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XOX Technology Bhd (XKLS:0017) Net-Net Working Capital : RM-0.01 (As of Dec. 2023)


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What is XOX Technology Bhd 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.

XOX Technology Bhd's Net-Net Working Capital for the quarter that ended in Dec. 2023 was RM-0.01.

The industry rank for XOX Technology Bhd's Net-Net Working Capital or its related term are showing as below:

XKLS:0017's Price-to-Net-Net-Working-Capital is not ranked *
in the Telecommunication Services industry.
Industry Median: 7.86
* Ranked among companies with meaningful Price-to-Net-Net-Working-Capital only.

XOX Technology Bhd Net-Net Working Capital Historical Data

The historical data trend for XOX Technology Bhd'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.

XOX Technology Bhd Net-Net Working Capital Chart

XOX Technology Bhd Annual Data
Trend Jun12 Jun13 Jun14 Jun15 Jun16 Jun17 Dec19 Mar21 Mar22 Mar23
Net-Net Working Capital
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.05 - - - -0.01

XOX Technology Bhd Quarterly Data
Mar18 Sep18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 - -0.01 -0.01 -0.01 -0.01

Competitive Comparison of XOX Technology Bhd's Net-Net Working Capital

For the Telecom Services subindustry, XOX Technology Bhd'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.


XOX Technology Bhd's Price-to-Net-Net-Working-Capital Distribution in the Telecommunication Services Industry

For the Telecommunication Services industry and Communication Services sector, XOX Technology Bhd's Price-to-Net-Net-Working-Capital distribution charts can be found below:

* The bar in red indicates where XOX Technology Bhd's Price-to-Net-Net-Working-Capital falls into.



XOX Technology Bhd Net-Net Working Capital Calculation

XOX Technology Bhd's Net-Net Working Capital (NNWC) per share for the fiscal year that ended in Mar. 2023 is calculated as

Net-Net Working Capital(A: Mar. 2023 )
=(Cash, Cash Equivalents, Marketable Securities+0.75 * Accounts Receivable+0.5 * Total Inventories-Total Liabilities
-Preferred Stock-Minority Interest)/Shares Outstanding (EOP)
=(7.013+0.75 * 30.482+0.5 * 0-28.015
-0-8.345)/893.626
=-0.01

XOX Technology Bhd's Net-Net Working Capital (NNWC) per share for the quarter that ended in Dec. 2023 is calculated as

Net-Net Working Capital(Q: Dec. 2023 )
=(Cash, Cash Equivalents, Marketable Securities+0.75 * Accounts Receivable+0.5 * Total Inventories-Total Liabilities
-Preferred Stock-Minority Interest)/Shares Outstanding (EOP)
=(21.344+0.75 * 62.799+0.5 * 0-60.67
-0-14.462)/893.626
=-0.01

* 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.


XOX Technology Bhd  (XKLS:0017) 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.


XOX Technology Bhd Net-Net Working Capital Related Terms

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XOX Technology Bhd (XKLS:0017) Business Description

Traded in Other Exchanges
N/A
Address
Lot 17.1, 17th Floor, Menara Lien Hoe, No. 8, Persiaran Tropicana, Tropicana Golf and Country Resort, Petaling Jaya, SGR, MYS, 47410
XOX Technology Bhd, formerly M3 Technologies (Asia) Bhd is engaged in the provision of mobile value-added services. Business activity of the firm is operated through the region of Malaysia, Pakistan, United Arab Emirates - Dubai, and Other Countries of which Pakistan region accounts for a larger share of the revenue. The business activities function through Mobile Solutions; Cloud Services Solutions and Trading and Distribution business. It offers a range of mobile solutions and platforms, such as multimedia products, wireless access protocol (WAP) and Java 2 Micro Edition (J2ME) applications catering to all channels of its business, such as Business to Consumer, Business to Business and Business to Owner.

XOX Technology Bhd (XKLS:0017) Headlines

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