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Jiwanram Sheoduttrai Industries (NSE:JIWANRAM) Net-Net Working Capital : ₹-5.97 (As of Mar. 2024)


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What is Jiwanram Sheoduttrai Industries 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.

Jiwanram Sheoduttrai Industries's Net-Net Working Capital for the quarter that ended in Mar. 2024 was ₹-5.97.

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

NSE:JIWANRAM's Price-to-Net-Net-Working-Capital is not ranked *
in the Manufacturing - Apparel & Accessories industry.
Industry Median: 5.17
* Ranked among companies with meaningful Price-to-Net-Net-Working-Capital only.

Jiwanram Sheoduttrai Industries Net-Net Working Capital Historical Data

The historical data trend for Jiwanram Sheoduttrai Industries'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.

Jiwanram Sheoduttrai Industries Net-Net Working Capital Chart

Jiwanram Sheoduttrai Industries Annual Data
Trend Mar21 Mar22 Mar23 Mar24
Net-Net Working Capital
-12.84 -11.48 -10.11 -5.97

Jiwanram Sheoduttrai Industries Semi-Annual Data
Mar21 Mar22 Mar23 Mar24
Net-Net Working Capital -12.84 -11.48 -10.11 -5.97

Competitive Comparison of Jiwanram Sheoduttrai Industries's Net-Net Working Capital

For the Footwear & Accessories subindustry, Jiwanram Sheoduttrai Industries'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.


Jiwanram Sheoduttrai Industries's Price-to-Net-Net-Working-Capital Distribution in the Manufacturing - Apparel & Accessories Industry

For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, Jiwanram Sheoduttrai Industries's Price-to-Net-Net-Working-Capital distribution charts can be found below:

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


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Jiwanram Sheoduttrai Industries Net-Net Working Capital Calculation

Jiwanram Sheoduttrai Industries'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)
=(8.163+0.75 * 376.136+0.5 * 391.463-633.702
-0-0)/24.748
=-5.97

Jiwanram Sheoduttrai Industries'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)
=(8.163+0.75 * 376.136+0.5 * 391.463-633.702
-0-0)/24.748
=-5.97

* 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.


Jiwanram Sheoduttrai Industries  (NSE:JIWANRAM) 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.


Jiwanram Sheoduttrai Industries Net-Net Working Capital Related Terms

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Jiwanram Sheoduttrai Industries Business Description

Traded in Other Exchanges
N/A
Address
Shilpangan, LB 1, Module 301 & 302, Phase -1, Sector III, Kolkata, WB, IND, 700098
Jiwanram Sheoduttrai Industries Ltd is engaged in the manufacturing and export of Industrial Safety Gloves and Garments which provides customized solutions in the field of Industrial Safety. Its Products are well-accepted for their quality which covers all its manufacturing range of Gloves, Industrial Garments and other protective PPEs and solution baskets for Industrial Safety. It is majorly engaged in the business of manufacturing and exporting for various brands.

Jiwanram Sheoduttrai Industries Headlines

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