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Vince Holding (Vince Holding) Net-Net Working Capital : $-10.61 (As of Jan. 2024)


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What is Vince Holding 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.

Vince Holding's Net-Net Working Capital for the quarter that ended in Jan. 2024 was $-10.61.

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

VNCE's Price-to-Net-Net-Working-Capital is not ranked *
in the Manufacturing - Apparel & Accessories industry.
Industry Median: 5.22
* Ranked among companies with meaningful Price-to-Net-Net-Working-Capital only.

Vince Holding Net-Net Working Capital Historical Data

The historical data trend for Vince Holding'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.

Vince Holding Net-Net Working Capital Chart

Vince Holding 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 -14.33 -17.35 -18.24 -17.95 -10.61

Vince Holding 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 -17.95 -17.00 -12.27 -10.93 -10.61

Competitive Comparison of Vince Holding's Net-Net Working Capital

For the Apparel Manufacturing subindustry, Vince Holding'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.


Vince Holding's Price-to-Net-Net-Working-Capital Distribution in the Manufacturing - Apparel & Accessories Industry

For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, Vince Holding's Price-to-Net-Net-Working-Capital distribution charts can be found below:

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



Vince Holding Net-Net Working Capital Calculation

Vince Holding'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)
=(0.357+0.75 * 20.671+0.5 * 58.777-177.996
-0-0)/12.5066
=-10.61

Vince Holding'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)
=(0.357+0.75 * 20.671+0.5 * 58.777-177.996
-0-0)/12.5066
=-10.61

* 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.


Vince Holding  (NYSE:VNCE) 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.


Vince Holding Net-Net Working Capital Related Terms

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Vince Holding (Vince Holding) Business Description

Traded in Other Exchanges
Address
500 5th Avenue, 20th Floor, New York, NY, USA, 10110
Vince Holding Corp is a fashion brand that is engaged in wholesale and retail delivery of luxury essentials like women's and men's apparel, women's and men's footwear, and handbags. Its offers women's collections of luxurious cashmere sweaters and silk blouses, leather and suede leggings and jackets, dresses, denim, pants, tanks and t-shirts, and a growing assortment of outerwear. It focuses on developing an elevated collection of Vince apparel and accessories to serve the luxurious need of the customer. The company manages its business in three segments namely Vince Wholesale, Vince Direct-to-consumer, and Rebecca Taylor and Parker segment. It operates its e-commerce business through its website. Majority of its revenue generated from Vince Wholesale segment.
Executives
Michael J Mardy director
Michael Hand officer: Interim CFO 650 FROM RD, SUITE 375, PARAMUS NJ 07652
Jonathan Schwefel director, officer: Chief Executive Officer 500 FIFTH AVENUE, 20TH FLOOR, NEW YORK NY 101100
David Stefko officer: See Remarks 500 FIFTH AVE, 20TH FLOOR, NEW YORK NY 10110
Marie Fogel officer: See Remarks 500 FIFTH AVENUE, 20TH FLOOR, NEW YORK NY 10110
Lee Meiner officer: See Remarks 500 FIFTH AVENUE, 20TH FLOOR, NEW YORK NY 10110
Akiko Okuma officer: General Counsel & Secretary 500 FIFTH AVE, 20TH FLOOR, NEW YORK NY 10110
Amy Kate Trooskin officer: Chief Financial Officer 500 FIFTH AVE., 20TH FLOOR, NEW YORK NY 10110
Kelli Turner director C/O CME MEDIA SERVICES LTD, KRIZENECKEHO NAM. 1078/5A, PRAGUE 2N 15200
Brendan Hoffman officer: Chief Executive Officer 100 PIER 1 PLACE, FORT WORTH TX 76102
Robin S Kramer director 500 FIFTH AVENUE, 20TH FLOOR, NEW YORK NY 10110
Matthew N Garff director 11111 SANTA MONICA BLVD, SUITE 1050, LOS ANGELES CA 90025
Jeff M Feinberg director 500 FIFTH AVENUE, 20TH FLOOR, NEW YORK NY 10110
Sun Capital Partners V Lp 10 percent owner 5200 TOWN CENTER CIRCLE, STE 600, BOCA RATON FL 33486
Marc J Leder director, 10 percent owner 5200 TOWN CENTER CIRCLE, SUITE 600, BOCA RATON FL 33486

Vince Holding (Vince Holding) Headlines