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Goldcorp (Goldcorp) Change In Inventory : $-39 Mil (TTM As of Dec. 2018)


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What is Goldcorp Change In Inventory?

Goldcorp's change in inventory for the quarter that ended in Dec. 2018 was $-74 Mil. It means Goldcorp's inventory increased by $74 Mil from Sep. 2018 to Dec. 2018 .

Goldcorp's change in inventory for the fiscal year that ended in Dec. 2018 was $-39 Mil. It means Goldcorp's inventory increased by $39 Mil from Dec. 2017 to Dec. 2018 .

Goldcorp's Total Inventories for the quarter that ended in Dec. 2018 was $491 Mil.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Goldcorp's Days Inventory for the quarter that ended in Dec. 2018 was 55.99.

Inventory Turnover measures how fast the company turns over its inventory within a year. Goldcorp's Inventory Turnover for the quarter that ended in Dec. 2018 was 1.63.

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. Goldcorp's Inventory-to-Revenue for the quarter that ended in Dec. 2018 was 0.57.


Goldcorp Change In Inventory Historical Data

The historical data trend for Goldcorp'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.

* Premium members only.

Goldcorp Change In Inventory Chart

Goldcorp Annual Data
Trend Dec09 Dec10 Dec11 Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18
Change In Inventory
Get a 7-Day Free Trial Premium Member Only Premium Member Only -192.00 74.00 18.00 -57.00 -39.00

Goldcorp Quarterly Data
Mar14 Jun14 Sep14 Dec14 Mar15 Jun15 Sep15 Dec15 Mar16 Jun16 Sep16 Dec16 Mar17 Jun17 Sep17 Dec17 Mar18 Jun18 Sep18 Dec18
Change In Inventory Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only -23.00 3.00 12.00 20.00 -74.00

Goldcorp 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. 2018 adds up the quarterly data reported by the company within the most recent 12 months, which was $-39 Mil.

* 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.


Goldcorp  (NYSE:GG) Change In Inventory Explanation

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

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

Days Inventory=Average Total Inventories/Cost of Goods Sold*Days in Period
=437.5/713*365 / 4
=55.99

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

Goldcorp's Inventory Turnover for the quarter that ended in Dec. 2018 is calculated as

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.

Goldcorp's Inventory to Revenue for the quarter that ended in Dec. 2018 is calculated as

* 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.


Goldcorp Change In Inventory Related Terms

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Goldcorp (Goldcorp) Business Description

Traded in Other Exchanges
N/A
Address
666 Burrard Street, Suite 3400, Park Place, Vancouver, BC, CAN, V6C 2X8
Goldcorp is a senior gold mining company with operations in Canada, the United States, Mexico, and Latin America. It produced roughly 2.3 million ounces of gold in 2018. Goldcorp has historically focused on stable mining jurisdictions in North and South America while targeting rapid production growth through internal development and acquisitions. As of Dec. 31, 2018, Goldcorp had 52.8 million ounces of proven and probable gold reserves.