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Current Assets

Inventories

Southern Copper Inventories decreased by 9.3% to $959.2M in Q1 2026 compared to the prior quarter. Year-over-year, this metric declined by 0.7%, from $966.1M to $959.2M. Over 5 years (FY 2020 to FY 2025), Inventories shows an upward trend with a 2.2% CAGR.

Analysis

StatementBalance Sheet Statement
SectionCurrent Assets
CategoryEfficiency
SignalContext dependent
VolatilityModerate
First reportedQ1 2013
Last reportedQ1 2026Apr 30, 2026

How to read this metric

High inventory levels may signal weak demand or production bottlenecks, while low levels could indicate strong sales or supply chain constraints.

Detailed definition

This represents the total value of raw materials, work-in-progress, and finished goods held by the company. For a mining...

Peer comparison

Mining peers often track inventory turnover ratios to measure operational efficiency in processing and sales.

Metric ID: inventories

Historical Data

20 periods
 Q2 '21Q3 '21Q4 '21Q1 '22Q2 '22Q3 '22Q4 '22Q1 '23Q2 '23Q3 '23Q4 '23Q1 '24Q2 '24Q3 '24Q4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Value$893.9M$912.5M$972.9M$1.03B$1.07B$1.05B$1.01B$981.8M$985.3M$975.5M$1.02B$1.01B$1.02B$990.5M$1.05B$966.1M$1.01B$1.03B$1.06B$959.2M
QoQ Change+2.1%+6.6%+5.9%+4.0%-1.7%-3.7%-3.2%+0.4%-1.0%+4.2%-0.2%+0.3%-2.6%+5.9%-7.9%+4.0%+2.6%+2.6%-9.3%
YoY Change+19.9%+15.4%+4.2%-4.7%-8.1%-7.4%+0.3%+3.3%+3.2%+1.5%+3.1%-4.8%-1.2%+4.1%+0.9%-0.7%
Range$893.9M$1.07B
CAGR+1.5%
Avg YoY Growth+1.8%
Median YoY Growth+1.2%

Frequently Asked Questions

What is Southern Copper's inventories?
Southern Copper (SCCO) reported inventories of $959.2M in Q1 2026.
How has Southern Copper's inventories changed year-over-year?
Southern Copper's inventories decreased by 0.7% year-over-year, from $966.1M to $959.2M.
What is the long-term trend for Southern Copper's inventories?
Over 5 years (2020 to 2025), Southern Copper's inventories has grown at a 2.2% compound annual growth rate (CAGR), from $950.2M to $1.06B.
What does inventories mean?
The total value of all goods and materials the company currently has in stock.