Fortuna Mining (TSX:FVI) Change In Inventory: C$-9 Mil (TTM As of Mar. 2026)

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TSX:FVI Fortuna Mining Corp TSX:FVI
90 GF Score
Price C$11.81
GF Value C$9.51
Valuation Modestly Overvalued
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What is Fortuna Mining Change In Inventory?

Fortuna Mining TSX:FVI -3.91% 90 Change In Inventory is C$-9 Mil as of Mar. 2026. GuruFocus rates TSX:FVI with a GF Score™ of 90/100 and a GF Value™ of C$9.51 (Modestly Overvalued).

Fortuna Mining's change in inventory for the quarter that ended in Mar. 2026 was C$-2 Mil. It means Fortuna Mining's inventory increased by C$2 Mil from Dec. 2025 to Mar. 2026 .

Fortuna Mining's change in inventory for the fiscal year that ended in Dec. 2025 was C$-16 Mil. It means Fortuna Mining's inventory increased by C$16 Mil from Dec. 2024 to Dec. 2025 .

Fortuna Mining's Total Inventories for the quarter that ended in Mar. 2026 was C$166 Mil.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Fortuna Mining's Days Inventory for the quarter that ended in Mar. 2026 was 85.36.

Inventory Turnover measures how fast the company turns over its inventory within a year. Fortuna Mining's Inventory Turnover for the quarter that ended in Mar. 2026 was 1.07.

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. Fortuna Mining's Inventory-to-Revenue for the quarter that ended in Mar. 2026 was 0.36.

Fortuna Mining  (TSX:FVI) Change In Inventory Explanation

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

Fortuna 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
=167.671/179.231*365 / 4
=85.36

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

Fortuna Mining's Inventory Turnover for the quarter that ended in Mar. 2026 is calculated as

Inventory Turnover=Cost of Goods Sold / Average Total Inventories
=179.231 / 167.671
=1.07

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.

Fortuna Mining's Inventory to Revenue for the quarter that ended in Mar. 2026 is calculated as

Inventory-to-Revenue=Average Total Inventories / Revenue
=167.671 / 469.87
=0.36

* 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.

Fortuna Mining Change In Inventory Related Terms

Fortuna Mining Change In Inventory Historical Data

* Premium members only.

The historical data trend for Fortuna 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.

Fortuna Mining Change In Inventory Chart

Fortuna Mining 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 -30.50 -27.73 -28.20 -34.85 -15.98

Fortuna Mining 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 -9.58 -0.54 3.95 -10.17 -2.16
TSX:FVI
90GF Score
Fortuna Mining Corp TSX:FVI
Change In Inventory is just one metric. See GF Score™, valuation, warning signs, and more.
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Fortuna 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 Mar. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was C$-9 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 C$-9 Mil mean?
Fortuna Mining (TSX:FVI) has a Change In Inventory of C$-9 Mil as of Mar. 2026. Change in Inventory is the difference between current-period inventory and past-period inventory. View historical data for Fortuna Mining and its competitors.
Is Fortuna Mining's Change In Inventory too high?
Fortuna Mining's current Change In Inventory is C$-9 Mil. Overall, Fortuna Mining has a GF Score™ of 90/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Fortuna Mining's Change In Inventory compare to NEM and AU?
Fortuna Mining's Change In Inventory of C$-9 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 Fortuna Mining and its competitors. Fortuna Mining's current Change In Inventory is C$-9 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Fortuna Mining stock overvalued right now?
Based on GuruFocus' analysis, Fortuna Mining (TSX:FVI) is currently considered Modestly Overvalued. The stock's GF Value™ is C$9.51, compared to a current price of C$11.81 — trading 24.2% above its estimated fair value. The current Change In Inventory is C$-9 Mil. Fortuna Mining's overall GF Score™ is 90/100. 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 Fortuna Mining (TSX:FVI), the current Change In Inventory is C$-9 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 Fortuna Mining (TSX:FVI) Overvalued in 2026?

Based on GuruFocus' analysis, Fortuna Mining stock appears to be overvalued. The current stock price of C$11.81 is trading 24.2% above its estimated GF Value™ of C$9.51. GuruFocus considers Fortuna Mining to be Modestly Overvalued.

Key valuation signals for TSX:FVI:

  • Change In Inventory: C$-9 Mil
  • GF Value™: C$9.51 vs. price of C$11.81 (24.2% above fair value)
  • GF Score™: 90/100

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

Fortuna Mining Business Description

Address 1111 Melville Street, Suite 820, Vancouver, BC, CAN, V6E 3V6
Fortuna Mining Corp is a Canadian-based precious metals mining company with mines in the Latin America and West Africa regions producing gold and silver. It operate mines in Argentina, Burkina Faso, Cote d'voire, Mexico, and Peru. The company's segment consists of Mansfield, Sango, Bateas, Corporate. The company generates the majority of its revenue from Sango segment which operates the Seguela gold mine. Geographically, the company generates the majority of its revenue from Cote d' Ivoire location.
90GF Score

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

C$11.81
Price
C$9.51
GF Value