First Average Inventory from 2010 to 2026

AG Stock  USD 18.91  1.01  5.64%   
First Majestic's Average Inventory is increasing over the last several years with very volatile swings. Average Inventory is predicted to flatten to about 978.8 K. Average Inventory is the average amount of inventory First Majestic Silver holds over a certain period, which is used to calculate inventory turnover and efficiency in managing stock levels. View All Fundamentals
 
Average Inventory  
First Reported
2010-12-31
Previous Quarter
1.7 M
Current Value
978.8 K
Quarterly Volatility
397.6 K
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check First Majestic financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among First Majestic's main balance sheet or income statement drivers, such as Depreciation And Amortization of 155.3 M, Interest Expense of 17.7 M or Selling General Administrative of 47.8 M, as well as many indicators such as Price To Sales Ratio of 3.16, Dividend Yield of 0.0022 or PTB Ratio of 1.13. First financial statements analysis is a perfect complement when working with First Majestic Valuation or Volatility modules.
  
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Latest First Majestic's Average Inventory Growth Pattern

Below is the plot of the Average Inventory of First Majestic Silver over the last few years. It is the average amount of inventory a company holds over a certain period, which is used to calculate inventory turnover and efficiency in managing stock levels. First Majestic's Average Inventory historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in First Majestic's overall financial position and show how it may be relating to other accounts over time.
Average Inventory10 Years Trend
Very volatile
   Average Inventory   
       Timeline  

First Average Inventory Regression Statistics

Arithmetic Mean1,776,503
Geometric Mean1,703,372
Coefficient Of Variation22.38
Mean Deviation246,621
Median1,926,238
Standard Deviation397,557
Sample Variance158.1B
Range1.4M
R-Value0.07
Mean Square Error167.7B
R-Squared0.01
Significance0.78
Slope5,676
Total Sum of Squares2.5T

First Average Inventory History

2026978.8 K
20251.7 M
20111.9 M
2010520.8 K

About First Majestic Financial Statements

First Majestic stakeholders use historical fundamental indicators, such as First Majestic's Average Inventory, to determine how well the company is positioned to perform in the future. Although First Majestic investors may analyze each financial statement separately, they are all interrelated. For example, changes in First Majestic's assets and liabilities are reflected in the revenues and expenses on First Majestic's income statement, which ultimately affect the company's gains or losses. Understanding these patterns can help in making the right long-term investment decisions in First Majestic Silver. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Average Inventory1.7 M978.8 K

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Is Metals & Mining space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of First Majestic. If investors know First will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about First Majestic listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
2.359
Dividend Share
0.02
Earnings Share
0.14
Revenue Per Share
2.234
Quarterly Revenue Growth
0.951
The market value of First Majestic Silver is measured differently than its book value, which is the value of First that is recorded on the company's balance sheet. Investors also form their own opinion of First Majestic's value that differs from its market value or its book value, called intrinsic value, which is First Majestic's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because First Majestic's market value can be influenced by many factors that don't directly affect First Majestic's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between First Majestic's value and its price as these two are different measures arrived at by different means. Investors typically determine if First Majestic is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, First Majestic's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.