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Wanderport (Wanderport) Net-Net Working Capital : $-52.03 (As of Feb. 2003)


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What is Wanderport 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.

Wanderport's Net-Net Working Capital for the quarter that ended in Feb. 2003 was $-52.03.

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

WDRP's Price-to-Net-Net-Working-Capital is not ranked *
in the Retail - Defensive industry.
Industry Median: 6.8
* Ranked among companies with meaningful Price-to-Net-Net-Working-Capital only.

Wanderport Net-Net Working Capital Historical Data

The historical data trend for Wanderport'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.

Wanderport Net-Net Working Capital Chart

Wanderport Annual Data
Trend Aug95 Aug96 Aug97 Aug98 Aug99 Aug00 Aug01
Net-Net Working Capital
Get a 7-Day Free Trial 7.43 -45.00 -45.33 -37.39 -16.85

Wanderport Quarterly Data
Aug95 Aug96 Aug97 Aug98 Aug99 Nov99 Feb00 May00 Aug00 Nov00 Feb01 May01 Aug01 Nov01 Feb02 May02 Aug02 Nov02 Feb03
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 -20.31 -28.25 -36.95 -43.43 -52.03

Competitive Comparison of Wanderport's Net-Net Working Capital

For the Food Distribution subindustry, Wanderport'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.


Wanderport's Price-to-Net-Net-Working-Capital Distribution in the Retail - Defensive Industry

For the Retail - Defensive industry and Consumer Defensive sector, Wanderport's Price-to-Net-Net-Working-Capital distribution charts can be found below:

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



Wanderport Net-Net Working Capital Calculation

Wanderport's Net-Net Working Capital (NNWC) per share for the fiscal year that ended in Aug. 2001 is calculated as

Net-Net Working Capital(A: Aug. 2001 )
=(Cash, Cash Equivalents, Marketable Securities+0.75 * Accounts Receivable+0.5 * Total Inventories-Total Liabilities
-Preferred Stock-Minority Interest)/Shares Outstanding (EOP)
=(0.169+0.75 * 2.967+0.5 * 6.881-8.156
-0-0)/0.13778
=-16.85

Wanderport's Net-Net Working Capital (NNWC) per share for the quarter that ended in Feb. 2003 is calculated as

Net-Net Working Capital(Q: Feb. 2003 )
=(Cash, Cash Equivalents, Marketable Securities+0.75 * Accounts Receivable+0.5 * Total Inventories-Total Liabilities
-Preferred Stock-Minority Interest)/Shares Outstanding (EOP)
=(0.026+0.75 * 2.929+0.5 * 1.986-10.384
-0-0)/0.13778
=-52.03

* 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.


Wanderport  (OTCPK:WDRP) 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.


Wanderport Net-Net Working Capital Related Terms

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Wanderport (Wanderport) Business Description

Traded in Other Exchanges
N/A
Address
2425 Olympic Boulevard, Suite 4000W, Santa Monica, CA, USA, 90401
Wanderport Corp is a distributor of food, beverages, and consumer products with a focus in the area of industrial hemp. It owns Sapa Coffee for its line of hemp coffee blends through which it sells its hemp, hemp CBD coffees and teas directly to wholesalers and retailers as well as through online market places. The company sells various CBD-based products including beauty and personal care, beverages, supplements, topical, and pet.