Fortuna Mining (TSX:FVI) Total Inventories: C$166 Mil (As of Mar. 2026)


TSX:FVI Fortuna Mining Corp TSX:FVI
94 GF Score
Price C$11.81
GF Value C$8.98
Valuation Significantly Overvalued
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What is Fortuna Mining Total Inventories?

Fortuna Mining TSX:FVI -3.28% 94 Total Inventories is C$166 Mil as of Mar. 2026. GuruFocus rates TSX:FVI with a GF Score™ of 94/100 and a GF Value™ of C$8.98 (Significantly Overvalued).

Fortuna Mining's total inventories for the quarter that ended in Mar. 2026 was C$166 Mil. Fortuna Mining's average total inventories from the quarter that ended in Dec. 2025 to the quarter that ended in Mar. 2026 was C$168 Mil.

In Ben Graham's calculation of Net-Net Working Capital, inventory is only considered worth half of its book value. Fortuna Mining's Net-Net Working Capital per share for the quarter that ended in Mar. 2026 was C$0.13.

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 three months ended in Mar. 2026 was 85.36.

Inventory Turnover measures how fast the company turns over its inventory within a year. Fortuna Mining's Inventory Turnover for the quarter that 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 quarter that ended in Mar. 2026 was 0.36.


Fortuna Mining  (TSX:FVI) Total Inventories Explanation

Inventory control is an important part of business operation. If a company does not have enough inventory, it may not be able to meet customers' required delivery time. If it has too much inventory, the cost of holding the inventory can be high.

1. In Ben Graham's calculation of Net-Net Working Capital (NNWC), inventory is only considered worth half of its book value.

Fortuna Mining's Net-Net Working Capital Per Share for the quarter that ended in Mar. 2026 is

Net-Net Working Capital Per Share (Q: Mar. 2026 )
=(Cash And Cash Equivalents+0.75 * Accounts Receivable+0.5 * Total Inventories-Total Liabilities
-Preferred Stock-Minority Interest)/Shares Outstanding (EOP)
=(927.226+0.75 * 23.476+0.5 * 166.098-895.01
-0-92.227)/304.557
=0.13

2. 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 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
=167.671/179.231*365 / 4
=85.36

3. Inventory Turnover measures how fast the company turns over its inventory within a year.

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

Inventory Turnover=Cost of Goods Sold (Q: Mar. 2026 ) / Average Total Inventories (Q: Mar. 2026 )
=179.231 / 167.671
=1.07

4. 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 quarter that ended in Mar. 2026 is calculated as

Inventory-to-Revenue=Average Total Inventories (Q: Mar. 2026 ) / Revenue (Q: Mar. 2026 )
=167.671 / 469.87
=0.36

* 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.


Be Aware

Manufacturers with durable competitive advantages have the advantage that the products they sell do not change, and therefore will never become obsolete. Buffett likes this advantage.

When identifying manufacturers with durable competitive advantage, look for inventory and net earnings that rise correspondingly. This indicates that the company is finding profitable ways to increase sales which called for an increase in inventory.

Manufacturers with inventories that spike up and down are indicative of competitive industries subject to boom and bust.


Fortuna Mining Total Inventories Related Terms


Fortuna Mining Total Inventories Historical Data

* Premium members only.

The historical data trend for Fortuna Mining's Total Inventories 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 Total Inventories Chart

Fortuna Mining Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Total Inventories
Get a 7-Day Free Trial Premium Member Only Premium Member Only 109.85 125.03 155.39 191.62 169.24

Fortuna Mining Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Total Inventories 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 195.11 164.58 153.19 169.24 166.10
TSX:FVI
94GF Score
Fortuna Mining Corp TSX:FVI
Total Inventories is just one metric. See GF Score™, valuation, warning signs, and more.
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Fortuna Mining Total Inventories Calculation

Total Inventories includes the raw materials, work-in-process goods and completely finished goods of a company. It is a portion of a company's current assets.

Frequently Asked Questions Learn more about Total Inventories →
What does a Total Inventories of C$166 Mil mean?
Fortuna Mining (TSX:FVI) has a Total Inventories of C$166 Mil as of Mar. 2026. The total amount of inventory as recorded on a company's balance sheet. View historical data for Fortuna Mining and its competitors.
Is Fortuna Mining's Total Inventories too high?
Fortuna Mining's current Total Inventories is C$166 Mil. Overall, Fortuna Mining has a GF Score™ of 94/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Fortuna Mining's Total Inventories compare to NEM and AU?
Fortuna Mining's Total Inventories of C$166 Mil 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 Total Inventories for a Metals & Mining company?
A good Total Inventories depends on the Metals & Mining industry context. However, Total Inventories 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 Total Inventories mean?
A high Total Inventories can signal that a stock is expensive relative to its fundamentals. The total amount of inventory as recorded on a company's balance sheet. View historical data for Fortuna Mining and its competitors. Fortuna Mining's current Total Inventories is C$166 Mil. 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$8.98, compared to a current price of C$11.81 — trading 31.5% above its estimated fair value. The current Total Inventories is C$166 Mil. Fortuna Mining's overall GF Score™ is 94/100. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Total Inventories calculated?
Total Inventories is calculated from a company's financial statements. For Fortuna Mining (TSX:FVI), the current Total Inventories is C$166 Mil 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$11.81 is trading 31.5% above its estimated GF Value™ of C$8.98. GuruFocus considers Fortuna Mining to be Significantly Overvalued.

Key valuation signals for TSX:FVI:

  • Total Inventories: C$166 Mil
  • GF Value™: C$8.98 vs. price of C$11.81 (31.5% above fair value)
  • GF Score™: 94/100

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.
94GF Score

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

C$11.81
Price
C$8.98
GF Value