GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Furnishings, Fixtures & Appliances » Whirlpool of India Ltd (NSE:WHIRLPOOL) » Definitions » Net-Net Working Capital

Whirlpool of India (NSE:WHIRLPOOL) Net-Net Working Capital : ₹55.23 (As of Mar. 2024)


View and export this data going back to 2010. Start your Free Trial

What is Whirlpool of 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.

Whirlpool of India's Net-Net Working Capital for the quarter that ended in Mar. 2024 was ₹55.23.

The industry rank for Whirlpool of India's Net-Net Working Capital or its related term are showing as below:

NSE:WHIRLPOOL's Price-to-Net-Net-Working-Capital is ranked worse than
87.95% of 166 companies
in the Furnishings, Fixtures & Appliances industry
Industry Median: 5.86 vs NSE:WHIRLPOOL: 29.29

Whirlpool of India Net-Net Working Capital Historical Data

The historical data trend for Whirlpool of 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.

Whirlpool of India Net-Net Working Capital Chart

Whirlpool of 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 52.06 64.32 21.97 26.26 55.23

Whirlpool of India Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 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 26.26 - 49.35 - 55.23

Competitive Comparison of Whirlpool of India's Net-Net Working Capital

For the Furnishings, Fixtures & Appliances subindustry, Whirlpool of 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.


Whirlpool of India's Price-to-Net-Net-Working-Capital Distribution in the Furnishings, Fixtures & Appliances Industry

For the Furnishings, Fixtures & Appliances industry and Consumer Cyclical sector, Whirlpool of India's Price-to-Net-Net-Working-Capital distribution charts can be found below:

* The bar in red indicates where Whirlpool of India's Price-to-Net-Net-Working-Capital falls into.



Whirlpool of India Net-Net Working Capital Calculation

Whirlpool of 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)
=(22737.1+0.75 * 3396.5+0.5 * 12470.5-22963.8
-0-1548.8)/126.872
=55.23

Whirlpool of 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)
=(22737.1+0.75 * 3396.5+0.5 * 12470.5-22963.8
-0-1548.8)/126.872
=55.23

* 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.


Whirlpool of India  (NSE:WHIRLPOOL) 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.


Whirlpool of India Net-Net Working Capital Related Terms

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


Whirlpool of India (NSE:WHIRLPOOL) Business Description

Traded in Other Exchanges
Address
Plot No. 40, Sector-44, Whirlpool House, Gurugram, HR, IND, 122 002
Whirlpool of India Ltd is an India-based company that is principally engaged in producing and selling major home appliances. Its products consist of refrigerators, washing machines, air conditioners, water purifiers, microwave ovens, small domestic appliances, built-in appliances, and others. The Company's operations predominantly comprise of only one segment i.e. Home Appliances. The company also offers services to customers. The company generates the majority of total revenue from the Indian domestic market, with the rest from overseas markets. The company is headquartered in Gurgaon.

Whirlpool of India (NSE:WHIRLPOOL) Headlines

No Headlines