On this page of Benford's Law Stocks.com we present our study of Vericel Corp — ticker symbol VCEL. SEC filings have been screened by our Benford's Law software, for quarterly 10Q and annual 10K filings from 2/25/2020 to 11/7/2024 for Vericel Corp under CIK number 0000887359. For filings made in XBRL (eXtensible Business Reporting Language) format, our algorithm extracts all "tagged" numbers presented by the company; for any non-XBRL filings our algorithm uses its own interal set of rules to extract what it believes to be numbers as found throughout the filings. The format found for each filing is presented below together with the results for VCEL, with the percentage of found numbers beginning with each digit (1's, 2's, 3's, 4's, 5's, 6's, 7's, 8's, and 9's) charted against the "normal" range observed throughout our coverage universe, as well as the "normal" range for Vericel Corp based on the past VCEL filings our system processed in the past.
23.9
13.6
13.3
14.4
7.1
11.1
6.0
4.3
6.3
 
%1 %2 %3 %4 %5 %6 %7 %8 %9
XBRL?   [ original filing, VCEL stockholder letter ]
Total numbers found: 603
Recent share count: 49,030,175 (4's column)

= Typical range across full coverage universe
Benford's Law Stocks Indicator
603
Normal-to-low count compared to other filers, above the bottom quartile. At this number count, it would take about 6 numbers to move any given column by a full percentage point.
47

Starting from a possible score of 100, we made the following score deductions:
 • We deducted point upon observing the 1's percentage was below the typical coverage universe range.
 • We deducted point upon observing the 2's percentage was below the typical coverage universe range.
 • The 4's percentage was higher than the 3's percentage, increasing the penalty multiplier.
 • However, because we observed that the company's shares outstanding count begins with the digit 4, we canceled the penalty multiplier.
 • We deducted points upon observing the 4's percentage was above the typical coverage universe range.
 • The 6's percentage was higher than the 5's percentage, increasing the penalty multiplier.
 • We deducted points (includes the impact of penalty multiplier) upon observing the 6's percentage was above the typical coverage universe range.
 • We deducted points (includes the impact of penalty multiplier) upon observing the 6's percentage was above the company's typical historical range.
 • The 9's percentage was higher than the 8's percentage, increasing the penalty multiplier.
 • This is the 2nd column with percentage higher than the prior column, resulting in a penalty deduction.
 • We deducted points (includes the impact of penalty multiplier) upon observing the 9's percentage was above the typical coverage universe range.
 • We deducted points (includes the impact of penalty multiplier) upon observing the 9's percentage was above the company's typical historical range.
Benford's Law Stocks Indicator
VCEL
Low score compared to other filers, falling in the bottom quartile.
OLLI
SPT
NINE
GEG
SCWX
USAP
GXLM
CRDF
Check our work! We provide our Vericel Corp Benford's Law analysis for informational purposes only, and our software should be expected to make mistakes and contain errors (nothing you see on this website should be relied upon for any decision-making without first repeating the analysis yourself independently), and so below we present to you all of the numbers our system detected, for the VCEL filing above. This way, you can open the filing on your own and compare what you see below against what you yourself find. This can also be helpful for exploring any columns in particular that caught your eye.

