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Ivanhoe Mines (TSX:IVN) Cash Conversion Cycle : 0.00 (As of Sep. 2024)


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What is Ivanhoe Mines Cash Conversion Cycle?

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

Ivanhoe Mines's Days Sales Outstanding for the three months ended in Sep. 2024 was .
Ivanhoe Mines's Days Inventory for the three months ended in Sep. 2024 was 0.
Ivanhoe Mines's Days Payable for the three months ended in Sep. 2024 was 0.
Therefore, Ivanhoe Mines's Cash Conversion Cycle (CCC) for the three months ended in Sep. 2024 was 0.00.


Ivanhoe Mines Cash Conversion Cycle Historical Data

The historical data trend for Ivanhoe Mines'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 Mines Cash Conversion Cycle Chart

Ivanhoe Mines Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cash Conversion Cycle
Get a 7-Day Free Trial Premium Member Only Premium Member Only -672.79 -148.60 -132.80 -413.63 -1,228.11

Ivanhoe Mines Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only -917.12 -898.52 -927.58 -714.93 -

Competitive Comparison of Ivanhoe Mines's Cash Conversion Cycle

For the Other Industrial Metals & Mining subindustry, Ivanhoe Mines'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 Mines's Cash Conversion Cycle Distribution in the Metals & Mining Industry

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

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



Ivanhoe Mines 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 Mines'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
=+20.5-1248.61
=-1,228.11

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

Cash Conversion Cycle=Days Sales Outstanding+Days Inventory-Days Payable
=+0-0
=0.00

* 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 Mines  (TSX:IVN) 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 Mines Cash Conversion Cycle Related Terms

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


Ivanhoe Mines Business Description

Traded in Other Exchanges
Address
999 Canada Place, Suite 606, Vancouver, BC, CAN, V6C 3E1
Ivanhoe Mines Ltd is a diversified mining company focused on advancing its four principal projects in Southern Africa namely the Kamoa-Kakula Copper Complex, a large, high-grade, stratiform copper deposit, Platreef Project, where the Company discovered thick and high-grade palladium, nickel, platinum, rhodium, copper and gold deposit, The Kipushi Project, a past-producing, high-grade underground zinc-copper-germanium-silverlead mine, The Western Foreland Exploration Project, a group of exploration licences. The Company has four reportable segments, including the Platreef property, Kamoa Holding joint venture, Kipushi properties, and the Company's treasury offices.
Executives
Olivier Binyingo Senior Officer
Chao (peter) Zhou Senior Officer
Mary Vincelli Senior Officer
Jinghe Chen Director
Martie Cloete Director or Senior Officer of Insider or Subsidiary (other than in 4,5,6), Senior Officer
Peter Meredith Director
Delphine Traoré Director
Citic Metal Africa Investments Limited 10% Security Holder
Setha Patricia Makhesha Director or Senior Officer of Insider or Subsidiary (other than in 4,5,6), Senior Officer
Stephen Ralph Amos Senior Officer
Louis Kabamba Watum Director or Senior Officer of Insider or Subsidiary (other than in 4,5,6), Senior Officer
Pierre Joubert Senior Officer
Alexander Pickard Senior Officer
Martie Janse Van Rensburg Director
Guy Jacques De Selliers De Moranville Director

Ivanhoe Mines Headlines

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