Ivanhoe Electric (IE) Inventory Average (2022 - 2024)
Ivanhoe Electric (IE) posted quarterly Inventory Average of $5.4 million for Q2 2024, up 3.06% year-over-year from $5.2 million in Q3 2023, and up 4.78% quarter-over-quarter from $5.2 million in Q1 2024.
Ivanhoe Electric (IE) Inventory Average (2022 - 2024) Analysis & Trends
Ivanhoe Electric (IE) has reported Inventory Average for 3 consecutive years, with $5.4 million the latest figure, recorded in Q2 2024.
- In Q2 2024, Inventory Average rose 3.06% year-over-year to $5.4 million; the TTM figure through Jun 2024 stood at $5.4 million (up 3.06% YoY), while the FY2023 annual figure was $5.3 million, down 7.5% from the prior year.
- Inventory Average improved to $5.4 million in Q2 2024 per IE's latest filing, from $5.2 million in the prior quarter.
- Across five years, Inventory Average topped out at $6.2 million in Q3 2022 and bottomed at $4.7 million in Q3 2023.
- Historically, Inventory Average has averaged $5.4 million across 3 years, with a median of $5.3 million in 2023.
- Annual changes were most pronounced in 2023 — Inventory Average slipped 24.82% — and 2024, when it rose 3.06%.
- Ivanhoe Electric's Inventory Average stood at $5.9 million in 2022, then decreased by 17.13% to $4.9 million in 2023, then climbed by 10.76% to $5.4 million in 2024.
- Business Quant data shows IE's Inventory Average at $5.4 million in Q2 2024, $5.2 million in Q1 2024, and $4.9 million in Q4 2023.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Inventory Avg. (Qtr) |
|---|---|---|---|---|---|
| 1 | Southern Copper | 161.21 Bn | 153.88 Bn | 2.90 Bn | 1.01 Bn |
| 2 | Freeport-Mcmoran | 98.88 Bn | 94.80 Bn | 2.19 Bn | - |
| 3 | Hudbay Minerals | 11.04 Bn | 10.00 Bn | 269.00 Mn | 182.80 Mn |
| 4 | Ero Copper | 3.75 Bn | 3.66 Bn | 105.91 Mn | 107.43 Mn |
| 5 | Trekor Metals | 3.19 Bn | 3.07 Bn | 83.54 Mn | 105.01 Mn |
| 6 | Ivanhoe Electric | 1.76 Bn | 1.50 Bn | 368,000.00 | - |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2024 | 5.41 Mn |
| Mar 31, 2024 | 5.16 Mn |
| Dec 31, 2023 | 4.88 Mn |
| Sep 30, 2023 | 4.69 Mn |
| Jun 30, 2023 | 5.25 Mn |
| Mar 31, 2023 | 5.76 Mn |
| Dec 31, 2022 | 5.89 Mn |
| Sep 30, 2022 | 6.24 Mn |