GURUFOCUS.COM » STOCK LIST » Technology » Semiconductors » Astera Labs Inc (NAS:ALAB) » Definitions » Net-Net Working Capital

Astera Labs (Astera Labs) Net-Net Working Capital : $4.97 (As of Mar. 2024)


View and export this data going back to 2024. Start your Free Trial

What is Astera Labs 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.

Astera Labs's Net-Net Working Capital for the quarter that ended in Mar. 2024 was $4.97.

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

ALAB's Price-to-Net-Net-Working-Capital is ranked worse than
62.93% of 526 companies
in the Semiconductors industry
Industry Median: 8.6 vs ALAB: 12.27

Astera Labs Net-Net Working Capital Historical Data

The historical data trend for Astera Labs'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.

Astera Labs Net-Net Working Capital Chart

Astera Labs Annual Data
Trend Dec22 Dec23
Net-Net Working Capital
-0.85 -0.83

Astera Labs Quarterly Data
Dec22 Mar23 Dec23 Mar24
Net-Net Working Capital -0.85 - -0.83 4.97

Competitive Comparison of Astera Labs's Net-Net Working Capital

For the Semiconductors subindustry, Astera Labs'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.


Astera Labs's Price-to-Net-Net-Working-Capital Distribution in the Semiconductors Industry

For the Semiconductors industry and Technology sector, Astera Labs's Price-to-Net-Net-Working-Capital distribution charts can be found below:

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



Astera Labs Net-Net Working Capital Calculation

Astera Labs'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)
=(149.313+0.75 * 8.335+0.5 * 24.095-293.993
-0-0)/152.503
=-0.83

Astera Labs'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)
=(801.391+0.75 * 16.757+0.5 * 29.567-56.117
-0-0)/155.471
=4.97

* 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.


Astera Labs  (NAS:ALAB) 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.


Astera Labs Net-Net Working Capital Related Terms

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


Astera Labs (Astera Labs) Business Description

Comparable Companies
Traded in Other Exchanges
N/A
Address
2901 Tasman Drive, Suite 205, Santa Clara, CA, USA, 95054
Astera Labs Inc is a company that offers an Intelligent Connectivity Platform, comprised of Semiconductor-based, high-speed mixed-signal connectivity products that integrate a matrix of microcontrollers and sensors. COSMOS, their software suite which is embedded in its connectivity products and integrated into their customers' systems. The Company delivers critical connectivity performance, enables flexibility and customization, and supports observability and predictive analytics. This approach addresses the data, network, and memory bottlenecks, scalability, and other infrastructure requirements of hyperscalers and system original equipment manufacturers.

Astera Labs (Astera Labs) Headlines

From GuruFocus