Skechers Days Payables Outstanding vs Dividend Yield Analysis

SKX Stock  USD 70.39  1.61  2.24%   
Skechers USA financial indicator trend analysis is much more than just breaking down Skechers USA prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Skechers USA is a good investment. Please check the relationship between Skechers USA Days Payables Outstanding and its Dividend Yield accounts. Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Skechers USA. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in industry.
For more information on how to buy Skechers Stock please use our How to Invest in Skechers USA guide.

Days Payables Outstanding vs Dividend Yield

Days Payables Outstanding vs Dividend Yield Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Skechers USA Days Payables Outstanding account and Dividend Yield. At this time, the significance of the direction appears to have fragmental relationship.
The correlation between Skechers USA's Days Payables Outstanding and Dividend Yield is 0.49. Overlapping area represents the amount of variation of Days Payables Outstanding that can explain the historical movement of Dividend Yield in the same time period over historical financial statements of Skechers USA, assuming nothing else is changed. The correlation between historical values of Skechers USA's Days Payables Outstanding and Dividend Yield is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Days Payables Outstanding of Skechers USA are associated (or correlated) with its Dividend Yield. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Dividend Yield has no effect on the direction of Days Payables Outstanding i.e., Skechers USA's Days Payables Outstanding and Dividend Yield go up and down completely randomly.

Correlation Coefficient

0.49
Relationship DirectionPositive 
Relationship StrengthWeak

Days Payables Outstanding

Dividend Yield

Dividend Yield is Skechers USA dividend as a percentage of Skechers USA stock price. Skechers USA dividend yield is a measure of Skechers USA stock productivity, which can be interpreted as interest rate earned on an Skechers USA investment. A financial ratio that shows how much a company pays out in dividends each year relative to its stock price, calculated as annual dividends per share divided by price per share.
Most indicators from Skechers USA's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Skechers USA 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 Skechers USA. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in industry.
For more information on how to buy Skechers Stock please use our How to Invest in Skechers USA guide.At this time, Skechers USA's Selling General Administrative is fairly stable compared to the past year. Tax Provision is likely to rise to about 158.5 M in 2024, whereas Issuance Of Capital Stock is likely to drop slightly above 6.3 M in 2024.
 2021 2022 2023 2024 (projected)
Total Revenue6.3B7.4B8.0B8.4B
Depreciation And Amortization139.6M153.7M181.9M191.0M

Skechers USA fundamental ratios Correlations

0.930.990.990.980.990.760.990.970.820.990.90.850.990.460.940.960.840.980.980.920.870.240.970.750.52
0.930.90.910.850.970.90.870.840.740.950.860.780.890.291.00.840.90.980.880.960.80.080.920.870.69
0.990.90.990.980.970.730.990.980.790.970.850.830.990.420.90.970.780.960.980.90.890.190.950.690.45
0.990.910.990.980.970.740.980.980.80.970.870.830.990.470.910.970.80.970.980.910.870.240.950.70.46
0.980.850.980.980.950.661.00.980.810.960.870.830.990.520.860.970.770.930.980.860.860.310.950.660.41
0.990.970.970.970.950.840.960.930.761.00.860.790.960.380.960.930.850.990.940.960.860.140.980.760.54
0.760.90.730.740.660.840.680.620.380.840.650.430.70.030.880.690.760.830.650.920.58-0.120.770.690.55
0.990.870.990.981.00.960.680.970.80.970.850.820.980.460.870.970.770.940.970.880.880.230.970.660.41
0.970.840.980.980.980.930.620.970.840.930.870.870.990.570.850.970.760.930.990.830.850.360.90.650.42
0.820.740.790.80.810.760.380.80.840.750.841.00.810.580.780.730.750.810.880.620.820.350.770.790.62
0.990.950.970.970.961.00.840.970.930.750.850.780.960.370.950.930.850.980.940.960.860.140.980.740.51
0.90.860.850.870.870.860.650.850.870.840.850.860.880.50.890.880.820.90.910.760.670.430.80.840.71
0.850.780.830.830.830.790.430.820.871.00.780.860.840.570.810.760.770.840.90.660.840.340.790.80.63
0.990.890.990.990.990.960.70.980.990.810.960.880.840.510.890.980.780.960.990.880.860.290.940.680.45
0.460.290.420.470.520.380.030.460.570.580.370.50.570.510.320.510.40.390.560.220.280.880.340.260.24
0.941.00.90.910.860.960.880.870.850.780.950.890.810.890.320.840.910.980.890.940.810.120.910.890.72
0.960.840.970.970.970.930.690.970.970.730.930.880.760.980.510.840.730.920.970.850.760.360.890.620.39
0.840.90.780.80.770.850.760.770.760.750.850.820.770.780.40.910.730.880.80.810.690.280.790.860.76
0.980.980.960.970.930.990.830.940.930.810.980.90.840.960.390.980.920.880.950.950.850.180.950.820.62
0.980.880.980.980.980.940.650.970.990.880.940.910.90.990.560.890.970.80.950.840.860.350.920.730.51
0.920.960.90.910.860.960.920.880.830.620.960.760.660.880.220.940.850.810.950.840.78-0.010.930.720.49
0.870.80.890.870.860.860.580.880.850.820.860.670.840.860.280.810.760.690.850.860.78-0.070.910.650.4
0.240.080.190.240.310.14-0.120.230.360.350.140.430.340.290.880.120.360.280.180.35-0.01-0.070.060.140.2
0.970.920.950.950.950.980.770.970.90.770.980.80.790.940.340.910.890.790.950.920.930.910.060.710.46
0.750.870.690.70.660.760.690.660.650.790.740.840.80.680.260.890.620.860.820.730.720.650.140.710.93
0.520.690.450.460.410.540.550.410.420.620.510.710.630.450.240.720.390.760.620.510.490.40.20.460.93
Click cells to compare fundamentals

