CONNQ (Conn's) Scaled Net Operating Assets: 1.21 (As of Jan. 2024)

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CONNQ Conn's Inc CONNQ
16 GF Score
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What is Conn's Scaled Net Operating Assets?

Conn's CONNQ 16 Scaled Net Operating Assets is 1.21 as of Jan. 2024. GuruFocus rates CONNQ with a GF Score™ of 16/100.

Scaled Net Operating Assets (SNOA) is calculated as the difference between operating assets and operating liabilities, scaled by lagged total assets.

Conn's's operating assets for the quarter that ended in Jan. 2024 was $2,425 Mil. Conn's's operating liabilities for the quarter that ended in Jan. 2024 was $337 Mil. Conn's's Total Assets for the quarter that ended in Oct. 2023 was $1,726 Mil. Therefore, Conn's's scaled net operating assets (SNOA) for the quarter that ended in Jan. 2024 was 1.21.


Conn's Scaled Net Operating Assets Historical Data

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The historical data trend for Conn's's Scaled Net Operating Assets 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.

Conn's Scaled Net Operating Assets Chart

Conn's Annual Data
Trend Jan15 Jan16 Jan17 Jan18 Jan19 Jan20 Jan21 Jan22 Jan23 Jan24
Scaled Net Operating Assets
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.07 0.72 0.86 0.86 1.22

Conn's Quarterly Data
Apr19 Jul19 Oct19 Jan20 Apr20 Jul20 Oct20 Jan21 Apr21 Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24
Scaled Net Operating Assets 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 0.87 0.86 0.89 0.90 1.21

CONNQ vs ZKGCF, ORLY, AZO: Scaled Net Operating Assets Comparison

For the Specialty Retail subindustry, Conn's's Scaled Net Operating Assets, along with its competitors' market caps and Scaled Net Operating Assets 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.


Conn's Scaled Net Operating Assets vs Retail - Cyclical Industry

For the Retail - Cyclical industry and Consumer Cyclical sector, Conn's's Scaled Net Operating Assets distribution charts can be found below:

* The bar in red indicates where Conn's's Scaled Net Operating Assets falls into.


CONNQ
16GF Score
Conn's Inc CONNQ
Scaled Net Operating Assets is just one metric. See GF Score™, valuation, warning signs, and more.
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Conn's Scaled Net Operating Assets Calculation

Scaled Net Operating Assets (SNOA) is calculated as the difference between operating assets and operating liabilities, scaled by lagged total assets.

Conn's's Scaled Net Operating Assets (SNOA) for the fiscal year that ended in Jan. 2024 is calculated as

Scaled Net Operating Assets (SNOA)(A: Jan. 2024 )
=(Operating Assets (A: Jan. 2024 )-Operating Liabilities (A: Jan. 2024 ))/Total Assets (A: Jan. 2023 )
=(2425.339-336.559)/1716.215
=1.22

where

Operating Assets(A: Jan. 2024 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=2444.042 - 18.703
=2425.339

Operating Liabilities(A: Jan. 2024 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=2008.79 - 1440.34 - 231.891
=336.559

Conn's's Scaled Net Operating Assets (SNOA) for the quarter that ended in Jan. 2024 is calculated as

Scaled Net Operating Assets (SNOA)(Q: Jan. 2024 )
=(Operating Assets (Q: Jan. 2024 )-Operating Liabilities (Q: Jan. 2024 ))/Total Assets (Q: Oct. 2023 )
=(2425.339-336.559)/1726.392
=1.21

where

Operating Assets(Q: Jan. 2024 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=2444.042 - 18.703
=2425.339

Operating Liabilities(Q: Jan. 2024 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=2008.79 - 1440.34 - 231.891
=336.559

* 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.

What does a Scaled Net Operating Assets of 1.21 mean?
Conn's (CONNQ) has a Scaled Net Operating Assets of 1.21 as of Jan. 2024. Scaled net operating assets equals current-period operating assets less operating liabilities less prior-period total assets. View historical data on Conn's and its competitors.
Is Conn's' Scaled Net Operating Assets too high?
Conn's' current Scaled Net Operating Assets is 1.21. Overall, Conn's has a GF Score™ of 16/100, reflecting its overall financial health beyond just this single metric.
How does Conn's' Scaled Net Operating Assets compare to ZKGCF and ORLY?
Conn's' Scaled Net Operating Assets of 1.21 can be compared against companies in the Retail - Cyclical industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Scaled Net Operating Assets for a Retail - Cyclical company?
A good Scaled Net Operating Assets depends on the Retail - Cyclical industry context. However, Scaled Net Operating Assets should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Scaled Net Operating Assets mean?
A high Scaled Net Operating Assets can signal that a stock is expensive relative to its fundamentals. Scaled net operating assets equals current-period operating assets less operating liabilities less prior-period total assets. View historical data on Conn's and its competitors. Conn's's current Scaled Net Operating Assets is 1.21. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Conn's stock overvalued right now?
Conn's (CONNQ) has a current Scaled Net Operating Assets of 1.21. The current Scaled Net Operating Assets is 1.21. Conn's' overall GF Score™ is 16/100. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Scaled Net Operating Assets calculated?
Scaled Net Operating Assets is calculated from a company's financial statements. For Conn's (CONNQ), the current Scaled Net Operating Assets is 1.21 as of Jan. 2024. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Conn's Business Description

Address 2445 Technology Forest Boulevard, Suite 800, The Woodlands, TX, USA, 77381
Conn's Inc is a us-based specialty retailer selling durable consumer goods and related services. The company operates through two segments: retail and credit. The retail segment sells furniture, home appliances, electronics, and more. The credit segment provides credit solutions for credit-constrained consumers. They focus on the us market and offer competitive prices, affordable payment options, and fast delivery and installation. Conn's Inc primarily focuses on the us market and generates its revenue from the retail segment. They offer customers the opportunity to compare prices across brands with confidence, along with affordable monthly payment options, fast delivery and installation in the majority of their markets, and product repair services.
16GF Score

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Scaled Net Operating Assets is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

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