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AS Silvano Fashion Group (WAR:SFG) Net-Net Working Capital : zł3.57 (As of Mar. 2024)


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What is AS Silvano Fashion Group 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.

AS Silvano Fashion Group's Net-Net Working Capital for the quarter that ended in Mar. 2024 was zł3.57.

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

WAR:SFG's Price-to-Net-Net-Working-Capital is ranked better than
89.63% of 328 companies
in the Manufacturing - Apparel & Accessories industry
Industry Median: 5.29 vs WAR:SFG: 1.32

AS Silvano Fashion Group Net-Net Working Capital Historical Data

The historical data trend for AS Silvano Fashion Group'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.

AS Silvano Fashion Group Net-Net Working Capital Chart

AS Silvano Fashion Group Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Net-Net Working Capital
Get a 7-Day Free Trial Premium Member Only Premium Member Only -0.55 0.17 1.07 2.17 3.35

AS Silvano Fashion Group Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 2.36 2.71 3.14 3.35 3.57

Competitive Comparison of AS Silvano Fashion Group's Net-Net Working Capital

For the Apparel Manufacturing subindustry, AS Silvano Fashion Group'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.


AS Silvano Fashion Group's Price-to-Net-Net-Working-Capital Distribution in the Manufacturing - Apparel & Accessories Industry

For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, AS Silvano Fashion Group's Price-to-Net-Net-Working-Capital distribution charts can be found below:

* The bar in red indicates where AS Silvano Fashion Group's Price-to-Net-Net-Working-Capital falls into.



AS Silvano Fashion Group Net-Net Working Capital Calculation

AS Silvano Fashion Group'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)
=(143.495+0.75 * 5.678+0.5 * 103.857-67.165
-0-11.972)/36
=3.35

AS Silvano Fashion Group'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)
=(163.155+0.75 * 9.614+0.5 * 104.54-83.294
-0-10.906)/36
=3.57

* 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.


AS Silvano Fashion Group  (WAR:SFG) 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.


AS Silvano Fashion Group Net-Net Working Capital Related Terms

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


AS Silvano Fashion Group (WAR:SFG) Business Description

Traded in Other Exchanges
Address
Tulika 17, Tallinn, EST, 10613
AS Silvano Fashion Group is a retail brand company. It is an international lingerie distribution group involved in the design, manufacturing, and marketing of women's lingerie. Its brands include Milavitsa, Alisee, Aveline, Lauma Lingerie, Laumelle, and Hidalgo. It sells its brand products through the wholesale channel, and franchised sales, and owns retail operated under the Milavitsa and Lauma Lingerie retail chains. The operating segments of the group are Lingerie retail and Lingerie wholesale. Most of the company's revenues are a result of the operation of the Lingerie wholesale channel. It has business operations in Russia, Belarus, Ukraine, Baltics, and other countries.

AS Silvano Fashion Group (WAR:SFG) Headlines

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