GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » XAC Automation Corp (ROCO:5490) » Definitions » Net-Net Working Capital

XAC Automation (ROCO:5490) Net-Net Working Capital : NT$6.41 (As of Mar. 2024)


View and export this data going back to 2001. Start your Free Trial

What is XAC Automation 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.

XAC Automation's Net-Net Working Capital for the quarter that ended in Mar. 2024 was NT$6.41.

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

ROCO:5490's Price-to-Net-Net-Working-Capital is ranked better than
68.75% of 1360 companies
in the Industrial Products industry
Industry Median: 6.93 vs ROCO:5490: 4.22

XAC Automation Net-Net Working Capital Historical Data

The historical data trend for XAC Automation'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.

XAC Automation Net-Net Working Capital Chart

XAC Automation Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Net-Net Working Capital
Get a 7-Day Free Trial Premium Member Only Premium Member Only 12.13 13.42 9.78 7.79 6.30

XAC Automation 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 7.31 7.12 6.74 6.30 6.41

Competitive Comparison of XAC Automation's Net-Net Working Capital

For the Business Equipment & Supplies subindustry, XAC Automation'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.


XAC Automation's Price-to-Net-Net-Working-Capital Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, XAC Automation's Price-to-Net-Net-Working-Capital distribution charts can be found below:

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



XAC Automation Net-Net Working Capital Calculation

XAC Automation'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)
=(871.777+0.75 * 225.588+0.5 * 446.201-677.342
-0-0)/93.1522
=6.30

XAC Automation'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)
=(900.858+0.75 * 267.289+0.5 * 436.409-721.982
-0-0)/93.1522
=6.41

* 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.


XAC Automation  (ROCO:5490) 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.


XAC Automation Net-Net Working Capital Related Terms

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


XAC Automation (ROCO:5490) Business Description

Traded in Other Exchanges
N/A
Address
4F., No. 30 Industry E. Road IX, Science-Based Industrial Park, Hsin-Chu, TWN, 300
XAC Automation Corp is a research and development, and manufacturing company. It focuses on delivering commerce specific solutions to the payment industry. The company develops, manufactures and markets transaction automation products. Its key products include EFTPOS terminal, pinpad, mPOS, customer facing device, integrated POS for handheld and desktop use cases, and for unattended outdoor payment modules.

XAC Automation (ROCO:5490) Headlines

No Headlines