GURUFOCUS.COM » STOCK LIST » Healthcare » Healthcare Providers & Services » Neighbourly Pharmacy Inc (OTCPK:NBLYF) » Definitions » Net-Net Working Capital

Neighbourly Pharmacy (Neighbourly Pharmacy) Net-Net Working Capital : $-7.16 (As of Dec. 2023)


View and export this data going back to 2023. Start your Free Trial

What is Neighbourly Pharmacy 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.

Neighbourly Pharmacy's Net-Net Working Capital for the quarter that ended in Dec. 2023 was $-7.16.

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

NBLYF's Price-to-Net-Net-Working-Capital is not ranked *
in the Healthcare Providers & Services industry.
Industry Median: 7.275
* Ranked among companies with meaningful Price-to-Net-Net-Working-Capital only.

Neighbourly Pharmacy Net-Net Working Capital Historical Data

The historical data trend for Neighbourly Pharmacy'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.

Neighbourly Pharmacy Net-Net Working Capital Chart

Neighbourly Pharmacy Annual Data
Trend Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
Net-Net Working Capital
Get a 7-Day Free Trial -5.83 -7.75 -12.60 -3.24 -6.44

Neighbourly Pharmacy Quarterly Data
Mar18 Mar19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 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 Premium Member Only Premium Member Only Premium Member Only -6.80 -6.44 -6.55 -7.10 -7.16

Competitive Comparison of Neighbourly Pharmacy's Net-Net Working Capital

For the Pharmaceutical Retailers subindustry, Neighbourly Pharmacy'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.


Neighbourly Pharmacy's Price-to-Net-Net-Working-Capital Distribution in the Healthcare Providers & Services Industry

For the Healthcare Providers & Services industry and Healthcare sector, Neighbourly Pharmacy's Price-to-Net-Net-Working-Capital distribution charts can be found below:

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



Neighbourly Pharmacy Net-Net Working Capital Calculation

Neighbourly Pharmacy's Net-Net Working Capital (NNWC) per share for the fiscal year that ended in Mar. 2023 is calculated as

Net-Net Working Capital(A: Mar. 2023 )
=(Cash, Cash Equivalents, Marketable Securities+0.75 * Accounts Receivable+0.5 * Total Inventories-Total Liabilities
-Preferred Stock-Minority Interest)/Shares Outstanding (EOP)
=(16.728+0.75 * 27.944+0.5 * 68.901-355.56
-0-3.708)/44.6073
=-6.44

Neighbourly Pharmacy'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)
=(13.035+0.75 * 28.681+0.5 * 72.266-388.964
-0-3.008)/44.868
=-7.16

* 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.


Neighbourly Pharmacy  (OTCPK:NBLYF) 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.


Neighbourly Pharmacy Net-Net Working Capital Related Terms

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


Neighbourly Pharmacy (Neighbourly Pharmacy) Business Description

Comparable Companies
Traded in Other Exchanges
Address
190 Attwell Drive, Unit 400, Toronto, ON, CAN, M9W 6H8
Neighbourly Pharmacy Inc is a network of community pharmacies. Its pharmacies act as the centre of care within their communities, representing an indispensable source of both healthcare delivery and trusted advice for their patients.

Neighbourly Pharmacy (Neighbourly Pharmacy) Headlines

From GuruFocus