1's 2's 3's
We found 144 numbers that start with the digit 1. Here they are:
16,669
17,778
12
15,756
13,087
190,520
14,343
17,215
100
132,933
127,705
100
161,848
132,520
161,848
132,520
16,252
14,973
113,608
19,874
16,141
107,694
127,568
106,264
13,960
19,195
1,578
1,262
154
150
140
1
125
18
1,564
1,111
16,461
16,175
19
16,175
158
15,660
100
101
145
145
14
163
163
16
192,272
132
11
183
193,978
18
15
15
198,928
13
158
158
16,175
161
161
18
1,029
1,639
1,408
143
12,178
17,255
11,946
16,516
10,301
16,669
10,160
13,526
19,932
1,083
1,432
1,530
1,517
1,026
1,945
128,973
108,114
12,184
1,065
161,848
132,520
11,854
11,348
1,850
1,210
15,756
13,087
1,647
1,731
15,927
14,901
113,991
1.2
1.0
1,094
156
14,343
17,215
126,000
1.8
1
1
15
1
16
1
14,003
13,971
1
101
13,971
13,971
15,904
15,904
126,185
125,552
15.9
1.2
150.0
15.0
1.1
10
1.25
1.50
1,095
105,025
18.80
16,175
19
19
1,142
1,142
17.5
125.0
We found 82 numbers that start with the digit 2. Here they are:
205,631
25,283
20,884
22,347
243
257,472
225,952
29,989
2,465
2,734
286
286
269
225,952
247
247
265
245
233,896
28
28
273
242,977
255
255
257,472
2,009
2,009
216
216
2,097
2,097
26
204,380
28,578
25,416
25
2,669
2,887
2,562
25,225
2,262
2,311
23,088
22,598
21,465
2,974
2,275
2,345
23,808
2,269
2,052
25,578
22,206
2
2
28.3
2.5
200
24.4
25,283
29,333
29,333
24,874
24,874
29,333
23.9
2.50
25
20
25
2,914
2,341
2,862
22,383
20,213
28,578
25,416
27.73
28.08
22.36
23,520
We found 80 numbers that start with the digit 3. Here they are:
32,895
390,405
353,657
359
390,405
353,657
30,608
38,025
35,665
3,196
3,946
3,660
34
3,660
3,502
3,862
3,862
329
34
382
353
353
359
399,995
342
342
384
384
3
3,660
3,660
329
329
3
3,483
3,365
360
35,921
36,254
38,416
32,494
3,238
36,022
31,637
3,473
3,227
37,589
30,606
32,531
3.5
3.0
3,750
3,087
3,503
3,336
3,591
340
364
35.5
3.6
3.2
3.2
3
365
375
32,895
3,638
3,639
32
34,672
34,672
34,672
3.50
3,281
35,610
36.51
30.24
3,660
34
34
4's 5's 6's
We found 87 numbers that start with the digit 4. Here they are:
49,358,408
48,053
40,469
43
48,479
41,635
41,346
45,749
49,265
47,829
412,622
403,177
45,581
45,581
48,240
45,451
41,653
44,118
4,850
460
444
4,515
49,085
47,649
48,639
47,537
459
47,829
403,177
487
4,909
4,909
48,489
407,039
4,682
4,682
4,020
4,020
414
414
4
48,862
411,721
4
49,265
412,622
47,253
47,507
407,490
47,616
412,510
47,684
463
416,170
4,027
4,291
4,958
4,614
41
412.6
4.8
4
469
457
44,656
45,581
41,635
4.2
48,053
47,228
47,159
40,469
4,876
4,876
47,159
47,159
4.00
47.59
48.19
49,085
47,649
48,639
47,537
49,085
47,649
48,639
47,537
We found 43 numbers that start with the digit 5. Here they are:
53,681
58,356
57,905
57,905
5,676
5,057
515
5,442
5,442
593,245
5,020
5,020
50
542
5,139
52,612
50,187
5,309
51,067
5,568
53,681
53.7
5.6
50
5,030
5,797
598
598
57,905
529
5,901
5,562
5
5
50
57
5,543
5,546
5,546
5,546
58,500
594,217
552,841
We found 67 numbers that start with the digit 6. Here they are:
69,088
6,853
6,406
6,875
610
6,119
6,187
669,735
629,229
6,093
632
629,229
6,779
6,779
641,180
654,971
632
632
669,735
602,104
636
68
612,059
621
621,013
6,810
627
6,182
65
60,890
64,383
60,473
68,220
6,968
63,841
6,406
625
6,875
625
625
625
625
6,406
6
6.0
6,119
6,187
68,255
68,605
6,791
6,797
69
65,852
65,752
65,752
68,605
68,605
6,797
6,797
6.2
660
6,372
622,535
6,115
6,859
6,115
6,859
7's 8's 9's
We found 36 numbers that start with the digit 7. Here they are:
7,882
71,561
73,462
771
75,000
7,495
7,495
72
79
79
7,924
7,924
787
787
788
7,500
70,350
70,350
7,394
7,500
7,500
7,580
7.7
7.1
71,561
73,462
7
762
7,367
7,924
745,412
7.5
7.5
7.5
7.5
75.0
We found 26 numbers that start with the digit 8. Here they are:
88,413
81,856
87,069
8,986
8,731
8,731
8,761
8,761
889
889
8
86
86
86,866
83,561
83,561
80.9
80,544
88,413
8
81,856
88,043
80,589
80,948
80,948
892
We found 38 numbers that start with the digit 9. Here they are:
91,344
90,123
901
9,445
901
9,445
901
9,445
9,834
9,834
9
9,520
9,520
901
901
9,224
9,224
9
978
9,445
9,877
9.4
90,246
9,972
9,116
9,757
9.6
91,344
97,463
983
983
96,852
90,880
9,224
901
9,445
943
943
While the above VCEL 10Q Filed 11/7/2024 is interesting in isolation, we have found that it is also useful to take a look at older Vericel Corp filings processed by our Benford's Law Stocks algorithm, to see how the company's filings "typically look" on a Benford's Law analysis. Below we repeat the 10Q Filed 11/7/2024 but instead of the chart comparing against the typical company across our coverage universe, below we show the same chart compared against the typical VCEL 10Q and 10K filings that we have processed historically. This is followed by similar charts for each of those historical filings.

