Pan Inventory Turnover vs Pb Ratio Analysis

PAAS Stock  USD 23.95  0.83  3.59%   
Pan American financial indicator trend analysis is much more than just breaking down Pan American Silver prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Pan American Silver is a good investment. Please check the relationship between Pan American Inventory Turnover and its Pb Ratio accounts. Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Pan American Silver. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in nation.

Inventory Turnover vs Pb Ratio

Inventory Turnover vs Pb Ratio Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Pan American Silver Inventory Turnover account and Pb Ratio. At this time, the significance of the direction appears to have no relationship.
The correlation between Pan American's Inventory Turnover and Pb Ratio is 0.06. Overlapping area represents the amount of variation of Inventory Turnover that can explain the historical movement of Pb Ratio in the same time period over historical financial statements of Pan American Silver, assuming nothing else is changed. The correlation between historical values of Pan American's Inventory Turnover and Pb Ratio is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Inventory Turnover of Pan American Silver are associated (or correlated) with its Pb Ratio. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Pb Ratio has no effect on the direction of Inventory Turnover i.e., Pan American's Inventory Turnover and Pb Ratio go up and down completely randomly.

Correlation Coefficient

0.06
Relationship DirectionPositive 
Relationship StrengthInsignificant

Inventory Turnover

A ratio showing how many times a company's inventory is sold and replaced over a period, indicating the efficiency of inventory management.

Pb Ratio

Most indicators from Pan American's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Pan American Silver current financial condition. On the other hand, looking into the entire matrix of fundamental ratios indicators, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Pan American Silver. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in nation.
At this time, Pan American's Selling General Administrative is comparatively stable compared to the past year. Tax Provision is likely to gain to about 64.6 M in 2024, whereas Issuance Of Capital Stock is likely to drop slightly above 133 K in 2024.
 2021 2022 2023 2024 (projected)
Cost Of Revenue1.3B1.4B2.1B2.2B
Other Operating Expenses1.3B1.6B2.3B2.4B

Pan American fundamental ratios Correlations

0.950.820.960.940.940.72-0.670.710.660.940.90.420.90.920.970.9-0.20.940.91-0.230.840.870.170.830.83
0.950.870.960.991.00.74-0.460.620.81.00.940.560.810.970.950.93-0.10.980.95-0.150.920.750.060.790.91
0.820.870.910.870.850.59-0.360.260.670.860.860.430.680.820.920.75-0.190.850.85-0.190.740.680.050.820.71
0.960.960.910.940.960.74-0.570.560.690.960.950.420.810.930.990.93-0.090.960.91-0.270.870.860.180.890.85
0.940.990.870.940.980.67-0.390.60.840.990.920.630.820.940.940.92-0.090.960.97-0.070.870.730.080.770.86
0.941.00.850.960.980.78-0.480.640.781.00.940.520.780.990.950.94-0.110.990.92-0.20.940.750.050.790.93
0.720.740.590.740.670.78-0.640.670.310.770.810.020.550.860.710.71-0.160.840.53-0.450.920.65-0.030.680.92
-0.67-0.46-0.36-0.57-0.39-0.48-0.64-0.66-0.02-0.48-0.460.29-0.55-0.54-0.59-0.450.47-0.55-0.320.62-0.52-0.72-0.11-0.51-0.52
0.710.620.260.560.60.640.67-0.660.350.630.580.220.760.660.570.6-0.160.650.56-0.110.680.570.080.420.68
0.660.80.670.690.840.780.31-0.020.350.780.650.870.560.720.680.730.130.720.870.160.650.36-0.130.40.64
0.941.00.860.960.991.00.77-0.480.630.780.940.520.790.980.950.93-0.120.990.93-0.20.930.760.060.80.93
0.90.940.860.950.920.940.81-0.460.580.650.940.410.780.930.930.89-0.030.950.87-0.20.910.790.230.90.89
0.420.560.430.420.630.520.020.290.220.870.520.410.460.430.40.470.350.430.740.620.370.04-0.170.130.35
0.90.810.680.810.820.780.55-0.550.760.560.790.780.460.740.840.71-0.160.770.860.030.670.730.150.690.65
0.920.970.820.930.940.990.86-0.540.660.720.980.930.430.740.920.91-0.131.00.86-0.290.980.74-0.010.770.98
0.970.950.920.990.940.950.71-0.590.570.680.950.930.40.840.920.88-0.210.950.91-0.280.840.860.180.890.83
0.90.930.750.930.920.940.71-0.450.60.730.930.890.470.710.910.880.110.930.85-0.220.860.810.230.80.86
-0.2-0.1-0.19-0.09-0.09-0.11-0.160.47-0.160.13-0.12-0.030.35-0.16-0.13-0.210.11-0.12-0.010.49-0.07-0.190.06-0.12-0.08
0.940.980.850.960.960.990.84-0.550.650.720.990.950.430.771.00.950.93-0.120.88-0.290.960.780.030.810.96
0.910.950.850.910.970.920.53-0.320.560.870.930.870.740.860.860.910.85-0.010.880.090.780.660.060.70.76
-0.23-0.15-0.19-0.27-0.07-0.2-0.450.62-0.110.16-0.2-0.20.620.03-0.29-0.28-0.220.49-0.290.09-0.3-0.5-0.15-0.37-0.32
0.840.920.740.870.870.940.92-0.520.680.650.930.910.370.670.980.840.86-0.070.960.78-0.30.66-0.080.711.0
0.870.750.680.860.730.750.65-0.720.570.360.760.790.040.730.740.860.81-0.190.780.66-0.50.660.510.920.66
0.170.060.050.180.080.05-0.03-0.110.08-0.130.060.23-0.170.15-0.010.180.230.060.030.06-0.15-0.080.510.51-0.08
0.830.790.820.890.770.790.68-0.510.420.40.80.90.130.690.770.890.8-0.120.810.7-0.370.710.920.510.7
0.830.910.710.850.860.930.92-0.520.680.640.930.890.350.650.980.830.86-0.080.960.76-0.321.00.66-0.080.7
Click cells to compare fundamentals

