B2GoldNAM:B2G 89 Days Inventory is 107.54 as of Mar. 2026, which is 4% below its 10-year median of 112.50. GuruFocus rates NAM:B2G with a GF Score™ of 89/100 and a GF Value™ of R71.28. The stock has 6 warning signs investors should review. Among 682 Metals & Mining companies, B2Gold ranks worse than 70.23% on this metric.
Days Inventory is also known as Days Sales of Inventory (DSI). B2Gold's Average Total Inventories for the
three
months ended in Mar. 2026 was R10,834 Mil. B2Gold's Cost of Goods Sold for the
three
months ended in Mar. 2026 was R9,194 Mil.
Hence, B2Gold's Days Inventory for the
three
months ended in Mar. 2026 was 107.54.
The historical rank and industry rank for B2Gold's Days Inventory or its related term are showing as below:
NAM:B2G'
s Days Inventory Range Over the Past 10 Years
Min: 74.6 Med: 112.5 Max: 133.61
Current: 125.25
During the past 13 years, B2Gold's highest Days Inventory was 133.61. The lowest was 74.60. And the median was 112.50.
NAM:B2G's Days Inventory is ranked worse than 70.23% of 682
companies
in the Metals & Mining industry
Industry Median: 86.01
vs NAM:B2G: 125.25
B2Gold's Days Inventory
declined
from Mar. 2025 (147.68) to Mar. 2026 (107.54).
Inventory Turnover measures how fast the company turns over its inventory within a year.
B2Gold's Inventory Turnover for the
three
months ended in Mar. 2026 was 0.85.
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.
B2Gold's Inventory-to-Revenue for the
three
months ended in Mar. 2026 was 0.56.
B2Gold (NAM:B2G) 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.
B2Gold'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.
B2Gold'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.
B2Gold Days Inventory Related Terms
B2Gold Days Inventory Historical Data
* Premium members only.
The historical data trend for B2Gold'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.
For the Gold subindustry, B2Gold'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.
B2Gold Days Inventory vs Metals & Mining Industry
For the Metals & Mining industry and Basic Materials sector, B2Gold's Days Inventory distribution charts can be found below:
* The bar in red indicates where B2Gold'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.
B2Gold (NAM:B2G) has a Days Inventory of 107.54 as of Mar. 2026. Days inventory represents the average amount of days a company holds inventory before selling it. View historical data on B2Gold and its competitors. This is near median its historical median of 112.50. Over the past decade, B2Gold's Days Inventory has ranged from 74.60 to 133.61. According to the industry distribution chart, B2Gold ranks #479 out of 682 companies in the Metals & Mining industry, placing it in the top 70.2%.
Is B2Gold's Days Inventory too high?
B2Gold's current Days Inventory of 107.54 is near median its 10-year median of 112.50. Over the past 10 years, this metric has ranged from a low of 74.60 to a high of 133.61. The Metals & Mining industry median Days Inventory is 86.01. B2Gold's value of 107.54 is 25% above this industry median. Based on the distribution chart, B2Gold ranks #479 out of 682 companies in the Metals & Mining industry, which is below the industry midpoint. Overall, B2Gold has a GF Score™ of 89/100, reflecting its overall financial health beyond just this single metric.
How does B2Gold's Days Inventory compare to NEM and AU?
According to the Metals & Mining industry distribution chart, B2Gold ranks #479 out of 682 companies for Days Inventory. This places B2Gold in the lower half of its industry. The industry median Days Inventory is 86.01. B2Gold's value of 107.54 is 25% above this benchmark. Historically, B2Gold's own Days Inventory has ranged from 74.60 to 133.61 over the past decade. While the company's 10-year median is 112.50 vs. the industry median of 86.01, B2Gold 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 86.01, based on 682 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. B2Gold's current Days Inventory of 107.54 is 25% 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 B2Gold and its competitors. For the Metals & Mining industry, the median Days Inventory is 86.01 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. B2Gold's current Days Inventory is 107.54, which is near median its own 10-year median of 112.50. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is B2Gold stock overvalued right now?
B2Gold (NAM:B2G) has a current Days Inventory of 107.54. The stock's GF Value™ is R71.28, compared to a current price of R56.42 — trading 20.8% below its estimated fair value. The current Days Inventory is 107.54, which is near median its 10-year median of 112.50 and 25% above the Metals & Mining industry median of 86.01. B2Gold's overall GF Score™ is 89/100 with 6 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 B2Gold (NAM:B2G), the current Days Inventory is 107.54 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 B2Gold (NAM:B2G) Overvalued in 2026?
Based on GuruFocus' analysis, B2Gold stock appears to be undervalued.
The current stock price of R56.42 is trading 20.8% below its estimated GF Value™ of R71.28.
Key valuation signals for NAM:B2G:
Days Inventory: 107.54 (near median its 10-year median of 112.50)
GF Value™: R71.28 vs. price of R56.42 (20.8% below fair value)
Industry Position: 25% above the Metals & Mining median (#479 of 682)
No single metric tells the full story. See the NAM:B2G stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
B2Gold Corp is an international, low-cost, senior gold mining company. It has three operating open-pit gold mines in Mali, Namibia, and the Philippines and numerous exploration projects across four continents. Other assets include the Gramalote gold projects. The company focuses on acquiring and developing interests in mineral properties with a primary focus on gold deposits as gold production forms all its revenue. The company's reportable operating segments include its mining operations and development projects, namely Fekola; Masbate; Otjikoto; the Goose Project, and other mineral properties; and corporate and other.
89GF Score
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