Ivanhoe Electric (TSX:IE) Days Payable : 1,950.43 (As of Dec. 2024)

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What is Ivanhoe Electric Days Payable?

Ivanhoe Electric's average Accounts Payable for the three months ended in Dec. 2024 was C$14.32 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 Payable for the three months ended in Dec. 2024 was 1,950.43.

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

TSX:IE' s Days Payable Range Over the Past 10 Years
Min: 269.71 Med: 845.26 Max: 5549
Current: 5549

During the past 6 years, Ivanhoe Electric's highest Days Payable was 5549.00. The lowest was 269.71. And the median was 845.26.

TSX:IE's Days Payable is ranked better than
82.92% of 1036 companies
in the Metals & Mining industry
Industry Median: 136.405 vs TSX:IE: 5549.00

Ivanhoe Electric's Days Payable increased from Dec. 2023 (923.31) to Dec. 2024 (1,950.43). It may suggest that Ivanhoe Electric delayed paying its suppliers.

Ivanhoe Electric Days Payable Historical Data

The historical data trend for Ivanhoe Electric's Days Payable 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.

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Ivanhoe Electric Days Payable Chart

Ivanhoe Electric Annual Data

Trend

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

Days Payable

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269.84

845.26

580.28

1,069.26

3,302.62

Ivanhoe Electric Quarterly Data
	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24	Dec24
Days Payable	Get a 7-Day Free Trial												923.31	16,029.25	10,325.65	6,442.46	1,950.43

Competitive Comparison of Ivanhoe Electric's Days Payable

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

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

* The bar in red indicates where Ivanhoe Electric's Days Payable falls into.

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Ivanhoe Electric Days Payable Calculation

Days Payable indicates the number of days that the account payable relative to cost of goods sold the company has. An increase of Days Payable may suggest that the company delays paying its suppliers.

Ivanhoe Electric's Days Payable for the fiscal year that ended in Dec. 2024 is calculated as

	Days Payable (A: Dec. 2024 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (A: Dec. 2023 )	+	Accounts Payable (A: Dec. 2024 ))	/	count )	/	Cost of Goods Sold (A: Dec. 2024 )	*	Days in Period
=	( (17.252	+	8.988)	/	2 )	/	1.45	*	365
=	13.12					/	1.45	*	365
=	3,302.62

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

	Days Payable (Q: Dec. 2024 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (Q: Sep. 2024 )	+	Accounts Payable (Q: Dec. 2024 ))	/	count )	/	Cost of Goods Sold (Q: Dec. 2024 )	*	Days in Period
=	( (19.654	+	8.988)	/	2 )	/	0.67	*	365 / 4
=	14.321					/	0.67	*	365 / 4
=	1,950.43

Ivanhoe Electric Days Payable Related Terms

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Ivanhoe Electric Business Description

Industry

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

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IE:USA

Address

450 E Rio Salado Parkway, Suite 130, Tempe, AZ, USA, 85281

Website

https://www.ivanhoeelectric.com

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.