Mako Mining (FRA:GQR0) Days Inventory: 103.52 (As of Mar. 2026) — Near Median

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Director of Data and Quant Analytics at GuruFocus
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Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

FRA:GQR0 Mako Mining Corp FRA:GQR0
82 GF Score
Price €6.10
GF Value €4.17
Valuation Significantly Overvalued
View Full Analysis

What is Mako Mining Days Inventory?

Mako Mining FRA:GQR0 -1.61% 82 Days Inventory is 103.52 as of Mar. 2026, which is 3% above its 10-year median of 100.94. GuruFocus rates FRA:GQR0 with a GF Score™ of 82/100 and a GF Value™ of €4.17 (Significantly Overvalued). Among 685 Metals & Mining companies, Mako Mining ranks worse than 64.23% on this metric.

Days Inventory is also known as Days Sales of Inventory (DSI). Mako Mining's Average Total Inventories for the three months ended in Mar. 2026 was €26.7 Mil. Mako Mining's Cost of Goods Sold for the three months ended in Mar. 2026 was €23.6 Mil. Hence, Mako Mining's Days Inventory for the three months ended in Mar. 2026 was 103.52.

The historical rank and industry rank for Mako Mining's Days Inventory or its related term are showing as below:

FRA:GQR0' s Days Inventory Range Over the Past 10 Years
Min: 57.35   Med: 100.94   Max: 3233.37
Current: 111.33

During the past 13 years, Mako Mining's highest Days Inventory was 3233.37. The lowest was 57.35. And the median was 100.94.

FRA:GQR0's Days Inventory is ranked worse than
64.23% of 685 companies
in the Metals & Mining industry
Industry Median: 86.51 vs FRA:GQR0: 111.33

Mako Mining's Days Inventory increased from Mar. 2025 (99.92) to Mar. 2026 (103.52). It might indicate that Mako Mining's sales slowed down.

Inventory Turnover measures how fast the company turns over its inventory within a year. Mako Mining's Inventory Turnover for the three months ended in Mar. 2026 was 0.88.

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. Mako Mining's Inventory-to-Revenue for the three months ended in Mar. 2026 was 0.45.


Mako Mining  (FRA:GQR0) Days Inventory Explanation

Days Inventory indicates the liquidity of the inventory. Generally, a lower Days Inventory is preferred as it indicates a shorter duration to clear off the inventory. An increase of the ratio may indicate the company's sales slowed. Similar ratios related to Days Inventory are:

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

Mako Mining's Inventory Turnover for the three months ended in Mar. 2026 is calculated as

2. 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.

Mako Mining's Inventory to Revenue for the three months 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.


Be Aware

A lot of business are seasonable. It makes more sense to compare Days Inventory from the same period in the previous year instead of from the previous quarter.


Mako Mining Days Inventory Related Terms


Mako Mining Days Inventory Historical Data

* Premium members only.

The historical data trend for Mako Mining's Days 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.

Mako Mining Days Inventory Chart

Mako Mining Annual Data
Trend Apr16 Apr17 Apr18 Apr19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Days Inventory
Get a 7-Day Free Trial Premium Member Only Premium Member Only 57.14 58.32 104.93 97.40 103.30

Mako Mining Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Days 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 99.92 107.16 116.81 114.88 103.52

FRA:GQR0 vs NEM, AU: Days Inventory Comparison

For the Gold subindustry, Mako Mining's Days Inventory, along with its competitors' market caps and Days Inventory data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Mako Mining Days Inventory vs Metals & Mining Industry

For the Metals & Mining industry and Basic Materials sector, Mako Mining's Days Inventory distribution charts can be found below:

* The bar in red indicates where Mako Mining's Days Inventory falls into.


FRA:GQR0
82GF Score
Mako Mining Corp FRA:GQR0
Days Inventory is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Mako Mining Days Inventory Calculation

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

Mako Mining's Days Inventory for the fiscal year that ended in Dec. 2025 is calculated as

Days Inventory (A: Dec. 2025 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (A: Dec. 2024 ) + Total Inventories (A: Dec. 2025 )) / count ) / Cost of Goods Sold (A: Dec. 2025 )*Days in Period
=( (10.588 + 24.918) / 2 ) / 62.73*365
=17.753 / 62.73*365
=103.30

Mako Mining's Days Inventory for the quarter that ended in Mar. 2026 is calculated as:

