Barrick Days Of Inventory On Hand from 2010 to 2024

GOLD Stock  USD 18.22  0.10  0.55%   
Barrick Gold's Days Of Inventory On Hand is decreasing over the years with slightly volatile fluctuation. Days Of Inventory On Hand is expected to dwindle to 78.27. During the period from 2010 to 2024 Barrick Gold Days Of Inventory On Hand annual values regression line had geometric mean of  105.36 and mean square error of  680.49. View All Fundamentals
 
Days Of Inventory On Hand  
First Reported
2010-12-31
Previous Quarter
82.00075643
Current Value
78.27
Quarterly Volatility
27.34495179
 
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Check Barrick Gold financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Barrick Gold's main balance sheet or income statement drivers, such as Interest Expense of 367.5 M, Total Revenue of 5.7 B or Gross Profit of 2.4 B, as well as many indicators such as Price To Sales Ratio of 4.72, Dividend Yield of 0.0232 or PTB Ratio of 1.37. Barrick financial statements analysis is a perfect complement when working with Barrick Gold Valuation or Volatility modules.
  
Check out the analysis of Barrick Gold Correlation against competitors.

Latest Barrick Gold's Days Of Inventory On Hand Growth Pattern

Below is the plot of the Days Of Inventory On Hand of Barrick Gold Corp over the last few years. It is Barrick Gold's Days Of Inventory On Hand historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Barrick Gold's overall financial position and show how it may be relating to other accounts over time.
Days Of Inventory On Hand10 Years Trend
Slightly volatile
   Days Of Inventory On Hand   
       Timeline  

Barrick Days Of Inventory On Hand Regression Statistics

Arithmetic Mean108.90
Geometric Mean105.36
Coefficient Of Variation25.11
Mean Deviation24.74
Median120.89
Standard Deviation27.34
Sample Variance747.75
Range88.1711
R-Value(0.39)
Mean Square Error680.49
R-Squared0.15
Significance0.15
Slope(2.41)
Total Sum of Squares10,468

Barrick Days Of Inventory On Hand History

2024 78.27
2023 82.0
2022 86.71
2021 89.28
2020 92.42
2019 120.89
2018 129.5

About Barrick Gold Financial Statements

Barrick Gold stakeholders use historical fundamental indicators, such as Barrick Gold's Days Of Inventory On Hand, to determine how well the company is positioned to perform in the future. Although Barrick Gold investors may analyze each financial statement separately, they are all interrelated. For example, changes in Barrick Gold's assets and liabilities are reflected in the revenues and expenses on Barrick 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 Barrick Gold Corp. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Days Of Inventory On Hand 82.00  78.27 

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When determining whether Barrick Gold Corp is a strong investment it is important to analyze Barrick Gold'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 Barrick Gold's future performance. For an informed investment choice regarding Barrick Stock, refer to the following important reports:
Check out the analysis of Barrick Gold Correlation against competitors.
You can also try the Premium Stories module to follow Macroaxis premium stories from verified contributors across different equity types, categories and coverage scope.
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 Barrick Gold. If investors know Barrick 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 Barrick 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
0.315
Dividend Share
0.4
Earnings Share
0.92
Revenue Per Share
7.032
Quarterly Revenue Growth
0.177
The market value of Barrick Gold Corp is measured differently than its book value, which is the value of Barrick that is recorded on the company's balance sheet. Investors also form their own opinion of Barrick Gold's value that differs from its market value or its book value, called intrinsic value, which is Barrick 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 Barrick Gold's market value can be influenced by many factors that don't directly affect Barrick 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 Barrick Gold's value and its price as these two are different measures arrived at by different means. Investors typically determine if Barrick Gold is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Barrick 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.