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VIZIO Holding (VIZIO Holding) Net-Net Working Capital : $0.69 (As of Mar. 2024)


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What is VIZIO Holding 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.

VIZIO Holding's Net-Net Working Capital for the quarter that ended in Mar. 2024 was $0.69.

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

VZIO's Price-to-Net-Net-Working-Capital is ranked worse than
76.08% of 1208 companies
in the Hardware industry
Industry Median: 6.955 vs VZIO: 15.57

VIZIO Holding Net-Net Working Capital Historical Data

The historical data trend for VIZIO Holding'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.

VIZIO Holding Net-Net Working Capital Chart

VIZIO Holding Annual Data
Trend Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Net-Net Working Capital
Get a 7-Day Free Trial -1.04 -0.61 0.07 0.42 0.65

VIZIO Holding Quarterly Data
Dec18 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 0.51 0.57 0.60 0.65 0.69

Competitive Comparison of VIZIO Holding's Net-Net Working Capital

For the Consumer Electronics subindustry, VIZIO Holding'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.


VIZIO Holding's Price-to-Net-Net-Working-Capital Distribution in the Hardware Industry

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

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



VIZIO Holding Net-Net Working Capital Calculation

VIZIO Holding'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)
=(351.5+0.75 * 381.2+0.5 * 6.8-511.4
-0-0)/197.68
=0.65

VIZIO Holding'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)
=(333.9+0.75 * 267.9+0.5 * 25.6-410.7
-0-0)/198.307
=0.69

* 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.


VIZIO Holding  (NYSE:VZIO) 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.


VIZIO Holding Net-Net Working Capital Related Terms

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VIZIO Holding (VIZIO Holding) Business Description

Traded in Other Exchanges
Address
39 Tesla, Irvine, CA, USA, 92618
VIZIO Holding Corp operates two distinct integrated businesses: Device and Platform+. Through Device business, it offers a range of high-performance Smart TVs designed to address specific consumer preferences, as well as a portfolio of soundbars that deliver immersive audio experiences. It generates revenue from the shipment of these devices to retailers and distributors across the United States, as well as directly to consumers through the website. The Platform+ business includes the Smart TV operating system, SmartCast, which delivers a vast amount of content and applications through an easy-to-use interface.
Executives
Michael Joseph O'donnell officer: See Remarks C/O VIZIO HOLDING CORP., 39 TESLA, IRVINE CA 92618
Adam R. Townsend officer: Chief Financial Officer C/O VIZIO HOLDING CORP., 39 TESLA, IRVINE CA 92618
Rajendra M Mohan director 1600 HARBOR BAY PARKWAY STE 200, C/O GOOD GUYS INC, ALAMEDA CA 94502
Amtran Technology Co. Ltd. 10 percent owner 17F, NO. 268, LIAN CHEN RD., JHONGHE DISTRICT, NEW TAIPEI CITY F5 235
Julia S Gouw director 415 HUNTINGTON DRIVE, SAN MARINO CA 91108
Ben Bun Wong officer: President and COO C/O VIZIO HOLDINGS, INC., 39 TESLA, IRVINE CA 92618
William Wei Wang director, 10 percent owner, officer: Chief Executive Officer C/O VIZIO HOLDINGS, INC., 39 TESLA, IRVINE CA 92618
V-tw Holdings, Llc 10 percent owner 801 RIVER DRIVE, PO BOX 1397, NORTH SIOUX CITY SD 57049
David Eugene Russell director C/O VIZIO HOLDING CORP., 39 TESLA, IRVINE CA 92618
William T Baxter officer: Chief Technology Officer C/O BSQUARE CORP, 3150 139TH AVENUE SE STE 500, BELLEVUE WA 98005
Vicky Free director 485 SPRINGFIELD AVENUE #8, SUMMIT NJ 07901
Theodore W Waitt 10 percent owner 801 RIVER DRIVE, NORTH SIOUX CITY SD 57049
Avalon Capital Group Ii, Llc 10 percent owner 801 RIVER DRIVE, PO BOX 1397, NORTH SIOUX CITY SD 57049
Q-run Holdings Ltd 10 percent owner NO.66-1,ZHONGSHAN ROAD,TUCHENG DISTRICT, NEW TAIPEI F5 236401
Foxconn Assembly Holding Corp 10 percent owner NO.2, ZIYOU STREET, TUCHENG DISTRICT, NEW TAIPEI CITY F5 236401