The historical rank and industry rank for Ivanhoe Electric's Days Inventory or its related term are showing as below:
IE'
s Days Inventory Range Over the Past 10 Years
Min: 643.49 Med: 697.22 Max: 1130.54
Current: 643.49
During the past 5 years, Ivanhoe Electric's highest Days Inventory was 1130.54. The lowest was 643.49. And the median was 697.22.
IE's Days Inventory is ranked worse than 95.01% of 661
companies
in the Metals & Mining industry
Industry Median: 88.64
vs IE: 643.49
Ivanhoe Electric's Days Inventory
increased
from Mar. 2023 (2,855.78) to Mar. 2024 (4,711.24).
It might indicate that Ivanhoe Electric's sales slowed down.
Inventory Turnover measures how fast the company turns over its inventory within a year.
Ivanhoe Electric's Inventory Turnover for the
three
months ended in Mar. 2024 was 0.02.
Inventory-to-Revenue determines the ability of a company to manage their inventory levels. It measures the percentage of Inventories the company currently has on hand to support the current amount of Revenue.
Ivanhoe Electric's Inventory-to-Revenue for the
three
months ended in Mar. 2024 was 14.34.
Ivanhoe Electric Days Inventory Historical Data
The historical data trend for Ivanhoe Electric's Days Inventory can be seen below:
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
Competitive Comparison of Ivanhoe Electric's Days Inventory
For the Copper subindustry, Ivanhoe Electric's Days Inventory, along with its competitors' market caps and Days Inventory data, can be viewed below:
* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.
Ivanhoe Electric's Days Inventory Distribution in the Metals & Mining Industry
For the Metals & Mining industry and Basic Materials sector, Ivanhoe Electric's Days Inventory distribution charts can be found below:
* The bar in red indicates where Ivanhoe Electric's Days Inventory falls into.
Ivanhoe Electric Days Inventory Calculation
Days Inventory indicates the number of days of goods in sales that a company has in the inventory.
Ivanhoe Electric's Days Inventory for the fiscal year that ended in Dec. 2023 is calculated as
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
Ivanhoe Electric (AMEX:IE) Days Inventory Explanation
Days Inventory indicates the liquidity of the inventory. Generally, a lower Days Inventory is preferred as it indicates a shorter duration to clear off the inventory. An increase of the ratio may indicate the company's sales slowed. Similar ratios related to Days Inventory are:
1. Inventory Turnover measures how fast the company turns over its inventory within a year.
Ivanhoe Electric's Inventory Turnover for the
three
months ended in Mar. 2024 is calculated as
2. Inventory-to-Revenue determines the ability of a company to manage their inventory levels. It measures the percentage of Inventories the company currently has on hand to support the current amount of Revenue.
Ivanhoe Electric's Inventory to Revenue for the
three
months ended in Mar. 2024 is calculated as
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
Be Aware
A lot of business are seasonable. It makes more sense to compare Days Inventory from the same period in the previous year instead of from the previous quarter.
Ivanhoe Electric Days Inventory Related Terms
Thank you for viewing the detailed overview of Ivanhoe Electric's Days Inventory provided by GuruFocus.com. Please click on the following links to see related term pages.
Ivanhoe Electric (Ivanhoe Electric) Business Description
Ivanhoe Electric Inc is a United States-based minerals exploration and development company with a focus on developing mines from mineral deposits located in the United States. The company has three reportable segments; Critical metals segment is focused on mineral project exploration and development with a focus on identifying and developing mineral projects, and ultimately mines, associated with the metals necessary for electrification, The data processing segment provides data analytics, geophysical modeling, and artificial intelligence services for the mineral, oil & gas and water exploration industries, and The energy storage segment develops, manufactures and installs vanadium flow batteries for grid-scale energy storage. It derives a majority of its revenue from Canada.
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