Newmont Inventory Turnover from 2010 to 2024

NEM Stock  USD 38.55  0.01  0.03%   
Newmont Goldcorp Inventory Turnover yearly trend continues to be very stable with very little volatility. Inventory Turnover is likely to drop to 3.18. Inventory Turnover is a ratio showing how many times a company's inventory is sold and replaced over a period, indicating the efficiency of inventory management. View All Fundamentals
 
Inventory Turnover  
First Reported
2010-12-31
Previous Quarter
4.01400454
Current Value
3.18
Quarterly Volatility
0.86760338
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Newmont Goldcorp financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Newmont main balance sheet or income statement drivers, such as Depreciation And Amortization of 3.8 B, Interest Expense of 353.9 M or Total Revenue of 12.4 B, as well as many exotic indicators such as Price To Sales Ratio of 4.02, Dividend Yield of 0.0427 or PTB Ratio of 1.14. Newmont financial statements analysis is a perfect complement when working with Newmont Goldcorp Valuation or Volatility modules.
  
This module can also supplement Newmont Goldcorp's financial leverage analysis and stock options assessment as well as various Newmont Goldcorp Technical models . Check out the analysis of Newmont Goldcorp Correlation against competitors.

Latest Newmont Goldcorp's Inventory Turnover Growth Pattern

Below is the plot of the Inventory Turnover of Newmont Goldcorp Corp over the last few years. It is a ratio showing how many times a company's inventory is sold and replaced over a period, indicating the efficiency of inventory management. Newmont Goldcorp's Inventory Turnover historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Newmont Goldcorp's overall financial position and show how it may be relating to other accounts over time.
Inventory Turnover10 Years Trend
Very volatile
   Inventory Turnover   
       Timeline  

Newmont Inventory Turnover Regression Statistics

Arithmetic Mean3.96
Geometric Mean3.86
Coefficient Of Variation21.90
Mean Deviation0.55
Median3.93
Standard Deviation0.87
Sample Variance0.75
Range4.0324
R-Value0.02
Mean Square Error0.81
R-Squared0.0005
Significance0.94
Slope0
Total Sum of Squares10.54

Newmont Inventory Turnover History

2024 3.18
2023 4.01
2022 4.94
2021 4.34
2020 4.09
2018 3.92
2017 3.93

About Newmont Goldcorp Financial Statements

There are typically three primary documents that fall into the category of financial statements. These documents include Newmont Goldcorp income statement, its balance sheet, and the statement of cash flows. Newmont Goldcorp investors use historical funamental indicators, such as Newmont Goldcorp's Inventory Turnover, to determine how well the company is positioned to perform in the future. Although Newmont Goldcorp investors may use each financial statement separately, they are all related. The changes in Newmont Goldcorp's assets and liabilities, for example, are also reflected in the revenues and expenses that we see on Newmont Goldcorp's income statement, which results in the company's gains or losses. Cash flows can provide more information regarding cash listed on a balance sheet, but not equivalent to net income shown on the income statement. We offer a historical overview of the basic patterns found on Newmont Goldcorp Financial Statements. Understanding these patterns can help to make the right decision on long term investment in Newmont Goldcorp. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Inventory Turnover 4.01  3.18 

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When determining whether Newmont Goldcorp Corp is a strong investment it is important to analyze Newmont Goldcorp's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Newmont Goldcorp's future performance. For an informed investment choice regarding Newmont Stock, refer to the following important reports:
Check out the analysis of Newmont Goldcorp Correlation against competitors.
Note that the Newmont Goldcorp Corp information on this page should be used as a complementary analysis to other Newmont Goldcorp's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Portfolio Anywhere module to track or share privately all of your investments from the convenience of any device.

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When running Newmont Goldcorp's price analysis, check to measure Newmont Goldcorp's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Newmont Goldcorp is operating at the current time. Most of Newmont Goldcorp's value examination focuses on studying past and present price action to predict the probability of Newmont Goldcorp's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Newmont Goldcorp's price. Additionally, you may evaluate how the addition of Newmont Goldcorp to your portfolios can decrease your overall portfolio volatility.
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Is Newmont Goldcorp's industry 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 Newmont Goldcorp. If investors know Newmont 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 Newmont Goldcorp 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
(0.26)
Dividend Share
1.45
Earnings Share
(3.00)
Revenue Per Share
14.045
Quarterly Revenue Growth
0.237
The market value of Newmont Goldcorp Corp is measured differently than its book value, which is the value of Newmont that is recorded on the company's balance sheet. Investors also form their own opinion of Newmont Goldcorp's value that differs from its market value or its book value, called intrinsic value, which is Newmont Goldcorp'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 Newmont Goldcorp's market value can be influenced by many factors that don't directly affect Newmont Goldcorp'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 Newmont Goldcorp's value and its price as these two are different measures arrived at by different means. Investors typically determine if Newmont Goldcorp is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Newmont Goldcorp'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.