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Hanwha Galleria Co (XKRX:452260) Net-Net Working Capital : ₩-3,960.73 (As of Mar. 2024)


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What is Hanwha Galleria Co 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.

Hanwha Galleria Co's Net-Net Working Capital for the quarter that ended in Mar. 2024 was ₩-3,960.73.

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

XKRX:452260's Price-to-Net-Net-Working-Capital is not ranked *
in the Retail - Cyclical industry.
Industry Median: 6.02
* Ranked among companies with meaningful Price-to-Net-Net-Working-Capital only.

Hanwha Galleria Co Net-Net Working Capital Historical Data

The historical data trend for Hanwha Galleria Co'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.

Hanwha Galleria Co Net-Net Working Capital Chart

Hanwha Galleria Co Annual Data
Trend
Net-Net Working Capital

Hanwha Galleria Co Quarterly Data
Mar23 Jun23 Sep23 Dec23 Mar24
Net-Net Working Capital -3,363.72 -3,924.79 -3,867.09 -3,905.48 -3,960.73

Competitive Comparison of Hanwha Galleria Co's Net-Net Working Capital

For the Department Stores subindustry, Hanwha Galleria Co'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.


Hanwha Galleria Co's Price-to-Net-Net-Working-Capital Distribution in the Retail - Cyclical Industry

For the Retail - Cyclical industry and Consumer Cyclical sector, Hanwha Galleria Co's Price-to-Net-Net-Working-Capital distribution charts can be found below:

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



Hanwha Galleria Co Net-Net Working Capital Calculation

Hanwha Galleria Co's Net-Net Working Capital (NNWC) per share for the fiscal year that ended in . 20 is calculated as

Hanwha Galleria Co'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)
=(52908.576+0.75 * 229314.435+0.5 * 32288.051-1007084.46
-1452.235-0)/193.777
=-3,960.73

* 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.


Hanwha Galleria Co  (XKRX:452260) 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.


Hanwha Galleria Co Net-Net Working Capital Related Terms

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Hanwha Galleria Co (XKRX:452260) Business Description

Traded in Other Exchanges
N/A
Address
50, 63-ro, Yeongdeungpo-gu, 2nd and 3rd Floors, 63 Hanwha Life Insurance Building Annex, Yeouido-dong, Seoul, KOR
Hanwha Galleria Co Ltd operates as a distribution service company. It currently has approximately five branches: Seoul Luxury Hall, Gwanggyo Branch, Daejeon Time World, Cheonan Center City, and Jinju Branch. It operates luxury department stores. It is providing a variety of trend-setting products and differentiated food culture content.

Hanwha Galleria Co (XKRX:452260) Headlines

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