Pan American Silver (PAASF) Change in Working Capital (2009 - 2026)
Pan American Silver (PAASF) posted quarterly Change in Working Capital of -$29.0 million for Q1 2026, up 53.23% year-over-year from -$18.9 million in Q1 2025, and down 80655.56% on a QoQ basis from $36000.0 in Q4 2025.
Pan American Silver (PAASF) Change in Working Capital (2009 - 2026) Analysis & Trends
Pan American Silver (PAASF) has reported Change in Working Capital for 18 consecutive years, with -$29.0 million the latest figure, recorded in 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 -$197.6 million (down 160.44% YoY), while the FY2025 annual figure was $29.0 million, down 71.84% from the prior year.
- Change in Working Capital came in at -$29.0 million for Q1 2026 at Pan American Silver, down from $36000.0 in the prior quarter.
- The five-year high for Change in Working Capital was $327.9 million in Q1 2023, with the low at -$462.0 million in Q3 2025.
- Average Change in Working Capital over 5 years is -$10.1 million, with a median of $1000.0 recorded in 2024.
- Across the five-year window, Change in Working Capital plunged 396.9% in 2023 and soared 3500.0% in 2025, its largest moves.
- Year by year, Change in Working Capital stood at -$255.4 million in 2022, then jumped by 100.07% to $167400.0 in 2023, then slumped by 99.4% to $1000.0 in 2024, then jumped by 3500.0% to $36000.0 in 2025, then plunged by 80655.56% to -$29.0 million in 2026.
- According to Business Quant data, Change in Working Capital over the past three periods registered -$29.0 million, $36000.0, and -$462.0 million for Q1 2026, Q4 2025, and Q3 2025 respectively.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Change in Working Capital (Qtr) |
|---|---|---|---|---|---|
| 1 | Barrick Mining | 978.09 Bn | 980.39 Bn | 3.12 Bn | -302.00 Mn |
| 2 | Trx Gold | 189.48 Bn | 189.48 Bn | 21.05 Mn | - |
| 3 | Newmont | 101.22 Bn | 92.61 Bn | 7.29 Bn | - |
| 4 | OR Royalties | 53.18 Bn | 53.08 Bn | 88.84 Mn | -10.47 Mn |
| 5 | Wheaton Precious Metals | 50.59 Bn | 48.43 Bn | 699.37 Mn | 18.78 Mn |
| 6 | Aura Minerals | 50.25 Bn | 50.25 Bn | 19.58 Mn | -27.35 Mn |
| 7 | Franco Nevada | 40.21 Bn | 39.50 Bn | 526.30 Mn | 510.90 Mn |
| 8 | Gold Fields | 30.19 Bn | 28.41 Bn | - | - |
| 9 | Kinross Gold | 28.01 Bn | 25.95 Bn | 1.44 Bn | -7.30 Mn |
| 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 | -462.00 Mn |
| Sep 30, 2025 | -462.00 Mn |
| Jun 30, 2025 | 293.40 Mn |
| Jun 30, 2025 | 293.40 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 | 226.20 Mn |
| Sep 30, 2024 | 226.20 Mn |
| Jun 30, 2024 | 162.70 Mn |
| Jun 30, 2024 | 162.70 Mn |
| Mar 31, 2024 | -86.50 Mn |
| Mar 31, 2024 | -86.50 Mn |
| Dec 31, 2023 | 167,400.00 |
| Dec 31, 2023 | 167,400.00 |