GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Distribution » Tura Group AB (XSAT:TURA) » Definitions » Net-Net Working Capital

Tura Group AB (XSAT:TURA) Net-Net Working Capital : kr0.44 (As of Dec. 2024)


View and export this data going back to 2021. Start your Free Trial

What is Tura Group AB 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.

Tura Group AB's Net-Net Working Capital for the quarter that ended in Dec. 2024 was kr0.44.

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

XSAT:TURA's Price-to-Net-Net-Working-Capital is ranked worse than
76% of 50 companies
in the Industrial Distribution industry
Industry Median: 6.375 vs XSAT:TURA: 12.05

Tura Group AB Net-Net Working Capital Historical Data

The historical data trend for Tura Group AB'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.

Tura Group AB Net-Net Working Capital Chart

Tura Group AB Annual Data
Trend Dec21 Dec22 Dec23 Dec24
Net-Net Working Capital
1.61 0.39 0.01 0.44

Tura Group AB Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24
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 0.01 0.69 0.48 0.48 0.44

Competitive Comparison of Tura Group AB's Net-Net Working Capital

For the Industrial Distribution subindustry, Tura Group AB'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.


Tura Group AB's Price-to-Net-Net-Working-Capital Distribution in the Industrial Distribution Industry

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

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


;
;

Tura Group AB Net-Net Working Capital Calculation

Tura Group AB'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)
=(20.231+0.75 * 197.702+0.5 * 198.499-245.859
-0-0)/49.231
=0.44

Tura Group AB's Net-Net Working Capital (NNWC) per share for the quarter that ended in Dec. 2024 is calculated as

Net-Net Working Capital(Q: Dec. 2024 )
=(Cash, Cash Equivalents, Marketable Securities+0.75 * Accounts Receivable+0.5 * Total Inventories-Total Liabilities
-Preferred Stock-Minority Interest)/Shares Outstanding (EOP)
=(20.231+0.75 * 197.702+0.5 * 198.499-245.859
-0-0)/49.231
=0.44

* 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.


Tura Group AB  (XSAT:TURA) 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.


Tura Group AB Net-Net Working Capital Related Terms

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


Tura Group AB Business Description

Traded in Other Exchanges
N/A
Address
Energigatan 15B, KUNGSBACKA, SWE, 434 37
Tura Group AB operates as a Nordic distributor mainly in Denmark, Finland, Norway and Sweden. It offers retailers primarily accessories within the area consumer electronics, audio, video, mobile, computer, photo, gaming, tv. baby and home appliances and also have a major business volume within professional photo, video and graphics.

Tura Group AB Headlines

No Headlines