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QuestionsCategory: Financials QuadrantDeep Value Investment
CB Wong asked 5 years ago

Hi Victor,

In your recent article pertaining to subject dated 14/10/16 you mentioned that to obtain NCAV, one has to take current assets (while discounting a few items) less total liabilities. Could you elaborate on ‘while discounting a few items’, what are these few items ?

Thanks.

1 Answers
Victor Chng answered 5 years ago

Hi CB,
 
There are many ways to discount using the NCAV, you can give a discount to the inventories or receivables or you can remove the inventories or receivables