Fortuna Mining (TSX:FVI) Days Inventory: 85.36 (As of Mar. 2026) — 54% Above Median


TSX:FVI Fortuna Mining Corp TSX:FVI
93 GF Score
Price C$12.74
GF Value C$9.13
Valuation Significantly Overvalued
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What is Fortuna Mining Days Inventory?

Fortuna Mining TSX:FVI +2.91% 93 Days Inventory is 85.36 as of Mar. 2026, which is 54% above its 10-year median of 55.42. GuruFocus rates TSX:FVI with a GF Score™ of 93/100 and a GF Value™ of C$9.13 (Significantly Overvalued). Among 680 Metals & Mining companies, Fortuna Mining ranks worse than 52.06% on this metric.

Days Inventory is also known as Days Sales of Inventory (DSI). Fortuna Mining's Average Total Inventories for the three months ended in Mar. 2026 was C$168 Mil. Fortuna Mining's Cost of Goods Sold for the three months ended in Mar. 2026 was C$179 Mil. Hence, Fortuna Mining's Days Inventory for the three months ended in Mar. 2026 was 85.36.

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

TSX:FVI' s Days Inventory Range Over the Past 10 Years
Min: 31.35   Med: 55.42   Max: 100.14
Current: 90.76

During the past 13 years, Fortuna Mining's highest Days Inventory was 100.14. The lowest was 31.35. And the median was 55.42.

TSX:FVI's Days Inventory is ranked worse than
52.06% of 680 companies
in the Metals & Mining industry
Industry Median: 85.57 vs TSX:FVI: 90.76

Fortuna Mining's Days Inventory declined from Mar. 2025 (107.16) to Mar. 2026 (85.36).

Inventory Turnover measures how fast the company turns over its inventory within a year. Fortuna Mining's Inventory Turnover for the three months ended in Mar. 2026 was 1.07.

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. Fortuna Mining's Inventory-to-Revenue for the three months ended in Mar. 2026 was 0.36.


Fortuna Mining  (TSX:FVI) 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.

Fortuna Mining'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.

Fortuna Mining'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.


Fortuna Mining Days Inventory Related Terms


Fortuna Mining Days Inventory Historical Data

* Premium members only.

The historical data trend for Fortuna Mining'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.

Fortuna Mining Days Inventory Chart

Fortuna Mining 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 56.05 59.01 58.47 100.14 99.42

Fortuna Mining 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 107.16 95.75 88.64 87.52 85.36

TSX:FVI vs NEM, AU: Days Inventory Comparison

For the Gold subindustry, Fortuna Mining'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.


Fortuna Mining Days Inventory vs Metals & Mining Industry

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

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


TSX:FVI
93GF Score
Fortuna Mining Corp TSX:FVI
Days Inventory is just one metric. See GF Score™, valuation, warning signs, and more.
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Fortuna Mining Days Inventory Calculation

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

Fortuna Mining'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
=( (191.616 + 169.244) / 2 ) / 662.382*365
=180.43 / 662.382*365
=99.42

Fortuna Mining'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
=( (169.244 + 166.098) / 2 ) / 179.231*365 / 4
=167.671 / 179.231*365 / 4
=85.36

* 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 85.36 mean?
Fortuna Mining (TSX:FVI) has a Days Inventory of 85.36 as of Mar. 2026. Days inventory represents the average amount of days a company holds inventory before selling it. View historical data on Fortuna Mining and its competitors. This is 54% above median its historical median of 55.42. Over the past decade, Fortuna Mining's Days Inventory has ranged from 31.35 to 100.14. According to the industry distribution chart, Fortuna Mining ranks #354 out of 680 companies in the Metals & Mining industry, placing it in the top 52.1%.
Is Fortuna Mining's Days Inventory too high?
Fortuna Mining's current Days Inventory of 85.36 is 54% above median its 10-year median of 55.42. Over the past 10 years, this metric has ranged from a low of 31.35 to a high of 100.14. The Metals & Mining industry median Days Inventory is 85.57. Fortuna Mining's value of 85.36 is 0.2% below this industry median. Based on the distribution chart, Fortuna Mining ranks #354 out of 680 companies in the Metals & Mining industry, which is below the industry midpoint. Overall, Fortuna Mining has a GF Score™ of 93/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Fortuna Mining's Days Inventory compare to NEM and AU?
According to the Metals & Mining industry distribution chart, Fortuna Mining ranks #354 out of 680 companies for Days Inventory. This places Fortuna Mining in the lower half of its industry. The industry median Days Inventory is 85.57. Fortuna Mining's value of 85.36 is 0.2% below this benchmark. Historically, Fortuna Mining's own Days Inventory has ranged from 31.35 to 100.14 over the past decade. While the company's 10-year median is 55.42 vs. the industry median of 85.57, Fortuna Mining 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 85.57, 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. Fortuna Mining's current Days Inventory of 85.36 is 0.2% 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 Fortuna Mining 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. Fortuna Mining's current Days Inventory is 85.36, which is 54% above median its own 10-year median of 55.42. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Fortuna Mining stock overvalued right now?
Based on GuruFocus' analysis, Fortuna Mining (TSX:FVI) is currently considered Significantly Overvalued. The stock's GF Value™ is C$9.13, compared to a current price of C$12.74 — trading 39.5% above its estimated fair value. The current Days Inventory is 85.36, which is 54% above median its 10-year median of 55.42 and 0.2% below the Metals & Mining industry median of 85.57. Fortuna Mining's overall GF Score™ is 93/100. 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 Fortuna Mining (TSX:FVI), the current Days Inventory is 85.36 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 Fortuna Mining (TSX:FVI) Overvalued in 2026?

Based on GuruFocus' analysis, Fortuna Mining stock appears to be overvalued. The current stock price of C$12.74 is trading 39.5% above its estimated GF Value™ of C$9.13. GuruFocus considers Fortuna Mining to be Significantly Overvalued.

Key valuation signals for TSX:FVI:

  • Days Inventory: 85.36 (54% above median its 10-year median of 55.42)
  • GF Value™: C$9.13 vs. price of C$12.74 (39.5% above fair value)
  • GF Score™: 93/100
  • Industry Position: 0.2% below the Metals & Mining median (#354 of 680)

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


Fortuna Mining Business Description

Address 1111 Melville Street, Suite 820, Vancouver, BC, CAN, V6E 3V6
Fortuna Mining Corp is a Canadian-based precious metals mining company with mines in the Latin America and West Africa regions producing gold and silver. It operate mines in Argentina, Burkina Faso, Cote d'voire, Mexico, and Peru. The company's segment consists of Mansfield, Sango, Bateas, Corporate. The company generates the majority of its revenue from Sango segment which operates the Seguela gold mine. Geographically, the company generates the majority of its revenue from Cote d' Ivoire location.
93GF Score

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

C$12.74
Price
C$9.13
GF Value