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Dewhurst Group (LSE:DWHT) Net-Net Working Capital : £2.79 (As of Mar. 2024)


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What is Dewhurst 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.

Dewhurst Group's Net-Net Working Capital for the quarter that ended in Mar. 2024 was £2.79.

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

LSE:DWHT's Price-to-Net-Net-Working-Capital is ranked better than
66.62% of 1342 companies
in the Industrial Products industry
Industry Median: 7.035 vs LSE:DWHT: 4.28

Dewhurst Group Net-Net Working Capital Historical Data

The historical data trend for Dewhurst 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.

Dewhurst Group Net-Net Working Capital Chart

Dewhurst Group Annual Data
Trend Sep14 Sep15 Sep16 Sep17 Sep18 Sep19 Sep20 Sep21 Sep22 Sep23
Net-Net Working Capital
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.88 0.23 1.69 2.52 2.73

Dewhurst Group Semi-Annual Data
Sep14 Mar15 Sep15 Mar16 Sep16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23 Mar24
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 2.43 2.40 2.63 2.73 2.79

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

For the Electrical Equipment & Parts subindustry, Dewhurst 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.


Dewhurst Group's Price-to-Net-Net-Working-Capital Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Dewhurst Group's Price-to-Net-Net-Working-Capital distribution charts can be found below:

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



Dewhurst Group Net-Net Working Capital Calculation

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

Net-Net Working Capital(A: Sep. 2023 )
=(Cash, Cash Equivalents, Marketable Securities+0.75 * Accounts Receivable+0.5 * Total Inventories-Total Liabilities
-Preferred Stock-Minority Interest)/Shares Outstanding (EOP)
=(24.374+0.75 * 9.53+0.5 * 8.337-12.404
-0-1.382)/8.0214
=2.73

Dewhurst Group's Net-Net Working Capital (NNWC) per share for the quarter that ended in Mar. 2024 is calculated as

Net-Net Working Capital(Q: Mar. 2024 )
=(Cash, Cash Equivalents, Marketable Securities+0.75 * Accounts Receivable+0.5 * Total Inventories-Total Liabilities
-Preferred Stock-Minority Interest)/Shares Outstanding (EOP)
=(19.914+0.75 * 11.766+0.5 * 8.127-10.57
-0-0.652)/7.73472
=2.79

* 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.


Dewhurst Group  (LSE:DWHT) 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.


Dewhurst Group Net-Net Working Capital Related Terms

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Dewhurst Group Business Description

Traded in Other Exchanges
Address
Hampton Road West, Unit 9, Hampton Business Park, Feltham, GBR, TW13 6DB
Dewhurst Group PLC is a UK-based supplier of technological solutions to the lift, transport, and keypad market sectors. It is engaged in the manufacture of electrical components and control equipment for industrial and commercial capital goods. Geographically, it derives a majority of its revenue from Asia and Australia and also has a presence in the United Kingdom, Europe, The Americas, Asia & Australia, and Other Countries.

Dewhurst Group Headlines

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