Pan American Account Relationship Matchups

Pan American fundamental ratios Accounts

201920202021202220232024 (projected)
Common Stock Shares Outstanding201.6M210.3M210.4M210.5M326.5M342.9M
Total Assets3.5B3.4B3.5B3.2B7.2B7.6B
Other Current Liab32.1M181.9M208.1M218.4M301M316.1M
Total Current Liabilities271.7M361.8M387.7M380.8M624.2M655.4M
Total Stockholder Equity2.5B2.6B2.6B2.2B4.8B5.0B
Property Plant And Equipment Net2.5B2.4B2.3B2.2B5.7B6.0B
Net Debt195.6M(133.5M)(237.7M)119.8M402M422.1M
Retained Earnings(754.7M)(623.0M)(598.0M)(1.0B)(1.3B)(1.2B)
Accounts Payable225.3M80.3M77.5M88.8M198.2M208.1M
Cash120.6M167.1M283.6M107.0M399.6M419.6M
Non Current Assets Total2.7B2.6B2.5B2.4B5.8B6.1B
Non Currrent Assets Other42.1M28.4M35.5M35.9M67.6M71.0M
Cash And Short Term Investments238.3M279.1M335.3M142.3M440.9M462.9M
Net Receivables186.0M149.8M148.4M176.6M200.9M210.9M
Liabilities And Stockholders Equity3.5B3.4B3.5B3.2B7.2B7.6B
Non Current Liabilities Total722.2M466.3M494.9M666.0M1.8B1.9B
Inventory346.5M406.2M500.5M471.6M711.6M747.2M
Other Current Assets16.8M21.9M17.0M13.9M36.6M38.4M
Other Stockholder Equity94.3M93.4M126.4K93.3M94M89.3M
Total Liab993.8M828.0M882.6M1.0B2.4B2.6B
Total Current Assets788.9M856.9M1.0B804.4M1.4B1.5B
Accumulated Other Comprehensive Income(2.7B)93.4M93.2M(3.0M)(30.3M)(31.8M)
Short Term Investments117.8M111.9M51.7M35.3M41.3M39.2M
Short Long Term Debt Total316.2M33.6M45.9M226.8M801.6M841.7M
Other Liab399.4M424.8M442.3M445.7M512.6M538.2M
Other Assets80.5M87.6M91.4M91.7M105.5M110.8M
Short Term Debt14.2M12.8M10.7M27.3M52.4M55.0M
Common Stock3.1B3.1B3.1B3.1B6.0B6.3B
Property Plant Equipment2.5B2.4B2.3B2.2B2.6B2.7B
Common Stock Total Equity2.3B2.3B3.1B3.1B3.6B2.7B
Net Tangible Assets2.5B2.6B2.6B2.2B2.5B2.1B
Long Term Investments70.6M84.3M71.6M78.7M123.3M0.0

Thematic Opportunities

Explore Investment Opportunities

Build portfolios using Macroaxis predefined set of investing ideas. Many of Macroaxis investing ideas can easily outperform a given market. Ideas can also be optimized per your risk profile before portfolio origination is invoked. Macroaxis thematic optimization helps investors identify companies most likely to benefit from changes or shifts in various micro-economic or local macro-level trends. Originating optimal thematic portfolios involves aligning investors' personal views, ideas, and beliefs with their actual investments.
Explore Investing Ideas  

Additional Tools for Pan Stock Analysis

When running Pan American's price analysis, check to measure Pan American'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 Pan American is operating at the current time. Most of Pan American's value examination focuses on studying past and present price action to predict the probability of Pan American's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Pan American's price. Additionally, you may evaluate how the addition of Pan American to your portfolios can decrease your overall portfolio volatility.