Days Inventory is also known as Days Sales of Inventory (DSI). MTN Group's Average Total Inventories for the
six
months ended in Dec. 2023 was $79 Mil. MTN Group's Cost of Goods Sold for the
six
months ended in Dec. 2023 was $1,714 Mil.
Hence, MTN Group's Days Inventory for the
six
months ended in Dec. 2023 was 8.41.
The historical rank and industry rank for MTN Group's Days Inventory or its related term are showing as below:
MTNOY'
s Days Inventory Range Over the Past 10 Years
Min: 9.74 Med: 21.25 Max: 38.63
Current: 9.74
During the past 13 years, MTN Group's highest Days Inventory was 38.63. The lowest was 9.74. And the median was 21.25.
MTNOY's Days Inventory is ranked better than 74.5% of 298
companies
in the Telecommunication Services industry
Industry Median: 19.215
vs MTNOY: 9.74
MTN Group's Days Inventory
declined
from Dec. 2022 (11.65) to Dec. 2023 (8.41).
Inventory Turnover measures how fast the company turns over its inventory within a year.
MTN Group's Inventory Turnover for the
six
months ended in Dec. 2023 was 21.69.
Inventory-to-Revenue determines the ability of a company to manage their inventory levels. It measures the percentage of Inventories the company currently has on hand to support the current amount of Revenue.
MTN Group's Inventory-to-Revenue for the
six
months ended in Dec. 2023 was 0.01.
MTN Group Days Inventory Historical Data
The historical data trend for MTN Group's Days Inventory can be seen below:
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
Competitive Comparison of MTN Group's Days Inventory
For the Telecom Services subindustry, MTN Group's Days Inventory, along with its competitors' market caps and Days Inventory data, can be viewed below:
* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.
MTN Group's Days Inventory Distribution in the Telecommunication Services Industry
For the Telecommunication Services industry and Communication Services sector, MTN Group's Days Inventory distribution charts can be found below:
* The bar in red indicates where MTN Group's Days Inventory falls into.
MTN Group Days Inventory Calculation
Days Inventory indicates the number of days of goods in sales that a company has in the inventory.
MTN Group's Days Inventory for the fiscal year that ended in Dec. 2023 is calculated as
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
MTN Group (OTCPK:MTNOY) Days Inventory Explanation
Days Inventory indicates the liquidity of the inventory. Generally, a lower Days Inventory is preferred as it indicates a shorter duration to clear off the inventory. An increase of the ratio may indicate the company's sales slowed. Similar ratios related to Days Inventory are:
1. Inventory Turnover measures how fast the company turns over its inventory within a year.
MTN Group's Inventory Turnover for the
six
months ended in Dec. 2023 is calculated as
2. Inventory-to-Revenue determines the ability of a company to manage their inventory levels. It measures the percentage of Inventories the company currently has on hand to support the current amount of Revenue.
MTN Group's Inventory to Revenue for the
six
months ended in Dec. 2023 is calculated as
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
Be Aware
A lot of business are seasonable. It makes more sense to compare Days Inventory from the same period in the previous year instead of from the previous quarter.
MTN Group Days Inventory Related Terms
Thank you for viewing the detailed overview of MTN Group's Days Inventory provided by GuruFocus.com. Please click on the following links to see related term pages.
MTN Group Ltd is a mobile telecommunications provider operating across South Africa, Nigeria, Ghana, Cameroon, Ivory Coast, Uganda, Syria, and Sudan. most of the company's revenue is earned in South Africa and Nigeria. The company also has a joint venture in Iran. From a product perspective, most of its revenue is from voice and data. Other contributors include SMS and sale of devices revenue. MTN also provides enterprise services to small/midsize enterprises and corporate clients. The company owns the mobile infrastructure and data centers. Its segments include Network services, Mobile devices, Inter- connect and roaming, Digital and fintech and others.
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