NewmontFRA:NMM -0.21%79 Days Inventory is 95.31 as of Mar. 2026, which is 9% above its 10-year median of 87.19. GuruFocus rates FRA:NMM with a GF Score™ of 79/100 and a GF Value™ of €63.78 (Modestly Overvalued). The stock has 2 warning signs investors should review. Among 681 Metals & Mining companies, Newmont ranks worse than 50.22% on this metric.
Days Inventory is also known as Days Sales of Inventory (DSI). Newmont's Average Total Inventories for the
three
months ended in Mar. 2026 was €2,321 Mil. Newmont's Cost of Goods Sold for the
three
months ended in Mar. 2026 was €2,222 Mil.
Hence, Newmont's Days Inventory for the
three
months ended in Mar. 2026 was 95.31.
The historical rank and industry rank for Newmont's Days Inventory or its related term are showing as below:
FRA:NMM'
s Days Inventory Range Over the Past 10 Years
Min: 74.66 Med: 87.19 Max: 100.37
Current: 86.41
During the past 13 years, Newmont's highest Days Inventory was 100.37. The lowest was 74.66. And the median was 87.19.
FRA:NMM's Days Inventory is ranked worse than 50.22% of 681
companies
in the Metals & Mining industry
Industry Median: 85.61
vs FRA:NMM: 86.41
Newmont's Days Inventory
increased
from Mar. 2025 (76.74) to Mar. 2026 (95.31).
It might indicate that Newmont's sales slowed down.
Inventory Turnover measures how fast the company turns over its inventory within a year.
Newmont's Inventory Turnover for the
three
months ended in Mar. 2026 was 0.96.
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.
Newmont's Inventory-to-Revenue for the
three
months ended in Mar. 2026 was 0.37.
Newmont (FRA:NMM) 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.
Newmont'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.
Newmont'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.
Newmont Days Inventory Related Terms
Newmont Days Inventory Historical Data
* Premium members only.
The historical data trend for Newmont'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.
FRA:NMM vs AU, RGLD, CDE: Days Inventory Comparison
For the Gold subindustry, Newmont'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.
Newmont Days Inventory vs Metals & Mining Industry
For the Metals & Mining industry and Basic Materials sector, Newmont's Days Inventory distribution charts can be found below:
* The bar in red indicates where Newmont's Days Inventory falls into.
* 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.
Newmont (FRA:NMM) has a Days Inventory of 95.31 as of Mar. 2026. Days inventory represents the average amount of days a company holds inventory before selling it. View historical data on Newmont and its competitors. This is near median its historical median of 87.19. Over the past decade, Newmont's Days Inventory has ranged from 74.66 to 100.37. According to the industry distribution chart, Newmont ranks #342 out of 681 companies in the Metals & Mining industry, placing it in the top 50.2%.
Is Newmont's Days Inventory too high?
Newmont's current Days Inventory of 95.31 is near median its 10-year median of 87.19. Over the past 10 years, this metric has ranged from a low of 74.66 to a high of 100.37. The Metals & Mining industry median Days Inventory is 85.61. Newmont's value of 95.31 is 11.3% above this industry median. Based on the distribution chart, Newmont ranks #342 out of 681 companies in the Metals & Mining industry, which is below the industry midpoint. Overall, Newmont has a GF Score™ of 79/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Newmont's Days Inventory compare to AU and RGLD?
According to the Metals & Mining industry distribution chart, Newmont ranks #342 out of 681 companies for Days Inventory. This places Newmont in the lower half of its industry. The industry median Days Inventory is 85.61. Newmont's value of 95.31 is 11.3% above this benchmark. Historically, Newmont's own Days Inventory has ranged from 74.66 to 100.37 over the past decade. While the company's 10-year median is 87.19 vs. the industry median of 85.61, Newmont 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 85.61, based on 681 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. Newmont's current Days Inventory of 95.31 is 11.3% 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 Newmont and its competitors. For the Metals & Mining industry, the median Days Inventory is 85.61 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Newmont's current Days Inventory is 95.31, which is near median its own 10-year median of 87.19. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Newmont stock overvalued right now?
Based on GuruFocus' analysis, Newmont (FRA:NMM) is currently considered Modestly Overvalued. The stock's GF Value™ is €63.78, compared to a current price of €82.00 — trading 28.6% above its estimated fair value. The current Days Inventory is 95.31, which is near median its 10-year median of 87.19 and 11.3% above the Metals & Mining industry median of 85.61. Newmont's overall GF Score™ is 79/100 with 2 warning signs to review. 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 Newmont (FRA:NMM), the current Days Inventory is 95.31 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 Newmont (FRA:NMM) Overvalued in 2026?
Based on GuruFocus' analysis, Newmont stock appears to be overvalued.
The current stock price of €82.00 is trading 28.6% above its estimated GF Value™ of €63.78.
GuruFocus considers Newmont to be Modestly Overvalued.
Key valuation signals for FRA:NMM:
Days Inventory: 95.31 (near median its 10-year median of 87.19)
GF Value™: €63.78 vs. price of €82.00 (28.6% above fair value)
Industry Position: 11.3% above the Metals & Mining median (#342 of 681)
No single metric tells the full story. See the FRA:NMM stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Newmont is the world's largest gold miner. It bought Goldcorp in 2019, combined its Nevada mines in a joint venture with competitor Barrick later that year, and also purchased competitor Newcrest in November 2023. Its portfolio includes 11 mines and interests in two joint ventures in the Americas, Africa, Australia, and Papua New Guinea. The company is expected to sell roughly 5.3 million ounces of gold in 2026 from its continuing mines after selling six higher-cost, smaller mines following the Newcrest acquisition. Newmont also produces material amounts of copper, silver, zinc, and lead as byproducts. It had about two decades of gold reserves, along with significant byproduct reserves at the end of December 2025.
79GF Score
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