GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Vivo Energy Mauritius Ltd (XMAU:VIVOENERGY) » Definitions » Net-Net Working Capital

Vivo Energy Mauritius (XMAU:VIVOENERGY) Net-Net Working Capital : MUR-4,409.09 (As of Dec. 2023)


View and export this data going back to 1991. Start your Free Trial

What is Vivo Energy Mauritius 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.

Vivo Energy Mauritius's Net-Net Working Capital for the quarter that ended in Dec. 2023 was MUR-4,409.09.

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

XMAU:VIVOENERGY's Price-to-Net-Net-Working-Capital is not ranked *
in the Oil & Gas industry.
Industry Median: 5.4
* Ranked among companies with meaningful Price-to-Net-Net-Working-Capital only.

Vivo Energy Mauritius Net-Net Working Capital Historical Data

The historical data trend for Vivo Energy Mauritius'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.

Vivo Energy Mauritius Net-Net Working Capital Chart

Vivo Energy Mauritius Annual Data
Trend Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec21 Dec22 Dec23
Net-Net Working Capital
Get a 7-Day Free Trial Premium Member Only Premium Member Only -51.69 -48.75 -38.98 -4,225.10 -4,409.09

Vivo Energy Mauritius Semi-Annual Data
Dec11 Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec21 Dec22 Dec23
Net-Net Working Capital Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only -51.69 -48.75 -38.98 -4,225.10 -4,409.09

Competitive Comparison of Vivo Energy Mauritius's Net-Net Working Capital

For the Oil & Gas Refining & Marketing subindustry, Vivo Energy Mauritius'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.


Vivo Energy Mauritius's Price-to-Net-Net-Working-Capital Distribution in the Oil & Gas Industry

For the Oil & Gas industry and Energy sector, Vivo Energy Mauritius's Price-to-Net-Net-Working-Capital distribution charts can be found below:

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


;
;

Vivo Energy Mauritius Net-Net Working Capital Calculation

Vivo Energy Mauritius'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)
=(24714.085+0.75 * 36298.813+0.5 * 27349.043-193169.653
-0-1726.352)/29.322
=-4,409.09

Vivo Energy Mauritius'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)
=(24714.085+0.75 * 36298.813+0.5 * 27349.043-193169.653
-0-1726.352)/29.322
=-4,409.09

* 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.


Vivo Energy Mauritius  (XMAU:VIVOENERGY) 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.


Vivo Energy Mauritius Net-Net Working Capital Related Terms

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


Vivo Energy Mauritius Business Description

Traded in Other Exchanges
N/A
Address
23 Lower Belgrave Street, London, GBR, SWIW 0NT
Vivo Energy Mauritius Ltd is engaged in the marketing and distribution of petroleum products. The group operates under three reportable segments: Retail, Commercial, and Lubricants. It generates maximum revenue from the Retail segment. The company offers lubricants and liquefied petroleum gas (LPG) products to the aviation, construction, manufacturing, marine, power, mining, and road transport industries.

Vivo Energy Mauritius Headlines

No Headlines