Ivanhoe Electric (IE) Inventory Average (2022 - 2024)
Ivanhoe Electric (IE) reported 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 3 years of Inventory Average data on file, last reported at $5.4 million in Q2 2024.
- Inventory Average for Q2 2024 came in at $5.4 million, up 3.06% year-over-year; the trailing twelve-month figure through Jun 2024 was $5.4 million (up 3.06% YoY), and the FY2023 annual result was $5.3 million, down 7.5% from the prior year.
- Inventory Average grew to $5.4 million in Q2 2024 per IE's latest filing, from $5.2 million in the prior quarter.
- Over five years, Inventory Average peaked at $6.2 million in Q3 2022 and troughed at $4.7 million in Q3 2023.
- A 3-year average of $5.4 million and a median of $5.3 million in 2023 frame the typical range for Inventory Average.
- The sharpest annual moves came in 2023 and 2024: Inventory Average slipped 24.82% in 2023, then rose 3.06% in 2024.
- A 3-year view of Inventory Average shows it stood at $5.9 million in 2022, then retreated by 17.13% to $4.9 million in 2023, then advanced 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.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Inventory Avg. (Qtr) |
|---|---|---|---|---|---|
| 1 | Southern Copper | 142.13 Bn | 136.85 Bn | 2.75 Bn | 1.01 Bn |
| 2 | Freeport-Mcmoran | 91.19 Bn | 99.46 Bn | 6.22 Bn | - |
| 3 | Hudbay Minerals | 10.19 Bn | 9.65 Bn | 368.00 Mn | 187.50 Mn |
| 4 | Ero Copper | 2.69 Bn | 2.58 Bn | 105.91 Mn | 107.43 Mn |
| 5 | Ivanhoe Electric | 1.75 Bn | 1.46 Bn | 505,000.00 | - |
| 6 | Taseko Mines | 3.95 Mn | -119.02 Mn | 83.54 Mn | 105.01 Mn |
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 |