Gold Payables Turnover from 2010 to 2024

GFI Stock  USD 15.24  0.17  1.13%   
Gold Fields' Payables Turnover is increasing with slightly volatile movements from year to year. Payables Turnover is estimated to finish at 18.58 this year. Payables Turnover is a liquidity ratio that shows how quickly Gold Fields Ltd pays off its suppliers by dividing total purchases by average accounts payable. View All Fundamentals
 
Payables Turnover  
First Reported
2010-12-31
Previous Quarter
17.69715698
Current Value
18.58
Quarterly Volatility
6.15742418
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Gold Fields financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Gold Fields' main balance sheet or income statement drivers, such as Depreciation And Amortization of 835.1 M, Interest Expense of 115.2 M or Total Revenue of 2.3 B, as well as many indicators such as Price To Sales Ratio of 1.58, Dividend Yield of 0.0443 or PTB Ratio of 3.03. Gold financial statements analysis is a perfect complement when working with Gold Fields Valuation or Volatility modules.
  
Check out the analysis of Gold Fields Correlation against competitors.

Latest Gold Fields' Payables Turnover Growth Pattern

Below is the plot of the Payables Turnover of Gold Fields Ltd over the last few years. It is a liquidity ratio that shows how quickly a company pays off its suppliers by dividing total purchases by average accounts payable. Gold Fields' Payables Turnover historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Gold Fields' overall financial position and show how it may be relating to other accounts over time.
Payables Turnover10 Years Trend
Slightly volatile
   Payables Turnover   
       Timeline  

Gold Payables Turnover Regression Statistics

Arithmetic Mean15.47
Geometric Mean14.55
Coefficient Of Variation39.81
Mean Deviation4.01
Median14.72
Standard Deviation6.16
Sample Variance37.91
Range25.629
R-Value0.43
Mean Square Error33.16
R-Squared0.19
Significance0.11
Slope0.60
Total Sum of Squares530.79

Gold Payables Turnover History

2024 18.58
2023 17.7
2022 20.42
2021 14.39
2020 16.91
2019 14.72
2018 33.82

About Gold Fields Financial Statements

Investors use fundamental indicators, such as Gold Fields' Payables Turnover, to determine how well the company is positioned to perform in the future. Although Gold Fields' investors may analyze each financial statement separately, they are all interrelated. Understanding these patterns can help investors make the right trading decisions.
Last ReportedProjected for Next Year
Payables Turnover 17.70  18.58 

Currently Active Assets on Macroaxis

When determining whether Gold Fields offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Gold Fields' financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Gold Fields Ltd Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Gold Fields Ltd Stock:
Check out the analysis of Gold Fields Correlation against competitors.
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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 Gold Fields. If investors know Gold 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 Gold Fields 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
(0.15)
Dividend Share
0.399
Earnings Share
0.71
Revenue Per Share
2.437
Quarterly Revenue Growth
(0.06)
The market value of Gold Fields is measured differently than its book value, which is the value of Gold that is recorded on the company's balance sheet. Investors also form their own opinion of Gold Fields' value that differs from its market value or its book value, called intrinsic value, which is Gold Fields' 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 Gold Fields' market value can be influenced by many factors that don't directly affect Gold Fields' 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 Gold Fields' value and its price as these two are different measures arrived at by different means. Investors typically determine if Gold Fields is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Gold Fields' 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.