GURUFOCUS.COM » STOCK LIST » Industrials » Business Services » PRAP Japan Inc (TSE:2449) » Definitions » Net-Net Working Capital

PRAP Japan (TSE:2449) Net-Net Working Capital : 円807.47 (As of Aug. 2024)


View and export this data going back to 2005. Start your Free Trial

What is PRAP Japan 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.

PRAP Japan's Net-Net Working Capital for the quarter that ended in Aug. 2024 was 円807.47.

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

TSE:2449's Price-to-Net-Net-Working-Capital is ranked better than
93.66% of 410 companies
in the Business Services industry
Industry Median: 5.935 vs TSE:2449: 1.11

PRAP Japan Net-Net Working Capital Historical Data

The historical data trend for PRAP Japan'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.

PRAP Japan Net-Net Working Capital Chart

PRAP Japan Annual Data
Trend Aug15 Aug16 Aug17 Aug18 Aug19 Aug20 Aug21 Aug22 Aug23 Aug24
Net-Net Working Capital
Get a 7-Day Free Trial Premium Member Only Premium Member Only 842.57 591.04 624.13 749.34 807.47

PRAP Japan Quarterly Data
Nov19 Feb20 May20 Aug20 Nov20 Feb21 May21 Aug21 Nov21 Feb22 May22 Aug22 Nov22 Feb23 May23 Aug23 Nov23 Feb24 May24 Aug24
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 749.34 715.82 724.34 753.82 807.47

Competitive Comparison of PRAP Japan's Net-Net Working Capital

For the Consulting Services subindustry, PRAP Japan'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.


PRAP Japan's Price-to-Net-Net-Working-Capital Distribution in the Business Services Industry

For the Business Services industry and Industrials sector, PRAP Japan's Price-to-Net-Net-Working-Capital distribution charts can be found below:

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



PRAP Japan Net-Net Working Capital Calculation

PRAP Japan's Net-Net Working Capital (NNWC) per share for the fiscal year that ended in Aug. 2024 is calculated as

Net-Net Working Capital(A: Aug. 2024 )
=(Cash, Cash Equivalents, Marketable Securities+0.75 * Accounts Receivable+0.5 * Total Inventories-Total Liabilities
-Preferred Stock-Minority Interest)/Shares Outstanding (EOP)
=(4415.68+0.75 * 1147.101+0.5 * 253.585-1559.402
-0-275.621)/4.41848
=807.47

PRAP Japan's Net-Net Working Capital (NNWC) per share for the quarter that ended in Aug. 2024 is calculated as

Net-Net Working Capital(Q: Aug. 2024 )
=(Cash, Cash Equivalents, Marketable Securities+0.75 * Accounts Receivable+0.5 * Total Inventories-Total Liabilities
-Preferred Stock-Minority Interest)/Shares Outstanding (EOP)
=(4415.68+0.75 * 1147.101+0.5 * 253.585-1559.402
-0-275.621)/4.41848
=807.47

* 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.


PRAP Japan  (TSE:2449) 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.


PRAP Japan Net-Net Working Capital Related Terms

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


PRAP Japan Business Description

Traded in Other Exchanges
N/A
Address
ARK Mori Building 33F, Tokyo, JPN
PRAP Japan Inc provides public relations consultancy services. It offers Crisis Communications, Media Training, and Digital Influence.

PRAP Japan Headlines

No Headlines