TORXF (Torex Gold Resources) Change In Inventory: $-14 Mil (TTM As of Mar. 2026)

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TORXF Torex Gold Resources Inc TORXF
89 GF Score
Price $38.69
GF Value $33.94
Valuation Modestly Overvalued
! 2 Warning Signs
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What is Torex Gold Resources Change In Inventory?

Torex Gold Resources TORXF +2.17% 89 Change In Inventory is $-14 Mil as of Mar. 2026. GuruFocus rates TORXF with a GF Score™ of 89/100 and a GF Value™ of $33.94 (Modestly Overvalued). The stock has 2 warning signs investors should review.

Torex Gold Resources's change in inventory for the quarter that ended in Mar. 2026 was $3 Mil. It means Torex Gold Resources's inventory declined by $3 Mil from Dec. 2025 to Mar. 2026 .

Torex Gold Resources's change in inventory for the fiscal year that ended in Dec. 2025 was $-26 Mil. It means Torex Gold Resources's inventory increased by $26 Mil from Dec. 2024 to Dec. 2025 .

Torex Gold Resources's Total Inventories for the quarter that ended in Mar. 2026 was $183 Mil.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Torex Gold Resources's Days Inventory for the quarter that ended in Mar. 2026 was 75.07.

Inventory Turnover measures how fast the company turns over its inventory within a year. Torex Gold Resources's Inventory Turnover for the quarter that ended in Mar. 2026 was 1.22.

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. Torex Gold Resources's Inventory-to-Revenue for the quarter that ended in Mar. 2026 was 0.35.


Torex Gold Resources  (OTCPK:TORXF) Change In Inventory Explanation

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

Torex Gold Resources's Days Inventory for the quarter that ended in is calculated as:

Days Inventory=Average Total Inventories/Cost of Goods Sold*Days in Period
=186.5/226.7*365 / 4
=75.07

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

Torex Gold Resources's Inventory Turnover for the quarter that ended in Mar. 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.

Torex Gold Resources's Inventory to Revenue for the quarter that ended in Mar. 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.


Torex Gold Resources Change In Inventory Related Terms


Torex Gold Resources Change In Inventory Historical Data

* Premium members only.

The historical data trend for Torex Gold Resources'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.

Torex Gold Resources Change In Inventory Chart

Torex Gold Resources 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 -15.70 1.80 -12.50 -4.70 -25.90

Torex Gold Resources Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
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 -9.70 -17.90 0.10 1.60 2.60
TORXF
89GF Score
Torex Gold Resources Inc TORXF
Change In Inventory is just one metric. See GF Score™, valuation, warning signs, and more.
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Torex Gold Resources 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 Mar. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was $-14 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 $-14 Mil mean?
Torex Gold Resources (TORXF) has a Change In Inventory of $-14 Mil as of Mar. 2026. Change in Inventory is the difference between current-period inventory and past-period inventory. View historical data for Torex Gold Resources and its competitors.
Is Torex Gold Resources' Change In Inventory too high?
Torex Gold Resources' current Change In Inventory is $-14 Mil. Overall, Torex Gold Resources has a GF Score™ of 89/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Torex Gold Resources' Change In Inventory compare to NEM and AU?
Torex Gold Resources' Change In Inventory of $-14 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 Torex Gold Resources and its competitors. Torex Gold Resources's current Change In Inventory is $-14 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Torex Gold Resources stock overvalued right now?
Based on GuruFocus' analysis, Torex Gold Resources (TORXF) is currently considered Modestly Overvalued. The stock's GF Value™ is $33.94, compared to a current price of $38.69 — trading 14% above its estimated fair value. The current Change In Inventory is $-14 Mil. Torex Gold Resources' overall GF Score™ is 89/100 with 2 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 Torex Gold Resources (TORXF), the current Change In Inventory is $-14 Mil as of Mar. 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 Torex Gold Resources (TORXF) Overvalued in 2026?

Based on GuruFocus' analysis, Torex Gold Resources stock appears to be overvalued. The current stock price of $38.69 is trading 14% above its estimated GF Value™ of $33.94. GuruFocus considers Torex Gold Resources to be Modestly Overvalued.

Key valuation signals for TORXF:

  • Change In Inventory: $-14 Mil
  • GF Value™: $33.94 vs. price of $38.69 (14% above fair value)
  • GF Score™: 89/100 with 2 warning signs

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


Torex Gold Resources Business Description

Address 130 King Street West, Suite 740, Exchange Tower, Toronto, ON, CAN, M5X 2A2
Torex Gold Resources Inc is a Canadian mining company engaged in the exploration, development, and production of gold, copper, and silver from its flagship Morelos Complex in Guerrero, Mexico. It also owns the Los Reyes gold-silver project in Sinaloa, Mexico, and has acquired a portfolio of early-stage exploration properties, including the Batopilas and Guigui projects in Chihuahua, Mexico, and the Gryphon and Medicine Springs projects in Nevada, USA. The majority of the company's revenue is generated from the sale of gold, followed by silver and copper.
89GF Score

Get the complete analysis for TORXF

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

$38.69
Price
$33.94
GF Value