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Univar Solutions (Univar Solutions) Net-Net Working Capital : $-15.61 (As of Jun. 2023)


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What is Univar Solutions 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.

Univar Solutions's Net-Net Working Capital for the quarter that ended in Jun. 2023 was $-15.61.

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

UNVR's Price-to-Net-Net-Working-Capital is not ranked *
in the Chemicals industry.
Industry Median: 6.875
* Ranked among companies with meaningful Price-to-Net-Net-Working-Capital only.

Univar Solutions Net-Net Working Capital Historical Data

The historical data trend for Univar Solutions'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.

Univar Solutions Net-Net Working Capital Chart

Univar Solutions Annual Data
Trend Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
Net-Net Working Capital
Get a 7-Day Free Trial Premium Member Only Premium Member Only -19.31 -18.75 -17.18 -15.43 -16.33

Univar Solutions Quarterly Data
Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23
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 -15.51 -15.60 -16.33 -15.81 -15.61

Competitive Comparison of Univar Solutions's Net-Net Working Capital

For the Chemicals subindustry, Univar Solutions'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.


Univar Solutions's Price-to-Net-Net-Working-Capital Distribution in the Chemicals Industry

For the Chemicals industry and Basic Materials sector, Univar Solutions's Price-to-Net-Net-Working-Capital distribution charts can be found below:

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



Univar Solutions Net-Net Working Capital Calculation

Univar Solutions's Net-Net Working Capital (NNWC) per share for the fiscal year that ended in Dec. 2022 is calculated as

Net-Net Working Capital(A: Dec. 2022 )
=(Cash, Cash Equivalents, Marketable Securities+0.75 * Accounts Receivable+0.5 * Total Inventories-Total Liabilities
-Preferred Stock-Minority Interest)/Shares Outstanding (EOP)
=(385.3+0.75 * 1489.9+0.5 * 1137.8-4651.5
-0-0)/157.983
=-16.33

Univar Solutions's Net-Net Working Capital (NNWC) per share for the quarter that ended in Jun. 2023 is calculated as

Net-Net Working Capital(Q: Jun. 2023 )
=(Cash, Cash Equivalents, Marketable Securities+0.75 * Accounts Receivable+0.5 * Total Inventories-Total Liabilities
-Preferred Stock-Minority Interest)/Shares Outstanding (EOP)
=(429.5+0.75 * 1501.4+0.5 * 994.8-4516.1
-0-0)/157.745
=-15.61

* 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.


Univar Solutions  (NYSE:UNVR) 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.


Univar Solutions Net-Net Working Capital Related Terms

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


Univar Solutions (Univar Solutions) Business Description

Traded in Other Exchanges
N/A
Address
3075 Highland Parkway, Suite 200, Downers Grove, IL, USA, 60515
Univar Solutions Inc is distributor of commodity and specialty chemicals and ingredients, as well as a provider of value-added services, to customers across a wide range of diverse industries.. The company sells chemicals to a variety of end-users including customers in the food ingredients, beauty and personal care, pharmaceutical ingredients & finished products, CASE, chemical manufacturing, homecare and industrial cleaning and mining. The company organizes itself into four segments based on geography: the United States; Canada; Europe and the Middle East and Africa; and the rest of the world. The majority of revenue comes from the United States.
Executives
Varun Laroyia director 500 WEST MADISON STREET, SUITE 2800, CHICAGO IL 60661
James B Holcomb officer: SVP, President North America 3075 HIGHLAND PARKWAY, SUITE 200, DOWNERS GROVE IL 60515
Nicholas W Alexos officer: EVP, CFO C/O DENTSPLY SIRONA INC, 13320 BALLANTYNE CORPORATE PLACE, CHARLOTTE NC 28277
Nicholas Powell officer: President, EMEA & APAC 3075 HIGHLAND PARKWAY, SUITE 200, DOWNERS GROVE IL 60515
Pat Jerding officer: SVP, Chief Information Officer 3075 HIGHLAND PARKWAY, SUITE 200, DOWNERS GROVE IL 60515
Stephen D Newlin director 22 W FRONTAGE ROAD, NORTHFIELD IL 60093
Christopher D Pappas director C/O 76 SOUTH MAIN STREET, AKRON OH 44308
David Jukes director, officer: President and CEO 3075 HIGHLAND PARKWAY, SUITE 200, DOWNERS GROVE IL 60515
Kelly O'hanlon officer: Principal Accounting Officer 3075 HIGHLAND PARKWAY, SUITE 200, DOWNERS GROVE IL 60515
Jennifer Mcintyre officer: SVP, Chief Integration Officer 3075 HIGHLAND PARKWAY, 200, DOWNERS GROVE IL 60515
Jonathan Webster officer: SVP, Chief Streamline Officer 3075 HIGHLAND PARKWAY, SUITE 200, DOWNERS GROVE IL 60515
Richard P Fox director
Noelle J Perkins officer: SVP, General Counsel Secretary 3075 HIGHLAND PARKWAY, SUITE 200, DOWNERS GROVE TX 60515
William S Stavropoulos director
Joan A. Braca director 1200 WILLOW LAKE BLVD, P.O. BOX 64683, ST. PAUL MN 55110