Freeport-McMoRan Inventory Turnover Ratio 2010-2023 | FCX
Current and historical inventory turnover ratio for Freeport-McMoRan (FCX) from 2010 to 2023. Inventory turnover ratio can be defined as a ratio showing how many times a company's inventory is sold and replaced over a period. Freeport-McMoRan inventory turnover ratio for the three months ending December 31, 2023 was 0.65.
Freeport-McMoRan Inventory Turnover Ratio Historical Data |
Date |
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Sector |
Industry |
Market Cap |
Revenue |
Basic Materials |
Mining - Non-Ferrous |
$65.811B |
$22.855B |
Freeport-McMoRan Inc., is engaged in mineral exploration and development; mining and milling of copper, gold, molybdenum and silver; as well as the smelting and refining of copper concentrates. The company conducts its operations primarily through its principal operating subsidiaries, PT Freeport Indonesia, Freeport-McMoRan Corporation and Atlantic Copper. PT Freeport Indonesia's principal asset is Papua, Indonesia-based Grasberg mine, which contains the world's largest copper and gold reserves. Freeport conducts its mining operations through four primary divisions - North America copper mines, South America mining, Indonesia mining and Molybdenum. In North America, Freeport operates open-pit copper mines in Arizona and New Mexico. The company also has molybdenum mines in Colorado. All of these operations are wholly owned by Freeport, except Morenci, which is under a joint venture with Freeport holding. In South America, the company has operating copper mines in Peru and in Chile.
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