Stock Analysis on Net

Newmont Corp. (NYSE:NEM)

Analysis of Inventory

Microsoft Excel

Inventory Disclosure

Newmont Corp., balance sheet: inventory

US$ in millions

Microsoft Excel
Dec 31, 2023 Dec 31, 2022 Dec 31, 2021 Dec 31, 2020 Dec 31, 2019
Materials and supplies 1,247 750 669 673 655
In-process 160 123 132 148 189
Concentrate 134 47 58 39 96
Precious metals 122 59 71 103 74
Inventories 1,663 979 930 963 1,014

Based on: 10-K (reporting date: 2023-12-31), 10-K (reporting date: 2022-12-31), 10-K (reporting date: 2021-12-31), 10-K (reporting date: 2020-12-31), 10-K (reporting date: 2019-12-31).

Item Description The company
Inventories Amount after valuation and LIFO reserves of inventory expected to be sold, or consumed within one year or operating cycle, if longer. Newmont Corp. inventories increased from 2021 to 2022 and from 2022 to 2023.