IAMGold Days Payables Outstanding from 2010 to 2024

IAG Stock  USD 5.50  0.11  2.04%   
IAMGold's Days Payables Outstanding is decreasing over the last several years with slightly volatile swings. Days Payables Outstanding is estimated to finish at 151.83 this year. During the period from 2010 to 2024 IAMGold Days Payables Outstanding regressed destribution of quarterly values had coefficient of variationof  178.34 and r-value of (0.36). View All Fundamentals
 
Days Payables Outstanding  
First Reported
2010-12-31
Previous Quarter
134.32676709
Current Value
151.83
Quarterly Volatility
295.21214393
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check IAMGold financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among IAMGold's main balance sheet or income statement drivers, such as Depreciation And Amortization of 237.8 M, Interest Expense of 20 M or Total Revenue of 774 M, as well as many indicators such as Price To Sales Ratio of 1.17, Dividend Yield of 0.0034 or PTB Ratio of 0.52. IAMGold financial statements analysis is a perfect complement when working with IAMGold Valuation or Volatility modules.
  
Check out the analysis of IAMGold Correlation against competitors.
For more detail on how to invest in IAMGold Stock please use our How to Invest in IAMGold guide.

Latest IAMGold's Days Payables Outstanding Growth Pattern

Below is the plot of the Days Payables Outstanding of IAMGold over the last few years. It is IAMGold's Days Payables Outstanding historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in IAMGold'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  

IAMGold Days Payables Outstanding Regression Statistics

Arithmetic Mean165.53
Geometric Mean102.39
Coefficient Of Variation178.34
Mean Deviation141.63
Median83.95
Standard Deviation295.21
Sample Variance87,150
Range1.2K
R-Value(0.36)
Mean Square Error81,512
R-Squared0.13
Significance0.18
Slope(23.94)
Total Sum of Squares1.2M

IAMGold Days Payables Outstanding History

2024 151.83
2023 134.33
2022 132.38
2021 96.7
2020 90.09
2019 77.68
2018 73.44

About IAMGold Financial Statements

IAMGold stakeholders use historical fundamental indicators, such as IAMGold's Days Payables Outstanding, to determine how well the company is positioned to perform in the future. Although IAMGold investors may analyze each financial statement separately, they are all interrelated. For example, changes in IAMGold's assets and liabilities are reflected in the revenues and expenses on IAMGold'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 IAMGold. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Days Payables Outstanding 134.33  151.83 

Currently Active Assets on Macroaxis

When determining whether IAMGold is a strong investment it is important to analyze IAMGold'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 IAMGold's future performance. For an informed investment choice regarding IAMGold Stock, refer to the following important reports:
Check out the analysis of IAMGold Correlation against competitors.
For more detail on how to invest in IAMGold Stock please use our How to Invest in IAMGold guide.
You can also try the Portfolio Backtesting module to avoid under-diversification and over-optimization by backtesting your portfolios.
Is Metals & Mining 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 IAMGold. If investors know IAMGold 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 IAMGold 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
(0.16)
Earnings Share
1.35
Revenue Per Share
2.824
Quarterly Revenue Growth
0.955
Return On Assets
0.0444
The market value of IAMGold is measured differently than its book value, which is the value of IAMGold that is recorded on the company's balance sheet. Investors also form their own opinion of IAMGold's value that differs from its market value or its book value, called intrinsic value, which is IAMGold'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 IAMGold's market value can be influenced by many factors that don't directly affect IAMGold'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 IAMGold's value and its price as these two are different measures arrived at by different means. Investors typically determine if IAMGold is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, IAMGold'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.