First Majestic SilverXSWX:AG 59 Days Inventory is 37.42 as of Mar. 2026, which is 5% above its 10-year median of 35.73. GuruFocus rates XSWX:AG with a GF Score™ of 59/100 and a GF Value™ of CHF2.82. The stock has 2 warning signs investors should review. Among 680 Metals & Mining companies, First Majestic Silver ranks better than 81.91% on this metric.
Inventory Turnover measures how fast the company turns over its inventory within a year.
First Majestic Silver's Inventory Turnover for the
three
months ended in Mar. 2026 was 2.44.
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.
First Majestic Silver's Inventory-to-Revenue for the
three
months ended in Mar. 2026 was 0.18.
First Majestic Silver (XSWX:AG) 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.
First Majestic Silver'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.
First Majestic Silver'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.
First Majestic Silver Days Inventory Related Terms
First Majestic Silver Days Inventory Historical Data
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The historical data trend for First Majestic Silver'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 Silver subindustry, First Majestic Silver'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.
First Majestic Silver Days Inventory vs Metals & Mining Industry
For the Metals & Mining industry and Basic Materials sector, First Majestic Silver's Days Inventory distribution charts can be found below:
* The bar in red indicates where First Majestic Silver'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.
First Majestic Silver (XSWX:AG) has a Days Inventory of 37.42 as of Mar. 2026. Days inventory represents the average amount of days a company holds inventory before selling it. View historical data on First Majestic Silver and its competitors. This is near median its historical median of 35.73. Over the past decade, First Majestic Silver's Days Inventory has ranged from 28.71 to 47.39. According to the industry distribution chart, First Majestic Silver ranks #123 out of 680 companies in the Metals & Mining industry, placing it in the top 18.1%.
Is First Majestic Silver's Days Inventory too high?
First Majestic Silver's current Days Inventory of 37.42 is near median its 10-year median of 35.73. Over the past 10 years, this metric has ranged from a low of 28.71 to a high of 47.39. The Metals & Mining industry median Days Inventory is 85.57. First Majestic Silver's value of 37.42 is 56.3% below this industry median. Based on the distribution chart, First Majestic Silver ranks #123 out of 680 companies in the Metals & Mining industry, which is in the top quartile — a strong position relative to peers. Overall, First Majestic Silver has a GF Score™ of 59/100, reflecting its overall financial health beyond just this single metric.
How does First Majestic Silver's Days Inventory compare to EXK?
According to the Metals & Mining industry distribution chart, First Majestic Silver ranks #123 out of 680 companies for Days Inventory. This places First Majestic Silver in the top 18% of its industry — outperforming the majority of peers. The industry median Days Inventory is 85.57. First Majestic Silver's value of 37.42 is 56.3% below this benchmark. Historically, First Majestic Silver's own Days Inventory has ranged from 28.71 to 47.39 over the past decade. While the company's 10-year median is 35.73 vs. the industry median of 85.57, First Majestic Silver 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. First Majestic Silver's current Days Inventory of 37.42 is 56.3% 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 First Majestic Silver 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. First Majestic Silver's current Days Inventory is 37.42, which is near median its own 10-year median of 35.73. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is First Majestic Silver stock overvalued right now?
First Majestic Silver (XSWX:AG) has a current Days Inventory of 37.42. The stock's GF Value™ is CHF2.82, compared to a current price of CHF14.34 — trading 408.7% above its estimated fair value. The current Days Inventory is 37.42, which is near median its 10-year median of 35.73 and 56.3% below the Metals & Mining industry median of 85.57. First Majestic Silver's overall GF Score™ is 59/100 with 2 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 First Majestic Silver (XSWX:AG), the current Days Inventory is 37.42 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 First Majestic Silver (XSWX:AG) Overvalued in 2026?
Based on GuruFocus' analysis, First Majestic Silver stock appears to be overvalued.
The current stock price of CHF14.34 is trading 408.7% above its estimated GF Value™ of CHF2.82.
Key valuation signals for XSWX:AG:
Days Inventory: 37.42 (near median its 10-year median of 35.73)
GF Value™: CHF2.82 vs. price of CHF14.34 (408.7% above fair value)
Industry Position: 56.3% below the Metals & Mining median (#123 of 680)
No single metric tells the full story. See the XSWX:AG stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
First Majestic Silver Corp is in the business of production, development, exploration, and acquisition of mineral properties with a focus on silver and gold production in North America. The company owns four producing mines in Mexico, consisting of the Santa Elena Silver/Gold Mine, the San Dimas Silver/Gold Mine, the Los Gatos Silver Mine, and the La Encantada Silver Mine. It also owns the Jerritt Canyon Gold Mine in Nevada, USA. Additionally, the firm holds interests in the San Martin Silver Mine and the Del Toro Silver Mine, and several exploration-stage projects. The majority of the company's revenues are from the sale of precious metals contained in dore and concentrate form. It generates maximum revenue from the sale of silver, followed by gold, zinc, copper, and other metals.
59GF Score
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