Sibanye Inventory Turnover vs Payout Ratio Analysis

SBSW Stock  USD 4.07  0.15  3.55%   
Sibanye Gold financial indicator trend analysis is much more than just breaking down Sibanye Gold prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Sibanye Gold is a good investment. Please check the relationship between Sibanye Gold Inventory Turnover and its Payout Ratio accounts. Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Sibanye Gold Ltd. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in state.

Inventory Turnover vs Payout Ratio

Inventory Turnover vs Payout Ratio Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Sibanye Gold Inventory Turnover account and Payout Ratio. At this time, the significance of the direction appears to have weak relationship.
The correlation between Sibanye Gold's Inventory Turnover and Payout Ratio is 0.31. Overlapping area represents the amount of variation of Inventory Turnover that can explain the historical movement of Payout Ratio in the same time period over historical financial statements of Sibanye Gold Ltd, assuming nothing else is changed. The correlation between historical values of Sibanye Gold's Inventory Turnover and Payout 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 Sibanye Gold Ltd are associated (or correlated) with its Payout Ratio. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Payout Ratio has no effect on the direction of Inventory Turnover i.e., Sibanye Gold's Inventory Turnover and Payout Ratio go up and down completely randomly.

Correlation Coefficient

0.31
Relationship DirectionPositive 
Relationship StrengthVery Weak

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.

Payout Ratio

Payout Ratio is the proportion of Sibanye Gold Ltd earnings paid out as dividends to shareholders. Payout Ratio is typically expressed as a percentage but can be shown as dividends paid out as a proportion of cash flow. The payout ratio is used to determine the sustainability of Sibanye Gold dividend payments. A lower payout ratio is generally preferable to a higher payout ratio, with a ratio greater than 100% indicating Sibanye Gold is paying out more in dividends than it makes in net income.
Most indicators from Sibanye Gold's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Sibanye Gold 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 World Market Map to better understand how to build diversified portfolios, which includes a position in Sibanye Gold Ltd. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in state.
Selling General Administrative is likely to climb to about 364.6 M in 2024, despite the fact that Tax Provision is likely to grow to (2.3 B).
 2021 2022 2023 2024 (projected)
Gross Profit60.2B34.8B12.8B15.0B
Total Revenue172.2B138.3B113.7B68.2B

Sibanye Gold fundamental ratios Correlations

0.98-0.310.390.910.970.110.640.880.820.970.770.820.910.950.890.520.580.920.650.870.76-0.270.850.310.47
0.98-0.250.420.940.970.010.740.890.870.980.730.870.920.930.910.650.640.920.640.910.73-0.260.760.280.34
-0.31-0.250.71-0.4-0.35-0.18-0.2-0.420.05-0.35-0.740.05-0.34-0.340.0-0.110.3-0.030.140.0-0.010.51-0.540.31-0.4
0.390.420.710.220.340.080.150.190.650.35-0.120.650.350.360.640.260.770.590.740.650.660.20.140.710.02
0.910.94-0.40.220.89-0.190.870.890.850.910.820.860.840.810.860.680.550.740.510.870.56-0.260.670.130.19
0.970.97-0.350.340.890.20.630.90.761.00.750.760.920.980.840.610.560.920.620.830.77-0.350.860.280.52
0.110.01-0.180.08-0.190.2-0.59-0.05-0.180.150.12-0.180.220.33-0.03-0.190.010.240.4-0.050.55-0.430.530.50.76
0.640.74-0.20.150.870.63-0.590.760.740.670.510.740.590.490.660.680.390.480.190.690.19-0.10.27-0.17-0.22
0.880.89-0.420.190.890.9-0.050.760.710.920.710.710.840.860.770.540.420.770.370.760.55-0.320.72-0.030.44
0.820.870.050.650.850.76-0.180.740.710.790.561.00.740.70.960.610.80.750.770.990.72-0.070.510.490.04
0.970.98-0.350.350.911.00.150.670.920.790.750.790.930.970.850.630.570.910.610.850.76-0.340.840.260.48
0.770.73-0.74-0.120.820.750.120.510.710.560.750.560.70.710.630.450.310.510.450.620.51-0.40.80.150.41
0.820.870.050.650.860.76-0.180.740.711.00.790.560.750.70.960.610.80.750.770.990.72-0.080.510.490.04
0.910.92-0.340.350.840.920.220.590.840.740.930.70.750.920.770.50.470.870.630.80.77-0.540.810.340.41
0.950.93-0.340.360.810.980.330.490.860.70.970.710.70.920.80.510.530.950.630.780.81-0.370.890.310.63
0.890.910.00.640.860.84-0.030.660.770.960.850.630.960.770.80.590.840.830.80.990.79-0.080.630.490.26
0.520.65-0.110.260.680.61-0.190.680.540.610.630.450.610.50.510.590.640.520.380.60.37-0.030.260.12-0.11
0.580.640.30.770.550.560.010.390.420.80.570.310.80.470.530.840.640.640.780.820.690.220.280.640.09
0.920.92-0.030.590.740.920.240.480.770.750.910.510.750.870.950.830.520.640.680.820.82-0.210.750.40.49
0.650.640.140.740.510.620.40.190.370.770.610.450.770.630.630.80.380.780.680.810.94-0.180.610.890.31
0.870.910.00.650.870.83-0.050.690.760.990.850.620.990.80.780.990.60.820.820.810.79-0.130.610.520.19
0.760.73-0.010.660.560.770.550.190.550.720.760.510.720.770.810.790.370.690.820.940.79-0.340.770.780.56
-0.27-0.260.510.2-0.26-0.35-0.43-0.1-0.32-0.07-0.34-0.4-0.08-0.54-0.37-0.08-0.030.22-0.21-0.18-0.13-0.34-0.5-0.06-0.33
0.850.76-0.540.140.670.860.530.270.720.510.840.80.510.810.890.630.260.280.750.610.610.77-0.50.350.75
0.310.280.310.710.130.280.5-0.17-0.030.490.260.150.490.340.310.490.120.640.40.890.520.78-0.060.350.19
0.470.34-0.40.020.190.520.76-0.220.440.040.480.410.040.410.630.26-0.110.090.490.310.190.56-0.330.750.19
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Sibanye Gold Account Relationship Matchups

