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Dexon Technology PCL (BKK:DEXON) Net-Net Working Capital : ฿0.33 (As of Sep. 2023)


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What is Dexon Technology PCL 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.

Dexon Technology PCL's Net-Net Working Capital for the quarter that ended in Sep. 2023 was ฿0.33.

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

BKK:DEXON's Price-to-Net-Net-Working-Capital is ranked worse than
54.97% of 191 companies
in the Oil & Gas industry
Industry Median: 5.34 vs BKK:DEXON: 6.24

Dexon Technology PCL Net-Net Working Capital Historical Data

The historical data trend for Dexon Technology PCL'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.

Dexon Technology PCL Net-Net Working Capital Chart

Dexon Technology PCL Annual Data
Trend Dec21 Dec22
Net-Net Working Capital
-0.49 -0.43

Dexon Technology PCL Quarterly Data
Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23
Net-Net Working Capital Get a 7-Day Free Trial - -0.43 0.64 0.54 0.33

Competitive Comparison of Dexon Technology PCL's Net-Net Working Capital

For the Oil & Gas Equipment & Services subindustry, Dexon Technology PCL'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.


Dexon Technology PCL's Price-to-Net-Net-Working-Capital Distribution in the Oil & Gas Industry

For the Oil & Gas industry and Energy sector, Dexon Technology PCL's Price-to-Net-Net-Working-Capital distribution charts can be found below:

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



Dexon Technology PCL Net-Net Working Capital Calculation

Dexon Technology PCL'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)
=(26.122+0.75 * 158.994+0.5 * 39.071-369.958
-0-0)/476.5
=-0.43

Dexon Technology PCL'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)
=(251.651+0.75 * 67.99+0.5 * 61.038-176.176
-0-0)/476.5
=0.33

* 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.


Dexon Technology PCL  (BKK:DEXON) 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.


Dexon Technology PCL Net-Net Working Capital Related Terms

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Dexon Technology PCL (BKK:DEXON) Business Description

Traded in Other Exchanges
N/A
Address
78/4-5 Moo 6, Sukhumvit Road, Ban Chang, Rayong, THA, 21130
Dexon Technology PCL is engaged in providing non-destructive inspection services, inspection training across the board of inspection standards and distributor of tools, spare parts and equipment used for the inspection of goods quality. The company's operating segments include Research and development innovation segment, Advanve In-line inspection technology segment, Advance non-destructive testing technology segment, Asset integrity management service segment, and Conventional non-destructive inspection segment.

Dexon Technology PCL (BKK:DEXON) Headlines

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