Switch to:

Kirkland Lake Gold Days Inventory

: 46.38 (As of Jun. 2020)
View and export this data going back to 2010. Start your Free Trial

Kirkland Lake Gold's Total Inventories for the three months ended in Jun. 2020 was $124 Mil. Kirkland Lake Gold's Cost of Goods Sold for the three months ended in Jun. 2020 was $243 Mil. Hence, Kirkland Lake Gold's Days Inventory for the three months ended in Jun. 2020 was 46.38.

NYSE:KL' s Days Inventory Range Over the Past 10 Years
Min: 33.24   Med: 35.68   Max: 56.54
Current: 35.26

33.24
56.54

During the past 13 years, Kirkland Lake Gold's highest Days Inventory was 56.54. The lowest was 33.24. And the median was 35.68.

NYSE:KL's Days Inventory is ranked higher than
86% of the 637 Companies
in the Metals & Mining industry.

( Industry Median: 81.60 vs. NYSE:KL: 35.26 )

Kirkland Lake Gold's Days Inventory increased from Jun. 2019 (37.00) to Jun. 2020 (46.38). It might indicate that Kirkland Lake Gold's sales slowed down.

Total Inventories can be measured by Days Sales of Inventory (DSI).

Inventory Turnover measures how fast the company turns over its inventory within a year. Kirkland Lake Gold's Inventory Turnover for the three months ended in Jun. 2020 was 1.97.

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 three months ended in Jun. 2020 was 0.21.


Kirkland Lake Gold Days Inventory Historical Data

* All numbers are in millions except for per share data and ratio. All numbers are in their local exchange's currency.

* Premium members only.

Kirkland Lake Gold Annual Data
Apr10 Apr11 Apr12 Apr13 Apr14 Apr15 Dec16 Dec17 Dec18 Dec19
Days Inventory Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 36.11 36.80 32.79 34.80 32.93

Kirkland Lake Gold Quarterly Data
Jul15 Oct15 Mar16 Jun16 Sep16 Dec16 Mar17 Jun17 Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20
Days Inventory 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 Premium Member Only Premium Member Only Premium Member Only 37.00 29.51 29.82 30.22 46.38

Competitive Comparison
* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap.


Kirkland Lake Gold Days Inventory Distribution

* The bar in red indicates where Kirkland Lake Gold's Days Inventory falls into.



Kirkland Lake Gold Days Inventory Calculation

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 fiscal year that ended in Dec. 2019 is calculated as

Days Inventory (A: Dec. 2019 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (A: Dec. 2018 ) + Total Inventories (A: Dec. 2019 )) / count ) / Cost of Goods Sold (A: Dec. 2019 )*Days in Period
=( (40.089 + 47.686) / 2 ) / 486.387*365
=43.8875 / 486.387*365
=32.93

Kirkland Lake Gold's Days Inventory for the quarter that ended in Jun. 2020 is calculated as:

Days Inventory (Q: Jun. 2020 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (Q: Mar. 2020 ) + Total Inventories (Q: Jun. 2020 )) / count ) / Cost of Goods Sold (Q: Jun. 2020 )*Days in Period
=( (134.883 + 112.425) / 2 ) / 243.259*365 / 4
=123.654 / 243.259*365 / 4
=46.38

* All numbers are in millions except for per share data and ratio. All numbers are in their local exchange's currency.


Kirkland Lake Gold  (NYSE:KL) Days Inventory Explanation

An increase of Days Inventory may indicate the company's sales slowed.

1. Total Inventories can be measured by Days Sales of Inventory (DSI).

Kirkland Lake Gold's Days Sales of Inventory for the three months ended in Jun. 2020 is calculated as

Days Sales of Inventory (DSI)=Total Inventories/Revenue*Days in Period
=123.654/580.975*365 / 4
=19.42

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

Kirkland Lake Gold's Inventory Turnover for the three months ended in Jun. 2020 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 three months ended in Jun. 2020 is calculated as

Inventory-to-Revenue=Total Inventories / Revenue
=123.654 / 580.975
=0.21

* All numbers are in millions except for per share data and ratio. All numbers are in their local exchange's currency.


Be Aware

A lot of business are seasonable. It makes more sense to compare Days Inventory from the same period in the previous year instead of from the previous quarter.


Kirkland Lake Gold Days Inventory Related Terms


Kirkland Lake Gold Days Inventory Headlines

No Headline

Get WordPress Plugins for easy affiliate links on Stock Tickers and Guru Names | Earn affiliate commissions by embedding GuruFocus Charts
GuruFocus Affiliate Program: Earn up to $400 per referral. ( Learn More)