Sibanye Gold fundamental ratios Accounts

201920202021202220232024 (projected)
Common Stock Shares Outstanding644.7M694.5M731.8M707.7M707.6M536.1M
Total Assets101.1B134.1B153.0B166.6B142.9B86.3B
Other Current Liab1.4B3.2B5.0B4.3B16.1B17.0B
Total Current Liabilities14.3B17.5B20.5B20.2B36.4B38.2B
Total Stockholder Equity31.1B70.7B81.3B91.0B48.7B34.7B
Property Plant And Equipment Net57.8B60.9B62.7B77.2B61.9B46.6B
Net Debt18.5B(1.5B)(9.7B)(3.0B)15.5B16.2B
Retained Earnings(15.4B)12.8B28.0B33.8B(8.5B)(8.0B)
Accounts Payable11.5B13.2B15.2B15.7B4.3B6.9B
Cash5.6B20.2B30.3B26.1B25.6B26.8B
Non Current Assets Total74.9B81.9B88.2B105.9B81.1B59.9B
Non Currrent Assets Other683.5M821.3M651M798M523M311.8M
Cash And Short Term Investments5.6B20.2B30.3B26.1B25.6B26.8B
Net Receivables5.0B7.1B9.2B8.3B8.7B5.3B
Liabilities And Stockholders Equity101.1B134.1B153.0B166.6B142.9B86.3B
Non Current Liabilities Total55.6B45.9B51.1B55.4B54.9B34.9B
Inventory15.5B25.0B25.1B26.4B26.4B27.7B
Other Current Assets442.9M368.8M615M2.5B999M599.7M
Other Stockholder Equity1.5B2.2B1.4B2.9B3.3B3.5B
Total Liab69.9B63.4B71.6B75.6B91.3B51.3B
Property Plant And Equipment Gross57.8B60.9B62.7B77.2B177.6B186.5B
Total Current Assets26.2B52.2B64.8B60.8B61.8B64.9B
Accumulated Other Comprehensive Income4.4B25.6B30.3B32.7B35.6B37.3B
Short Long Term Debt Total24.1B18.7B20.6B23.0B41.0B43.1B
Current Deferred Revenue1.3B66.9M156M21M305M320.3M
Short Term Debt148.3M989.2M211M233M15.7B16.5B
Good Will6.9B7.2B7.7B8.2B499M474.1M
Short Term Investments(8.0B)(9.8B)(13.6B)(14.5B)(5.9B)(6.2B)
Other Assets5.6B7.3B6.8B8.5B9.8B5.9B
Long Term Debt23.7B17.5B20.2B22.6B24.9B19.7B
Property Plant Equipment57.8B60.9B62.7B77.2B88.8B56.9B
Other Liab31.6B28.2B30.7B32.6B37.5B28.4B
Net Tangible Assets22.8B61.3B72.2B79.8B91.7B96.3B
Capital Lease Obligations382.8M326.8M281M319M582M611.1M
Long Term Investments9.2B11.4B16.2B17.1B16.3B12.2B
Short Long Term Debt38.3M885.6M107M122M15.5B16.3B
Net Invested Capital53.4B18.4B20.3B22.7B89.2B47.4B

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