Newmont (TSX:NGT) Inventories, Finished Goods : C$110 Mil (As of Sep. 2024)

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What is Newmont Inventories, Finished Goods?

Newmont's quarterly finished goods increased from Mar. 2024 (C$115 Mil) to Jun. 2024 (C$126 Mil) but then declined from Jun. 2024 (C$126 Mil) to Sep. 2024 (C$110 Mil).

Newmont's annual finished goods declined from Dec. 2021 (C$91 Mil) to Dec. 2022 (C$80 Mil) but then increased from Dec. 2022 (C$80 Mil) to Dec. 2023 (C$164 Mil).

Newmont Inventories, Finished Goods Historical Data

The historical data trend for Newmont's Inventories, Finished Goods 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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Newmont Inventories, Finished Goods Chart

Newmont Annual Data

Trend

Dec14

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Dec20

Dec21

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Dec23

Inventories, Finished Goods

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97.45

131.93

90.88

80.15

163.68

Newmont Quarterly Data
	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24
Inventories, Finished Goods	Get a 7-Day Free Trial															97.42	163.68	115.06	126.09	109.72

Newmont Inventories, Finished Goods Calculation

The products in a manufacturer's inventory that are completed and are waiting to be sold.

Newmont Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Newmont Corp (TSX:NGT) » Definitions » Inventories, Finished Goods

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Address

6900 E Layton Avenue, Suite 700, Denver, CO, USA, 80237

Website

https://www.newmont.com

Newmont is the world's largest gold miner. It bought Goldcorp in 2019, combined its Nevada mines in a joint venture with competitor Barrick later that year, and also purchased competitor Newcrest in November 2023. Its portfolio includes 17 wholly or majority owned mines and interests in two joint ventures in the Americas, Africa, Australia and Papua New Guinea. The company is expected to produce roughly 5.5 million ounces of gold in 2024 from its core mines and 6.8 million in total. It is likely to sell a number of its higher cost, smaller mines accounting for 20% of forecast sales in 2024. Newmont also produces material amounts of copper, silver, zinc, and lead as byproducts. It had about two decades of gold reserves along with significant byproduct reserves at the end of December 2023.

Newmont Headlines

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