Kinross Gold (TSX:K) Inventory Turnover: 0.72 (As of Mar. 2026)

What is Kinross Gold Inventory Turnover?

Kinross Gold TSX:K -0.44% 93 Inventory Turnover is 0.72 as of Mar. 2026. GuruFocus rates TSX:K with a GF Score™ of 93/100 and a GF Value™ of C$26.17 (Modestly Overvalued). The stock has 1 warning sign investors should review.

Inventory Turnover measures how fast the company turns over its inventory within a year. It is calculated as Cost of Goods Sold divided by Total Inventories. Kinross Gold's Cost of Goods Sold for the three months ended in Mar. 2026 was C$1,326 Mil. Kinross Gold's Average Total Inventories for the quarter that ended in Mar. 2026 was C$1,847 Mil. Kinross Gold's Inventory Turnover for the quarter that ended in Mar. 2026 was 0.72.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Kinross Gold's Days Inventory for the three months ended in Mar. 2026 was 127.17.

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. Kinross Gold's Inventory-to-Revenue for the quarter that ended in Mar. 2026 was 0.56.

Kinross Gold (TSX:K) Inventory Turnover Explanation

Inventory Turnover measures how fast the company turns over its inventory within a year. A higher Inventory Turnover means the company has light inventory. Therefore the company spends less money on storage, write downs, and obsolete inventory. If the inventory is too light, it may affect sales because the company may not have enough to meet demand.

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

Kinross Gold's Days Inventory for the three months ended in Mar. 2026 is calculated as:

Days Inventory	=	Average Total Inventories (Q: Mar. 2026 )	/	Cost of Goods Sold (Q: Mar. 2026 )	*	Days in Period
	=	1847.3915	/	1325.626	*	365 / 4
	=	127.17

2. 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.

Kinross Gold's Inventory to Revenue for the quarter that ended in Mar. 2026 is calculated as

Inventory-to-Revenue	=	Average Total Inventories (Q: Mar. 2026 )	/	Revenue (Q: Mar. 2026 )
	=	1847.3915	/	3303.364
	=	0.56

* 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.

Be Aware

Usually retailers pile up their inventories at holiday seasons to meet the stronger demand. Therefore, the inventory of a particular quarter of a year should not be used to calculate Inventory Turnover. An average inventory is a better indication.

Kinross Gold Inventory Turnover Related Terms

Kinross Gold Inventory Turnover Historical Data

* Premium members only.

The historical data trend for Kinross Gold's Inventory Turnover can be seen below:

Kinross Gold Inventory Turnover Chart

Kinross Gold Annual Data

Trend

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

Dec25

Inventory Turnover

Get a 7-Day Free Trial

1.85

2.73

2.75

2.81

2.51

Kinross Gold Quarterly Data
	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24	Dec24	Mar25	Jun25	Sep25	Dec25	Mar26
Inventory Turnover	Get a 7-Day Free Trial															0.67	0.62	0.65	0.57	0.72

93GF Score

Kinross Gold Corp TSX:K

Inventory Turnover is just one metric. See GF Score™, valuation, warning signs, and more.

View Full Analysis

Kinross Gold Inventory Turnover Calculation

Kinross Gold's Inventory Turnover for the fiscal year that ended in Dec. 2025 is calculated as

	Inventory Turnover (A: Dec. 2025 )
=	Cost of Goods Sold	/	Average Total Inventories
=	Cost of Goods Sold (A: Dec. 2025 )	/ (	(Total Inventories (A: Dec. 2024 )	+	Total Inventories (A: Dec. 2025 ))	/	count )
=	4601.046	/ (	(1771.187	+	1890.329)	/	2 )
=	4601.046	/	1830.758
=	2.51

Kinross Gold's Inventory Turnover for the quarter that ended in Mar. 2026 is calculated as

	Inventory Turnover (Q: Mar. 2026 )
=	Cost of Goods Sold	/	Average Total Inventories
=	Cost of Goods Sold (Q: Mar. 2026 )	/ (	(Total Inventories (Q: Dec. 2025 )	+	Total Inventories (Q: Mar. 2026 ))	/	count )
=	1325.626	/ (	(1890.329	+	1804.454)	/	2 )
=	1325.626	/	1847.3915
=	0.72

Frequently Asked Questions Learn more about Inventory Turnover →

What does a Inventory Turnover of 0.72 mean?

