IAMGold Accounts Payable from 2010 to 2024

IAG Stock  USD 5.70  0.13  2.33%   
IAMGold's Accounts Payable is increasing over the last several years with slightly volatile swings. Accounts Payable is estimated to finish at about 333.5 M this year. Accounts Payable is the amount IAMGold owes to suppliers or vendors for products or services received but not yet paid for. It represents IAMGold's short-term liabilities. View All Fundamentals
 
Accounts Payable  
First Reported
1996-09-30
Previous Quarter
244.2 M
Current Value
270.9 M
Quarterly Volatility
102.5 M
 
Dot-com Bubble
 
Housing Crash
 
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 232.8 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 Accounts Payable Growth Pattern

Below is the plot of the Accounts Payable of IAMGold over the last few years. An accounting item on the balance sheet that represents IAMGold 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 IAMGold 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. IAMGold's Accounts Payable 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.
Accounts Payable10 Years Trend
Slightly volatile
   Accounts Payable   
       Timeline  

IAMGold Accounts Payable Regression Statistics

Arithmetic Mean214,882,033
Geometric Mean173,520,332
Coefficient Of Variation38.66
Mean Deviation60,971,707
Median205,951,000
Standard Deviation83,078,784
Sample Variance6902.1T
Range328.1M
R-Value0.78
Mean Square Error2934T
R-Squared0.61
Significance0.0006
Slope14,452,706
Total Sum of Squares96629.2T

IAMGold Accounts Payable History

2024333.5 M
2023317.6 M
2022294.1 M
2021304.4 M
2020244.7 M
2019211.9 M
2018196 M

About IAMGold Financial Statements

IAMGold stakeholders use historical fundamental indicators, such as IAMGold's Accounts Payable, 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
Accounts Payable317.6 M333.5 M

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 Sign In To Macroaxis module to sign in to explore Macroaxis' wealth optimization platform and fintech modules.
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.