FQVLF (First Quantum Minerals) Change In Inventory: $-135 Mil (TTM As of Jun. 2026)

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FQVLF First Quantum Minerals Ltd FQVLF
73 GF Score
Price $27.48
GF Value $16.41
Valuation Significantly Overvalued
! 3 Warning Signs
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What is First Quantum Minerals Change In Inventory?

First Quantum Minerals FQVLF +1.38% 73 Change In Inventory is $-135 Mil as of Jun. 2026. GuruFocus rates FQVLF with a GF Score™ of 73/100 and a GF Value™ of $16.41 (Significantly Overvalued). The stock has 3 warning signs investors should review.

First Quantum Minerals's change in inventory for the quarter that ended in Jun. 2026 was $-68 Mil. It means First Quantum Minerals's inventory increased by $68 Mil from Mar. 2026 to Jun. 2026 .

First Quantum Minerals's change in inventory for the fiscal year that ended in Dec. 2025 was $-40 Mil. It means First Quantum Minerals's inventory increased by $40 Mil from Dec. 2024 to Dec. 2025 .

First Quantum Minerals's Total Inventories for the quarter that ended in Jun. 2026 was $1,625 Mil.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. First Quantum Minerals's Days Inventory for the quarter that ended in Jun. 2026 was 118.85.

Inventory Turnover measures how fast the company turns over its inventory within a year. First Quantum Minerals's Inventory Turnover for the quarter that ended in Jun. 2026 was 0.77.

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. First Quantum Minerals's Inventory-to-Revenue for the quarter that ended in Jun. 2026 was 1.05.


First Quantum Minerals  (OTCPK:FQVLF) Change In Inventory Explanation

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

First Quantum Minerals's Days Inventory for the quarter that ended in is calculated as:

Days Inventory=Average Total Inventories/Cost of Goods Sold*Days in Period
=1595.5/1225*365 / 4
=118.85

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

First Quantum Minerals's Inventory Turnover for the quarter that ended in Jun. 2026 is calculated as

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.

First Quantum Minerals's Inventory to Revenue for the quarter that ended in Jun. 2026 is calculated as

* 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.


First Quantum Minerals Change In Inventory Related Terms


First Quantum Minerals Change In Inventory Historical Data

* Premium members only.

The historical data trend for First Quantum Minerals'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.

First Quantum Minerals Change In Inventory Chart

First Quantum Minerals Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Change In Inventory
Get a 7-Day Free Trial Premium Member Only Premium Member Only -24.00 -144.00 -147.00 -5.00 -40.00

First Quantum Minerals Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
Change In Inventory Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 2.00 -21.00 12.00 -58.00 -68.00
FQVLF
73GF Score
First Quantum Minerals Ltd FQVLF
Change In Inventory is just one metric. See GF Score™, valuation, warning signs, and more.
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First Quantum Minerals 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 Jun. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was $-135 Mil.

* 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.

Frequently Asked Questions Learn more about Change In Inventory →
What does a Change In Inventory of $-135 Mil mean?
First Quantum Minerals (FQVLF) has a Change In Inventory of $-135 Mil as of Jun. 2026. Change in Inventory is the difference between current-period inventory and past-period inventory. View historical data for First Quantum Minerals and its competitors.
Is First Quantum Minerals' Change In Inventory too high?
First Quantum Minerals' current Change In Inventory is $-135 Mil. Overall, First Quantum Minerals has a GF Score™ of 73/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does First Quantum Minerals' Change In Inventory compare to SCCO and FCX?
First Quantum Minerals' Change In Inventory of $-135 Mil can be compared against companies in the Metals & Mining industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Change In Inventory for a Metals & Mining company?
A good Change In Inventory depends on the Metals & Mining industry context. However, Change In Inventory should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Change In Inventory mean?
A high Change In Inventory can signal that a stock is expensive relative to its fundamentals. Change in Inventory is the difference between current-period inventory and past-period inventory. View historical data for First Quantum Minerals and its competitors. First Quantum Minerals's current Change In Inventory is $-135 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is First Quantum Minerals stock overvalued right now?
Based on GuruFocus' analysis, First Quantum Minerals (FQVLF) is currently considered Significantly Overvalued. The stock's GF Value™ is $16.41, compared to a current price of $27.48 — trading 67.5% above its estimated fair value. The current Change In Inventory is $-135 Mil. First Quantum Minerals' overall GF Score™ is 73/100 with 3 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Change In Inventory calculated?
Change In Inventory is calculated from a company's financial statements. For First Quantum Minerals (FQVLF), the current Change In Inventory is $-135 Mil as of Jun. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is First Quantum Minerals (FQVLF) Overvalued in 2026?

Based on GuruFocus' analysis, First Quantum Minerals stock appears to be overvalued. The current stock price of $27.48 is trading 67.5% above its estimated GF Value™ of $16.41. GuruFocus considers First Quantum Minerals to be Significantly Overvalued.

Key valuation signals for FQVLF:

  • Change In Inventory: $-135 Mil
  • GF Value™: $16.41 vs. price of $27.48 (67.5% above fair value)
  • GF Score™: 73/100 with 3 warning signs

No single metric tells the full story. See the FQVLF stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


First Quantum Minerals Business Description

Other Exchanges IZ1:GermanyFM:Canada
Address 330 Bay Street, Suite 1101, Toronto, ON, CAN, M5H 2S8
First Quantum Minerals Ltd is a diversified mining company. The company's principal activities include mineral exploration, mine engineering and construction, and development and mining operations. The firm produces copper in concentrate, copper anode, copper cathode, nickel, gold, zinc, silver, acid, and pyrite. It has operating mines located in Zambia, Panama, Turkey, Spain, Australia, and Mauritania. The company's reportable operating segments are Cobre Panama, Kansanshi, and Trident.
73GF Score

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Change In Inventory is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

$27.48
Price
$16.41
GF Value