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OSH 1 Liquidating (FRA:O2S) Net-Net Working Capital : €-45.16 (As of Jan. 2013)


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What is OSH 1 Liquidating 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.

OSH 1 Liquidating's Net-Net Working Capital for the quarter that ended in Jan. 2013 was €-45.16.

The industry rank for OSH 1 Liquidating's Net-Net Working Capital or its related term are showing as below:

FRA:O2S'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.

OSH 1 Liquidating Net-Net Working Capital Historical Data

The historical data trend for OSH 1 Liquidating'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.

OSH 1 Liquidating Net-Net Working Capital Chart

OSH 1 Liquidating Annual Data
Trend Jan10 Jan11 Jan12 Jan13
Net-Net Working Capital
- -53.53 -50.26 -45.22

OSH 1 Liquidating Quarterly Data
Jan11 Apr11 Jul11 Oct11 Jan12 Apr12 Jul12 Oct12 Jan13
Net-Net Working Capital Get a 7-Day Free Trial Premium Member Only -50.26 -49.89 -54.67 -51.30 -45.16

Competitive Comparison of OSH 1 Liquidating's Net-Net Working Capital

For the Home Improvement Retail subindustry, OSH 1 Liquidating'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.


OSH 1 Liquidating's Price-to-Net-Net-Working-Capital Distribution in the Retail - Cyclical Industry

For the Retail - Cyclical industry and Consumer Cyclical sector, OSH 1 Liquidating's Price-to-Net-Net-Working-Capital distribution charts can be found below:

* The bar in red indicates where OSH 1 Liquidating's Price-to-Net-Net-Working-Capital falls into.



OSH 1 Liquidating Net-Net Working Capital Calculation

OSH 1 Liquidating's Net-Net Working Capital (NNWC) per share for the fiscal year that ended in Jan. 2013 is calculated as

Net-Net Working Capital(A: Jan. 2013 )
=(Cash, Cash Equivalents, Marketable Securities+0.75 * Accounts Receivable+0.5 * Total Inventories-Total Liabilities
-Preferred Stock-Minority Interest)/Shares Outstanding (EOP)
=(4.912+0.75 * 0+0.5 * 128.882-329.394
-12.43-0)/6.025
=-45.22

OSH 1 Liquidating's Net-Net Working Capital (NNWC) per share for the quarter that ended in Jan. 2013 is calculated as

Net-Net Working Capital(Q: Jan. 2013 )
=(Cash, Cash Equivalents, Marketable Securities+0.75 * Accounts Receivable+0.5 * Total Inventories-Total Liabilities
-Preferred Stock-Minority Interest)/Shares Outstanding (EOP)
=(4.912+0.75 * 0+0.5 * 128.882-329.394
-12.43-0)/6.034
=-45.16

* 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.


OSH 1 Liquidating  (FRA:O2S) 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.


OSH 1 Liquidating Net-Net Working Capital Related Terms

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OSH 1 Liquidating (FRA:O2S) Business Description

Traded in Other Exchanges
N/A
Address
Orchard Supply Hardware is incorporated in Delaware. The Company provides merchandise mix which consists of various product categories, including repair and maintenance, backyard, and paint and home products. Its repair and maintenance category consists of plumbing, electrical, tools, hardware, and industrial products. Its backyard category consists of nursery, garden, outdoor power and seasonal products. Its paint and home category consists of paint, housewares and appliances products.

OSH 1 Liquidating (FRA:O2S) Headlines

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