Dangote Cement (NSA:DCP) Days Sales Outstanding : 2.98 (As of Dec. 2023)

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What is Dangote Cement Days Sales Outstanding?

Dangote Cement's average Accounts Receivable for the three months ended in Dec. 2023 was ₦22,677 Mil. Dangote Cement's Revenue for the three months ended in Dec. 2023 was ₦693,489 Mil. Hence, Dangote Cement's Days Sales Outstanding for the three months ended in Dec. 2023 was 2.98.

The historical rank and industry rank for Dangote Cement's Days Sales Outstanding or its related term are showing as below:

NSA:DCP' s Days Sales Outstanding Range Over the Past 10 Years
Min: 3.08 Med: 4.92 Max: 7.28
Current: 3.16

During the past 13 years, Dangote Cement's highest Days Sales Outstanding was 7.28. The lowest was 3.08. And the median was 4.92.

NSA:DCP's Days Sales Outstanding is ranked better than
98.42% of 380 companies
in the Building Materials industry
Industry Median: 55.53 vs NSA:DCP: 3.16

Dangote Cement's Days Sales Outstanding increased from Dec. 2022 (2.78) to Dec. 2023 (2.98).

Dangote Cement Days Sales Outstanding Historical Data

The historical data trend for Dangote Cement's Days Sales Outstanding 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.

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Dangote Cement Days Sales Outstanding Chart

Dangote Cement Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Sales Outstanding

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5.75

4.76

3.54

3.08

3.29

Dangote Cement Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Days Sales Outstanding	Get a 7-Day Free Trial															2.78	3.34	3.00	3.29	2.98

Competitive Comparison of Dangote Cement's Days Sales Outstanding

For the Building Materials subindustry, Dangote Cement's Days Sales Outstanding, along with its competitors' market caps and Days Sales Outstanding 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.

Dangote Cement's Days Sales Outstanding Distribution in the Building Materials Industry

For the Building Materials industry and Basic Materials sector, Dangote Cement's Days Sales Outstanding distribution charts can be found below:

* The bar in red indicates where Dangote Cement's Days Sales Outstanding falls into.

Dangote Cement Days Sales Outstanding Calculation

Days Sales Outstanding measures the average number of days that a company takes to collect revenue after a sale has been made. It is a financial ratio that illustrates how well a company's Accounts Receivable are being managed.

Accounts Receivable can be measured by Days Sales Outstanding.

Dangote Cement's Days Sales Outstanding for the fiscal year that ended in Dec. 2023 is calculated as

	Days Sales Outstanding (A: Dec. 2023 )
=	Average Accounts Receivable					/	Revenue	*	Days in Period
=	( (Accounts Receivable (A: Dec. 2022 )	+	Accounts Receivable (A: Dec. 2023 ))	/	count )	/	Revenue (A: Dec. 2023 )	*	Days in Period
=	( (14583	+	25206)	/	2 )	/	2208090	*	365
=	19894.5					/	2208090	*	365
=	3.29

Dangote Cement's Days Sales Outstanding for the quarter that ended in Dec. 2023 is calculated as:

	Days Sales Outstanding (Q: Dec. 2023 )
=	Average Accounts Receivable					/	Revenue	*	Days in Period
=	( (Accounts Receivable (A: Sep. 2023 )	+	Accounts Receivable (A: Dec. 2023 ))	/	count )	/	Revenue (A: Dec. 2023 )	*	Days in Period
=	( (20147	+	25206)	/	2 )	/	693489	*	365 / 4
=	22676.5					/	693489	*	365 / 4
=	2.98

Dangote Cement (NSA:DCP) Days Sales Outstanding Explanation

For retailers, when we compare Days Sales Outstanding, it is important to compare the same period in the previous years.

Dangote Cement Days Sales Outstanding Related Terms

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Dangote Cement (NSA:DCP) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Building Materials » Dangote Cement PLC (NSA:DCP) » Definitions » Days Sales Outstanding

Comparable Companies

Traded in Other Exchanges

N/A

Address

1, Alfred Rewane Road, P.O. Box 40032, Falomo, Ikoyi, Union Marble House, Lagos, NGA

Website

http://www.dangotecement.com

Dangote Cement PLC is a Nigerian cement manufacturer. It manufactures and markets cement and related products through its 'Dangote' brand. Its geographical segment includes Nigeria and Pan Africa. The company derives a majority of revenue from Nigeria segment.

Dangote Cement (NSA:DCP) Headlines

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