Skechers USA Account Relationship Matchups

Skechers USA fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets4.9B5.8B6.5B6.9B7.5B7.9B
Short Long Term Debt Total1.3B2.0B1.7B1.6B1.7B1.8B
Other Current Liab210.2M208.7M265.4M294.1M320.1M336.1M
Total Current Liabilities1.2B1.2B1.4B1.6B1.7B1.7B
Total Stockholder Equity2.3B2.5B3.3B3.6B4.0B4.2B
Property Plant And Equipment Net1.8B2.1B2.4B2.5B2.8B2.9B
Net Debt453.5M633.6M865.7M1.0B493.9M518.6M
Retained Earnings2.0B2.1B2.9B3.3B3.8B4.0B
Accounts Payable764.8M744.1M876.3M957.4M1.0B1.1B
Cash824.9M1.4B796.3M615.7M1.2B1.2B
Non Current Assets Total2.1B2.5B3.1B3.2B3.6B3.8B
Non Currrent Assets Other45.7M95.3M75.1M83.1M69.9M73.4M
Cash And Short Term Investments936.9M1.5B894.9M717.9M1.3B1.3B
Net Receivables699.2M689.0M812.8M934.3M942.6M989.7M
Common Stock Shares Outstanding154.2M154.9M156.8M156.6M156.3M152.8M
Liabilities And Stockholders Equity4.9B5.8B6.5B6.9B7.5B7.9B
Non Current Liabilities Total1.1B1.9B1.5B1.4B1.5B1.6B
Inventory1.1B1.0B1.5B1.8B1.5B1.6B
Other Current Assets113.6M312.4M320.1M176.0M222.1M233.2M
Total Liab2.4B3.1B2.9B3.0B3.1B3.3B
Total Current Assets2.8B3.3B3.4B3.6B4.0B4.2B
Short Term Debt263.2M259.9M303.8M361.5M332.8M349.4M
Other Stockholder Equity306.7M372.2M429.6M403.8M295.8M296.5M
Property Plant And Equipment Gross1.8B2.1B2.4B2.5B3.7B3.9B
Accumulated Other Comprehensive Income(30.0M)(27.3M)(48.3M)(84.9M)(73.4M)(69.7M)
Other Assets194.7M1.4B526.5M537.3M617.9M648.8M
Long Term Debt49.2M679.4M263.4M216.5M242.9M128.6M
Property Plant Equipment738.9M935.4M2.4B2.5B2.9B3.1B
Short Term Investments112.0M100.8M98.6M102.2M72.6M53.7M
Net Tangible Assets2.3B2.4B3.2B3.5B4.0B2.0B
Noncontrolling Interest In Consolidated Entity154.3M221.4M244.2M282.7M325.1M341.4M
Retained Earnings Total Equity1.7B2.0B2.1B2.9B3.3B3.5B
Long Term Debt Total49.2M679.4M263.4M216.5M249.0M168.7M
Capital Surpluse306.7M372.2M429.6M403.8M464.4M412.6M

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