GURUFOCUS.COM » STOCK LIST » Basic Materials » Agriculture » DAP-VINACHEM JSC (HSTC:DDV) » Definitions » Net-Net Working Capital

DAP-VINACHEM JSC (HSTC:DDV) Net-Net Working Capital : ₫5,895.18 (As of Sep. 2024)


View and export this data going back to 2015. Start your Free Trial

What is DAP-VINACHEM JSC 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.

DAP-VINACHEM JSC's Net-Net Working Capital for the quarter that ended in Sep. 2024 was ₫5,895.18.

The industry rank for DAP-VINACHEM JSC's Net-Net Working Capital or its related term are showing as below:

HSTC:DDV's Price-to-Net-Net-Working-Capital is ranked better than
66.67% of 81 companies
in the Agriculture industry
Industry Median: 8.12 vs HSTC:DDV: 4.26

DAP-VINACHEM JSC Net-Net Working Capital Historical Data

The historical data trend for DAP-VINACHEM JSC'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.

DAP-VINACHEM JSC Net-Net Working Capital Chart

DAP-VINACHEM JSC Annual Data
Trend Dec20 Dec21 Dec22 Dec23
Net-Net Working Capital
- 1,082.66 4,172.35 5,674.40

DAP-VINACHEM JSC Quarterly Data
Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
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 4,427.20 5,674.40 5,596.07 5,387.21 5,895.18

Competitive Comparison of DAP-VINACHEM JSC's Net-Net Working Capital

For the Agricultural Inputs subindustry, DAP-VINACHEM JSC'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.


DAP-VINACHEM JSC's Price-to-Net-Net-Working-Capital Distribution in the Agriculture Industry

For the Agriculture industry and Basic Materials sector, DAP-VINACHEM JSC's Price-to-Net-Net-Working-Capital distribution charts can be found below:

* The bar in red indicates where DAP-VINACHEM JSC's Price-to-Net-Net-Working-Capital falls into.


;
;

DAP-VINACHEM JSC Net-Net Working Capital Calculation

DAP-VINACHEM JSC's Net-Net Working Capital (NNWC) per share for the fiscal year that ended in Dec. 2023 is calculated as

Net-Net Working Capital(A: Dec. 2023 )
=(Cash, Cash Equivalents, Marketable Securities+0.75 * Accounts Receivable+0.5 * Total Inventories-Total Liabilities
-Preferred Stock-Minority Interest)/Shares Outstanding (EOP)
=(827894.56+0.75 * 65583.19+0.5 * 351174.853-223582.554
-0-0)/146.110
=5,674.40

DAP-VINACHEM JSC's Net-Net Working Capital (NNWC) per share for the quarter that ended in Sep. 2024 is calculated as

Net-Net Working Capital(Q: Sep. 2024 )
=(Cash, Cash Equivalents, Marketable Securities+0.75 * Accounts Receivable+0.5 * Total Inventories-Total Liabilities
-Preferred Stock-Minority Interest)/Shares Outstanding (EOP)
=(1102942.138+0.75 * 34391+0.5 * 237080.311-385930.41
-0-0)/146.110
=5,895.18

* 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.


DAP-VINACHEM JSC  (HSTC:DDV) 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.


DAP-VINACHEM JSC Net-Net Working Capital Related Terms

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


DAP-VINACHEM JSC Business Description

Traded in Other Exchanges
N/A
Address
Lot N5.8 Dinh Vu Industrial Park, Cat Hai, Dong Hai 2 Ward, Hai An District, belonging to Dinh Vu Economic Zone, Hai Phong, VNM
DAP-VINACHEM JSC is belonging to the Vietnam chemical industry. Its products include Fertilizer DAP, Sulfuric Acid, Phosphoric Acid among others.

DAP-VINACHEM JSC Headlines

No Headlines