX'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.


TDCX Price-to-Net-Net-Working-Capital Distribution

For the Business Services industry and Industrials sector, TDCX's Price-to-Net-Net-Working-Capital distribution charts can be found below:

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



TDCX Net-Net Working Capital Calculation

TDCX's Net-Net Working Capital (NNWC) per share for the fiscal year that ended in Dec. 2022 is calculated as

Net-Net Working Capital(A: Dec. 2022 )
=(Cash, Cash Equivalents, Marketable Securities+0.75 * Accounts Receivable+0.5 * Total Inventories-Total Liabilities
-Preferred Stock-Minority Interest)/Shares Outstanding (EOP)
=(314.711+0.75 * 65.696+0.5 * 0-85.773
-0--0.013)/144.918
=1.92

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

Net-Net Working Capital(Q: Sep. 2023 )
=(Cash, Cash Equivalents, Marketable Securities+0.75 * Accounts Receivable+0.5 * Total Inventories-Total Liabilities
-Preferred Stock-Minority Interest)/Shares Outstanding (EOP)
=(360.263+0.75 * 69.99+0.5 * 0-79.891
-0-0.029)/146.61
=2.27

* 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.


TDCX  (NYSE:TDCX) 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.


TDCX Net-Net Working Capital Related Terms

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


TDCX (TDCX) Business Description

Traded in Other Exchanges
N/A
Address
750D Chai Chee Road, No.06-01/06 ESR BizPark @ Chai Chee, Singapore, SGP, 469004
TDCX Inc provides outsourced contact center services. Its business comprises three key service offerings: omnichannel CX solutions; sales and digital marketing services; and content monitoring and moderation services. It also provides other services for clients, such as providing workspace at its offices in connection with existing campaigns and providing human resource and administration services to clients.