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Saiham Cotton Mills (DHA:SAIHAMCOT) Net-Net Working Capital : BDT-12.98 (As of Mar. 2025)


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What is Saiham Cotton Mills 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.

Saiham Cotton Mills's Net-Net Working Capital for the quarter that ended in Mar. 2025 was BDT-12.98.

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

DHA:SAIHAMCOT's Price-to-Net-Net-Working-Capital is not ranked *
in the Manufacturing - Apparel & Accessories industry.
Industry Median: 5.04
* Ranked among companies with meaningful Price-to-Net-Net-Working-Capital only.

Saiham Cotton Mills Net-Net Working Capital Historical Data

The historical data trend for Saiham Cotton Mills'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.

Saiham Cotton Mills Net-Net Working Capital Chart

Saiham Cotton Mills Annual Data
Trend Apr15 Apr16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23 Jun24
Net-Net Working Capital
Get a 7-Day Free Trial Premium Member Only Premium Member Only -12.78 -17.27 -15.34 -17.36 -15.41

Saiham Cotton Mills Quarterly Data
Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25
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 -12.92 -15.41 -14.70 -13.67 -12.98

Competitive Comparison of Saiham Cotton Mills's Net-Net Working Capital

For the Textile Manufacturing subindustry, Saiham Cotton Mills'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.


Saiham Cotton Mills's Price-to-Net-Net-Working-Capital Distribution in the Manufacturing - Apparel & Accessories Industry

For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, Saiham Cotton Mills's Price-to-Net-Net-Working-Capital distribution charts can be found below:

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


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Saiham Cotton Mills Net-Net Working Capital Calculation

Saiham Cotton Mills's Net-Net Working Capital (NNWC) per share for the fiscal year that ended in Jun. 2024 is calculated as

Net-Net Working Capital(A: Jun. 2024 )
=(Cash, Cash Equivalents, Marketable Securities+0.75 * Accounts Receivable+0.5 * Total Inventories-Total Liabilities
-Preferred Stock-Minority Interest)/Shares Outstanding (EOP)
=(84.069+0.75 * 652.357+0.5 * 3910.675-4821.832
-0-0)/148.775
=-15.41

Saiham Cotton Mills's Net-Net Working Capital (NNWC) per share for the quarter that ended in Mar. 2025 is calculated as

Net-Net Working Capital(Q: Mar. 2025 )
=(Cash, Cash Equivalents, Marketable Securities+0.75 * Accounts Receivable+0.5 * Total Inventories-Total Liabilities
-Preferred Stock-Minority Interest)/Shares Outstanding (EOP)
=(210.167+0.75 * 868.463+0.5 * 3370.686-4478.333
-0-0)/148.775
=-12.98

* 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.


Saiham Cotton Mills  (DHA:SAIHAMCOT) 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.


Saiham Cotton Mills Net-Net Working Capital Related Terms

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Saiham Cotton Mills Business Description

Traded in Other Exchanges
N/A
Address
House No. 34, Road No. 136, Gulshan-1, Saiham Tower, Block No. SE (C)-1, 11th Floor, Dhaka, BGD, 1212
Saiham Cotton Mills Ltd operates an industrial spinning plant with Bangladesh's modern cotton mills for export-oriented industries. The Company manufactures auto-coned electronically cleared cotton carded and combed grey yarn. Its products are Cotton Combed Yarn, Cotton Carded Yarn, Blended PC & CVC Yarn, Modal, and Others.

Saiham Cotton Mills Headlines

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