Centerra Gold (TSX:CG) Days Inventory: 113.92 (As of Mar. 2026) — 53% Below Median


TSX:CG Centerra Gold Inc TSX:CG
90 GF Score
Price C$24.41
GF Value C$14.38
Valuation Significantly Overvalued
! 1 Warning Sign
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What is Centerra Gold Days Inventory?

Centerra Gold TSX:CG +3.96% 90 Days Inventory is 113.92 as of Mar. 2026, which is 53% below its 10-year median of 243.26. GuruFocus rates TSX:CG with a GF Score™ of 90/100 and a GF Value™ of C$14.38 (Significantly Overvalued). The stock has 1 warning sign investors should review. Among 680 Metals & Mining companies, Centerra Gold ranks worse than 63.38% on this metric.

Days Inventory is also known as Days Sales of Inventory (DSI). Centerra Gold's Average Total Inventories for the three months ended in Mar. 2026 was C$492 Mil. Centerra Gold's Cost of Goods Sold for the three months ended in Mar. 2026 was C$394 Mil. Hence, Centerra Gold's Days Inventory for the three months ended in Mar. 2026 was 113.92.

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

TSX:CG' s Days Inventory Range Over the Past 10 Years
Min: 103.97   Med: 243.26   Max: 496.65
Current: 109.97

During the past 13 years, Centerra Gold's highest Days Inventory was 496.65. The lowest was 103.97. And the median was 243.26.

TSX:CG's Days Inventory is ranked worse than
63.38% of 680 companies
in the Metals & Mining industry
Industry Median: 85.57 vs TSX:CG: 109.97

Centerra Gold's Days Inventory increased from Mar. 2025 (93.32) to Mar. 2026 (113.92). It might indicate that Centerra Gold's sales slowed down.

Inventory Turnover measures how fast the company turns over its inventory within a year. Centerra Gold's Inventory Turnover for the three months ended in Mar. 2026 was 0.80.

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. Centerra Gold's Inventory-to-Revenue for the three months ended in Mar. 2026 was 0.74.


Centerra Gold  (TSX:CG) 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.

Centerra 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.

Centerra 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.


Centerra Gold Days Inventory Related Terms


Centerra Gold Days Inventory Historical Data

* Premium members only.

The historical data trend for Centerra 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.

Centerra Gold Days Inventory Chart

Centerra Gold 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 240.73 142.71 126.97 103.97 114.09

Centerra Gold 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 93.32 108.21 93.92 120.37 113.92

TSX:CG vs NEM, AU: Days Inventory Comparison

For the Gold subindustry, Centerra 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.


Centerra Gold Days Inventory vs Metals & Mining Industry

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

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


TSX:CG
90GF Score
Centerra Gold Inc TSX:CG
Days Inventory is just one metric. See GF Score™, valuation, warning signs, and more.
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Centerra Gold Days Inventory Calculation

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

Centerra Gold'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
=( (333.735 + 460.36) / 2 ) / 1270.201*365
=397.0475 / 1270.201*365
=114.09

Centerra Gold'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
=( (460.36 + 523.141) / 2 ) / 393.878*365 / 4
=491.7505 / 393.878*365 / 4
=113.92

* 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 113.92 mean?
Centerra Gold (TSX:CG) has a Days Inventory of 113.92 as of Mar. 2026. Days inventory represents the average amount of days a company holds inventory before selling it. View historical data on Centerra Gold and its competitors. This is 53% below median its historical median of 243.26. Over the past decade, Centerra Gold's Days Inventory has ranged from 103.97 to 496.65. According to the industry distribution chart, Centerra Gold ranks #431 out of 680 companies in the Metals & Mining industry, placing it in the top 63.4%.
Is Centerra Gold's Days Inventory too high?
Centerra Gold's current Days Inventory of 113.92 is 53% below median its 10-year median of 243.26. Over the past 10 years, this metric has ranged from a low of 103.97 to a high of 496.65. The Metals & Mining industry median Days Inventory is 85.57. Centerra Gold's value of 113.92 is 33.1% above this industry median. Based on the distribution chart, Centerra Gold ranks #431 out of 680 companies in the Metals & Mining industry, which is below the industry midpoint. Overall, Centerra Gold has a GF Score™ of 90/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Centerra Gold's Days Inventory compare to NEM and AU?
According to the Metals & Mining industry distribution chart, Centerra Gold ranks #431 out of 680 companies for Days Inventory. This places Centerra Gold in the lower half of its industry. The industry median Days Inventory is 85.57. Centerra Gold's value of 113.92 is 33.1% above this benchmark. Historically, Centerra Gold's own Days Inventory has ranged from 103.97 to 496.65 over the past decade. While the company's 10-year median is 243.26 vs. the industry median of 85.57, Centerra 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 85.57, based on 680 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. Centerra Gold's current Days Inventory of 113.92 is 33.1% 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 Centerra Gold and its competitors. For the Metals & Mining industry, the median Days Inventory is 85.57 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Centerra Gold's current Days Inventory is 113.92, which is 53% below median its own 10-year median of 243.26. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Centerra Gold stock overvalued right now?
Based on GuruFocus' analysis, Centerra Gold (TSX:CG) is currently considered Significantly Overvalued. The stock's GF Value™ is C$14.38, compared to a current price of C$24.41 — trading 69.7% above its estimated fair value. The current Days Inventory is 113.92, which is 53% below median its 10-year median of 243.26 and 33.1% above the Metals & Mining industry median of 85.57. Centerra Gold's overall GF Score™ is 90/100 with 1 warning sign 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 Centerra Gold (TSX:CG), the current Days Inventory is 113.92 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 Centerra Gold (TSX:CG) Overvalued in 2026?

Based on GuruFocus' analysis, Centerra Gold stock appears to be overvalued. The current stock price of C$24.41 is trading 69.7% above its estimated GF Value™ of C$14.38. GuruFocus considers Centerra Gold to be Significantly Overvalued.

Key valuation signals for TSX:CG:

  • Days Inventory: 113.92 (53% below median its 10-year median of 243.26)
  • GF Value™: C$14.38 vs. price of C$24.41 (69.7% above fair value)
  • GF Score™: 90/100 with 1 warning sign
  • Industry Position: 33.1% above the Metals & Mining median (#431 of 680)

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


Centerra Gold Business Description

Other Exchanges CGAU:USA0UP5:UKGOU:Germany
Address 1 University Avenue, Suite 1800, Toronto, ON, CAN, M5J 2P1
Centerra Gold Inc is principally focused on operating, developing, exploring and acquiring gold and copper properties in North America, Turkey, and other markets world-wide. The company reportable operating segments are Oksut; Mount Milligan; and Molybdenum. It derives maximum revenue from Mount Milligan segment. Geographically, it operates in Turkey, United States, and Canada.
90GF Score

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

C$24.41
Price
C$14.38
GF Value