Pan American Silver (PAAS) Inventory (2009 - 2026)

Pan American Silver (PAAS) recorded quarterly Inventory of $650.0 million in Q1 2026, up 10.54% quarter-over-quarter from $588.0 million in Q4 2025, and up 9.32% on a YoY basis from $594.6 million in Q1 2025.

Pan American Silver (PAAS) Inventory (2009 - 2026) Analysis & Trends

Pan American Silver's Inventory history runs 18 years deep, the most recent figure standing at $650.0 million for Q1 2026.

  • In Q1 2026, Inventory rose 9.32% year-over-year to $650.0 million; the TTM figure through Mar 2026 stood at $650.0 million (up 9.32% YoY), while the FY2025 annual figure was $588.0 million, down 2.97% from the prior year.
  • Inventory was $650.0 million for Q1 2026 at Pan American Silver, up from $588.0 million in the prior quarter.
  • In the past five years, Inventory ranged from a high of $810.2 million in Q3 2024 to a low of $242.0 million in Q1 2023.
  • Historically, Inventory has averaged $593.1 million across 5 years, with a median of $603.4 million in 2025.
  • The sharpest annual moves came in 2023 and 2024: Inventory plunged 48.83% in 2023, then surged 207.81% in 2024.
  • A 5-year view of Inventory shows it stood at $471.6 million in 2022, then jumped by 50.89% to $711.6 million in 2023, then retreated by 14.84% to $606.0 million in 2024, then retreated by 2.97% to $588.0 million in 2025, then increased by 10.54% to $650.0 million in 2026.
  • The last three Inventory figures came in at $650.0 million (Q1 2026), $588.0 million (Q4 2025), and $587.2 million (Q3 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Inventory (Qtr)
1 Seabridge Gold 2,186.27 Bn 2,186.17 Bn - -
2 Barrick Mining 996.87 Bn 999.60 Bn 3.12 Bn 2.15 Bn
3 Wheaton Precious Metals 410.57 Bn 409.42 Bn 699.37 Mn -
4 Alamos Gold 136.28 Bn 135.62 Bn 442.20 Mn 234.00 Mn
5 Gold Fields 128.61 Bn 126.83 Bn - 782.60 Mn
6 Kinross Gold 103.07 Bn 100.89 Bn 1.44 Bn 1.32 Bn
7 Newmont 100.59 Bn 91.98 Bn 7.29 Bn 1.50 Bn
8 Equinox Gold 47.64 Bn 47.14 Bn - 433.15 Mn
9 AngloGold Ashanti 44.52 Bn 41.55 Bn 1.94 Bn 1.05 Bn
10 Pan American Silver 18.60 Mn 18.60 Mn 608,000.00 650.00 Mn

Historic Data

Download Data
DateValue
Mar 31, 2026 650.00 Mn
Dec 31, 2025 588.00 Mn
Sep 30, 2025 587.20 Mn
Jun 30, 2025 603.40 Mn
Mar 31, 2025 594.60 Mn
Dec 31, 2024 606.00 Mn
Sep 30, 2024 810.20 Mn
Jun 30, 2024 743.60 Mn
Mar 31, 2024 744.90 Mn
Dec 31, 2023 711.60 Mn
Sep 30, 2023 701.40 Mn
Jun 30, 2023 681.80 Mn
Mar 31, 2023 242.00 Mn
Dec 31, 2022 471.60 Mn
Sep 30, 2022 438.21 Mn
Jun 30, 2022 435.36 Mn
Mar 31, 2022 472.96 Mn
Dec 31, 2021 500.46 Mn
Sep 30, 2021 498.02 Mn
Jun 30, 2021 521.33 Mn