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CS Disco (CS Disco) Net-Net Working Capital : $2.34 (As of Mar. 2024)


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What is CS Disco 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.

CS Disco's Net-Net Working Capital for the quarter that ended in Mar. 2024 was $2.34.

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

LAW's Price-to-Net-Net-Working-Capital is ranked better than
84.29% of 1222 companies
in the Software industry
Industry Median: 7.365 vs LAW: 2.72

CS Disco Net-Net Working Capital Historical Data

The historical data trend for CS Disco'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.

CS Disco Net-Net Working Capital Chart

CS Disco Annual Data
Trend Dec19 Dec20 Dec21 Dec22 Dec23
Net-Net Working Capital
-1.77 -2.15 4.35 3.17 2.44

CS Disco Quarterly Data
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 2.95 2.81 2.45 2.44 2.34

Competitive Comparison of CS Disco's Net-Net Working Capital

For the Software - Application subindustry, CS Disco'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.


CS Disco's Price-to-Net-Net-Working-Capital Distribution in the Software Industry

For the Software industry and Technology sector, CS Disco's Price-to-Net-Net-Working-Capital distribution charts can be found below:

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



CS Disco Net-Net Working Capital Calculation

CS Disco'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)
=(159.551+0.75 * 26.993+0.5 * 0-31.212
-0-0)/61.01
=2.44

CS Disco'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)
=(148.679+0.75 * 24.501+0.5 * 0-24.123
-0-0)/61.101
=2.34

* 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.


CS Disco  (NYSE:LAW) 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.


CS Disco Net-Net Working Capital Related Terms

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CS Disco (CS Disco) Business Description

Industry
Traded in Other Exchanges
N/A
Address
111 Congress Avenue, Suite 900, Austin, TX, USA, 78701
CS Disco Inc provides a cloud-native, artificial intelligence-powered legal solution that simplifies discovery, legal document review, and case management for enterprises, law firms, legal services providers, and governments. Its revenue-generating activities directly relate to the sale and support of legal solutions. It has two primary types of contractual arrangements: usage-based and subscription solutions. The usage-based revenue is derived from contracts under which customers are billed monthly based on their usage. Subscription revenue is derived from contracts where customers are contractually committed to a minimum data volume over a period of time.
Executives
Michael Lafair officer: Chief Financial Officer C/O CS DISCO, INC., 3700 N. CAPITAL OF TEXAS HWY, SUITE 150, AUSTIN TX 78746
Kevin Joseph Smith officer: EVP, Chief Product Officer C/O CS DISCO, INC., 3700 N. CAPITAL OF TEXAS HWY, STE 150, AUSTIN TX 78746
James Offerdahl director 11501 DOMAIN DRIVE, SUITE 200, AUSTIN TX 78758
Keith Zoellner officer: Chief Technology Officer C/O CS DISCO, INC., 3700 N. CAPITAL OF TEXAS HWY, SUITE 150, AUSTIN TX 78746
Susan L Blount director C/O PRUDENTIAL FINANCIAL, INC, 751 BROAD STREET, FOURTH FLOOR, NEWARK NJ 07102
Andrew Shimek officer: Chief Revenue Officer C/O CS DISCO, INC., 3700 N. CAPITAL OF TEXAS HWY, SUITE 150, AUSTIN TX 02116
Kiwi Camara director, officer: Chief Executive Officer C/O CS DISCO, INC., 3700 N. CAPITAL OF TEXAS HWY, STE 150, AUSTIN TX 78746
Bessemer Venture Partners Viii L.p. 10 percent owner 1865 PALMER AVENUE, LARCHMONT NY 01538
Bessemer Venture Partners Viii Institutional L.p. 10 percent owner 1865 PALMER AVENUE, LARCHMONT NY 01538
Deer Viii & Co. L.p. 10 percent owner C/O BESSEMER VENTURE PARTNERS, 1865 PALMER AVENUE, LARCHMONT NY 10538
Deer Viii & Co. Ltd. 10 percent owner C/O BESSEMER VENTURE PARTNERS, 1865 PALMER AVENUE, LARCHMONT NY 10538
Stephens Group, Llc 10 percent owner 100 RIVER BLUFF DRIVE, SUITE 500, LITTLE ROCK AR 72202
Robert P Goodman director 1865 PALMER AVENUE, SUITE 104, LARCHMONT NY 10538
Lovp Sbic Management Services, Llc 10 percent owner 805 LAS CIMAS PARKWAY SUITE 125, AUSTIN CA 78746
Krishna Srinivasan director, 10 percent owner 4030 W. BRAKER LANE, BUILDING 2-100, AUSTIN TX 78759

CS Disco (CS Disco) Headlines

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