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Cordel Group (LSE:CRDL) Net-Net Working Capital : £0.00 (As of Dec. 2023)


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What is Cordel Group 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.

Cordel Group's Net-Net Working Capital for the quarter that ended in Dec. 2023 was £0.00.

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

LSE:CRDL's Price-to-Net-Net-Working-Capital is ranked better than
66.45% of 1222 companies
in the Software industry
Industry Median: 7.365 vs LSE:CRDL: 4.50

Cordel Group Net-Net Working Capital Historical Data

The historical data trend for Cordel Group'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.

Cordel Group Net-Net Working Capital Chart

Cordel Group Annual Data
Trend Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23
Net-Net Working Capital
Get a 7-Day Free Trial Premium Member Only 0.03 0.01 0.01 - 0.01

Cordel Group Semi-Annual Data
Jun15 Jun16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
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 - - - 0.01 -

Competitive Comparison of Cordel Group's Net-Net Working Capital

For the Software - Application subindustry, Cordel Group'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.


Cordel Group's Price-to-Net-Net-Working-Capital Distribution in the Software Industry

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

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



Cordel Group Net-Net Working Capital Calculation

Cordel Group's Net-Net Working Capital (NNWC) per share for the fiscal year that ended in Jun. 2023 is calculated as

Net-Net Working Capital(A: Jun. 2023 )
=(Cash, Cash Equivalents, Marketable Securities+0.75 * Accounts Receivable+0.5 * Total Inventories-Total Liabilities
-Preferred Stock-Minority Interest)/Shares Outstanding (EOP)
=(1.283+0.75 * 1.39+0.5 * 0.144-1.024
-0-0)/199.489
=0.01

Cordel Group's Net-Net Working Capital (NNWC) per share for the quarter that ended in Dec. 2023 is calculated as

Net-Net Working Capital(Q: Dec. 2023 )
=(Cash, Cash Equivalents, Marketable Securities+0.75 * Accounts Receivable+0.5 * Total Inventories-Total Liabilities
-Preferred Stock-Minority Interest)/Shares Outstanding (EOP)
=(1.192+0.75 * 1.178+0.5 * 0.158-1.277
-0-0)/199.489
=0.00

* 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.


Cordel Group  (LSE:CRDL) 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.


Cordel Group Net-Net Working Capital Related Terms

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Cordel Group (LSE:CRDL) Business Description

Traded in Other Exchanges
N/A
Address
2/2 Frost Drive, Mayfield West, Mayfield, NSW, AUS, 2300
Cordel Group PLC offers a cloud-based platform for master data management and business analytics, together with specialist hardware and software for capturing, analyzing, and reporting on large datasets within the transport sector, employing sophisticated artificial intelligence algorithms. The company operates in one segment being provision of data integration and analytic services. It has operations in Australia, the United States, the United Kingdom, Canada, and Asia. Geographically, majority revenue is generated from the United Kingdom.

Cordel Group (LSE:CRDL) Headlines

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