GURUFOCUS.COM » STOCK LIST » Financial Services » Capital Markets » Delphi World Money Ltd (BOM:533452) » Definitions » Net-Net Working Capital

Delphi World Money (BOM:533452) Net-Net Working Capital : ₹28.66 (As of Sep. 2023)


View and export this data going back to 2011. Start your Free Trial

What is Delphi World Money 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.

Delphi World Money's Net-Net Working Capital for the quarter that ended in Sep. 2023 was ₹28.66.

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

BOM:533452's Price-to-Net-Net-Working-Capital is ranked worse than
55.16% of 281 companies
in the Capital Markets industry
Industry Median: 6.64 vs BOM:533452: 7.30

Delphi World Money Net-Net Working Capital Historical Data

The historical data trend for Delphi World Money'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.

Delphi World Money Net-Net Working Capital Chart

Delphi World Money Annual Data
Trend Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
Net-Net Working Capital
Get a 7-Day Free Trial Premium Member Only Premium Member Only -58.53 -76.57 -17.50 -26.07 -27.07

Delphi World Money Quarterly Data
Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23
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 41.47 - -27.07 - 28.66

Competitive Comparison of Delphi World Money's Net-Net Working Capital

For the Capital Markets subindustry, Delphi World Money'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.


Delphi World Money's Price-to-Net-Net-Working-Capital Distribution in the Capital Markets Industry

For the Capital Markets industry and Financial Services sector, Delphi World Money's Price-to-Net-Net-Working-Capital distribution charts can be found below:

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



Delphi World Money Net-Net Working Capital Calculation

Delphi World Money's Net-Net Working Capital (NNWC) per share for the fiscal year that ended in Mar. 2023 is calculated as

Net-Net Working Capital(A: Mar. 2023 )
=(Cash, Cash Equivalents, Marketable Securities+0.75 * Accounts Receivable+0.5 * Total Inventories-Total Liabilities
-Preferred Stock-Minority Interest)/Shares Outstanding (EOP)
=(334.12+0.75 * 462.08+0.5 * 29.42-996.64
-0-0)/11.1279
=-27.07

Delphi World Money'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)
=(1052.71+0.75 * 554.76+0.5 * 43.15-1171.39
-0-0)/11.1279
=28.66

* 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.


Delphi World Money  (BOM:533452) 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.


Delphi World Money Net-Net Working Capital Related Terms

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


Delphi World Money (BOM:533452) Business Description

Traded in Other Exchanges
Address
CST Road, Vidya Nagri Marg, 8th Floor, Manek Plaza, Kalina, Santacruz (East), Mumbai, MH, IND, 400098
Delphi World Money Ltd offers retail foreign exchange services. It provides Sell forex, foreign currencies, traveler's cheques, Forex for students, Outward and Inward Remittances, Prepaid Cards, Cash to Master, and Miscellaneous Remittances. It generates revenue from Money Transfer Services and Foreign Currency Services.

Delphi World Money (BOM:533452) Headlines

No Headlines