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Kirkland Lake Gold (Kirkland Lake Gold) Change In Inventory : $-122 Mil (TTM As of Sep. 2021)


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What is Kirkland Lake Gold Change In Inventory?

Kirkland Lake Gold's change in inventory for the quarter that ended in Sep. 2021 was $-3 Mil. It means Kirkland Lake Gold's inventory increased by $3 Mil from Jun. 2021 to Sep. 2021 .

Kirkland Lake Gold's change in inventory for the fiscal year that ended in Dec. 2020 was $-50 Mil. It means Kirkland Lake Gold's inventory increased by $50 Mil from Dec. 2019 to Dec. 2020 .

Kirkland Lake Gold's Total Inventories for the quarter that ended in Sep. 2021 was $188 Mil.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Kirkland Lake Gold's Days Inventory for the quarter that ended in Sep. 2021 was 54.37.

Inventory Turnover measures how fast the company turns over its inventory within a year. Kirkland Lake Gold's Inventory Turnover for the quarter that ended in Sep. 2021 was 1.68.

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. Kirkland Lake Gold's Inventory-to-Revenue for the quarter that ended in Sep. 2021 was 0.26.


Kirkland Lake Gold Change In Inventory Historical Data

The historical data trend for Kirkland Lake 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.

* Premium members only.

Kirkland Lake Gold Change In Inventory Chart

Kirkland Lake Gold Annual Data
Trend Apr11 Apr12 Apr13 Apr14 Apr15 Dec16 Dec17 Dec18 Dec19 Dec20
Change In Inventory
Get a 7-Day Free Trial Premium Member Only Premium Member Only 9.59 6.29 -4.94 -3.12 -50.03

Kirkland Lake Gold Quarterly Data
Dec16 Mar17 Jun17 Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21
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 -6.02 -131.51 -0.56 12.78 -3.09

Kirkland Lake 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 Sep. 2021 adds up the quarterly data reported by the company within the most recent 12 months, which was $-122 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.


Kirkland Lake Gold  (NYSE:KL) Change In Inventory Explanation

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

Kirkland Lake 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
=176.3995/296.033*365 / 4
=54.37

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

Kirkland Lake Gold's Inventory Turnover for the quarter that ended in Sep. 2021 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.

Kirkland Lake Gold's Inventory to Revenue for the quarter that ended in Sep. 2021 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.


Kirkland Lake Gold Change In Inventory Related Terms

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Kirkland Lake Gold (Kirkland Lake Gold) Business Description

Traded in Other Exchanges
N/A
Address
200 Bay Street, Suite 2800, Toronto, ON, CAN, M5J 2J1
Kirkland Lake Gold Ltd is a Canada-based gold mining, development, and exploration company with a diversified portfolio of exploration projects. The production profile of the company includes the Macassa mine complex located in northeastern Ontario and the Fosterville gold mine located in the State of Victoria, Australia. Also, the company owns the Holt mine and the Detour mine. The company's mines and material mineral projects are located in Canada and Australia.