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Inphi (IPHI) Net-Net Working Capital : $-6.53 (As of Dec. 2020)


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What is Inphi 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.

Inphi's Net-Net Working Capital for the quarter that ended in Dec. 2020 was $-6.53.

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

IPHI's Price-to-Net-Net-Working-Capital is not ranked *
in the Semiconductors industry.
Industry Median: 8.285
* Ranked among companies with meaningful Price-to-Net-Net-Working-Capital only.

Inphi Net-Net Working Capital Historical Data

The historical data trend for Inphi'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.

Inphi Net-Net Working Capital Chart

Inphi Annual Data
Trend Dec11 Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20
Net-Net Working Capital
Get a 7-Day Free Trial Premium Member Only Premium Member Only -1.94 -0.80 -1.20 -2.91 -6.53

Inphi Quarterly Data
Mar16 Jun16 Sep16 Dec16 Mar17 Jun17 Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20
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 -2.91 -7.39 -7.14 -6.71 -6.53

Competitive Comparison of Inphi's Net-Net Working Capital

For the Semiconductors subindustry, Inphi'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.


Inphi's Price-to-Net-Net-Working-Capital Distribution in the Semiconductors Industry

For the Semiconductors industry and Technology sector, Inphi's Price-to-Net-Net-Working-Capital distribution charts can be found below:

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



Inphi Net-Net Working Capital Calculation

Inphi's Net-Net Working Capital (NNWC) per share for the fiscal year that ended in Dec. 2020 is calculated as

Net-Net Working Capital(A: Dec. 2020 )
=(Cash, Cash Equivalents, Marketable Securities+0.75 * Accounts Receivable+0.5 * Total Inventories-Total Liabilities
-Preferred Stock-Minority Interest)/Shares Outstanding (EOP)
=(166.918+0.75 * 111.436+0.5 * 111.403-654.526
-0-0)/53.3819
=-6.53

Inphi's Net-Net Working Capital (NNWC) per share for the quarter that ended in Dec. 2020 is calculated as

Net-Net Working Capital(Q: Dec. 2020 )
=(Cash, Cash Equivalents, Marketable Securities+0.75 * Accounts Receivable+0.5 * Total Inventories-Total Liabilities
-Preferred Stock-Minority Interest)/Shares Outstanding (EOP)
=(166.918+0.75 * 111.436+0.5 * 111.403-654.526
-0-0)/53.3819
=-6.53

* 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.


Inphi  (NAS:IPHI) 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.


Inphi Net-Net Working Capital Related Terms

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


Inphi (IPHI) Business Description

Traded in Other Exchanges
N/A
Address
110 Rio Robles, Santa Clara, CA, USA, 95134
Inphi Corp. is a provider of high-speed analog and mixed signal semiconductor solutions for the communications, data center, and computing markets. The company's semiconductor solutions are designed to address bandwidth bottlenecks in networks, maximize throughput, and minimize latency in computing environments. For peak performance, Inphi works with system vendors to develop proprietary component, channel, and system simulation models. These models are used to predict system performance prior to fabricating the semiconductor.
Executives
Ron Torten officer: Sr. VP Operations & IT 2953 BUNKER HILL LANE SUITE 300 SANTA CLARA CA 95054
Ford Tamer director, officer: President & CEO 3945 FREEDOM CIRCLE SUITE 1100, SANTA CLARA CA 95054
Richard Ogawa officer: General Counsel 2953 BUNKER HILL LANE, SUITE 300, SANTA CLARA CA 95054
John Edmunds officer: Chief Financial Officer 3408 GARRETT DRIVE SANTA CLARA CA 95054-2803
Charles Roach officer: Sr. V.P. of Worldwide Sales 2953 BUNKER HILL LANE SUITE 300 SANTA CLARA CA 95054
Sam Srinivasan director C/O AQUANTIA CORP, 105 TASMAN DRIVE SAN JOSE CA 95134
Bruce M Mcwilliams director 2032 BLARRITZ PL SAN JOSE CA 95138
William J Ruehle director 16215 ALTON PARKWAY PO BOX 57013 IRVINE CA 92619-7013
David E Liddle director C/O THE NEW YORK TIMES CO, 229 WEST 43RD ST, NEW YORK NY 10036
Nicholas Brathwaite director C/O POWER INTEGRATIONS, 5245 HELLYER AVE, SAN JOSE CA 95138
Diosdado P Banatao director C/O TALLWOOD VENTURE CAPITAL 635 WAVERLY STREET PALO ALTO CA 94301
Elissa E. Murphy director C/O WILSON SONSINI GOODRICH & ROSATI, 650 PAGE MILL ROAD, PALO ALTO CA 94304
Chenming Hu director 2060 PEBBLE DRIVE, ALAMO CA 94507
Norman Yeung officer: Sr. V. P., Engineering 3945 FREEDOM CIRCLE SUITE 1100 SANTA CLARA CA 95054
David J Ladd director 2800 SANDHILL ROAD SUITE 250 MENIO PARK CA 94025

Inphi (IPHI) Headlines

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