Southern Copper (MEX:SCCO) Inventory Turnover: 1.71 (As of Mar. 2026)

What is Southern Copper Inventory Turnover?

Southern Copper MEX:SCCO 84 Inventory Turnover is 1.71 as of Mar. 2026. GuruFocus rates MEX:SCCO with a GF Score™ of 84/100 and a GF Value™ of MXN2,062.40 (Significantly Overvalued). The stock has 1 warning sign investors should review.

Inventory Turnover measures how fast the company turns over its inventory within a year. It is calculated as Cost of Goods Sold divided by Total Inventories. Southern Copper's Cost of Goods Sold for the three months ended in Mar. 2026 was MXN31,097 Mil. Southern Copper's Average Total Inventories for the quarter that ended in Mar. 2026 was MXN18,174 Mil. Southern Copper's Inventory Turnover for the quarter that ended in Mar. 2026 was 1.71.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Southern Copper's Days Inventory for the three months ended in Mar. 2026 was 53.33.

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. Southern Copper's Inventory-to-Revenue for the quarter that ended in Mar. 2026 was 0.24.

Southern Copper (MEX:SCCO) Inventory Turnover Explanation

Inventory Turnover measures how fast the company turns over its inventory within a year. A higher Inventory Turnover means the company has light inventory. Therefore the company spends less money on storage, write downs, and obsolete inventory. If the inventory is too light, it may affect sales because the company may not have enough to meet demand.

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

Southern Copper's Days Inventory for the three months ended in Mar. 2026 is calculated as:

Days Inventory	=	Average Total Inventories (Q: Mar. 2026 )	/	Cost of Goods Sold (Q: Mar. 2026 )	*	Days in Period
	=	18174.3985	/	31097.391	*	365 / 4
	=	53.33

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.

Southern Copper's Inventory to Revenue for the quarter that ended in Mar. 2026 is calculated as

Inventory-to-Revenue	=	Average Total Inventories (Q: Mar. 2026 )	/	Revenue (Q: Mar. 2026 )
	=	18174.3985	/	76664.221
	=	0.24

* 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

Usually retailers pile up their inventories at holiday seasons to meet the stronger demand. Therefore, the inventory of a particular quarter of a year should not be used to calculate Inventory Turnover. An average inventory is a better indication.

Southern Copper Inventory Turnover Related Terms

Southern Copper Inventory Turnover Historical Data

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The historical data trend for Southern Copper's Inventory Turnover can be seen below:

Southern Copper Inventory Turnover Chart

Southern Copper Annual Data

Trend

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

Dec25

Inventory Turnover

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4.96

5.34

5.06

6.06

5.48

Southern Copper Quarterly Data
	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24	Dec24	Mar25	Jun25	Sep25	Dec25	Mar26
Inventory Turnover	Get a 7-Day Free Trial															1.52	1.38	1.52	1.61	1.71

84GF Score

Southern Copper Corp MEX:SCCO

Inventory Turnover is just one metric. See GF Score™, valuation, warning signs, and more.

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Southern Copper Inventory Turnover Calculation

Southern Copper's Inventory Turnover for the fiscal year that ended in Dec. 2025 is calculated as

	Inventory Turnover (A: Dec. 2025 )
=	Cost of Goods Sold	/	Average Total Inventories
=	Cost of Goods Sold (A: Dec. 2025 )	/ (	(Total Inventories (A: Dec. 2024 )	+	Total Inventories (A: Dec. 2025 ))	/	count )
=	112132.297	/ (	(21875.544	+	19051.831)	/	2 )
=	112132.297	/	20463.6875
=	5.48

Southern Copper's Inventory Turnover for the quarter that ended in Mar. 2026 is calculated as

	Inventory Turnover (Q: Mar. 2026 )
=	Cost of Goods Sold	/	Average Total Inventories
=	Cost of Goods Sold (Q: Mar. 2026 )	/ (	(Total Inventories (Q: Dec. 2025 )	+	Total Inventories (Q: Mar. 2026 ))	/	count )
=	31097.391	/ (	(19051.831	+	17296.966)	/	2 )
=	31097.391	/	18174.3985
=	1.71

Frequently Asked Questions Learn more about Inventory Turnover →

What does a Inventory Turnover of 1.71 mean?

