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DreamArts (TSE:4811) Net-Net Working Capital : 円334.08 (As of Dec. 2024)


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What is DreamArts 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.

DreamArts's Net-Net Working Capital for the quarter that ended in Dec. 2024 was 円334.08.

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

TSE:4811's Price-to-Net-Net-Working-Capital is ranked better than
52.43% of 1253 companies
in the Software industry
Industry Median: 7.79 vs TSE:4811: 7.63

DreamArts Net-Net Working Capital Historical Data

The historical data trend for DreamArts'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.

DreamArts Net-Net Working Capital Chart

DreamArts Annual Data
Trend Dec21 Dec22 Dec23 Dec24
Net-Net Working Capital
-35.45 -31.44 225.20 334.08

DreamArts Quarterly Data
Dec21 Dec22 Jun23 Sep23 Dec23 Mar24 Jun24 Dec24
Net-Net Working Capital Get a 7-Day Free Trial 80.18 225.20 232.91 274.00 334.08

Competitive Comparison of DreamArts's Net-Net Working Capital

For the Software - Infrastructure subindustry, DreamArts'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.


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

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

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


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DreamArts Net-Net Working Capital Calculation

DreamArts'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)
=(3571.189+0.75 * 190.001+0.5 * 1.277-2421.122
-0-0)/3.871
=334.08

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

Net-Net Working Capital(Q: Dec. 2024 )
=(Cash, Cash Equivalents, Marketable Securities+0.75 * Accounts Receivable+0.5 * Total Inventories-Total Liabilities
-Preferred Stock-Minority Interest)/Shares Outstanding (EOP)
=(3571.189+0.75 * 190.001+0.5 * 1.277-2421.122
-0-0)/3.871
=334.08

* 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.


DreamArts  (TSE:4811) 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.


DreamArts Net-Net Working Capital Related Terms

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DreamArts Business Description

Industry
Traded in Other Exchanges
N/A
Address
Ebisu Garden Place Tower 29F, 4-20-3 Ebisu, Shibuya-ku, Tokyo, JPN, 150-6029
DreamArts Corp is a company engaged in developing computer system and business software. It also provides SaaS products (such as the no-code development tool (SmartDB) and consulting services for business digitalization focused on the enterprise market. They offer a wide range of cloud services, including ShopRan a cloud service that specializes in communication between distribution and retail headquarters used by more than fifty seven thousand stores nationwide.

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