GURUFOCUS.COM » STOCK LIST » Technology » Hardware » Daikoku Denki Co Ltd (TSE:6430) » Definitions » Net-Net Working Capital

Daikoku Denki Co (TSE:6430) Net-Net Working Capital : 円966.72 (As of Sep. 2024)


View and export this data going back to 2002. Start your Free Trial

What is Daikoku Denki 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.

Daikoku Denki Co's Net-Net Working Capital for the quarter that ended in Sep. 2024 was 円966.72.

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

TSE:6430's Price-to-Net-Net-Working-Capital is ranked better than
75.37% of 1141 companies
in the Hardware industry
Industry Median: 7.5 vs TSE:6430: 3.41

Daikoku Denki Co Net-Net Working Capital Historical Data

The historical data trend for Daikoku Denki 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.

Daikoku Denki Co Net-Net Working Capital Chart

Daikoku Denki Co Annual Data
Trend Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
Net-Net Working Capital
Get a 7-Day Free Trial Premium Member Only Premium Member Only 564.50 696.07 721.23 699.99 844.13

Daikoku Denki Co Quarterly Data
Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Sep24
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 781.29 780.94 916.15 844.13 966.72

Competitive Comparison of Daikoku Denki Co's Net-Net Working Capital

For the Computer Hardware subindustry, Daikoku Denki 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.


Daikoku Denki Co's Price-to-Net-Net-Working-Capital Distribution in the Hardware Industry

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

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



Daikoku Denki Co Net-Net Working Capital Calculation

Daikoku Denki Co's Net-Net Working Capital (NNWC) per share for the fiscal year that ended in Mar. 2024 is calculated as

Net-Net Working Capital(A: Mar. 2024 )
=(Cash, Cash Equivalents, Marketable Securities+0.75 * Accounts Receivable+0.5 * Total Inventories-Total Liabilities
-Preferred Stock-Minority Interest)/Shares Outstanding (EOP)
=(20434.496+0.75 * 4910.673+0.5 * 13845.295-18561.671
-0-0)/14.7827
=844.13

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

Net-Net Working Capital(Q: Sep. 2024 )
=(Cash, Cash Equivalents, Marketable Securities+0.75 * Accounts Receivable+0.5 * Total Inventories-Total Liabilities
-Preferred Stock-Minority Interest)/Shares Outstanding (EOP)
=(21967.921+0.75 * 5166.832+0.5 * 12137.807-17608.408
-0-0.052)/14.7959
=966.72

* 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.


Daikoku Denki Co  (TSE:6430) 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.


Daikoku Denki Co Net-Net Working Capital Related Terms

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


Daikoku Denki Co Business Description

Traded in Other Exchanges
N/A
Address
No. 43, No. 5-chome, Nagoya Nagono, JPN
Daikoku Denki Co Ltd engages in the development, manufacture, and sale of computer systems for pachinko halls and pachislo game machines. Its operations include Information Systems unit which deals with the development, manufacture, and sale of computer systems, customer premium management systems, and information disclosure systems for pachinko halls. It also offers control systems which involve in the development, manufacture, and sale of display units and control units of pachinko game machines.

Daikoku Denki Co Headlines

No Headlines