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Net Working Capital for Keysight Technologies Inc

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KEYS: Keysight Technologies Inc

Keysight Technologies, Inc. offers electronic design and test solutions worldwide. It operates in two segments, Communications Solutions Group and Electronic Industrial Solutions Group. It offers osci...

133.59 USD
Price
USD
Fair Value
Upside
119.72 - 186.20
52-week range

Analysis

Fiscal Years
Trailing Twelve Months
Fiscal Halfs
Fiscal Quarters
Daily
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The following section summarizes insights on Keysight Technologies Inc's Net Working Capital:

Oct 2016Oct 2018Oct 2020Oct 2022Oct 2024400 M600 M800 M1 B1.2 B

Performance Summary
  • Keysight Technologies's net working capital last quarter was 930 million
  • Keysight Technologies's net working capital for fiscal years ending October 2020 to 2024 averaged 784.4 million.
  • Keysight Technologies's operated at median net working capital of 824 million from fiscal years ending October 2020 to 2024.
  • Looking back at the last 5 years, Keysight Technologies's net working capital peaked in October 2024 at 1.077 billion.
  • Keysight Technologies's net working capital hit its 5-year low in October 2021 of 514 million.
  • Keysight Technologies's net working capital decreased in 2020 (580 million, -5.5%) and 2021 (514 million, -11.4%) and increased in 2022 (824 million, +60.3%), 2023 (927 million, +12.5%), and 2024 (1.077 billion, +16.2%).

How does Keysight Technologies's Net Working Capital benchmark against competitors?

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We've identified the following companies as similar to Keysight Technologies Inc because they operate in a related industry or sector. We also considered size, growth, and various financial metrics to narrow down the list to the ones listed below.

Metric Usage: Net Working Capital

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nwc
Slug
number
Datatype
text
Format
current
Default Period
FY, Q
Periods Supported
Free
Plan

To view the full list of supported financial metrics please see Complete Metrics Listing.

Similar Metrics

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Metrics similar to Net Working Capital in the financials category include:

  • Accumulated Allowance for Doubtful Accounts - The calculated value of receivables that are deemed to be uncollectible.
  • Beginning Cash (CF) - This item represents cash and cash equivalents as at the beginning of the period.
  • Accounts Payable - Amounts payable to vendors extended as a line of credit for normal business purchases.
  • Other Non-Current Liabilities - Field containing the sum of all non-current liabilities that cannot be standardized into another field as well as those that are aggregated by the company because materially, they are too small to list separately.
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Net Working Capital

Capital required to operate the day to day operations of a business. Calculated as (Total Current Assets - Cash & Short-term Investments) minus (Total...

Definition of Net Working Capital

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Net Working Capital represents the amount of money available to spend on day-to-day business operations such as paying employees and vendors. Net Working Capital is a financial metric which represents operating liquidity available to a business.

Read more on Wikipedia: Net Working Capital

Net Working Capital is required in order to calculate a company’s free cash flows in a Discounted Cash Flow DCF analysis. A slightly negative balance is typically preferred in valuation standards meaning a company is able to collect cash from sales quicker than when required to pay vendors.

Working capital is calculated as current assets minus current liabilities. Net Working Capital is defined as:

Net Working Capital =
  Current Assets (Exclusive of Cash)
  (-) Current Liabilities (Exclusive of Debt)

Click the link below to download a spreadsheet with an example Net Working Capital calculation for Keysight Technologies Inc below:

Sector Benchmark Analysis

Sector
Industry Group
Industry
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-521.5 M-21.531 M478.5 M1.341 B0400800

The chart above depicts the distribution of net working capital for companies operating in the Information Technology sector in the Developed economic region. Over 2,540 companies were considered in this analysis, and 2,446 had meaningful values. The average net working capital of companies in the sector is 37.46 M with a standard deviation of 157.7 M.

Keysight Technologies Inc's Net Working Capital of 930 M ranks in the 98.0% percentile for the sector. The following table provides additional summary stats:

Net Working Capital In The Information Technology Sector
Economic Risk RegionDeveloped
Total Constituents2,547
Included Constituents2,446
Min-518.4 M
Max1.339 B
Median1.147 M
Mean37.46 M
Standard Deviation157.7 M

You can find companies with similar net working capital using this stock screener.

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