Freeport-McMoRanMEX:FCX +1.79%82 Days Inventory is 148.48 as of Mar. 2026, which is 25% above its 10-year median of 118.97. GuruFocus rates MEX:FCX with a GF Score™ of 82/100 and a GF Value™ of MXN844.58 (Modestly Overvalued). Among 681 Metals & Mining companies, Freeport-McMoRan ranks worse than 74.3% on this metric.
The historical rank and industry rank for Freeport-McMoRan's Days Inventory or its related term are showing as below:
MEX:FCX'
s Days Inventory Range Over the Past 10 Years
Min: 80.32 Med: 118.97 Max: 140.18
Current: 138.26
During the past 13 years, Freeport-McMoRan's highest Days Inventory was 140.18. The lowest was 80.32. And the median was 118.97.
MEX:FCX's Days Inventory is ranked worse than 74.3% of 681
companies
in the Metals & Mining industry
Industry Median: 85.61
vs MEX:FCX: 138.26
Freeport-McMoRan's Days Inventory
declined
from Mar. 2025 (151.45) to Mar. 2026 (148.48).
Inventory Turnover measures how fast the company turns over its inventory within a year.
Freeport-McMoRan's Inventory Turnover for the
three
months ended in Mar. 2026 was 0.61.
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.
Freeport-McMoRan's Inventory-to-Revenue for the
three
months ended in Mar. 2026 was 1.20.
Freeport-McMoRan (MEX:FCX) 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.
Freeport-McMoRan'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.
Freeport-McMoRan'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.
Freeport-McMoRan Days Inventory Related Terms
Freeport-McMoRan Days Inventory Historical Data
* Premium members only.
The historical data trend for Freeport-McMoRan'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.
MEX:FCX vs SCCO, IE, COPRD: Days Inventory Comparison
For the Copper subindustry, Freeport-McMoRan'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.
Freeport-McMoRan Days Inventory vs Metals & Mining Industry
For the Metals & Mining industry and Basic Materials sector, Freeport-McMoRan's Days Inventory distribution charts can be found below:
* The bar in red indicates where Freeport-McMoRan'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.
Freeport-McMoRan (MEX:FCX) has a Days Inventory of 148.48 as of Mar. 2026. Days inventory represents the average amount of days a company holds inventory before selling it. View historical data on Freeport-McMoRan and its competitors. This is 25% above median its historical median of 118.97. Over the past decade, Freeport-McMoRan's Days Inventory has ranged from 80.32 to 140.18. According to the industry distribution chart, Freeport-McMoRan ranks #506 out of 681 companies in the Metals & Mining industry, placing it in the top 74.3%.
Is Freeport-McMoRan's Days Inventory too high?
Freeport-McMoRan's current Days Inventory of 148.48 is 25% above median its 10-year median of 118.97. Over the past 10 years, this metric has ranged from a low of 80.32 to a high of 140.18. The Metals & Mining industry median Days Inventory is 85.61. Freeport-McMoRan's value of 148.48 is 73.4% above this industry median. Based on the distribution chart, Freeport-McMoRan ranks #506 out of 681 companies in the Metals & Mining industry, which is below the industry midpoint. Overall, Freeport-McMoRan has a GF Score™ of 82/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Freeport-McMoRan's Days Inventory compare to SCCO and IE?
According to the Metals & Mining industry distribution chart, Freeport-McMoRan ranks #506 out of 681 companies for Days Inventory. This places Freeport-McMoRan in the lower half of its industry. The industry median Days Inventory is 85.61. Freeport-McMoRan's value of 148.48 is 73.4% above this benchmark. Historically, Freeport-McMoRan's own Days Inventory has ranged from 80.32 to 140.18 over the past decade. While the company's 10-year median is 118.97 vs. the industry median of 85.61, Freeport-McMoRan 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. Freeport-McMoRan's current Days Inventory of 148.48 is 73.4% 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 Freeport-McMoRan 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. Freeport-McMoRan's current Days Inventory is 148.48, which is 25% above median its own 10-year median of 118.97. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Freeport-McMoRan stock overvalued right now?
Based on GuruFocus' analysis, Freeport-McMoRan (MEX:FCX) is currently considered Modestly Overvalued. The stock's GF Value™ is MXN844.58, compared to a current price of MXN1,099.35 — trading 30.2% above its estimated fair value. The current Days Inventory is 148.48, which is 25% above median its 10-year median of 118.97 and 73.4% above the Metals & Mining industry median of 85.61. Freeport-McMoRan'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 Freeport-McMoRan (MEX:FCX), the current Days Inventory is 148.48 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 Freeport-McMoRan (MEX:FCX) Overvalued in 2026?
Based on GuruFocus' analysis, Freeport-McMoRan stock appears to be overvalued.
The current stock price of MXN1,099.35 is trading 30.2% above its estimated GF Value™ of MXN844.58.
GuruFocus considers Freeport-McMoRan to be Modestly Overvalued.
Key valuation signals for MEX:FCX:
Days Inventory: 148.48 (25% above median its 10-year median of 118.97)
GF Value™: MXN844.58 vs. price of MXN1,099.35 (30.2% above fair value)
Industry Position: 73.4% above the Metals & Mining median (#506 of 681)
No single metric tells the full story. See the MEX:FCX stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Freeport-McMoRan owns stakes in 10 copper mines, led by its 49% ownership of the Grasberg copper and gold operations in Indonesia, 55% of the Cerro Verde mine in Peru, and 72% of Morenci in Arizona. It sold around 1.1 million metric tons of copper (its share) in 2025, making it the one of the world's largest copper miners by volume. It also sold about 530,000 ounces of gold, mostly from Grasberg, and 74 million pounds of molybdenum. It had about 25 years of copper reserves at the end of December 2025. We expect it to sell about 1.3 million metric tons of copper and 610,000 ounces of gold midcycle in 2030.
82GF Score
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