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Autoserver Co (TSE:5589) Net-Net Working Capital : 円394.66 (As of Mar. 2024)


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What is Autoserver Co 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.

Autoserver Co's Net-Net Working Capital for the quarter that ended in Mar. 2024 was 円394.66.

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

TSE:5589's Price-to-Net-Net-Working-Capital is ranked better than
84.93% of 345 companies
in the Vehicles & Parts industry
Industry Median: 8.27 vs TSE:5589: 2.28

Autoserver Co Net-Net Working Capital Historical Data

The historical data trend for Autoserver Co'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.

Autoserver Co Net-Net Working Capital Chart

Autoserver Co Annual Data
Trend Dec21 Dec22 Dec23
Net-Net Working Capital
456.50 632.96 862.18

Autoserver Co Quarterly Data
Dec21 Dec22 Jun23 Sep23 Dec23 Mar24
Net-Net Working Capital Get a 7-Day Free Trial 632.96 393.29 451.26 862.18 394.66

Competitive Comparison of Autoserver Co's Net-Net Working Capital

For the Auto & Truck Dealerships subindustry, Autoserver Co'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.


Autoserver Co's Price-to-Net-Net-Working-Capital Distribution in the Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, Autoserver Co's Price-to-Net-Net-Working-Capital distribution charts can be found below:

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



Autoserver Co Net-Net Working Capital Calculation

Autoserver Co'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)
=(11965.123+0.75 * 60.782+0.5 * 3.268-5946.835
-0-0)/7.0351
=862.18

Autoserver Co's Net-Net Working Capital (NNWC) per share for the quarter that ended in Mar. 2024 is calculated as

Net-Net Working Capital(Q: Mar. 2024 )
=(Cash, Cash Equivalents, Marketable Securities+0.75 * Accounts Receivable+0.5 * Total Inventories-Total Liabilities
-Preferred Stock-Minority Interest)/Shares Outstanding (EOP)
=(12775.252+0.75 * 135.716+0.5 * 2.329-9904.814
-0-0)/7.534
=394.66

* 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.


Autoserver Co  (TSE:5589) 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.


Autoserver Co Net-Net Working Capital Related Terms

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Autoserver Co (TSE:5589) Business Description

Traded in Other Exchanges
N/A
Address
1-8-8 Harumi, Triton Square Office Tower W Building 14th floor, Chuo-ku, Tokyo, JPN, 104-0053
Autoserver Co Ltd is engaged in used car auction agency service and brokerage service for used car dealers on the website. The used car distribution platform ASNET operated by the company is a used car distribution web service that can be used by used car dealers and automobile-related businesses with no membership fee or monthly membership fee.

Autoserver Co (TSE:5589) Headlines

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