First Majestic Silver (XSWX:AG) Change In Inventory: CHF-6.9 Mil (TTM As of Mar. 2026)

What is First Majestic Silver Change In Inventory?

First Majestic Silver XSWX:AG 59 Change In Inventory is CHF-6.9 Mil as of Mar. 2026. GuruFocus rates XSWX:AG with a GF Score™ of 59/100 and a GF Value™ of CHF2.82. The stock has 2 warning signs investors should review.

First Majestic Silver's change in inventory for the quarter that ended in Mar. 2026 was CHF-6.5 Mil. It means First Majestic Silver's inventory increased by CHF6.5 Mil from Dec. 2025 to Mar. 2026 .

First Majestic Silver's change in inventory for the fiscal year that ended in Dec. 2025 was CHF-0.3 Mil. It means First Majestic Silver's inventory increased by CHF0.3 Mil from Dec. 2024 to Dec. 2025 .

First Majestic Silver's Total Inventories for the quarter that ended in Mar. 2026 was CHF70.9 Mil.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. First Majestic Silver's Days Inventory for the quarter that ended in Mar. 2026 was 37.42.

Inventory Turnover measures how fast the company turns over its inventory within a year. First Majestic Silver's Inventory Turnover for the quarter that ended in Mar. 2026 was 2.44.

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 Majestic Silver's Inventory-to-Revenue for the quarter that ended in Mar. 2026 was 0.18.

First Majestic Silver (XSWX:AG) Change In Inventory Explanation

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

First Majestic Silver's Days Inventory for the quarter that ended in is calculated as:

Days Inventory	=	Average Total Inventories	/	Cost of Goods Sold	*	Days in Period
	=	69.195	/	168.751	*	365 / 4
	=	37.42

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

First Majestic Silver's Inventory Turnover for the quarter that ended in Mar. 2026 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	168.751	/	69.195
	=	2.44

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

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	69.195	/	378.642
	=	0.18

* 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 Majestic Silver Change In Inventory Related Terms

First Majestic Silver Change In Inventory Historical Data

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The historical data trend for First Majestic Silver's Change In Inventory can be seen below:

First Majestic Silver Change In Inventory Chart

First Majestic Silver Annual Data

Trend

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

Dec25

Change In Inventory

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-8.25

-3.21

-0.44

2.02

-0.25

First Majestic Silver 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															0.14	-0.68	-7.79	8.09	-6.54

59GF Score

First Majestic Silver Corp XSWX:AG

Change In Inventory is just one metric. See GF Score™, valuation, warning signs, and more.

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First Majestic Silver 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 CHF-6.9 Mil.

Frequently Asked Questions Learn more about Change In Inventory →

What does a Change In Inventory of CHF-6.9 Mil mean?

First Majestic Silver (XSWX:AG) has a Change In Inventory of CHF-6.9 Mil as of Mar. 2026. Change in Inventory is the difference between current-period inventory and past-period inventory. View historical data for First Majestic Silver and its competitors.

Is First Majestic Silver's Change In Inventory too high?

First Majestic Silver's current Change In Inventory is CHF-6.9 Mil. Overall, First Majestic Silver has a GF Score™ of 59/100, reflecting its overall financial health beyond just this single metric.

How does First Majestic Silver's Change In Inventory compare to EXK?

First Majestic Silver's Change In Inventory of CHF-6.9 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 First Majestic Silver and its competitors. First Majestic Silver's current Change In Inventory is CHF-6.9 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.

Is First Majestic Silver stock overvalued right now?

First Majestic Silver (XSWX:AG) has a current Change In Inventory of CHF-6.9 Mil. The stock's GF Value™ is CHF2.82, compared to a current price of CHF14.34 — trading 408.7% above its estimated fair value. The current Change In Inventory is CHF-6.9 Mil. First Majestic Silver's overall GF Score™ is 59/100 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 First Majestic Silver (XSWX:AG), the current Change In Inventory is CHF-6.9 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 First Majestic Silver (XSWX:AG) Overvalued in 2026?

Based on GuruFocus' analysis, First Majestic Silver stock appears to be overvalued. The current stock price of CHF14.34 is trading 408.7% above its estimated GF Value™ of CHF2.82.

Key valuation signals for XSWX:AG:

Change In Inventory: CHF-6.9 Mil
GF Value™: CHF2.82 vs. price of CHF14.34 (408.7% above fair value)
GF Score™: 59/100 with 2 warning signs

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

First Majestic Silver Business Description

Industry Basic Materials Metals & Mining

Comparable Companies TSX:DSV TSX:AYA TSX:SVM TSX:HSLV TSX:NUAG TSX:APM TSXV:SVRS TSXV:GSVR TSX:BNKR TSX:AGMR EXK ASX:USL OHEL:SOSI1 TSXV:BIG TSXV:APGO TSXV:MGG TSXV:SVE TSXV:AGAG XCNQ:KUYA TSXV:EXN

Other Exchanges AG:USA AG1 N:Mexico 0QYC:UK FMV:Germany AG:Canada

Address 925 West Georgia Street, Suite 1800, Vancouver, BC, CAN, V6C 3L2

Website https://www.firstmajestic.com

First Majestic Silver Corp is in the business of production, development, exploration, and acquisition of mineral properties with a focus on silver and gold production in North America. The company owns four producing mines in Mexico, consisting of the Santa Elena Silver/Gold Mine, the San Dimas Silver/Gold Mine, the Los Gatos Silver Mine, and the La Encantada Silver Mine. It also owns the Jerritt Canyon Gold Mine in Nevada, USA. Additionally, the firm holds interests in the San Martin Silver Mine and the Del Toro Silver Mine, and several exploration-stage projects. The majority of the company's revenues are from the sale of precious metals contained in dore and concentrate form. It generates maximum revenue from the sale of silver, followed by gold, zinc, copper, and other metals.

59GF Score

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

CHF14.34

Price

CHF2.82

GF Value

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