Days Inventory (Q: Mar. 2026 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (Q: Dec. 2025 ) + Total Inventories (Q: Mar. 2026 )) / count ) / Cost of Goods Sold (Q: Mar. 2026 )*Days in Period
=( (24.918 + 28.556) / 2 ) / 23.568*365 / 4
=26.737 / 23.568*365 / 4
=103.52

* 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 Days Inventory →
What does a Days Inventory of 103.52 mean?
Mako Mining (FRA:GQR0) has a Days Inventory of 103.52 as of Mar. 2026. Days inventory represents the average amount of days a company holds inventory before selling it. View historical data on Mako Mining and its competitors. This is near median its historical median of 100.94. Over the past decade, Mako Mining's Days Inventory has ranged from 57.35 to 3,233.37. According to the industry distribution chart, Mako Mining ranks #440 out of 685 companies in the Metals & Mining industry, placing it in the top 64.2%.
Is Mako Mining's Days Inventory too high?
Mako Mining's current Days Inventory of 103.52 is near median its 10-year median of 100.94. Over the past 10 years, this metric has ranged from a low of 57.35 to a high of 3,233.37. The Metals & Mining industry median Days Inventory is 86.51. Mako Mining's value of 103.52 is 19.7% above this industry median. Based on the distribution chart, Mako Mining ranks #440 out of 685 companies in the Metals & Mining industry, which is below the industry midpoint. Overall, Mako Mining has a GF Score™ of 82/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Mako Mining's Days Inventory compare to NEM and AU?
According to the Metals & Mining industry distribution chart, Mako Mining ranks #440 out of 685 companies for Days Inventory. This places Mako Mining in the lower half of its industry. The industry median Days Inventory is 86.51. Mako Mining's value of 103.52 is 19.7% above this benchmark. Historically, Mako Mining's own Days Inventory has ranged from 57.35 to 3,233.37 over the past decade. While the company's 10-year median is 100.94 vs. the industry median of 86.51, Mako Mining has consistently been above the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Days Inventory for a Metals & Mining company?
The median Days Inventory among Metals & Mining companies is 86.51, based on 685 companies in the industry. Companies in the top quartile (top 25%) have a Days Inventory significantly above this median, while those in the bottom quartile fall well below. However, Days Inventory should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Mako Mining's current Days Inventory of 103.52 is 19.7% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Days Inventory mean?
A high Days Inventory can signal that a stock is expensive relative to its fundamentals. Days inventory represents the average amount of days a company holds inventory before selling it. View historical data on Mako Mining and its competitors. For the Metals & Mining industry, the median Days Inventory is 86.51 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Mako Mining's current Days Inventory is 103.52, which is near median its own 10-year median of 100.94. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Mako Mining stock overvalued right now?
Based on GuruFocus' analysis, Mako Mining (FRA:GQR0) is currently considered Significantly Overvalued. The stock's GF Value™ is €4.17, compared to a current price of €6.10 — trading 46.3% above its estimated fair value. The current Days Inventory is 103.52, which is near median its 10-year median of 100.94 and 19.7% above the Metals & Mining industry median of 86.51. Mako Mining's overall GF Score™ is 82/100. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Days Inventory calculated?
Days Inventory is calculated from a company's financial statements. For Mako Mining (FRA:GQR0), the current Days Inventory is 103.52 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 Mako Mining (FRA:GQR0) Overvalued in 2026?

Based on GuruFocus' analysis, Mako Mining stock appears to be overvalued. The current stock price of €6.10 is trading 46.3% above its estimated GF Value™ of €4.17. GuruFocus considers Mako Mining to be Significantly Overvalued.

Key valuation signals for FRA:GQR0:

  • Days Inventory: 103.52 (near median its 10-year median of 100.94)
  • GF Value™: €4.17 vs. price of €6.10 (46.3% above fair value)
  • GF Score™: 82/100
  • Industry Position: 19.7% above the Metals & Mining median (#440 of 685)

No single metric tells the full story. See the FRA:GQR0 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Mako Mining Business Description

Other Exchanges MAKO:USAMKO:Canada
Address 838 West Hastings Street, Suite 700, Vancouver, BC, CAN, V6C 0A6
Mako Mining Corp is a gold mining, development, and exploration firm. The companies primary asset is the San Albino mine, an open-pit mine located in Nicaragua. In addition to its mining operation, the company continues to explore its other concessions in Nicaragua and Guyana.
82GF Score

Get the complete analysis for FRA:GQR0

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

€6.10
Price
€4.17
GF Value