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Payoneer Global (Payoneer Global) Net-Net Working Capital : $-16.77 (As of Dec. 2023)


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What is Payoneer Global 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.

Payoneer Global's Net-Net Working Capital for the quarter that ended in Dec. 2023 was $-16.77.

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

PAYO's Price-to-Net-Net-Working-Capital is not ranked *
in the Software industry.
Industry Median: 7.27
* Ranked among companies with meaningful Price-to-Net-Net-Working-Capital only.

Payoneer Global Net-Net Working Capital Historical Data

The historical data trend for Payoneer Global'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.

Payoneer Global Net-Net Working Capital Chart

Payoneer Global Annual Data
Trend Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Net-Net Working Capital
Get a 7-Day Free Trial -5.44 -10.43 -12.09 -15.58 -16.77

Payoneer Global Quarterly Data
Dec18 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 -15.58 -14.22 -14.28 -13.88 -16.77

Competitive Comparison of Payoneer Global's Net-Net Working Capital

For the Software - Infrastructure subindustry, Payoneer Global'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.


Payoneer Global's Price-to-Net-Net-Working-Capital Distribution in the Software Industry

For the Software industry and Technology sector, Payoneer Global's Price-to-Net-Net-Working-Capital distribution charts can be found below:

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



Payoneer Global Net-Net Working Capital Calculation

Payoneer Global's Net-Net Working Capital (NNWC) per share for the fiscal year that ended in Dec. 2023 is calculated as

Net-Net Working Capital(A: Dec. 2023 )
=(Cash, Cash Equivalents, Marketable Securities+0.75 * Accounts Receivable+0.5 * Total Inventories-Total Liabilities
-Preferred Stock-Minority Interest)/Shares Outstanding (EOP)
=(617.022+0.75 * 7.98+0.5 * 0-6618.846
-0-0)/357.59
=-16.77

Payoneer Global'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)
=(617.022+0.75 * 7.98+0.5 * 0-6618.846
-0-0)/357.59
=-16.77

* 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.


Payoneer Global  (NAS:PAYO) 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.


Payoneer Global Net-Net Working Capital Related Terms

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Payoneer Global (Payoneer Global) Business Description

Traded in Other Exchanges
N/A
Address
150 W 30th Street, New York, NY, USA, 10001
Payoneer Global Inc is the world's go-to partner for digital commerce, everywhere. The company started as a cross-border payments platform that empowers businesses, online sellers, and freelancers. The platform allows users to get paid in multiple currencies, bill global clients, and sell on marketplaces worldwide.
Executives
Arnon Kraft officer: Chief Operating Officer 150 W 30TH ST., NEW YORK NY 10001
Scott H. Galit director, officer: Chief Executive Officer C/O FTAC OLYMPUS ACQUISITION CORP., 2929 ARCH STREET, SUITE 1703, PHILADELPHIA PA 19104
Tsafi Goldman officer: CL&RO C/O FTAC OLYMPUS ACQUISITION CORP., 2929 ARCH STREET, SUITE 1703, PHILADELPHIA PA 19104
Avi Zeevi director C/O FTAC OLYMPUS ACQUISITION CORP., 2929 ARCH STREET, SUITE 1703, PHILADELPHIA PA 19104
Susanna Morgan director 1111 THIRD AVENUE, ST. 2100, C/O REMITLY GLOBAL, INC., SEATTLE WA 98101
Itai Perry officer: SVP Finance C/O CROWDSTRIKE HOLDINGS, INC., 206 E. 9TH STREET, AUSTIN TX 78701
Caro Del Castillo Sharda director C/O AFFIRM HOLDINGS, INC., 650 CALIFORNIA STREET, SAN FRANCISCO CA 94108
Beatrice Ordonez officer: Chief Financial Officer TWO BLUE HILL PLAZA - SECOND FLOOR, PEARL RIVER NY 10965
Michael G Levine officer: Chief Financial Officer C/O FTAC OLYMPUS ACQUISITION CORP., 2929 ARCH STREET, SUITE 1703, PHILADELPHIA PA 19104
Robert Kl Clarkson officer: Chief Revenue Officer 150 W 30TH ST., NEW YORK NY 10001
Assaf Ronen officer: Chief Platform Officer 234 1ST ST, SAN FRANCISCO CA 94105
John C. Morris director C/O VISA INC., P.O. BOX 8999, SAN FRANCISCO CA 94128-8999
John Caplan director, officer: Co-Chief Executive Officer C/O PAYONEER GLOBAL INC. 150 W. 30TH ST, NEW YORK NY 10001
Gilad Gruber officer: Chief Technology Officer 150 W. 30TH STREET, NEW YORK NY 10001
Pamela H Patsley director 53 SOUTH AVENUE, BULINGTON MA 01803