23.9
13.6
13.3
14.4
7.1
11.1
6.0
4.3
6.3
 
%1 %2 %3 %4 %5 %6 %7 %8 %9
Benford's Law Stocks Score: 47
XBRL?   [ original filing ]
Total numbers found: 603

= Typical VCEL range from 2/25/2020 to 11/7/2024
28.4
13.0
14.6
12.7
6.4
9.3
7.1
5.0
3.4
 
%1 %2 %3 %4 %5 %6 %7 %8 %9
Benford's Law Stocks Score: 75
XBRL?   [ original filing ]
Total numbers found: 700

= Typical VCEL range from 2/25/2020 to 11/7/2024
26.8
11.8
9.2
15.9
8.5
8.5
9.5
5.5
4.3
 
%1 %2 %3 %4 %5 %6 %7 %8 %9
Benford's Law Stocks Score: 65
XBRL?   [ original filing ]
Total numbers found: 422

= Typical VCEL range from 2/25/2020 to 11/7/2024
29.9
12.5
15.1
13.6
8.2
7.9
7.3
3.7
1.7
 
%1 %2 %3 %4 %5 %6 %7 %8 %9
Benford's Law Stocks Score: 83
XBRL?   [ original filing ]
Total numbers found: 535

= Typical VCEL range from 2/25/2020 to 11/7/2024
25.8
13.4
15.2
16.5
8.7
7.0
6.4
3.9
3.1
 
%1 %2 %3 %4 %5 %6 %7 %8 %9
Benford's Law Stocks Score: 86
XBRL?   [ original filing ]
Total numbers found: 612

= Typical VCEL range from 2/25/2020 to 11/7/2024
26.1
16.6
11.6
11.1
8.2
8.4
7.2
6.9
3.9
 
%1 %2 %3 %4 %5 %6 %7 %8 %9
Benford's Law Stocks Score: 82
XBRL?   [ original filing ]
Total numbers found: 740

= Typical VCEL range from 2/25/2020 to 11/7/2024
27.0
15.1
14.3
14.8
9.2
6.4
7.4
2.8
3.1
 
%1 %2 %3 %4 %5 %6 %7 %8 %9
Benford's Law Stocks Score: 81
XBRL?   [ original filing ]
Total numbers found: 392

= Typical VCEL range from 2/25/2020 to 11/7/2024
26.5
14.7
9.8
14.4
8.3
8.9
6.9
5.9
4.6
 
%1 %2 %3 %4 %5 %6 %7 %8 %9
Benford's Law Stocks Score: 86
XBRL?   [ original filing ]
Total numbers found: 563

