Virgin Accounts Payable from 2010 to 2025

SPCE Stock  USD 4.06  0.06  1.46%   
Virgin Galactic's Accounts Payable is increasing over the years with slightly volatile fluctuation. Overall, Accounts Payable is expected to go to about 39.1 M this year. Accounts Payable is the amount Virgin Galactic Holdings owes to suppliers or vendors for products or services received but not yet paid for. It represents Virgin Galactic's short-term liabilities. View All Fundamentals
 
Accounts Payable  
First Reported
2017-06-30
Previous Quarter
37.7 M
Current Value
8.1 M
Quarterly Volatility
11.3 M
 
Covid
Check Virgin Galactic financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Virgin Galactic's main balance sheet or income statement drivers, such as Interest Expense of 15.5 M, Other Operating Expenses of 313.9 M or Total Operating Expenses of 305.2 M, as well as many indicators such as Price To Sales Ratio of 133, Dividend Yield of 0.0 or PTB Ratio of 1.79. Virgin financial statements analysis is a perfect complement when working with Virgin Galactic Valuation or Volatility modules.
  
Check out the analysis of Virgin Galactic Correlation against competitors.

Latest Virgin Galactic's Accounts Payable Growth Pattern

Below is the plot of the Accounts Payable of Virgin Galactic Holdings over the last few years. An accounting item on the balance sheet that represents Virgin Galactic 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 Virgin Galactic Holdings 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. Virgin Galactic's Accounts Payable historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Virgin Galactic'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  

Virgin Accounts Payable Regression Statistics

Arithmetic Mean9,342,132
Geometric Mean1,469,984
Coefficient Of Variation151.73
Mean Deviation10,973,854
Median230,153
Standard Deviation14,174,576
Sample Variance200.9T
Range38.9M
R-Value0.83
Mean Square Error67.7T
R-Squared0.69
Significance0.000075
Slope2,465,373
Total Sum of Squares3013.8T

Virgin Accounts Payable History

202539.1 M
202437.3 M
202332.4 M
202216.3 M
20219.2 M
2020M
2019M

About Virgin Galactic Financial Statements

Virgin Galactic stakeholders use historical fundamental indicators, such as Virgin Galactic's Accounts Payable, to determine how well the company is positioned to perform in the future. Although Virgin Galactic investors may analyze each financial statement separately, they are all interrelated. For example, changes in Virgin Galactic's assets and liabilities are reflected in the revenues and expenses on Virgin Galactic'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 Virgin Galactic Holdings. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Accounts Payable37.3 M39.1 M

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When determining whether Virgin Galactic Holdings is a strong investment it is important to analyze Virgin Galactic'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 Virgin Galactic's future performance. For an informed investment choice regarding Virgin Stock, refer to the following important reports:
Check out the analysis of Virgin Galactic Correlation against competitors.
You can also try the Portfolio Anywhere module to track or share privately all of your investments from the convenience of any device.
Is Aerospace & Defense 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 Virgin Galactic. If investors know Virgin 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 Virgin Galactic listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share
(16.26)
Revenue Per Share
0.421
Quarterly Revenue Growth
(0.77)
Return On Assets
(0.22)
Return On Equity
(0.78)
The market value of Virgin Galactic Holdings is measured differently than its book value, which is the value of Virgin that is recorded on the company's balance sheet. Investors also form their own opinion of Virgin Galactic's value that differs from its market value or its book value, called intrinsic value, which is Virgin Galactic'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 Virgin Galactic's market value can be influenced by many factors that don't directly affect Virgin Galactic'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 Virgin Galactic's value and its price as these two are different measures arrived at by different means. Investors typically determine if Virgin Galactic is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Virgin Galactic'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.