VerifyMe Accounts Payable from 2010 to 2024

VRME Stock  USD 0.63  0.01  1.61%   
VerifyMe's Accounts Payable is increasing over the years with slightly volatile fluctuation. Overall, Accounts Payable is expected to go to about 3.5 M this year. Accounts Payable is the amount VerifyMe owes to suppliers or vendors for products or services received but not yet paid for. It represents VerifyMe's short-term liabilities. View All Fundamentals
 
Accounts Payable  
First Reported
2001-03-31
Previous Quarter
1.3 M
Current Value
1.6 M
Quarterly Volatility
945.1 K
 
Housing Crash
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check VerifyMe financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among VerifyMe's main balance sheet or income statement drivers, such as Interest Expense of 152.9 K, Selling General Administrative of 10.5 M or Research Development of 101.7 K, as well as many indicators such as Price To Sales Ratio of 0.41, Dividend Yield of 39.03 or PTB Ratio of 0.91. VerifyMe financial statements analysis is a perfect complement when working with VerifyMe Valuation or Volatility modules.
  
Check out the analysis of VerifyMe Correlation against competitors.
For information on how to trade VerifyMe Stock refer to our How to Trade VerifyMe Stock guide.

Latest VerifyMe's Accounts Payable Growth Pattern

Below is the plot of the Accounts Payable of VerifyMe over the last few years. An accounting item on the balance sheet that represents VerifyMe obligation to pay off a short-term debt to its creditors. The accounts payable entry is usually reported under current liabilities. If accounts payable of VerifyMe are not paid within the agreed terms, the payables are considered to be in default, which may trigger a penalty or interest payment, or the revocation of additional credit from the supplier. Accounts payable may also be considered a source of cash, since they represent funds being borrowed from suppliers. Given these cash flow considerations, suppliers have a natural inclination to push for shorter payment terms, while creditors want to lengthen the payment terms. It is the amount a company owes to suppliers or vendors for products or services received but not yet paid for. It represents the company's short-term liabilities. VerifyMe's Accounts Payable historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in VerifyMe's overall financial position and show how it may be relating to other accounts over time.
Accounts Payable10 Years Trend
Slightly volatile
   Accounts Payable   
       Timeline  

VerifyMe Accounts Payable Regression Statistics

Arithmetic Mean1,499,766
Geometric Mean764,503
Coefficient Of Variation109.14
Mean Deviation1,333,392
Median660,000
Standard Deviation1,636,885
Sample Variance2.7T
Range5.2M
R-Value0.35
Mean Square Error2.5T
R-Squared0.12
Significance0.21
Slope126,730
Total Sum of Squares37.5T

VerifyMe Accounts Payable History

20243.5 M
20233.3 M
20223.9 M
2021341 K
2020383 K
2019422.3 K
2018411.2 K

About VerifyMe Financial Statements

VerifyMe stakeholders use historical fundamental indicators, such as VerifyMe's Accounts Payable, to determine how well the company is positioned to perform in the future. Although VerifyMe investors may analyze each financial statement separately, they are all interrelated. For example, changes in VerifyMe's assets and liabilities are reflected in the revenues and expenses on VerifyMe'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 VerifyMe. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Accounts Payable3.3 M3.5 M

Also Currently Popular

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 VerifyMe is a strong investment it is important to analyze VerifyMe's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact VerifyMe's future performance. For an informed investment choice regarding VerifyMe Stock, refer to the following important reports:
Check out the analysis of VerifyMe Correlation against competitors.
For information on how to trade VerifyMe Stock refer to our How to Trade VerifyMe Stock guide.
You can also try the Alpha Finder module to use alpha and beta coefficients to find investment opportunities after accounting for the risk.
Is Electronic Equipment, Instruments & Components 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 VerifyMe. If investors know VerifyMe 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 VerifyMe 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
(0.97)
Earnings Share
(0.32)
Revenue Per Share
2.533
Quarterly Revenue Growth
0.003
Return On Assets
(0.05)
The market value of VerifyMe is measured differently than its book value, which is the value of VerifyMe that is recorded on the company's balance sheet. Investors also form their own opinion of VerifyMe's value that differs from its market value or its book value, called intrinsic value, which is VerifyMe'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 VerifyMe's market value can be influenced by many factors that don't directly affect VerifyMe'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 VerifyMe's value and its price as these two are different measures arrived at by different means. Investors typically determine if VerifyMe is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, VerifyMe'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.