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Arvee Laboratories (India) (NSE:ARVEE) Net-Net Working Capital : ₹5.22 (As of Mar. 2024)


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What is Arvee Laboratories (India) 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.

Arvee Laboratories (India)'s Net-Net Working Capital for the quarter that ended in Mar. 2024 was ₹5.22.

The industry rank for Arvee Laboratories (India)'s Net-Net Working Capital or its related term are showing as below:

NSE:ARVEE's Price-to-Net-Net-Working-Capital is ranked worse than
87.9% of 587 companies
in the Chemicals industry
Industry Median: 7.25 vs NSE:ARVEE: 35.25

Arvee Laboratories (India) Net-Net Working Capital Historical Data

The historical data trend for Arvee Laboratories (India)'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.

Arvee Laboratories (India) Net-Net Working Capital Chart

Arvee Laboratories (India) Annual Data
Trend Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
Net-Net Working Capital
Get a 7-Day Free Trial Premium Member Only Premium Member Only -2.42 -1.22 0.29 1.59 5.30

Arvee Laboratories (India) Quarterly Data
Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 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 1.59 - 6.50 - 5.22

Competitive Comparison of Arvee Laboratories (India)'s Net-Net Working Capital

For the Specialty Chemicals subindustry, Arvee Laboratories (India)'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.


Arvee Laboratories (India)'s Price-to-Net-Net-Working-Capital Distribution in the Chemicals Industry

For the Chemicals industry and Basic Materials sector, Arvee Laboratories (India)'s Price-to-Net-Net-Working-Capital distribution charts can be found below:

* The bar in red indicates where Arvee Laboratories (India)'s Price-to-Net-Net-Working-Capital falls into.



Arvee Laboratories (India) Net-Net Working Capital Calculation

Arvee Laboratories (India)'s Net-Net Working Capital (NNWC) per share for the fiscal year that ended in Mar. 2024 is calculated as

Net-Net Working Capital(A: Mar. 2024 )
=(Cash, Cash Equivalents, Marketable Securities+0.75 * Accounts Receivable+0.5 * Total Inventories-Total Liabilities
-Preferred Stock-Minority Interest)/Shares Outstanding (EOP)
=(75.401+0.75 * 61.128+0.5 * 63.953-94.488
-0-0)/11.072
=5.30

Arvee Laboratories (India)'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)
=(75.401+0.75 * 61.128+0.5 * 63.953-94.488
-0-0)/11.258
=5.22

* 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.


Arvee Laboratories (India)  (NSE:ARVEE) 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.


Arvee Laboratories (India) Net-Net Working Capital Related Terms

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Arvee Laboratories (India) (NSE:ARVEE) Business Description

Traded in Other Exchanges
N/A
Address
403, Iskcon Bopal Road, Entice, Near Jayantilal Park BRTS, Ambli, Ahmedabad, GJ, IND, 380058
Arvee Laboratories (India) Ltd is an India based specialty chemicals company. The company products include Polymer Modifiers, such as dimethyl 5-sodiosulfoisophthalate, 5-sulfoisophthalic acid mono sodium salt, and others, Contrast Media Intermediates such as Dimethyl 5-Aminoisophthalate, 3,5-Diamino Benzoic Acid, 5-Nitroisophthalic acid and others; and Drug Intermediates like 2-Acetyl Thiophene, Thiophene-2-Carboxaldehyde and others. Geographically, the company principally operates in India.

Arvee Laboratories (India) (NSE:ARVEE) Headlines

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