Switch to:

Kirkland Lake Gold Total Inventories

: $112 Mil (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 quarter that ended in Jun. 2020 was $112 Mil. Kirkland Lake Gold's average total inventories from the quarter that ended in Mar. 2020 to the quarter that ended in Jun. 2020 was $124 Mil.

In Ben Graham's calculation of liquidation value, inventory is only considered worth half of its book value. Kirkland Lake Gold's liquidation value for the quarter that ended in Jun. 2020 was $-1,040 Mil.

Inventory can be measured by days sales of inventory (DSI). Kirkland Lake Gold's days sales of inventory (DSI) for the three months ended in Jun. 2020 was 19.42.

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 three months ended in Jun. 2020 was 46.38.

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 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 quarter that ended in Jun. 2020 was 0.21.


Kirkland Lake Gold Total Inventories 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
Total Inventories Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 12.98 40.93 41.43 40.09 47.69

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
Total Inventories 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 40.81 40.56 47.69 134.88 112.43

Kirkland Lake Gold Total Inventories Calculation

Total Inventories includes the raw materials, work-in-process goods and completely finished goods of a company. It is a portion of a company's current assets.


Kirkland Lake Gold  (NYSE:KL) Total Inventories Explanation

Inventory control is an important part of business operation. If a company does not have enough inventory, it may not be able to meet customers' required delivery time. If it has too much inventory, the cost of holding the inventory can be high.

1. In Ben Graham's calculation of liquidation value, inventory is only considered worth half of its book value.

Kirkland Lake Gold's liquidation value for the quarter that ended in Jun. 2020 is

Liquidation value (Q: Jun. 2020 )
=Cash, Cash Equivalents, Marketable Securities-Total Liabilities+(0.75 * Accounts Receivable)+(0.5 * Total Inventories)
=537.385-1633.827+0.75 * 0.153+0.5 * 112.425
=-1,040

2. Inventory 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

Days Sales of Inventory (DSI)
=Total Inventories (Q: Jun. 2020 )/Revenue (Q: Jun. 2020 )*Days in Period
=123.654/580.975*365 / 4
=19.42

3. 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 three months ended in Jun. 2020 is calculated as:

Days Inventory=Total Inventories (Q: Jun. 2020 )/Cost of Goods Sold (Q: Jun. 2020 )*Days in Period
=123.654/243.259*365 / 4
=46.38

4. 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 Jun. 2020 is calculated as

Inventory Turnover=Cost of Goods Sold (Q: Jun. 2020 ) / Total Inventories (Q: Jun. 2020 )
=243.259 / 123.654
=1.97

5. 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 Jun. 2020 is calculated as

Inventory-to-Revenue=Total Inventories (Q: Jun. 2020 ) / Revenue (Q: Jun. 2020 )
=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

Manufacturers with durable competitive advantages have the advantage that the products they sell do not change, and therefore will never become obsolete. Buffett likes this advantage.

When identifying manufacturers with durable competitive advantage, look for inventory and net earnings that rise correspondingly. This indicates that the company is finding profitable ways to increase sales which called for an increase in inventory.

Manufacturers with inventories that spike up and down are indicative of competitive industries subject to boom and bust.


Kirkland Lake Gold Total Inventories Related Terms


Kirkland Lake Gold Total Inventories 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)