MUX (McEwen) Days Inventory: 62.40 (As of Mar. 2026) — 26% Below Median


MUX McEwen Inc MUX
66 GF Score
Price $18.00
GF Value $11.06
Valuation Significantly Overvalued
! 3 Warning Signs
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What is McEwen Days Inventory?

McEwen MUX +3.93% 66 Days Inventory is 62.40 as of Mar. 2026, which is 26% below its 10-year median of 84.35. GuruFocus rates MUX with a GF Score™ of 66/100 and a GF Value™ of $11.06 (Significantly Overvalued). The stock has 3 warning signs investors should review. Among 681 Metals & Mining companies, McEwen ranks better than 68.72% on this metric.

Days Inventory is also known as Days Sales of Inventory (DSI). McEwen's Average Total Inventories for the three months ended in Mar. 2026 was $29.1 Mil. McEwen's Cost of Goods Sold for the three months ended in Mar. 2026 was $42.6 Mil. Hence, McEwen's Days Inventory for the three months ended in Mar. 2026 was 62.40.

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

MUX' s Days Inventory Range Over the Past 10 Years
Min: 48.38   Med: 84.35   Max: 225.58
Current: 57.98

During the past 13 years, McEwen's highest Days Inventory was 225.58. The lowest was 48.38. And the median was 84.35.

MUX's Days Inventory is ranked better than
68.72% of 681 companies
in the Metals & Mining industry
Industry Median: 85.61 vs MUX: 57.98

McEwen's Days Inventory declined from Mar. 2025 (69.17) to Mar. 2026 (62.40).

Inventory Turnover measures how fast the company turns over its inventory within a year. McEwen's Inventory Turnover for the three months ended in Mar. 2026 was 1.46.

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. McEwen's Inventory-to-Revenue for the three months ended in Mar. 2026 was 0.39.


McEwen  (NYSE:MUX) 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.

McEwen'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.

McEwen'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.


McEwen Days Inventory Related Terms


McEwen Days Inventory Historical Data

* Premium members only.

The historical data trend for McEwen'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.

McEwen Days Inventory Chart

McEwen Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Days Inventory
Get a 7-Day Free Trial Premium Member Only Premium Member Only 54.56 78.17 63.53 48.38 54.69

McEwen 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 69.17 59.48 57.30 54.44 62.40

MUX vs LODE, GORO, THMG: Days Inventory Comparison

For the Other Precious Metals & Mining subindustry, McEwen'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.


McEwen Days Inventory vs Metals & Mining Industry

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

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


MUX
66GF Score
McEwen Inc MUX
Days Inventory is just one metric. See GF Score™, valuation, warning signs, and more.
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McEwen Days Inventory Calculation

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

McEwen'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
=( (18.111 + 26.836) / 2 ) / 149.989*365
=22.4735 / 149.989*365
=54.69

McEwen'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
=( (26.836 + 31.361) / 2 ) / 42.554*365 / 4
=29.0985 / 42.554*365 / 4
=62.40

* 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 62.40 mean?
McEwen (MUX) has a Days Inventory of 62.40 as of Mar. 2026. Days inventory represents the average amount of days a company holds inventory before selling it. View historical data on McEwen and its competitors. This is 26% below median its historical median of 84.35. Over the past decade, McEwen's Days Inventory has ranged from 48.38 to 225.58. According to the industry distribution chart, McEwen ranks #213 out of 681 companies in the Metals & Mining industry, placing it in the top 31.3%.
Is McEwen's Days Inventory too high?
McEwen's current Days Inventory of 62.40 is 26% below median its 10-year median of 84.35. Over the past 10 years, this metric has ranged from a low of 48.38 to a high of 225.58. The Metals & Mining industry median Days Inventory is 85.61. McEwen's value of 62.40 is 27.1% below this industry median. Based on the distribution chart, McEwen ranks #213 out of 681 companies in the Metals & Mining industry, which is above the industry midpoint. Overall, McEwen has a GF Score™ of 66/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does McEwen's Days Inventory compare to LODE and GORO?
According to the Metals & Mining industry distribution chart, McEwen ranks #213 out of 681 companies for Days Inventory. This puts McEwen in the upper half of its industry. The industry median Days Inventory is 85.61. McEwen's value of 62.40 is 27.1% below this benchmark. Historically, McEwen's own Days Inventory has ranged from 48.38 to 225.58 over the past decade. While the company's 10-year median is 84.35 vs. the industry median of 85.61, McEwen has consistently been below 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. McEwen's current Days Inventory of 62.40 is 27.1% below 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 McEwen 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. McEwen's current Days Inventory is 62.40, which is 26% below median its own 10-year median of 84.35. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is McEwen stock overvalued right now?
Based on GuruFocus' analysis, McEwen (MUX) is currently considered Significantly Overvalued. The stock's GF Value™ is $11.06, compared to a current price of $18.00 — trading 62.7% above its estimated fair value. The current Days Inventory is 62.40, which is 26% below median its 10-year median of 84.35 and 27.1% below the Metals & Mining industry median of 85.61. McEwen's overall GF Score™ is 66/100 with 3 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 McEwen (MUX), the current Days Inventory is 62.40 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 McEwen (MUX) Overvalued in 2026?

Based on GuruFocus' analysis, McEwen stock appears to be overvalued. The current stock price of $18.00 is trading 62.7% above its estimated GF Value™ of $11.06. GuruFocus considers McEwen to be Significantly Overvalued.

Key valuation signals for MUX:

  • Days Inventory: 62.40 (26% below median its 10-year median of 84.35)
  • GF Value™: $11.06 vs. price of $18.00 (62.7% above fair value)
  • GF Score™: 66/100 with 3 warning signs
  • Industry Position: 27.1% below the Metals & Mining median (#213 of 681)

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


McEwen Business Description

Address 150 King Street West, Suite 2800, PO Box 24, Toronto, ON, CAN, M5H 1J9
McEwen Inc is a mining and minerals production and exploration company that focuses on precious and base minerals in Argentina, Mexico, and the United States. The company generates its revenue from gold and silver production. It owns and operates the wholly-owned El Gallo 1 mine in Mexico and holds a minority stake in the company that manages the San Jose mine in Argentina. Its Other operations include: Fox Complex, Gold Bar Complex, Project Fenix, and Los Azules. The company generates its revenue from gold and silver production. Its operating segments include Canada, United States, Mexico, MSC and McEwen Copper, of which it derives maximum revenue from USA.
66GF Score

Get the complete analysis for MUX

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

$18.00
Price
$11.06
GF Value