GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Ivanhoe Electric Inc (TSX:IE) » Definitions » Days Inventory

Ivanhoe Electric (TSX:IE) Days Inventory : 0.00 (As of Dec. 2024)


View and export this data going back to 2022. Start your Free Trial

What is Ivanhoe Electric Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Ivanhoe Electric's Average Total Inventories for the three months ended in Dec. 2024 was C$0.00 Mil. Ivanhoe Electric's Cost of Goods Sold for the three months ended in Dec. 2024 was C$0.67 Mil. Hence, Ivanhoe Electric's Days Inventory for the three months ended in Dec. 2024 was 0.00.

The historical rank and industry rank for Ivanhoe Electric's Days Inventory or its related term are showing as below:

TSX:IE' s Days Inventory Range Over the Past 10 Years
Min: 651.58   Med: 723.46   Max: 1845.53
Current: 1845.53

During the past 6 years, Ivanhoe Electric's highest Days Inventory was 1845.53. The lowest was 651.58. And the median was 723.46.

TSX:IE's Days Inventory is ranked worse than
97.38% of 650 companies
in the Metals & Mining industry
Industry Median: 86.34 vs TSX:IE: 1845.53

Ivanhoe Electric's Days Inventory declined from Dec. 2023 (352.16) to Dec. 2024 (0.00).

Inventory Turnover measures how fast the company turns over its inventory within a year.

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 Dec. 2024 was 0.00.


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.

* Premium members only.

Ivanhoe Electric Days Inventory Chart

Ivanhoe Electric Annual Data
Trend Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Days Inventory
Get a 7-Day Free Trial 723.61 1,130.64 651.20 655.92 1,692.84

Ivanhoe Electric Quarterly Data
Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24
Days Inventory 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 352.16 4,703.43 2,556.91 1,984.62 -

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. 2024 is calculated as

Days Inventory (A: Dec. 2024 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (A: Dec. 2023 ) + Total Inventories (A: Dec. 2024 )) / count ) / Cost of Goods Sold (A: Dec. 2024 )*Days in Period
=( (6.725 + 0) / 1 ) / 1.45*365
=6.725 / 1.45*365
=1,692.84

Ivanhoe Electric's Days Inventory for the quarter that ended in Dec. 2024 is calculated as:

Days Inventory (Q: Dec. 2024 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (Q: Sep. 2024 ) + Total Inventories (Q: Dec. 2024 )) / count ) / Cost of Goods Sold (Q: Dec. 2024 )*Days in Period
=( (0 + 0) / 1 ) / 0.67*365 / 4
=0 / 0.67*365 / 4
=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 Electric  (TSX: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 Dec. 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 Dec. 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 Business Description

Traded in Other Exchanges
Address
450 E Rio Salado Parkway, Suite 130, Tempe, AZ, USA, 85281
Ivanhoe Electric Inc is a United States-based d minerals exploration company with a focus on developing mines from mineral deposits principally located in the United States. The company has four business segments; Santa Cruz Project; critical metals; data processing services; and energy storage. It derives a majority of its revenue from Canada. The Santa Cruz Project and critical metals segments are focused on mineral project exploration and development. The data processing segment provides data analytics, geophysical modeling, and artificial intelligence services for the mineral, oil & gas, and water exploration industries. The energy storage segment develops, manufactures, and installs vanadium flow batteries for grid-scale energy storage.