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United Super Markets Holdings (TSE:3222) Net-Net Working Capital : 円-820.44 (As of Feb. 2024)


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What is United Super Markets Holdings 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.

United Super Markets Holdings's Net-Net Working Capital for the quarter that ended in Feb. 2024 was 円-820.44.

The industry rank for United Super Markets Holdings's Net-Net Working Capital or its related term are showing as below:

TSE:3222's Price-to-Net-Net-Working-Capital is not ranked *
in the Retail - Cyclical industry.
Industry Median: 6.315
* Ranked among companies with meaningful Price-to-Net-Net-Working-Capital only.

United Super Markets Holdings Net-Net Working Capital Historical Data

The historical data trend for United Super Markets Holdings'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.

United Super Markets Holdings Net-Net Working Capital Chart

United Super Markets Holdings Annual Data
Trend Feb16 Feb17 Feb18 Feb19 Feb20 Feb21 Feb22 Feb23 Feb24
Net-Net Working Capital
Get a 7-Day Free Trial Premium Member Only -715.26 -706.10 -686.02 -732.19 -820.44

United Super Markets Holdings Quarterly Data
May19 Aug19 Nov19 Feb20 May20 Aug20 Nov20 Feb21 May21 Aug21 Nov21 Feb22 May22 Aug22 Nov22 Feb23 May23 Aug23 Nov23 Feb24
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 -732.19 -777.49 -792.24 -814.60 -820.44

Competitive Comparison of United Super Markets Holdings's Net-Net Working Capital

For the Department Stores subindustry, United Super Markets Holdings'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.


United Super Markets Holdings's Price-to-Net-Net-Working-Capital Distribution in the Retail - Cyclical Industry

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

* The bar in red indicates where United Super Markets Holdings's Price-to-Net-Net-Working-Capital falls into.



United Super Markets Holdings Net-Net Working Capital Calculation

United Super Markets Holdings's Net-Net Working Capital (NNWC) per share for the fiscal year that ended in Feb. 2024 is calculated as

Net-Net Working Capital(A: Feb. 2024 )
=(Cash, Cash Equivalents, Marketable Securities+0.75 * Accounts Receivable+0.5 * Total Inventories-Total Liabilities
-Preferred Stock-Minority Interest)/Shares Outstanding (EOP)
=(21135+0.75 * 375+0.5 * 17039-135256
-0-0)/128.37
=-820.44

United Super Markets Holdings's Net-Net Working Capital (NNWC) per share for the quarter that ended in Feb. 2024 is calculated as

Net-Net Working Capital(Q: Feb. 2024 )
=(Cash, Cash Equivalents, Marketable Securities+0.75 * Accounts Receivable+0.5 * Total Inventories-Total Liabilities
-Preferred Stock-Minority Interest)/Shares Outstanding (EOP)
=(21135+0.75 * 375+0.5 * 17039-135256
-0-0)/128.37
=-820.44

* 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.


United Super Markets Holdings  (TSE:3222) 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.


United Super Markets Holdings Net-Net Working Capital Related Terms

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United Super Markets Holdings (TSE:3222) Business Description

Traded in Other Exchanges
N/A
Address
1 Aida-cho Kanda, Chiyoda-ku, Tokyo, JPN, 101-0029
United Super Markets Holdings Inc is a Japanese company which is active in supermarket business management. Its business activities include retailing, wholesale, import and export of groceries, household items, clothing items and other. The company actively operates its stores in metropolitan areas.

United Super Markets Holdings (TSE:3222) Headlines

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