Kirkland Lake Gold (Kirkland Lake Gold) Days Inventory : 54.37 (As of Sep. 2021)

Kirkland Lake Gold Days Inventory Chart

Kirkland Lake Gold Annual Data
	Trend	Apr11	Apr12	Apr13	Apr14	Apr15	Dec16	Dec17	Dec18	Dec19	Dec20
Days Inventory		Get a 7-Day Free Trial					36.80	32.79	34.80	32.93	34.03

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
Days Inventory	Get a 7-Day Free Trial															49.27	46.84	48.23	50.53	54.37

Competitive Comparison of Kirkland Lake Gold's Days Inventory

For the Gold subindustry, Kirkland Lake Gold's Days Inventory, along with its competitors' market caps and Days Inventory data, can be viewed below:

* 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. Note that "N/A" values will not show up in the chart.

Kirkland Lake Gold's Days Inventory Distribution in the Metals & Mining Industry

For the Metals & Mining industry and Basic Materials sector, Kirkland Lake Gold's Days Inventory distribution charts can be found below:

* 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. 2020 is calculated as

Kirkland Lake Gold's Days Inventory 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  (NYSE:KL) Days Inventory Explanation

Days Inventory indicates the liquidity of the inventory. Generally, a lower Days Inventory is preferred as it indicates a shorter duration to clear off the inventory. An increase of the ratio may indicate the company's sales slowed. Similar ratios related to Days Inventory are:

1. 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 Sep. 2021 is calculated as

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.

Kirkland Lake Gold's Inventory to Revenue for the three months 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.

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

Thank you for viewing the detailed overview of Kirkland Lake Gold's Days Inventory provided by GuruFocus.com. Please click on the following links to see related term pages.

Kirkland Lake Gold (Kirkland Lake Gold) Business Description