Legacy Accounts Payable from 2010 to 2024
| LEGH Stock | USD 20.21 0.16 0.80% |
Accounts Payable | First Reported 2017-12-31 | Previous Quarter 5.9 M | Current Value 4.1 M | Quarterly Volatility 2 M |
Check Legacy Housing financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Legacy main balance sheet or income statement drivers, such as Tax Provision of 9.4 M, Net Interest Income of 2.3 M or Interest Income of 3 M, as well as many exotic indicators such as Price To Sales Ratio of 1.86, Dividend Yield of 0.15 or PTB Ratio of 1.87. Legacy financial statements analysis is a perfect complement when working with Legacy Housing Valuation or Volatility modules.
Legacy | Accounts Payable |
Latest Legacy Housing's Accounts Payable Growth Pattern
Below is the plot of the Accounts Payable of Legacy Housing Corp over the last few years. An accounting item on the balance sheet that represents Legacy Housing 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 Legacy Housing Corp 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. Legacy Housing's Accounts Payable historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Legacy Housing's overall financial position and show how it may be relating to other accounts over time.
| Accounts Payable | 10 Years Trend |
|
Accounts Payable |
| Timeline |
Legacy Accounts Payable Regression Statistics
| Arithmetic Mean | 4,778,640 | |
| Geometric Mean | 4,590,561 | |
| Coefficient Of Variation | 34.63 | |
| Mean Deviation | 974,544 | |
| Median | 4,383,000 | |
| Standard Deviation | 1,654,940 | |
| Sample Variance | 2.7T | |
| Range | 7.4M | |
| R-Value | 0.11 | |
| Mean Square Error | 2.9T | |
| R-Squared | 0.01 | |
| Significance | 0.68 | |
| Slope | 42,304 | |
| Total Sum of Squares | 38.3T |
Legacy Accounts Payable History
About Legacy Housing Financial Statements
There are typically three primary documents that fall into the category of financial statements. These documents include Legacy Housing income statement, its balance sheet, and the statement of cash flows. Legacy Housing investors use historical funamental indicators, such as Legacy Housing's Accounts Payable, to determine how well the company is positioned to perform in the future. Although Legacy Housing investors may use each financial statement separately, they are all related. The changes in Legacy Housing's assets and liabilities, for example, are also reflected in the revenues and expenses that we see on Legacy Housing's income statement, which results in the company's gains or losses. Cash flows can provide more information regarding cash listed on a balance sheet, but not equivalent to net income shown on the income statement. We offer a historical overview of the basic patterns found on Legacy Housing Financial Statements. Understanding these patterns can help to make the right decision on long term investment in Legacy Housing. Please read more on our technical analysis and fundamental analysis pages.
| Last Reported | Projected for Next Year | ||
| Accounts Payable | 4.1 M | 4.1 M |
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Try AI Portfolio ArchitectCheck out the analysis of Legacy Housing Correlation against competitors. Note that the Legacy Housing Corp information on this page should be used as a complementary analysis to other Legacy Housing's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Bond Analysis module to evaluate and analyze corporate bonds as a potential investment for your portfolios..
Complementary Tools for Legacy Stock analysis
When running Legacy Housing's price analysis, check to measure Legacy Housing's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Legacy Housing is operating at the current time. Most of Legacy Housing's value examination focuses on studying past and present price action to predict the probability of Legacy Housing's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Legacy Housing's price. Additionally, you may evaluate how the addition of Legacy Housing to your portfolios can decrease your overall portfolio volatility.
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Is Legacy Housing's industry 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 Legacy Housing. If investors know Legacy 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 Legacy Housing 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 (0.66) | Earnings Share 2.17 | Revenue Per Share 7.757 | Quarterly Revenue Growth (0.55) | Return On Assets 0.0856 |
The market value of Legacy Housing Corp is measured differently than its book value, which is the value of Legacy that is recorded on the company's balance sheet. Investors also form their own opinion of Legacy Housing's value that differs from its market value or its book value, called intrinsic value, which is Legacy Housing'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 Legacy Housing's market value can be influenced by many factors that don't directly affect Legacy Housing'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 Legacy Housing's value and its price as these two are different measures arrived at by different means. Investors typically determine if Legacy Housing is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Legacy Housing'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.