Lundin Mining (TSX:LUN) Change In Inventory : C$-73 Mil (TTM As of Dec. 2023)

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What is Lundin Mining Change In Inventory?

Lundin Mining's change in inventory for the quarter that ended in Dec. 2023 was C$-12 Mil. It means Lundin Mining's inventory increased by C$12 Mil from Sep. 2023 to Dec. 2023 .

Lundin Mining's change in inventory for the fiscal year that ended in Dec. 2023 was C$-96 Mil. It means Lundin Mining's inventory increased by C$96 Mil from Dec. 2022 to Dec. 2023 .

Lundin Mining's Total Inventories for the quarter that ended in Dec. 2023 was C$804 Mil.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Lundin Mining's Days Inventory for the quarter that ended in Dec. 2023 was 64.09.

Inventory Turnover measures how fast the company turns over its inventory within a year. Lundin Mining's Inventory Turnover for the quarter that ended in Dec. 2023 was 1.42.

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. Lundin Mining's Inventory-to-Revenue for the quarter that ended in Dec. 2023 was 0.58.

Lundin Mining Change In Inventory Historical Data

The historical data trend for Lundin Mining's Change In Inventory 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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Lundin Mining Change In Inventory Chart

Lundin Mining Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Change In Inventory

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-36.44

-110.46

-87.79

13.93

-96.48

Lundin Mining Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Change In Inventory	Get a 7-Day Free Trial															9.71	-	-19.78	-41.96	-11.54

Lundin Mining Change In Inventory Calculation

Change In Inventory is the difference between last period's ending inventory and the current period's ending inventory.

Change In Inventory for the trailing twelve months (TTM) ended in Dec. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was C$-73 Mil.

Lundin Mining (TSX:LUN) Change In Inventory Explanation

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

Lundin Mining's Days Inventory for the quarter that ended in is calculated as:

Days Inventory	=	Average Total Inventories	/	Cost of Goods Sold	*	Days in Period
	=	820.7705	/	1168.658	*	365 / 4
	=	64.09

2. Inventory Turnover measures how fast the company turns over its inventory within a year.

Lundin Mining's Inventory Turnover for the quarter that ended in Dec. 2023 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	1168.658	/	820.7705
	=	1.42

3. 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.

Lundin Mining's Inventory to Revenue for the quarter that ended in Dec. 2023 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	820.7705	/	1422.105
	=	0.58

Lundin Mining Change In Inventory Related Terms

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Lundin Mining (TSX:LUN) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Lundin Mining Corp (TSX:LUN) » Definitions » Change In Inventory

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Traded in Other Exchanges

LUNMF:USA LUMI:Sweden LUMIs:UK 0RQ9:UK GXD:Germany

Address

150 King Street West, Suite 2200, P.O. Box 38, Toronto, ON, CAN, M5H 1J9

Website

https://www.lundinmining.com

Lundin Mining Corp is a diversified Canadian base metals mining company with operations in Brazil, Chile, Portugal, Sweden, and the United States of America, producing copper, zinc, gold, and nickel. Its material mineral properties include Candelaria, Chapada, Eagle, and Neves-Corvo. Majority of the revenue is from Copper.

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