Southern Copper (MEX:SCCO) has a Inventory Turnover of 1.71 as of Mar. 2026. Inventory turnover equals current-period cost of goods sold divided by average two-period total inventories. View historical data on Southern Copper and its competitors.

Is Southern Copper's Inventory Turnover too high?

Southern Copper's current Inventory Turnover is 1.71. Overall, Southern Copper has a GF Score™ of 84/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.

How does Southern Copper's Inventory Turnover compare to FCX and IE?

Southern Copper's Inventory Turnover of 1.71 can be compared against companies in the Metals & Mining industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.

What is a good Inventory Turnover for a Metals & Mining company?

A good Inventory Turnover depends on the Metals & Mining industry context. However, Inventory Turnover should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.

What does a high Inventory Turnover mean?

A high Inventory Turnover can signal that a stock is expensive relative to its fundamentals. Inventory turnover equals current-period cost of goods sold divided by average two-period total inventories. View historical data on Southern Copper and its competitors. Southern Copper's current Inventory Turnover is 1.71. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.

Is Southern Copper stock overvalued right now?

Based on GuruFocus' analysis, Southern Copper (MEX:SCCO) is currently considered Significantly Overvalued. The stock's GF Value™ is MXN2,062.40, compared to a current price of MXN3,311.04 — trading 60.5% above its estimated fair value. The current Inventory Turnover is 1.71. Southern Copper's overall GF Score™ is 84/100 with 1 warning sign to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.

How is Inventory Turnover calculated?

Inventory Turnover is calculated from a company's financial statements. For Southern Copper (MEX:SCCO), the current Inventory Turnover is 1.71 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 Southern Copper (MEX:SCCO) Overvalued in 2026?

Based on GuruFocus' analysis, Southern Copper stock appears to be overvalued. The current stock price of MXN3,311.04 is trading 60.5% above its estimated GF Value™ of MXN2,062.40. GuruFocus considers Southern Copper to be Significantly Overvalued.

Key valuation signals for MEX:SCCO:

Inventory Turnover: 1.71
GF Value™: MXN2,062.40 vs. price of MXN3,311.04 (60.5% above fair value)
GF Score™: 84/100 with 1 warning sign

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

Southern Copper Business Description

Industry Basic Materials Metals & Mining

Comparable Companies FCX IE COPRD LSE:ANTO LIM:CVERDEC1 TSX:FM TSX:LUN SHSE:600362 WAR:KGH SZSE:301511 SZSE:000630 HKSE:01208 TSX:HBM SZSE:002203 TSX:CS ASX:SFR HKSE:01258 SZSE:000878 SHSE:688102 BOM:513599

Other Exchanges SCCO:USA SCCO:Peru 0L8B:UK PCU:Germany PCU:Bulgaria SCCO:Argentina

Address 7310 North 16th Street, Suite 135, Phoenix, AZ, USA, 85020

Website https://www.southerncoppercorp.com

Southern Copper Corp is an integrated producer of copper and other minerals and operates the mining, smelting, and refining facilities in Peru and Mexico. Its production includes copper, molybdenum, zinc, and silver. The company operates through the following segments: Peruvian operations, Mexican open-pit operations, and Mexican underground mining operations. It generates the majority of its revenue from the sale of copper and the rest from the sale of non-copper products, such as molybdenum, silver, zinc, lead, and gold. The company's geographical segments are The Americas, Europe, and Asia.

84GF Score

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

MXN3,311.04

Price

MXN2,062.40

GF Value

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