Freeport-McMoRan's Days Sales Outstanding for the
three
months ended in Mar. 2026 was 12.12.
Freeport-McMoRan's Days Inventory for the
three
months ended in Mar. 2026 was 148.48.
Freeport-McMoRan's Days Payable for the
three
months ended in Mar. 2026 was 70.6.
Therefore, Freeport-McMoRan's Cash Conversion Cycle (CCC) for the
three
months ended in Mar. 2026 was 90.00.
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.
Freeport-McMoRan Cash Conversion Cycle Related Terms
Freeport-McMoRan Cash Conversion Cycle Historical Data
* Premium members only.
The historical data trend for Freeport-McMoRan'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.
MEX:FCX vs SCCO, IE, COPRD: Cash Conversion Cycle Comparison
For the Copper subindustry, Freeport-McMoRan'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.
Freeport-McMoRan Cash Conversion Cycle vs Metals & Mining Industry
For the Metals & Mining industry and Basic Materials sector, Freeport-McMoRan's Cash Conversion Cycle distribution charts can be found below:
* The bar in red indicates where Freeport-McMoRan's Cash Conversion Cycle falls into.
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.
Freeport-McMoRan's Cash Conversion Cycle for the fiscal year that ended in Dec. 2025 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.
Freeport-McMoRan (MEX:FCX) has a Cash Conversion Cycle of 90.00 as of Mar. 2026. Cash conversion cycle equals sum of days inventory and days sales outstanding less days payable. View historical data on Freeport-McMoRan and its competitors.
Is Freeport-McMoRan's Cash Conversion Cycle too high?
Freeport-McMoRan's current Cash Conversion Cycle is 90.00. The Metals & Mining industry median Cash Conversion Cycle is 14.45. Freeport-McMoRan's value of 90.00 is 522.8% above this industry median. Overall, Freeport-McMoRan has a GF Score™ of 84/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Freeport-McMoRan's Cash Conversion Cycle compare to SCCO and IE?
Freeport-McMoRan's Cash Conversion Cycle of 90.00 can be compared against companies in the Metals & Mining industry. The industry median Cash Conversion Cycle is 14.45. Freeport-McMoRan's value of 90.00 is 522.8% above this benchmark. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Cash Conversion Cycle for a Metals & Mining company?
The median Cash Conversion Cycle among Metals & Mining companies is 14.45, based on 1,164 companies in the industry. Companies in the top quartile (top 25%) have a Cash Conversion Cycle significantly above this median, while those in the bottom quartile fall well below. However, Cash Conversion Cycle should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Freeport-McMoRan's current Cash Conversion Cycle of 90.00 is 522.8% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Cash Conversion Cycle mean?
A high Cash Conversion Cycle can signal that a stock is expensive relative to its fundamentals. Cash conversion cycle equals sum of days inventory and days sales outstanding less days payable. View historical data on Freeport-McMoRan and its competitors. For the Metals & Mining industry, the median Cash Conversion Cycle is 14.45 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Freeport-McMoRan's current Cash Conversion Cycle is 90.00. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Freeport-McMoRan stock overvalued right now?
Based on GuruFocus' analysis, Freeport-McMoRan (MEX:FCX) is currently considered Modestly Overvalued. The stock's GF Value™ is MXN838.48, compared to a current price of MXN1,080.00 — trading 28.8% above its estimated fair value. The current Cash Conversion Cycle is 90.00 and 522.8% above the Metals & Mining industry median of 14.45. Freeport-McMoRan's overall GF Score™ is 84/100. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Cash Conversion Cycle calculated?
Cash Conversion Cycle is calculated from a company's financial statements. For Freeport-McMoRan (MEX:FCX), the current Cash Conversion Cycle is 90.00 as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.
Is Freeport-McMoRan (MEX:FCX) Overvalued in 2026?
Based on GuruFocus' analysis, Freeport-McMoRan stock appears to be overvalued.
The current stock price of MXN1,080.00 is trading 28.8% above its estimated GF Value™ of MXN838.48.
GuruFocus considers Freeport-McMoRan to be Modestly Overvalued.
Key valuation signals for MEX:FCX:
Cash Conversion Cycle: 90.00
GF Value™: MXN838.48 vs. price of MXN1,080.00 (28.8% above fair value)
Industry Position: 522.8% above the Metals & Mining median
No single metric tells the full story. See the MEX:FCX stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Freeport-McMoRan owns stakes in 10 copper mines, led by its 49% ownership of the Grasberg copper and gold operations in Indonesia, 55% of the Cerro Verde mine in Peru, and 72% of Morenci in Arizona. It sold around 1.1 million metric tons of copper (its share) in 2025, making it the one of the world's largest copper miners by volume. It also sold about 530,000 ounces of gold, mostly from Grasberg, and 74 million pounds of molybdenum. It had about 25 years of copper reserves at the end of December 2025. We expect it to sell about 1.3 million metric tons of copper and 610,000 ounces of gold midcycle in 2030.
84GF Score
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