Newmont (MEX:NEM) Inventories, Work In Process: MXN2,975 Mil (As of Mar. 2026)


MEX:NEM Newmont Corp MEX:NEM
81 GF Score
Price MXN1,720.00
GF Value MXN1,298.81
Valuation Significantly Overvalued
! 2 Warning Signs
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What is Newmont Inventories, Work In Process?

Newmont MEX:NEM +3.61% 81 Inventories, Work In Process is MXN2,975 Mil as of Mar. 2026. GuruFocus rates MEX:NEM with a GF Score™ of 81/100 and a GF Value™ of MXN1,298.81 (Significantly Overvalued). The stock has 2 warning signs investors should review.

Work in process is the part of a manufacturer's inventory that is in the production process and has not yet been completed and transferred to the finished goods inventory. Newmont's work in process for the quarter that ended in Mar. 2026 was MXN2,975 Mil.

Newmont Inventories, Work In Process Historical Data

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The historical data trend for Newmont's Inventories, Work In Process 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.

Newmont Inventories, Work In Process Chart

Newmont Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Inventories, Work In Process
Get a 7-Day Free Trial Premium Member Only Premium Member Only 2,707.85 2,398.01 2,715.88 2,460.97 3,583.13

Newmont Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Inventories, Work In Process 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 3,396.06 2,353.65 2,751.63 3,583.13 2,975.40
MEX:NEM
81GF Score
Newmont Corp MEX:NEM
Inventories, Work In Process is just one metric. See GF Score™, valuation, warning signs, and more.
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Newmont Inventories, Work In Process Calculation

That part of a manufacturer's inventory that is in the production process and has not yet been completed and transferred to the finished goods inventory. This account contains the cost of the direct material, direct labor, and factory overhead placed into the products on the factory floor. A manufacturer must disclose in its financial statements the cost of its work-in-process as well as the cost of finished goods and materials on hand.

What does a Inventories, Work In Process of MXN2,975 Mil mean?
Newmont (MEX:NEM) has a Inventories, Work In Process of MXN2,975 Mil as of Mar. 2026. Work in progress is the portion of inventory containing goods that are unfinished. View historical data on Newmont and its competitors.
Is Newmont's Inventories, Work In Process too high?
Newmont's current Inventories, Work In Process is MXN2,975 Mil. Overall, Newmont has a GF Score™ of 81/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Newmont's Inventories, Work In Process compare to AU and CDE?
Newmont's Inventories, Work In Process of MXN2,975 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 Inventories, Work In Process for a Metals & Mining company?
A good Inventories, Work In Process depends on the Metals & Mining industry context. However, Inventories, Work In Process 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 Inventories, Work In Process mean?
A high Inventories, Work In Process can signal that a stock is expensive relative to its fundamentals. Work in progress is the portion of inventory containing goods that are unfinished. View historical data on Newmont and its competitors. Newmont's current Inventories, Work In Process is MXN2,975 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Newmont stock overvalued right now?
Based on GuruFocus' analysis, Newmont (MEX:NEM) is currently considered Significantly Overvalued. The stock's GF Value™ is MXN1,298.81, compared to a current price of MXN1,720.00 — trading 32.4% above its estimated fair value. The current Inventories, Work In Process is MXN2,975 Mil. Newmont's overall GF Score™ is 81/100 with 2 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Inventories, Work In Process calculated?
Inventories, Work In Process is calculated from a company's financial statements. For Newmont (MEX:NEM), the current Inventories, Work In Process is MXN2,975 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 Newmont (MEX:NEM) Overvalued in 2026?

Based on GuruFocus' analysis, Newmont stock appears to be overvalued. The current stock price of MXN1,720.00 is trading 32.4% above its estimated GF Value™ of MXN1,298.81. GuruFocus considers Newmont to be Significantly Overvalued.

Key valuation signals for MEX:NEM:

  • Inventories, Work In Process: MXN2,975 Mil
  • GF Value™: MXN1,298.81 vs. price of MXN1,720.00 (32.4% above fair value)
  • GF Score™: 81/100 with 2 warning signs

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

Newmont Business Description

Address 6900 E Layton Avenue, Suite 700, Denver, CO, USA, 80237
Newmont is the world's largest gold miner. It bought Goldcorp in 2019, combined its Nevada mines in a joint venture with competitor Barrick later that year, and also purchased competitor Newcrest in November 2023. Its portfolio includes 11 mines and interests in two joint ventures in the Americas, Africa, Australia, and Papua New Guinea. The company is expected to sell roughly 5.3 million ounces of gold in 2026 from its continuing mines after selling six higher-cost, smaller mines following the Newcrest acquisition. Newmont also produces material amounts of copper, silver, zinc, and lead as byproducts. It had about two decades of gold reserves, along with significant byproduct reserves at the end of December 2025.
81GF Score

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

MXN1,720.00
Price
MXN1,298.81
GF Value