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Lands' End (Lands' End) Net-Net Working Capital : $-11.68 (As of Jan. 2024)


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What is Lands' End 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.

Lands' End's Net-Net Working Capital for the quarter that ended in Jan. 2024 was $-11.68.

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

LE's Price-to-Net-Net-Working-Capital is not ranked *
in the Retail - Cyclical industry.
Industry Median: 6.2
* Ranked among companies with meaningful Price-to-Net-Net-Working-Capital only.

Lands' End Net-Net Working Capital Historical Data

The historical data trend for Lands' End'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.

Lands' End Net-Net Working Capital Chart

Lands' End Annual Data
Trend Jan15 Jan16 Jan17 Jan18 Jan19 Jan20 Jan21 Jan22 Jan23 Jan24
Net-Net Working Capital
Get a 7-Day Free Trial Premium Member Only Premium Member Only -14.27 -12.96 -11.10 -12.73 -11.68

Lands' End Quarterly Data
Apr19 Jul19 Oct19 Jan20 Apr20 Jul20 Oct20 Jan21 Apr21 Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24
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 -12.73 -12.18 -12.63 -13.40 -11.68

Competitive Comparison of Lands' End's Net-Net Working Capital

For the Apparel Retail subindustry, Lands' End'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.


Lands' End's Price-to-Net-Net-Working-Capital Distribution in the Retail - Cyclical Industry

For the Retail - Cyclical industry and Consumer Cyclical sector, Lands' End's Price-to-Net-Net-Working-Capital distribution charts can be found below:

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



Lands' End Net-Net Working Capital Calculation

Lands' End's Net-Net Working Capital (NNWC) per share for the fiscal year that ended in Jan. 2024 is calculated as

Net-Net Working Capital(A: Jan. 2024 )
=(Cash, Cash Equivalents, Marketable Securities+0.75 * Accounts Receivable+0.5 * Total Inventories-Total Liabilities
-Preferred Stock-Minority Interest)/Shares Outstanding (EOP)
=(25.314+0.75 * 35.295+0.5 * 301.724-569.886
-0-0)/31.433
=-11.68

Lands' End's Net-Net Working Capital (NNWC) per share for the quarter that ended in Jan. 2024 is calculated as

Net-Net Working Capital(Q: Jan. 2024 )
=(Cash, Cash Equivalents, Marketable Securities+0.75 * Accounts Receivable+0.5 * Total Inventories-Total Liabilities
-Preferred Stock-Minority Interest)/Shares Outstanding (EOP)
=(25.314+0.75 * 35.295+0.5 * 301.724-569.886
-0-0)/31.433
=-11.68

* 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.


Lands' End  (NAS:LE) 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.


Lands' End Net-Net Working Capital Related Terms

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


Lands' End (Lands' End) Business Description

Traded in Other Exchanges
Address
1 Lands' End Lane, Dodgeville, WI, USA, 53595
Lands' End Inc is a United States-based multi-channel retailer of casual clothing, accessories, and footwear, as well as home products. The company's operating segment includes U.S. eCommerce; International; Outfitters; Third Party and Retail. It generates maximum revenue from the U.S. eCommerce segment. The U.S. eCommerce segment offers products through the company's eCommerce website. Geographically, it derives a majority of its revenue from the United States.
Executives
John Mcclain director C/O THE JONES GROUP INC., 1411 BROADWAY, NEW YORK NY 10018
Angela S. Rieger officer: Chief Transformation Officer LANDS' END, INC., 1 LANDS' END LANE, DODGEVILLE WI 53595
Andrew J. Mclean director, officer: CEO - Designate 77 HOT METAL STREET, PITTSBURGH PA 15203
Edward S Lampert 10 percent owner 1170 KANE CONCOURSE, SUITE 200, BAY HARBOUR FL 33154
Jerome Griffith director, officer: President and CEO C/O TUMI, INC., 1001 DURHAM AVENUE, SOUTH PLAINFIELD NJ 07080
Sarah W. Rasmusen officer: EVP, CHIEF CUSTOMER OFFICER LANDS' END, INC., 1 LANDS' END LANE, DODGEVILLE WI 53595
Jignesh Patel director 1 LANDS' END LANE, DODGEVILLE WI 53595
Chieh Tsai officer: CHIEF PRODUCT OFFICER LANDS' END, INC., 1 LANDS' END LANE, DODGEVILLE WI 53595
Peter L Gray officer: EVP & CAO C/O TUMI HOLDINGS INC, 1001 DURHAM AVE, SOUTH PLAINFIELD NJ 07080
James F Gooch officer: EVP, COO & CFO C/O 5500 TRILLIUM BOULEVARD, SUITE 501, HOFFMAN ESTATES IL 60192
Mccracken Bernard Louis Iii officer: VP, Chief Accounting Officer 500 PLAZA DRIVE, SECAUCUS NJ 07094
Maureen Mullen director LANDS' END, INC., 1 LANDS' END LANE, DODGEVILLE WI 53595
Gill Brown Hong officer: EVP, CMO & Head of Intl. 1 LANDS' END LANE, DODGEVILLE WI 53595
Jonah Staw director 951 LONGRIDGE ROAD, OAKLAND CA 94610
Robert A Bowman director C/O MLB COM, 75 9TH AVE 5TH FLOOR, NEW YORK NY 10011