GURUFOCUS.COM » STOCK LIST » Industrials » Transportation » GDEX Bhd (XKLS:0078) » Definitions » Net-Net Working Capital

GDEX Bhd (XKLS:0078) Net-Net Working Capital : RM0.01 (As of Mar. 2024)


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

What is GDEX Bhd 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.

GDEX Bhd's Net-Net Working Capital for the quarter that ended in Mar. 2024 was RM0.01.

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

XKLS:0078's Price-to-Net-Net-Working-Capital is ranked worse than
77.14% of 210 companies
in the Transportation industry
Industry Median: 5.57 vs XKLS:0078: 16.50

GDEX Bhd Net-Net Working Capital Historical Data

The historical data trend for GDEX Bhd'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.

GDEX Bhd Net-Net Working Capital Chart

GDEX Bhd Annual Data
Trend Jun13 Jun14 Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Dec22 Dec23
Net-Net Working Capital
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.05 0.04 0.03 0.01 0.01

GDEX Bhd Quarterly Data
Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Sep21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 0.01 0.01 0.01 0.01 0.01

Competitive Comparison of GDEX Bhd's Net-Net Working Capital

For the Integrated Freight & Logistics subindustry, GDEX Bhd'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.


GDEX Bhd's Price-to-Net-Net-Working-Capital Distribution in the Transportation Industry

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

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



GDEX Bhd Net-Net Working Capital Calculation

GDEX Bhd'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)
=(194.295+0.75 * 59.416+0.5 * 2.906-167.93
-0-23.286)/5541.41
=0.01

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

Net-Net Working Capital(Q: Mar. 2024 )
=(Cash, Cash Equivalents, Marketable Securities+0.75 * Accounts Receivable+0.5 * Total Inventories-Total Liabilities
-Preferred Stock-Minority Interest)/Shares Outstanding (EOP)
=(189.836+0.75 * 53.81+0.5 * 3.18-149.461
-0-22.937)/5541.41
=0.01

* 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.


GDEX Bhd  (XKLS:0078) 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.


GDEX Bhd Net-Net Working Capital Related Terms

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


GDEX Bhd (XKLS:0078) Business Description

Traded in Other Exchanges
N/A
Address
No. 19, Jalan Tandang, Petaling Jaya, SGR, MYS, 46050
GDEX Bhd mainly engages in the provision of express delivery, logistics, information technology services, and property management. It provides a domestic express carrier, international express carrier, customized logistics solutions, logistics services, enhanced liability coverage, GDEX prepaid, and among others. The group has five business segments Express delivery, Logistics, Property management, Information technology, and Property investment. The majority of the revenue comes from the Express delivery segment. The company's geographical segments include Malaysia, which is the key revenue driver; Singapore; and Vietnam.

GDEX Bhd (XKLS:0078) Headlines

No Headlines