GURUFOCUS.COM » STOCK LIST » Industrials » Conglomerates » Seyfert Ltd (TSE:9213) » Definitions » Net-Net Working Capital

Seyfert (TSE:9213) Net-Net Working Capital : 円417.16 (As of Dec. 2023)


View and export this data going back to 2022. Start your Free Trial

What is Seyfert 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.

Seyfert's Net-Net Working Capital for the quarter that ended in Dec. 2023 was 円417.16.

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

TSE:9213's Price-to-Net-Net-Working-Capital is ranked better than
71.79% of 117 companies
in the Conglomerates industry
Industry Median: 6.11 vs TSE:9213: 2.61

Seyfert Net-Net Working Capital Historical Data

The historical data trend for Seyfert'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.

Seyfert Net-Net Working Capital Chart

Seyfert Annual Data
Trend Dec19 Dec20 Dec21 Dec22 Dec23
Net-Net Working Capital
-108.47 -90.28 7.21 400.25 417.16

Seyfert Quarterly Data
Dec19 Dec20 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 400.25 346.00 433.16 410.91 417.16

Competitive Comparison of Seyfert's Net-Net Working Capital

For the Conglomerates subindustry, Seyfert'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.


Seyfert's Price-to-Net-Net-Working-Capital Distribution in the Conglomerates Industry

For the Conglomerates industry and Industrials sector, Seyfert's Price-to-Net-Net-Working-Capital distribution charts can be found below:

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



Seyfert Net-Net Working Capital Calculation

Seyfert'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)
=(1191.379+0.75 * 85.792+0.5 * 6.951-708.22
-0-0)/1.3208
=417.16

Seyfert'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)
=(1191.379+0.75 * 85.792+0.5 * 6.951-708.22
-0-0)/1.3208
=417.16

* 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.


Seyfert  (TSE:9213) 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.


Seyfert Net-Net Working Capital Related Terms

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


Seyfert (TSE:9213) Business Description

Traded in Other Exchanges
N/A
Address
3-27-11 YuShin building 2th Floor, Shibuya, Shibuya-ku, Tokyo, JPN, 150-0002
Seyfert Ltd is engaged in the advertising recruitment service, referral and dispatch service and education service related to beauty industry.

Seyfert (TSE:9213) Headlines

No Headlines