Ivanhoe Electric (IE) Inventory (2021 - 2024)
Ivanhoe Electric (IE) posted quarterly Inventory of $5.5 million for Q2 2024, up 18.94% year-over-year from $4.6 million in Q3 2023, and up 3.65% quarter-over-quarter from $5.3 million in Q1 2024.
Ivanhoe Electric (IE) Inventory (2021 - 2024) Analysis & Trends
Ivanhoe Electric (IE) has reported Inventory for 4 consecutive years, with $5.5 million the latest figure, recorded in Q2 2024.
- In Q2 2024, Inventory rose 18.94% year-over-year to $5.5 million; the TTM figure through Jun 2024 stood at $5.5 million (up 18.94% YoY), while the FY2023 annual figure was $5.0 million, down 11.24% from the prior year.
- Inventory improved to $5.5 million in Q2 2024 per IE's latest filing, from $5.3 million in the prior quarter.
- Across five years, Inventory topped out at $6.3 million in Q2 2022 and bottomed at $4.6 million in Q2 2023.
- Historically, Inventory has averaged $5.5 million across 4 years, with a median of $5.6 million in 2022.
- Annual changes were most pronounced in 2023 — Inventory declined 27.02% — and 2024, when it grew 18.94%.
- Ivanhoe Electric's Inventory stood at $5.9 million in 2021, then declined by 3.91% to $5.6 million in 2022, then retreated by 11.24% to $5.0 million in 2023, then climbed by 9.85% to $5.5 million in 2024.
- Business Quant data shows IE's Inventory at $5.5 million in Q2 2024, $5.3 million in Q1 2024, and $5.0 million in Q4 2023.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Inventory (Qtr) |
|---|---|---|---|---|---|
| 1 | Southern Copper | 158.74 Bn | 151.41 Bn | 2.90 Bn | 1.06 Bn |
| 2 | Freeport-Mcmoran | 98.42 Bn | 94.34 Bn | 2.19 Bn | - |
| 3 | Hudbay Minerals | 10.92 Bn | 9.87 Bn | 269.00 Mn | 189.80 Mn |
| 4 | Ero Copper | 3.71 Bn | 3.62 Bn | 105.91 Mn | 107.74 Mn |
| 5 | Trekor Metals | 3.18 Bn | 3.06 Bn | 83.54 Mn | 114.25 Mn |
| 6 | Ivanhoe Electric | 1.76 Bn | 1.50 Bn | 368,000.00 | - |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2024 | 5.51 Mn |
| Mar 31, 2024 | 5.31 Mn |
| Dec 31, 2023 | 5.01 Mn |
| Sep 30, 2023 | 4.76 Mn |
| Jun 30, 2023 | 4.63 Mn |
| Mar 31, 2023 | 5.87 Mn |
| Dec 31, 2022 | 5.65 Mn |
| Sep 30, 2022 | 6.14 Mn |
| Jun 30, 2022 | 6.34 Mn |
| Dec 31, 2021 | 5.88 Mn |