Kinross Days Of Inventory Outstanding from 2010 to 2024

KGC Stock  USD 9.25  0.18  1.98%   
Kinross Gold's Days Of Inventory Outstanding is increasing over the years with slightly volatile fluctuation. Days Of Inventory Outstanding is expected to dwindle to 89.90. During the period from 2010 to 2024 Kinross Gold Days Of Inventory Outstanding annual values regression line had geometric mean of  116.55 and mean square error of  1,134. View All Fundamentals
 
Days Of Inventory Outstanding  
First Reported
2010-12-31
Previous Quarter
136.63355086
Current Value
89.9
Quarterly Volatility
40.53275561
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Kinross Gold financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Kinross Gold's main balance sheet or income statement drivers, such as Interest Expense of 65.5 M, Total Revenue of 4.5 B or Gross Profit of 1.2 B, as well as many indicators such as Price To Sales Ratio of 1.66, Dividend Yield of 0.0208 or PTB Ratio of 1.6. Kinross financial statements analysis is a perfect complement when working with Kinross Gold Valuation or Volatility modules.
  
Check out the analysis of Kinross Gold Correlation against competitors.
For information on how to trade Kinross Stock refer to our How to Trade Kinross Stock guide.

Latest Kinross Gold's Days Of Inventory Outstanding Growth Pattern

Below is the plot of the Days Of Inventory Outstanding of Kinross Gold over the last few years. It is Kinross Gold's Days Of Inventory Outstanding historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Kinross Gold's overall financial position and show how it may be relating to other accounts over time.
Days Of Inventory Outstanding10 Years Trend
Slightly volatile
   Days Of Inventory Outstanding   
       Timeline  

Kinross Days Of Inventory Outstanding Regression Statistics

Arithmetic Mean122.77
Geometric Mean116.55
Coefficient Of Variation33.01
Mean Deviation33.09
Median120.93
Standard Deviation40.53
Sample Variance1,643
Range135
R-Value0.60
Mean Square Error1,134
R-Squared0.36
Significance0.02
Slope5.43
Total Sum of Squares23,001

Kinross Days Of Inventory Outstanding History

2024 89.9
2023 136.63
2022 133.13
2021 154.98
2020 204.27
2019 179.03
2018 145.84

About Kinross Gold Financial Statements

Kinross Gold stakeholders use historical fundamental indicators, such as Kinross Gold's Days Of Inventory Outstanding, to determine how well the company is positioned to perform in the future. Although Kinross Gold investors may analyze each financial statement separately, they are all interrelated. For example, changes in Kinross Gold's assets and liabilities are reflected in the revenues and expenses on Kinross Gold's income statement, which ultimately affect the company's gains or losses. Understanding these patterns can help in making the right long-term investment decisions in Kinross Gold. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Days Of Inventory Outstanding 136.63  89.90 

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Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.
When determining whether Kinross Gold offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Kinross Gold's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Kinross Gold Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Kinross Gold Stock:
Check out the analysis of Kinross Gold Correlation against competitors.
For information on how to trade Kinross Stock refer to our How to Trade Kinross Stock guide.
You can also try the Portfolio Volatility module to check portfolio volatility and analyze historical return density to properly model market risk.
Is Metals & Mining space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Kinross Gold. If investors know Kinross will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Kinross Gold listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
2.235
Dividend Share
0.12
Earnings Share
0.6
Revenue Per Share
3.947
Quarterly Revenue Growth
0.299
The market value of Kinross Gold is measured differently than its book value, which is the value of Kinross that is recorded on the company's balance sheet. Investors also form their own opinion of Kinross Gold's value that differs from its market value or its book value, called intrinsic value, which is Kinross Gold's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Kinross Gold's market value can be influenced by many factors that don't directly affect Kinross Gold's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Kinross Gold's value and its price as these two are different measures arrived at by different means. Investors typically determine if Kinross Gold is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Kinross Gold's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.