GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Distribution » WESCO International Inc (NYSE:WCCpA.PFD) » Definitions » Net-Net Working Capital

WCCPA.PFD (WESCO International) Net-Net Working Capital : $0.00 (As of Mar. 2025)


View and export this data going back to 2020. Start your Free Trial

What is WESCO International 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.

WESCO International's Net-Net Working Capital for the quarter that ended in Mar. 2025 was $0.00.

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

WCCpA.PFD's Price-to-Net-Net-Working-Capital is not ranked *
in the Industrial Distribution industry.
Industry Median: 6.17
* Ranked among companies with meaningful Price-to-Net-Net-Working-Capital only.

WESCO International Net-Net Working Capital Historical Data

The historical data trend for WESCO International'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.

WESCO International Net-Net Working Capital Chart

WESCO International 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 - - - - -

WESCO International 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 - - - - -

Competitive Comparison of WESCO International's Net-Net Working Capital

For the Industrial Distribution subindustry, WESCO International'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.


WESCO International's Price-to-Net-Net-Working-Capital Distribution in the Industrial Distribution Industry

For the Industrial Distribution industry and Industrials sector, WESCO International's Price-to-Net-Net-Working-Capital distribution charts can be found below:

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


;
;

WESCO International Net-Net Working Capital Calculation

WESCO International'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)
=(702.6+0.75 * 3454.4+0.5 * 3501.7-10095.9
-0--5.2)/0
=N/A

WESCO International'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)
=(681.6+0.75 * 3641.3+0.5 * 3740.2-10485
-0--5.2)/0
=N/A

* 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.


WESCO International  (NYSE:WCCpA.PFD) 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.


WESCO International Net-Net Working Capital Related Terms

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


WESCO International Business Description

Traded in Other Exchanges
Address
225 West Station Square Drive, Suite 700, Pittsburgh, PA, USA, 15219
Wesco can be traced back to the late 1800s but was officially founded in 1922, acting as the distribution arm of Westinghouse Electric. Throughout the 1900s, Wesco entered and subsequently exited the consumer electronics, transit, bottling, and nuclear plant distribution markets. It was sold to a private equity firm in 1994 and then went public in 1999, and numerous acquisitions have since been made to fill the gaps in Wesco's geographical and product coverage. Today, the firm primarily distributes electrical, networking, security, and utility equipment used in the construction and repair of structures such as offices, data centers, power transmission lines, and manufacturing plants. Wesco has operations around the globe but generates the majority of its revenue in the United States.