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Ivanhoe Electric (Ivanhoe Electric) Cash Conversion Cycle : -10,358.42 (As of Mar. 2024)


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What is Ivanhoe Electric Cash Conversion Cycle?

Cash Conversion Cycle is one of several measures of management effectiveness. It equals Days Sales Outstanding + Days Inventory - Days Payable.

Ivanhoe Electric's Days Sales Outstanding for the three months ended in Mar. 2024 was 968.9.
Ivanhoe Electric's Days Inventory for the three months ended in Mar. 2024 was 4711.24.
Ivanhoe Electric's Days Payable for the three months ended in Mar. 2024 was 16038.56.
Therefore, Ivanhoe Electric's Cash Conversion Cycle (CCC) for the three months ended in Mar. 2024 was -10,358.42.


Ivanhoe Electric Cash Conversion Cycle Historical Data

The historical data trend for Ivanhoe Electric's Cash Conversion Cycle 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.

* Premium members only.

Ivanhoe Electric Cash Conversion Cycle Chart

Ivanhoe Electric Annual Data
Trend Dec19 Dec20 Dec21 Dec22 Dec23
Cash Conversion Cycle
- 612.58 418.70 133.75 -188.62

Ivanhoe Electric Quarterly Data
Dec19 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Cash Conversion Cycle Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 834.33 531.97 2,423.52 -415.96 -10,358.42

Competitive Comparison of Ivanhoe Electric's Cash Conversion Cycle

For the Copper subindustry, Ivanhoe Electric's Cash Conversion Cycle, along with its competitors' market caps and Cash Conversion Cycle 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 Cash Conversion Cycle Distribution in the Metals & Mining Industry

For the Metals & Mining industry and Basic Materials sector, Ivanhoe Electric's Cash Conversion Cycle distribution charts can be found below:

* The bar in red indicates where Ivanhoe Electric's Cash Conversion Cycle falls into.



Ivanhoe Electric Cash Conversion Cycle Calculation

Cash Conversion Cycle (CCC) measures how fast a company can convert cash on hand into even more cash on hand. This metric looks at the amount of time needed to sell inventory, the amount of time needed to collect receivables and the length of time the company is afforded to pay its bills without incurring penalties.

Cash Conversion Cycle is one of several measures of management effectiveness.

Ivanhoe Electric's Cash Conversion Cycle for the fiscal year that ended in Dec. 2023 is calculated as

Cash Conversion Cycle=Days Sales Outstanding +Days Inventory-Days Payable
=225.52+651.58-1065.72
=-188.62

Ivanhoe Electric's Cash Conversion Cycle for the quarter that ended in Mar. 2024 is calculated as:

Cash Conversion Cycle=Days Sales Outstanding+Days Inventory-Days Payable
=968.9+4711.24-16038.56
=-10,358.42

* 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) Cash Conversion Cycle Explanation

Generally, the lower this number is, the better for the company. Although it should be combined with other metrics (such as ROE % and ROA %), it can be especially useful for comparing close competitors, because the company with the lowest CCC is often the one with better management.


Be Aware

CCC is most effective with retail-type companies, which have inventories that are sold to customers. Consulting businesses, software companies and insurance companies are all examples of companies for whom this metric is meaningless.

The CCC is one of several tools that can help you evaluate management, especially if it is calculated for several consecutive time periods and for several competitors. Decreasing or steady CCCs are good, while rising ones should motivate you to dig a bit deeper.


Ivanhoe Electric Cash Conversion Cycle Related Terms

Thank you for viewing the detailed overview of Ivanhoe Electric's Cash Conversion Cycle provided by GuruFocus.com. Please click on the following links to see related term pages.


Ivanhoe Electric (Ivanhoe Electric) Business Description

Traded in Other Exchanges
Address
606?–?999 Canada Place, Vancouver, BC, CAN, V6C 3E1
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.
Executives
Taylor Melvin director, officer: President and CEO C/O IVANHOE ELECTRIC INC., 606-999 CANADA PLACE, VANCOUVER A1 V6E 3E1
Stephani Terhorst officer: Vice President Human Resources 1605 CROWN POINT ROAD, MCKINNEY TX 75072
Sofia Bianchi director P.O. BOX 68861, RIYADH T0 11537
Catherine Anne Barone officer: Chief Financial Officer 63 CLIFFWOOD DR, PORT MOODY A1 V3H 5J8
Ronald J Vance director C/O ROYAL GOLD, 1144 15TH STREET, SUITE 2500, DENVER CO 80202
Gibson Mark Andrew Stuart officer: Chief Operating Officer 1101, 172 VICTORY SHIP WAY, NORTH VANCOUVER A1 V7L 0B5
Boyd Graham Richard Thomas officer: Vice President, US Projects 1254 E 15TH AVE, VANCOUVER A1 V5T 2S8
Young Evan James Macmillan officer: VP, Corporate Development 123 LANGLEY AVENUE, TORONTO A6 M4K 1B6
Patrick Loftus-hills director 606-999 CANADA PLACE, VANCOUVER A1 V6E 3E1
Cassandra Pulskamp Joseph officer: VP, Gen Counsel and Corp Sec C/O IVANHOE ELECTRIC INC., 606-999 CANADA PLACE, VANCOUVER A1 V6E 3E1
Quentin Markin officer: See Remarks C/O IVANHOE ELECTRIC INC., 606-999 CANADA PLACE, VANCOUVER A1 V6E 3E1
Robert M Friedland director, officer: Chief Executive Officer 150 BEACH ROAD #25-03, THE GATEWAY WEST, SINGAPORE U0 189720
Jordan Neeser officer: Chief Financial Officer C/O IVANHOE ELECTRIC INC., 606-999 CANADA PLACE, VANCOUVER A1 V6E 3E1
I-pulse Inc. 10 percent owner 150 BEACH ROAD #25-003, THE GATEWAY WEST, SINGAPORE U0 189720
Glen Nickolas Kuntz officer: Chief Tech & Innovation Off. 4300 LOCH LOMOND ROAD, THUNDER BAY A6 P7J 1N9

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