Pan American Silver (PAASF) Change in Working Capital (2009 - 2026)
Pan American Silver (PAASF) recorded quarterly Change in Working Capital of -$29.0 million in Q1 2026, down 80655.56% quarter-over-quarter from $36000.0 in Q4 2025, and up 53.23% on a YoY basis from -$18.9 million in Q1 2025.
Pan American Silver (PAASF) Change in Working Capital (2009 - 2026) Analysis & Trends
Pan American Silver's Change in Working Capital history runs 18 years deep, the most recent figure standing at -$29.0 million for Q1 2026.
- In Q1 2026, Change in Working Capital rose 53.23% year-over-year to -$29.0 million; the TTM figure through Mar 2026 stood at -$27.8 million (up 72.04% YoY), while the FY2025 annual figure was $29.0 million, down 71.84% from the prior year.
- Change in Working Capital was -$29.0 million for Q1 2026 at Pan American Silver, down from $36000.0 in the prior quarter.
- In the past five years, Change in Working Capital ranged from a high of $21.6 million in Q3 2022 to a low of -$66.0 million in Q1 2024.
- Historically, Change in Working Capital has averaged -$13.8 million across 5 years, with a median of -$3.1 million in 2024.
- The sharpest annual moves came in 2024 and 2025: Change in Working Capital plunged 925.0% in 2024, then soared 3500.0% in 2025.
- A 5-year view of Change in Working Capital shows it stood at -$42.0 million in 2022, then soared by 100.1% to $41900.0 in 2023, then plunged by 97.61% to $1000.0 in 2024, then jumped by 3500.0% to $36000.0 in 2025, then tumbled by 80655.56% to -$29.0 million in 2026.
- The last three Change in Working Capital figures came in at -$29.0 million (Q1 2026), $36000.0 (Q4 2025), and -$4.3 million (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Change in Working Capital (Qtr) |
|---|---|---|---|---|---|
| 1 | Seabridge Gold | 2,186.27 Bn | 2,186.17 Bn | - | -468,879.26 |
| 2 | Barrick Mining | 996.87 Bn | 999.60 Bn | 3.12 Bn | -302.00 Mn |
| 3 | Wheaton Precious Metals | 410.57 Bn | 409.42 Bn | 699.37 Mn | 19.34 Mn |
| 4 | Alamos Gold | 136.28 Bn | 135.62 Bn | 442.20 Mn | -12.10 Mn |
| 5 | Gold Fields | 128.61 Bn | 126.83 Bn | - | - |
| 6 | Kinross Gold | 103.07 Bn | 100.89 Bn | 1.44 Bn | -7.30 Mn |
| 7 | Newmont | 100.59 Bn | 91.98 Bn | 7.29 Bn | - |
| 8 | Equinox Gold | 47.64 Bn | 47.14 Bn | - | -104.16 Mn |
| 9 | AngloGold Ashanti | 44.52 Bn | 41.55 Bn | 1.94 Bn | - |
| 10 | Pan American Silver | - | - | 608,000.00 | -29.00 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | -29.00 Mn |
| Mar 31, 2026 | -29.00 Mn |
| Dec 31, 2025 | 36,000.00 |
| Dec 31, 2025 | 36,000.00 |
| Sep 30, 2025 | -4.30 Mn |
| Sep 30, 2025 | -4.30 Mn |
| Jun 30, 2025 | 5.50 Mn |
| Jun 30, 2025 | 5.50 Mn |
| Mar 31, 2025 | -62.00 Mn |
| Mar 31, 2025 | -62.00 Mn |
| Dec 31, 2024 | 1,000.00 |
| Dec 31, 2024 | 1,000.00 |
| Sep 30, 2024 | -3.10 Mn |
| Sep 30, 2024 | -3.10 Mn |
| Jun 30, 2024 | -34.20 Mn |
| Jun 30, 2024 | -34.20 Mn |
| Mar 31, 2024 | -66.00 Mn |
| Mar 31, 2024 | -66.00 Mn |
| Dec 31, 2023 | 41,900.00 |
| Dec 31, 2023 | 41,900.00 |