GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Manufacturing - Apparel & Accessories » Blue Chip Tex Industries Ltd (BOM:506981) » Definitions » Net-Net Working Capital

Blue Chip Tex Industries (BOM:506981) Net-Net Working Capital : ₹-7.73 (As of Mar. 2024)


View and export this data going back to 2001. Start your Free Trial

What is Blue Chip Tex Industries 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.

Blue Chip Tex Industries's Net-Net Working Capital for the quarter that ended in Mar. 2024 was ₹-7.73.

The industry rank for Blue Chip Tex Industries's Net-Net Working Capital or its related term are showing as below:

BOM:506981's Price-to-Net-Net-Working-Capital is not ranked *
in the Manufacturing - Apparel & Accessories industry.
Industry Median: 5.62
* Ranked among companies with meaningful Price-to-Net-Net-Working-Capital only.

Blue Chip Tex Industries Net-Net Working Capital Historical Data

The historical data trend for Blue Chip Tex Industries'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.

Blue Chip Tex Industries Net-Net Working Capital Chart

Blue Chip Tex Industries Annual Data
Trend Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
Net-Net Working Capital
Get a 7-Day Free Trial Premium Member Only Premium Member Only -75.14 -60.62 -28.54 -15.55 -7.73

Blue Chip Tex Industries Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 -15.55 - -8.50 - -7.73

Competitive Comparison of Blue Chip Tex Industries's Net-Net Working Capital

For the Textile Manufacturing subindustry, Blue Chip Tex Industries'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.


Blue Chip Tex Industries's Price-to-Net-Net-Working-Capital Distribution in the Manufacturing - Apparel & Accessories Industry

For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, Blue Chip Tex Industries's Price-to-Net-Net-Working-Capital distribution charts can be found below:

* The bar in red indicates where Blue Chip Tex Industries's Price-to-Net-Net-Working-Capital falls into.



Blue Chip Tex Industries Net-Net Working Capital Calculation

Blue Chip Tex Industries's Net-Net Working Capital (NNWC) per share for the fiscal year that ended in Mar. 2024 is calculated as

Net-Net Working Capital(A: Mar. 2024 )
=(Cash, Cash Equivalents, Marketable Securities+0.75 * Accounts Receivable+0.5 * Total Inventories-Total Liabilities
-Preferred Stock-Minority Interest)/Shares Outstanding (EOP)
=(4.664+0.75 * 66.947+0.5 * 137.211-138.704
-0-0)/1.9705
=-7.73

Blue Chip Tex Industries's Net-Net Working Capital (NNWC) per share for the quarter that ended in Mar. 2024 is calculated as

Net-Net Working Capital(Q: Mar. 2024 )
=(Cash, Cash Equivalents, Marketable Securities+0.75 * Accounts Receivable+0.5 * Total Inventories-Total Liabilities
-Preferred Stock-Minority Interest)/Shares Outstanding (EOP)
=(4.664+0.75 * 66.947+0.5 * 137.211-138.704
-0-0)/1.9705
=-7.73

* 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.


Blue Chip Tex Industries  (BOM:506981) 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.


Blue Chip Tex Industries Net-Net Working Capital Related Terms

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


Blue Chip Tex Industries (BOM:506981) Business Description

Traded in Other Exchanges
N/A
Address
Jamnalal Bajaj Road, Office no. 15,16 and 17, Maker Chambers-III, 1st Floor, Nariman Point, Mumbai, MH, IND, 400021
Blue Chip Tex Industries Ltd is an India based company engaged in the business of Polyester Texturised. It is a manufacturer of synthetic or artificial filament yarn, tenacity yarn including high tenacity yarn. The company's main business segment is manufacturing of polyester texturised yarn and sale in the domestic market.

Blue Chip Tex Industries (BOM:506981) Headlines

No Headlines