= Typical VCEL range from 2/25/2020 to 11/7/2024
25.2
14.1
13.6
14.4
7.1
9.6
6.4
5.1
4.3
 
%1 %2 %3 %4 %5 %6 %7 %8 %9
Benford's Law Stocks Score: 85
XBRL?   [ original filing ]
Total numbers found: 623

= Typical VCEL range from 2/25/2020 to 11/7/2024
30.4
12.6
12.6
12.6
7.9
9.4
7.5
3.7
3.4
 
%1 %2 %3 %4 %5 %6 %7 %8 %9
Benford's Law Stocks Score: 83
XBRL?   [ original filing ]
Total numbers found: 682

= Typical VCEL range from 2/25/2020 to 11/7/2024
26.2
11.2
14.3
14.3
9.1
9.6
7.5
3.9
3.9
 
%1 %2 %3 %4 %5 %6 %7 %8 %9
Benford's Law Stocks Score: 74
XBRL?   [ original filing ]
Total numbers found: 385

= Typical VCEL range from 2/25/2020 to 11/7/2024
28.1
13.2
14.7
14.0
7.9
7.2
7.2
6.0
1.7
 
%1 %2 %3 %4 %5 %6 %7 %8 %9
Benford's Law Stocks Score: 85
XBRL?   [ original filing ]
Total numbers found: 584

= Typical VCEL range from 2/25/2020 to 11/7/2024
27.5
14.7
15.6
15.2
7.5
5.1
7.0
3.0
4.4
 
%1 %2 %3 %4 %5 %6 %7 %8 %9
Benford's Law Stocks Score: 66
XBRL?   [ original filing ]
Total numbers found: 571

= Typical VCEL range from 2/25/2020 to 11/7/2024
29.3
15.6
11.1
10.7
10.5
6.5
5.7
6.1
4.3
 
%1 %2 %3 %4 %5 %6 %7 %8 %9
Benford's Law Stocks Score: 90
XBRL?   [ original filing ]
Total numbers found: 736

= Typical VCEL range from 2/25/2020 to 11/7/2024
23.7
14.3
10.6
13.6
7.5
11.3
10.1
4.5
4.5
 
%1 %2 %3 %4 %5 %6 %7 %8 %9
Benford's Law Stocks Score: 58
XBRL?   [ original filing ]
Total numbers found: 426

= Typical VCEL range from 2/25/2020 to 11/7/2024
31.0
13.7
11.0
12.0
8.7
6.2
8.2
5.8
3.4
 
%1 %2 %3 %4 %5 %6 %7 %8 %9
Benford's Law Stocks Score: 86
XBRL?   [ original filing ]
Total numbers found: 584

= Typical VCEL range from 2/25/2020 to 11/7/2024
26.8
15.9
12.8
18.4
7.0
8.5
4.9
2.7
2.9
 
%1 %2 %3 %4 %5 %6 %7 %8 %9
Benford's Law Stocks Score: 69
XBRL?   [ original filing ]
Total numbers found: 586

= Typical VCEL range from 2/25/2020 to 11/7/2024
27.9
14.7
11.4
11.3
8.2
9.4
7.3
5.1
4.8
 
%1 %2 %3 %4 %5 %6 %7 %8 %9
Benford's Law Stocks Score: 86
XBRL?   [ original filing ]
Total numbers found: 673

= Typical VCEL range from 2/25/2020 to 11/7/2024
23.1
13.4
14.5
17.5
9.1
6.8
5.9
4.8
5.0
 
%1 %2 %3 %4 %5 %6 %7 %8 %9
Benford's Law Stocks Score: 76
XBRL?   [ original filing ]
Total numbers found: 441

= Typical VCEL range from 2/25/2020 to 11/7/2024
29.4
16.7
9.6
16.1
9.0
5.2
5.0
6.7
2.3
 
%1 %2 %3 %4 %5 %6 %7 %8 %9
Benford's Law Stocks Score: 80
XBRL?   [ original filing ]
Total numbers found: 521

= Typical VCEL range from 2/25/2020 to 11/7/2024
 

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