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Flowerkist Skin Caresmetics (Flowerkist Skin Caresmetics) Net-Net Working Capital : $-0.31 (As of Sep. 2022)


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What is Flowerkist Skin Caresmetics 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.

Flowerkist Skin Caresmetics's Net-Net Working Capital for the quarter that ended in Sep. 2022 was $-0.31.

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

FKST's Price-to-Net-Net-Working-Capital is not ranked *
in the Consumer Packaged Goods industry.
Industry Median: 7.395
* Ranked among companies with meaningful Price-to-Net-Net-Working-Capital only.

Flowerkist Skin Caresmetics Net-Net Working Capital Historical Data

The historical data trend for Flowerkist Skin Caresmetics'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.

Flowerkist Skin Caresmetics Net-Net Working Capital Chart

Flowerkist Skin Caresmetics Annual Data
Trend Jul14 Jul15 Jul16 Jul17 Jul18 Jul19 Jul20 Dec21
Net-Net Working Capital
Get a 7-Day Free Trial -6.74 -6.74 -6.74 -6.78 -0.02

Flowerkist Skin Caresmetics Quarterly Data
Apr14 Jul14 Oct14 Jan15 Apr15 Jul15 Oct15 Jan16 Jul16 Jul17 Jul18 Jul19 Jul20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22
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 - -0.02 -0.19 -0.19 -0.31

Competitive Comparison of Flowerkist Skin Caresmetics's Net-Net Working Capital

For the Household & Personal Products subindustry, Flowerkist Skin Caresmetics'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.


Flowerkist Skin Caresmetics's Price-to-Net-Net-Working-Capital Distribution in the Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Flowerkist Skin Caresmetics's Price-to-Net-Net-Working-Capital distribution charts can be found below:

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



Flowerkist Skin Caresmetics Net-Net Working Capital Calculation

Flowerkist Skin Caresmetics's Net-Net Working Capital (NNWC) per share for the fiscal year that ended in Dec. 2021 is calculated as

Net-Net Working Capital(A: Dec. 2021 )
=(Cash, Cash Equivalents, Marketable Securities+0.75 * Accounts Receivable+0.5 * Total Inventories-Total Liabilities
-Preferred Stock-Minority Interest)/Shares Outstanding (EOP)
=(0+0.75 * 0+0.5 * 0-0.002
-0.001-0)/0.13021
=-0.02

Flowerkist Skin Caresmetics's Net-Net Working Capital (NNWC) per share for the quarter that ended in Sep. 2022 is calculated as

Net-Net Working Capital(Q: Sep. 2022 )
=(Cash, Cash Equivalents, Marketable Securities+0.75 * Accounts Receivable+0.5 * Total Inventories-Total Liabilities
-Preferred Stock-Minority Interest)/Shares Outstanding (EOP)
=(0+0.75 * 0+0.5 * 0-0.039
-0.001-0)/0.13021
=-0.31

* 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.


Flowerkist Skin Caresmetics  (OTCPK:FKST) 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.


Flowerkist Skin Caresmetics Net-Net Working Capital Related Terms

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Flowerkist Skin Caresmetics (Flowerkist Skin Caresmetics) Business Description

Comparable Companies
Traded in Other Exchanges
N/A
Address
1117 State Street, Santa Barbara, CA, USA, 93101
Flowerkist Skin Care & Cosmetics Inc is involved in the Development and contract manufacturing of CBD (0% THC) infused skincare and cosmetics. Marketing and selling these products through various online and targeted channels including Medical SPAs.

Flowerkist Skin Caresmetics (Flowerkist Skin Caresmetics) Headlines

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