Virco Other Current Assets from 2010 to 2024

VIRC Stock  USD 16.36  0.02  0.12%   
Virco Manufacturing's Other Current Assets are increasing over the years with slightly volatile fluctuation. Other Current Assets are expected to dwindle to about 2 M. Other Current Assets is assets expected to be converted into cash, sold, or consumed either in one year or in the operating cycle, which are not included under standard current asset categories. View All Fundamentals
 
Other Current Assets  
First Reported
1986-01-31
Previous Quarter
M
Current Value
2.9 M
Quarterly Volatility
1.3 M
 
Black Monday
 
Oil Shock
 
Dot-com Bubble
 
Housing Crash
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Virco Manufacturing financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Virco Manufacturing's main balance sheet or income statement drivers, such as Depreciation And Amortization of 6.8 M, Total Revenue of 163.6 M or Gross Profit of 73.7 M, as well as many indicators such as Price To Sales Ratio of 0.76, Dividend Yield of 0.0014 or PTB Ratio of 2.25. Virco financial statements analysis is a perfect complement when working with Virco Manufacturing Valuation or Volatility modules.
  
Check out the analysis of Virco Manufacturing Correlation against competitors.
For information on how to trade Virco Stock refer to our How to Trade Virco Stock guide.

Latest Virco Manufacturing's Other Current Assets Growth Pattern

Below is the plot of the Other Current Assets of Virco Manufacturing over the last few years. It is assets expected to be converted into cash, sold, or consumed either in one year or in the operating cycle, which are not included under standard current asset categories. Virco Manufacturing's Other Current Assets historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Virco Manufacturing's overall financial position and show how it may be relating to other accounts over time.
Other Current Assets10 Years Trend
Slightly volatile
   Other Current Assets   
       Timeline  

Virco Other Current Assets Regression Statistics

Arithmetic Mean1,751,543
Geometric Mean1,689,842
Coefficient Of Variation24.37
Mean Deviation315,913
Median1,746,000
Standard Deviation426,833
Sample Variance182.2B
Range1.6M
R-Value0.41
Mean Square Error163.4B
R-Squared0.17
Significance0.13
Slope39,014
Total Sum of Squares2.6T

Virco Other Current Assets History

2024M
20232.2 M
20222.1 M
20212.1 M
20202.3 M
20191.7 M
20181.6 M

About Virco Manufacturing Financial Statements

Virco Manufacturing stakeholders use historical fundamental indicators, such as Virco Manufacturing's Other Current Assets, to determine how well the company is positioned to perform in the future. Although Virco Manufacturing investors may analyze each financial statement separately, they are all interrelated. For example, changes in Virco Manufacturing's assets and liabilities are reflected in the revenues and expenses on Virco Manufacturing's income statement, which ultimately affect the company's gains or losses. Understanding these patterns can help in making the right long-term investment decisions in Virco Manufacturing. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Other Current Assets2.2 MM

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Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.
When determining whether Virco Manufacturing offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Virco Manufacturing's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Virco Manufacturing Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Virco Manufacturing Stock:
Check out the analysis of Virco Manufacturing Correlation against competitors.
For information on how to trade Virco Stock refer to our How to Trade Virco Stock guide.
You can also try the Idea Breakdown module to analyze constituents of all Macroaxis ideas. Macroaxis investment ideas are predefined, sector-focused investing themes.
Is Commercial Services & Supplies space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Virco Manufacturing. If investors know Virco will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Virco Manufacturing listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
0.093
Dividend Share
0.06
Earnings Share
1.63
Revenue Per Share
17.273
Quarterly Revenue Growth
0.01
The market value of Virco Manufacturing is measured differently than its book value, which is the value of Virco that is recorded on the company's balance sheet. Investors also form their own opinion of Virco Manufacturing's value that differs from its market value or its book value, called intrinsic value, which is Virco Manufacturing's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Virco Manufacturing's market value can be influenced by many factors that don't directly affect Virco Manufacturing's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Virco Manufacturing's value and its price as these two are different measures arrived at by different means. Investors typically determine if Virco Manufacturing is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Virco Manufacturing's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.