New Found GoldNFGC -4.55%29 Days Inventory is 100.57 as of Mar. 2026, which is 82% below its 10-year median of 565.69. GuruFocus rates NFGC with a GF Score™ of 29/100. The stock has 3 warning signs investors should review. Among 681 Metals & Mining companies, New Found Gold ranks worse than 88.25% on this metric.
Days Inventory is also known as Days Sales of Inventory (DSI). New Found Gold's Average Total Inventories for the
three
months ended in Mar. 2026 was $6.79 Mil. New Found Gold's Cost of Goods Sold for the
three
months ended in Mar. 2026 was $6.16 Mil.
Hence, New Found Gold's Days Inventory for the
three
months ended in Mar. 2026 was 100.57.
The historical rank and industry rank for New Found Gold's Days Inventory or its related term are showing as below:
NFGC'
s Days Inventory Range Over the Past 10 Years
Min: 244.41 Med: 565.69 Max: 565.69
Current: 244.41
During the past 7 years, New Found Gold's highest Days Inventory was 565.69. The lowest was 244.41. And the median was 565.69.
NFGC's Days Inventory is ranked worse than 88.25% of 681
companies
in the Metals & Mining industry
Industry Median: 85.61
vs NFGC: 244.41
New Found Gold's Days Inventory
increased
from Mar. 2025 (0.00) to Mar. 2026 (100.57).
It might indicate that New Found Gold's sales slowed down.
Warning Sign:
If a company builds up inventory, it may mean it is having difficulties selling its goods.
Inventory Turnover measures how fast the company turns over its inventory within a year.
New Found Gold's Inventory Turnover for the
three
months ended in Mar. 2026 was 0.91.
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.
New Found Gold's Inventory-to-Revenue for the
three
months ended in Mar. 2026 was 0.94.
New Found Gold (AMEX:NFGC) 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.
New Found Gold'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.
New Found Gold'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.
New Found Gold Days Inventory Related Terms
New Found Gold Days Inventory Historical Data
* Premium members only.
The historical data trend for New Found Gold'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, New Found Gold'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.
New Found Gold Days Inventory vs Metals & Mining Industry
For the Metals & Mining industry and Basic Materials sector, New Found Gold's Days Inventory distribution charts can be found below:
* The bar in red indicates where New Found Gold'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.
New Found Gold (NFGC) has a Days Inventory of 100.57 as of Mar. 2026. Days inventory represents the average amount of days a company holds inventory before selling it. View historical data on New Found Gold and its competitors. This is 82% below median its historical median of 565.69. Over the past decade, New Found Gold's Days Inventory has ranged from 244.41 to 565.69. According to the industry distribution chart, New Found Gold ranks #601 out of 681 companies in the Metals & Mining industry, placing it in the top 88.3%.
Is New Found Gold's Days Inventory too high?
New Found Gold's current Days Inventory of 100.57 is 82% below median its 10-year median of 565.69. Over the past 10 years, this metric has ranged from a low of 244.41 to a high of 565.69. The Metals & Mining industry median Days Inventory is 85.61. New Found Gold's value of 100.57 is 17.5% above this industry median. Based on the distribution chart, New Found Gold ranks #601 out of 681 companies in the Metals & Mining industry, which is in the bottom quartile relative to peers. Overall, New Found Gold has a GF Score™ of 29/100, reflecting its overall financial health beyond just this single metric.
How does New Found Gold's Days Inventory compare to NEM and AU?
According to the Metals & Mining industry distribution chart, New Found Gold ranks #601 out of 681 companies for Days Inventory. This places New Found Gold in the lower half of its industry. The industry median Days Inventory is 85.61. New Found Gold's value of 100.57 is 17.5% above this benchmark. Historically, New Found Gold's own Days Inventory has ranged from 244.41 to 565.69 over the past decade. While the company's 10-year median is 565.69 vs. the industry median of 85.61, New Found Gold 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. New Found Gold's current Days Inventory of 100.57 is 17.5% 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 New Found Gold 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. New Found Gold's current Days Inventory is 100.57, which is 82% below median its own 10-year median of 565.69. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is New Found Gold stock overvalued right now?
New Found Gold (NFGC) has a current Days Inventory of 100.57. The current Days Inventory is 100.57, which is 82% below median its 10-year median of 565.69 and 17.5% above the Metals & Mining industry median of 85.61. New Found Gold's overall GF Score™ is 29/100 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 New Found Gold (NFGC), the current Days Inventory is 100.57 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.
New Found Gold Corp is a mineral exploration company engaged in the acquisition, exploration and evaluation of resource properties with a focus on gold properties located in the Provinces of Newfoundland and Labrador and Ontario, Canada. The Companies exploration is focused on discovering and delineating gold resources. The Company has one material property: the Queensway Project located in Newfoundland, Canada (the Queensway Project).
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