Kinross Gold (TSX:K) has a Inventory Turnover of 0.72 as of Mar. 2026. Inventory turnover equals current-period cost of goods sold divided by average two-period total inventories. View historical data on Kinross Gold and its competitors.

Is Kinross Gold's Inventory Turnover too high?

Kinross Gold's current Inventory Turnover is 0.72. Overall, Kinross Gold has a GF Score™ of 93/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.

How does Kinross Gold's Inventory Turnover compare to NEM and AU?

Kinross Gold's Inventory Turnover of 0.72 can be compared against companies in the Metals & Mining industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.

What is a good Inventory Turnover for a Metals & Mining company?

A good Inventory Turnover depends on the Metals & Mining industry context. However, Inventory Turnover should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.

What does a high Inventory Turnover mean?

A high Inventory Turnover can signal that a stock is expensive relative to its fundamentals. Inventory turnover equals current-period cost of goods sold divided by average two-period total inventories. View historical data on Kinross Gold and its competitors. Kinross Gold's current Inventory Turnover is 0.72. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.

Is Kinross Gold stock overvalued right now?

Based on GuruFocus' analysis, Kinross Gold (TSX:K) is currently considered Modestly Overvalued. The stock's GF Value™ is C$26.17, compared to a current price of C$34.15 — trading 30.5% above its estimated fair value. The current Inventory Turnover is 0.72. Kinross Gold's overall GF Score™ is 93/100 with 1 warning sign to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.

How is Inventory Turnover calculated?

Inventory Turnover is calculated from a company's financial statements. For Kinross Gold (TSX:K), the current Inventory Turnover is 0.72 as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Kinross Gold (TSX:K) Overvalued in 2026?

Based on GuruFocus' analysis, Kinross Gold stock appears to be overvalued. The current stock price of C$34.15 is trading 30.5% above its estimated GF Value™ of C$26.17. GuruFocus considers Kinross Gold to be Modestly Overvalued.

Key valuation signals for TSX:K:

Inventory Turnover: 0.72
GF Value™: C$26.17 vs. price of C$34.15 (30.5% above fair value)
GF Score™: 93/100 with 1 warning sign

No single metric tells the full story. See the TSX:K stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.

Kinross Gold Business Description

Industry Basic Materials Metals & Mining

Comparable Companies TSX:PAAS TSX:FNV TSX:LUG TSX:AGI TSX:IMG TSX:ELD TSX:EQX TSX:DPM TSX:GMIN TSX:WPM NEM SHSE:601899 TSX:AEM TSX:ABX AU HKSE:02259 JSE:GFI MIC:PLZL ASX:NST RGLD

Other Exchanges KGC:USA KGCN:Mexico 0R2D:UK KIN2:Germany KG:Switzerland KGC:Argentina

Address 25 York Street, 17th Floor, Toronto, ON, CAN, M5J 2V5

Website https://www.kinross.com

Kinross Gold is a Canada-based gold producer, producing roughly 2 million gold equivalent ounces in 2025. The company had about a decade of gold reserves at the end of 2025. It operates mines in the Americas and West Africa after selling its low-cost Russian operations in 2022 in response to the invasion of Ukraine. Kinross has historically used acquisitions to fuel expansion into new regions and production growth. In 2022, Kinross purchased the Great Bear project in Canada. If developed as we think likely, it could produce an average of more than 500,000 ounces of gold per year for at least a decade, with its unit cash costs likely in the first quartile of the industry cost curve. Though Great Bear's production is likely to be replacement ounces for falling volumes at other mines.

93GF Score

Get the complete analysis for TSX:K

Inventory Turnover is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

C$34.15

Price

C$26.17

GF Value

View TSX:K Analysis

See Inventory Turnover data for all stocks →