Hi! 👋 We have a new venture. Please check out Satire Labs, our Medium post, and consider buying our first NFT, "Dumb" SolPunks 😉.
The funniest way to turn your $100 to $1 million. ⛴️ 🚢.
Note: This is a joke. Kinda. We really do think you'll make money 😎🙂

What is FCX's Accounts Receivables?

  Freeport-McMoRan Inc ( FCX ) |
1994 - 2021 (28 years)

Accounts Receivables is 
$5.5B (1Y +14.1% )

FCX Stock Price & Accounts Receivables

Accounts Receivables for FCX competitors.
TECK BBL RIO APC NEM BHP SCCO VALE
Note: Stonk = Stock. Both words are used interchangeably. 🙂

Historical (All-Time) Stats for Accounts Receivables

chevron_right 2021 $1.4B +1.8x
( +3.8% / year avg)
chevron_left 1994 $501.7M
vertical_align_top Peak $10.0B +20.9x
vertical_align_bottom Bottom $457.2M
arrow_drop_up # Up Years 14 14 of 28
years up.
arrow_drop_down # Down Years 14
Up Years = Positive (0%+) YoY change
Down Years = Zero or Negative (0% or less) YoY change

Key Points (Stonk Price Comparison)

  • FCX's stock price has rallied +111% from $7.73 in 1994 , or +0.06x the rate relative to it's accounts receivables over the same period.
  • If FCX grows it's stock at the same rate as it's accounts receivables (+3.8%/year) , it's stock price will grow +145% and hit $23.76 over the next 10 years.
  • FCX's stock price has gone up 10 of the 14 years (+71%) it's accounts receivables were also up.
  • FCX Historical Accounts Receivables Table
    in $ million
    Year Accounts Receivables YoY % Change Stock Price YoY % Change (Stock Price)
    4/1/2021 $1,412 -71.7% $16.36 80.4%
    4/1/2020 $4,993 11.5% $9.07 -5.3%
    4/1/2019 $4,477 -20.2% $9.58 -41.7%
    4/1/2018 $5,607 -13.4% $16.42 47.5%
    4/1/2017 $6,473 -17.9% $11.14 3.7%
    4/1/2016 $7,880 -13.7% $10.74 -42.8%
    4/1/2015 $9,133 -8.7% $18.79 -40.3%
    4/1/2014 $10,004 33.3% $31.45 19.2%
    4/1/2013 $7,506 35.0% $26.38 0.4%
    4/1/2012 $5,560 -26.4% $26.28 -36.3%
    4/1/2011 $7,555 9.6% $41.24 52.7%
    4/1/2010 $6,895 0.8% $27.0 29.2%
    4/1/2009 $6,843 -6.2% $20.91 -52.1%
    4/1/2008 $7,299 -0.8% $43.68 49.2%
    4/1/2007 $7,360 189.7% $29.28 49.9%
    4/1/2006 $2,540 63.7% $19.54 67.2%
    4/1/2005 $1,551 69.4% $11.69 9.7%
    4/1/2004 $916 -1.0% $10.65 55.7%
    4/1/2003 $925 102.5% $6.84 11.7%
    4/1/2002 $457 -23.3% $6.12 26.0%
    4/1/2001 $596 5.3% $4.86 70.6%
    4/1/2000 $565 -39.8% $2.85 -40.0%
    4/1/1999 $939 89.0% $4.75 -18.2%
    4/1/1998 $497 -41.0% $5.81 -33.8%
    4/1/1997 $842 -28.7% $8.77 -9.7%
    4/1/1996 $1,182 28.1% $9.71 25.6%
    4/1/1995 $922 83.9% $7.73 0.0%
    4/1/1994 $501 - $7.73 -

  • About
    Industry: Copper
    Sector: Basic Materials
    Country: US
    IPO Date: 5/5/1988
    Stonk Exchange: NYSE
    • Freeport-McMoRan, Inc
    • engages in the mining of copper, gold, and molybdenum.
    • The company is headquartered in Phoenix, Arizona and currently employs 26,800 full-time employees.
    • The firm operates through geographical assets with proven and probable reserves of copper, gold and molybdenum, and traded copper producer.
    • The firm's segments include refined copper products, copper in concentrate, gold, molybdenum, oil and other.
    • The firm's segments include the Morenci, Cerro Verde, Grasberg copper mines, the Rod & Refining operations and the United States (U.
    • S
    • ) Oil and Gas Operations
    • The firm has organized its operations into five divisions, which include North America copper mines, South America mining, Indonesia mining and Molybdenum mines.
    • The firm's portfolio of assets includes the Grasberg minerals district in Indonesia, copper and gold deposits, and mining operations in the Americas, including the large-scale Morenci minerals district in North America and the Cerro Verde operation in South America.

  • Accounts receivables (also known as net receivables consist of the short-term obligations owed to the company by its clients. Companies often sell products or services to customers on credit; these obligations are held in the current assets account until they are paid off by the clients.

    For more detailed definitions, please see Investopedia.