VerifyMe Days Payables Outstanding from 2010 to 2024

VRME Stock  USD 1.60  0.13  8.84%   
VerifyMe's Days Payables Outstanding is decreasing over the years with slightly volatile fluctuation. Days Payables Outstanding is expected to dwindle to 65.80. During the period from 2010 to 2024 VerifyMe Days Payables Outstanding annual values regression line had geometric mean of  2,615 and mean square error of 169.1 M. View All Fundamentals
 
Days Payables Outstanding  
First Reported
2010-12-31
Previous Quarter
69.25877092
Current Value
65.8
Quarterly Volatility
16.7 K
 
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 10.9 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 0.0 or PTB Ratio of 0.92. 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 Days Payables Outstanding Growth Pattern

Below is the plot of the Days Payables Outstanding of VerifyMe over the last few years. It is VerifyMe's Days Payables Outstanding 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.
Days Payables Outstanding10 Years Trend
Slightly volatile
   Days Payables Outstanding   
       Timeline  

VerifyMe Days Payables Outstanding Regression Statistics

Arithmetic Mean11,453
Geometric Mean2,615
Coefficient Of Variation145.56
Mean Deviation13,205
Median3,626
Standard Deviation16,671
Sample Variance277.9M
Range42.6K
R-Value(0.66)
Mean Square Error169.1M
R-Squared0.44
Significance0.01
Slope(2,459)
Total Sum of Squares3.9B

VerifyMe Days Payables Outstanding History

2024 65.8
2023 69.26
2022 109.1
2021 612.87
2020 2254.76
2019 3420.81

About VerifyMe Financial Statements

There are typically three primary documents that fall into the category of financial statements. These documents include VerifyMe income statement, its balance sheet, and the statement of cash flows. VerifyMe investors use historical funamental indicators, such as VerifyMe's Days Payables Outstanding, to determine how well the company is positioned to perform in the future. Although VerifyMe investors may use each financial statement separately, they are all related. The changes in VerifyMe's assets and liabilities, for example, are also reflected in the revenues and expenses that we see on VerifyMe'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 VerifyMe Financial Statements. Understanding these patterns can help to make the right decision on long term investment in VerifyMe. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Days Payables Outstanding 69.26  65.80 

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Additional Information and Resources on Investing in VerifyMe Stock

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 My Watchlist Analysis module to analyze my current watchlist and to refresh optimization strategy. Macroaxis watchlist is based on self-learning algorithm to remember stocks you like.
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
(0.23)
Revenue Per Share
2.553
Quarterly Revenue Growth
0.017
Return On Assets
(0.08)
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.