Eldorado Gold (Eldorado Gold) Change In Inventory : $-35 Mil (TTM As of Dec. 2023)

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What is Eldorado Gold Change In Inventory?

Eldorado Gold's change in inventory for the quarter that ended in Dec. 2023 was $-4 Mil. It means Eldorado Gold's inventory increased by $4 Mil from Sep. 2023 to Dec. 2023 .

Eldorado Gold's change in inventory for the fiscal year that ended in Dec. 2023 was $-34 Mil. It means Eldorado Gold's inventory increased by $34 Mil from Dec. 2022 to Dec. 2023 .

Eldorado Gold's Total Inventories for the quarter that ended in Dec. 2023 was $236 Mil.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Eldorado Gold's Days Inventory for the quarter that ended in Dec. 2023 was 104.44.

Inventory Turnover measures how fast the company turns over its inventory within a year. Eldorado Gold's Inventory Turnover for the quarter that ended in Dec. 2023 was 0.87.

Inventory-to-Revenue determines the ability of a company to manage their inventory levels. It measures the percentage of Inventories the company currently has on hand to support the current amount of Revenue. Eldorado Gold's Inventory-to-Revenue for the quarter that ended in Dec. 2023 was 0.78.

Eldorado Gold Change In Inventory Historical Data

The historical data trend for Eldorado Gold's Change In Inventory can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

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Eldorado Gold Change In Inventory Chart

Eldorado Gold Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Change In Inventory

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-16.41

-3.21

-15.67

-20.55

-33.57

Eldorado Gold Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Change In Inventory	Get a 7-Day Free Trial															-3.29	-14.39	-13.52	-3.00	-3.98

Eldorado Gold Change In Inventory Calculation

Change In Inventory is the difference between last period's ending inventory and the current period's ending inventory.

Change In Inventory for the trailing twelve months (TTM) ended in Dec. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was $-35 Mil.

Eldorado Gold (NYSE:EGO) Change In Inventory Explanation

1. Days Inventory indicates the number of days of goods in sales that a company has in the inventory.

Eldorado Gold's Days Inventory for the quarter that ended in is calculated as:

Days Inventory	=	Average Total Inventories	/	Cost of Goods Sold	*	Days in Period
	=	236.2765	/	206.437	*	365 / 4
	=	104.44

2. Inventory Turnover measures how fast the company turns over its inventory within a year.

Eldorado Gold's Inventory Turnover for the quarter that ended in Dec. 2023 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	206.437	/	236.2765
	=	0.87

3. Inventory-to-Revenue determines the ability of a company to manage their inventory levels. It measures the percentage of Inventories the company currently has on hand to support the current amount of Revenue.

Eldorado Gold's Inventory to Revenue for the quarter that ended in Dec. 2023 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	236.2765	/	300.998
	=	0.78

Eldorado Gold Change In Inventory Related Terms

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Eldorado Gold (Eldorado Gold) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Eldorado Gold Corp (NYSE:EGO) » Definitions » Change In Inventory

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ELO1:Germany ELD:Canada

Address

550 Burrard Street, Suite 1188, Bentall 5, Vancouver, BC, CAN, V6C 2B5

Website

https://www.eldoradogold.com

Eldorado Gold Corp is a gold and base metals producer with mining, development, and exploration operations in Turkey, Canada, Greece and Romania. It has a portfolio of high-quality assets and long-term partnerships with local communities. Some of its projects include Kisladag, Efemcukuru, Skouries; Perama Hill, and Certej projects.