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Rashi Peripherals (NSE:RPTECH) Net-Net Working Capital : ₹-175.42 (As of Sep. 2023)


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What is Rashi Peripherals 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.

Rashi Peripherals's Net-Net Working Capital for the quarter that ended in Sep. 2023 was ₹-175.42.

The industry rank for Rashi Peripherals's Net-Net Working Capital or its related term are showing as below:

NSE:RPTECH's Price-to-Net-Net-Working-Capital is not ranked *
in the Hardware industry.
Industry Median: 6.94
* Ranked among companies with meaningful Price-to-Net-Net-Working-Capital only.

Rashi Peripherals Net-Net Working Capital Historical Data

The historical data trend for Rashi Peripherals'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.

Rashi Peripherals Net-Net Working Capital Chart

Rashi Peripherals Annual Data
Trend Mar20 Mar21 Mar22 Mar23
Net-Net Working Capital
-39.30 -44.10 -88.93 -100.66

Rashi Peripherals Quarterly Data
Mar20 Mar21 Mar22 Sep22 Mar23 Sep23
Net-Net Working Capital Get a 7-Day Free Trial -44.10 -88.93 - -100.66 -175.42

Competitive Comparison of Rashi Peripherals's Net-Net Working Capital

For the Electronics & Computer Distribution subindustry, Rashi Peripherals'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.


Rashi Peripherals's Price-to-Net-Net-Working-Capital Distribution in the Hardware Industry

For the Hardware industry and Technology sector, Rashi Peripherals's Price-to-Net-Net-Working-Capital distribution charts can be found below:

* The bar in red indicates where Rashi Peripherals's Price-to-Net-Net-Working-Capital falls into.



Rashi Peripherals Net-Net Working Capital Calculation

Rashi Peripherals's Net-Net Working Capital (NNWC) per share for the fiscal year that ended in Mar. 2023 is calculated as

Net-Net Working Capital(A: Mar. 2023 )
=(Cash, Cash Equivalents, Marketable Securities+0.75 * Accounts Receivable+0.5 * Total Inventories-Total Liabilities
-Preferred Stock-Minority Interest)/Shares Outstanding (EOP)
=(346.29+0.75 * 8716.2+0.5 * 14933.97-21003.31
-0--19.2)/65.900
=-100.66

Rashi Peripherals's Net-Net Working Capital (NNWC) per share for the quarter that ended in Sep. 2023 is calculated as

Net-Net Working Capital(Q: Sep. 2023 )
=(Cash, Cash Equivalents, Marketable Securities+0.75 * Accounts Receivable+0.5 * Total Inventories-Total Liabilities
-Preferred Stock-Minority Interest)/Shares Outstanding (EOP)
=(185.42+0.75 * 13775.26+0.5 * 21562.63-32926.2
-0--67.91)/65.8997
=-175.42

* 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.


Rashi Peripherals  (NSE:RPTECH) 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.


Rashi Peripherals Net-Net Working Capital Related Terms

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Rashi Peripherals (NSE:RPTECH) Business Description

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Traded in Other Exchanges
Address
Website
Rashi Peripherals Ltd is a distributor of information and communications technology ("ICT") products. It operates two business verticals: Personal Computing, Enterprise and Cloud Solutions ("PES"): Under this vertical it distributes personal computing devices, enterprise solutions, embedded designs/ products and cloud computing, and Lifestyle and IT essentials ("LIT"): This includes the distribution of products such as (i) components that include graphic cards, central processing units ("CPUs") and motherboards; (ii) storage and memory devices, etc. It operates in a single operating segment namely, computer systems, software and peripherals, mobiles, and cloud services.

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