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PRPL (Purple Innovation) Net-Net Working Capital : $-2.07 (As of Mar. 2025)


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What is Purple Innovation 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.

Purple Innovation's Net-Net Working Capital for the quarter that ended in Mar. 2025 was $-2.07.

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

PRPL's Price-to-Net-Net-Working-Capital is not ranked *
in the Furnishings, Fixtures & Appliances industry.
Industry Median: 5.89
* Ranked among companies with meaningful Price-to-Net-Net-Working-Capital only.

Purple Innovation Net-Net Working Capital Historical Data

The historical data trend for Purple Innovation'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.

Purple Innovation Net-Net Working Capital Chart

Purple Innovation Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Net-Net Working Capital
Get a 7-Day Free Trial Premium Member Only Premium Member Only -4.85 -5.06 -1.71 -1.77 -1.91

Purple Innovation Quarterly Data
Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25
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 -2.10 -1.99 -1.91 -1.91 -2.07

Competitive Comparison of Purple Innovation's Net-Net Working Capital

For the Furnishings, Fixtures & Appliances subindustry, Purple Innovation'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.


Purple Innovation's Price-to-Net-Net-Working-Capital Distribution in the Furnishings, Fixtures & Appliances Industry

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

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


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Purple Innovation Net-Net Working Capital Calculation

Purple Innovation's Net-Net Working Capital (NNWC) per share for the fiscal year that ended in Dec. 2024 is calculated as

Net-Net Working Capital(A: Dec. 2024 )
=(Cash, Cash Equivalents, Marketable Securities+0.75 * Accounts Receivable+0.5 * Total Inventories-Total Liabilities
-Preferred Stock-Minority Interest)/Shares Outstanding (EOP)
=(29.011+0.75 * 33.057+0.5 * 56.863-287.636
-0-0.011)/107.545
=-1.91

Purple Innovation's Net-Net Working Capital (NNWC) per share for the quarter that ended in Mar. 2025 is calculated as

Net-Net Working Capital(Q: Mar. 2025 )
=(Cash, Cash Equivalents, Marketable Securities+0.75 * Accounts Receivable+0.5 * Total Inventories-Total Liabilities
-Preferred Stock-Minority Interest)/Shares Outstanding (EOP)
=(21.627+0.75 * 24.388+0.5 * 60.177-292.442
-0--0.01)/107.596
=-2.07

* 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.


Purple Innovation  (NAS:PRPL) 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.


Purple Innovation Net-Net Working Capital Related Terms

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Purple Innovation Business Description

Traded in Other Exchanges
N/A
Address
4100 North Chapel Ridge Road, Suite 200, Lehi, UT, USA, 84043
Purple Innovation Inc is a comfort innovation company. The company designs, manufactures and sells a range of comfort technology offerings, including mattresses, a pillow, cushions, sheets, bed platforms and other products. The Company has one reportable segment that operates an omni-channel distribution which allows the Company to offer a seamless shopping experience to its customers across multiple sales channels. It sells its products through its direct-to-consumer e-commerce channels, retail brick-and-mortar wholesale partners, Purple showrooms, and third-party online retailers.
Executives
Robert Demartini director, officer: Acting CEO 102 WHITE PINE CANYON ROAD, PARK CITY UT 84060
George Turner Ulrich officer: Principal Accounting Officer 3838 EVERGREEN DR, OGDEN UT 84414
Jack Roddy officer: Chief People Officer C/O SEAWORLD ENTERTAINMENT, INC., 9205 SOUTH PARK CENTER LOOP, SUITE 400, ORLANDO FL 32819
Tricia Mcdermott officer: Chief Legal Officer C/O PURPLE INNOVATION, INC., 4100 NORTH CHAPEL RIDGE RD., SUITE 200, LEHI UT 84043
Todd E. Vogensen officer: Chief Financial Officer 11215 METRO PARKWAY, FORT MYERS FL 33966
Gary T Dicamillo director 888 WASHINGTON STREET, DEDHAM MA 02027
Douglas Scott Peterson director 4100 N. CHAPEL RIDGE ROAD, SUITE 200, LEHI UT 84043
Casey Kale Mcgarvey officer: Chief Legal Officer and Sec. 123 EAST 200 NORTH, ALPINE UT 84004
Jeffery Scott Kerby officer: Chief of Owned Retail 4100 N. CHAPEL RIDGE RD, SUITE 200, LEHI UT 84043
Seth Lane Darling director 4100 N. CHAPEL RIDGE RD, SUITE 200, LEHI UT 84043
R Carter Pate director 5739 WORTHAM LANE, DALLAS TX 75252
Erika Serow director 4100 N. CHAPEL RIDGE ROAD, SUITE 200, LEHI UT 84043
Eric Scott Haynor officer: Chief Operating Officer 4100 N. CHAPEL RIDGE RD, SUITE 200, LEHI UT 84043
Coliseum Capital Management, Llc director, 10 percent owner 105 ROWAYTON AVENUE, ROWAYTON CT 06853
Keira Krausz officer: Chief Marketing Officer 4100 N. CHAPEL RIDGE RD, SUITE 200, LEHI UT 84043