MTN Group (MTN Group) Change In Inventory : $0 Mil (TTM As of Dec. 2023)

View and export this data going back to 2002. Start your Free Trial

What is MTN Group Change In Inventory?

MTN Group's change in inventory for the quarter that ended in Dec. 2023 was $0 Mil. It means MTN Group's inventory stayed the same from Jun. 2023 to Dec. 2023 .

MTN Group's change in inventory for the fiscal year that ended in Dec. 2023 was $44 Mil. It means MTN Group's inventory declined by $44 Mil from Dec. 2022 to Dec. 2023 .

MTN Group's Total Inventories for the quarter that ended in Dec. 2023 was $79 Mil.

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 quarter that ended in Dec. 2023 was 4.21.

Inventory Turnover measures how fast the company turns over its inventory within a year. MTN Group's Inventory Turnover for the quarter that ended in Dec. 2023 was 43.38.

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 quarter that ended in Dec. 2023 was 0.01.

MTN Group Change In Inventory Historical Data

The historical data trend for MTN Group's Change In 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.

* Premium members only.

MTN Group Change In Inventory Chart

MTN Group Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Change In Inventory

Get a 7-Day Free Trial

87.14

5.17

-6.10

-35.36

44.44

MTN Group Semi-Annual Data
	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Change In Inventory	Get a 7-Day Free Trial															-	-	-	-	-

MTN Group Change In Inventory Calculation

Change In Inventory is the difference between last period's ending inventory and the current period's ending inventory.

Change In Inventory for the trailing twelve months (TTM) ended in Dec. 2023 adds up the semi-annually data reported by the company within the most recent 12 months, which was $0 Mil.

MTN Group (OTCPK:MTNOF) Change In Inventory Explanation

1. 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 quarter that ended in is calculated as:

Days Inventory	=	Average Total Inventories	/	Cost of Goods Sold	*	Days in Period
	=	39.5	/	1713.698	*	365 / 2
	=	4.21

2. Inventory Turnover measures how fast the company turns over its inventory within a year.

MTN Group's Inventory Turnover for the quarter that ended in Dec. 2023 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	1713.698	/	39.5
	=	43.38

3. 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 quarter that ended in Dec. 2023 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	39.5	/	5788.341
	=	0.01

MTN Group Change In Inventory Related Terms

Thank you for viewing the detailed overview of MTN Group's Change In Inventory provided by GuruFocus.com. Please click on the following links to see related term pages.

MTN Group (MTN Group) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Communication Services » Telecommunication Services » MTN Group Ltd (OTCPK:MTNOF) » Definitions » Change In Inventory

Comparable Companies

Traded in Other Exchanges

MTN:South Africa MTNOY:USA LL6:Germany

Address

Innovation Centre 216 - 14th Avenue, Fairland, Roodepoort, Gauteng, Johannesburg, ZAF, 2195

Website

https://www.mtn.com

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.

MTN Group (MTN Group) Headlines

From GuruFocus

MTNOY – Traverse the Wilds of Africa for 2014′s Best Stock

By Charles Sizemore Charles Sizemore • 12-30-2013

MTN Group: The Emerging Market Rally Is Just Getting Started

By Charles Sizemore Charles Sizemore • 03-28-2014

MTN awards multi-year IoT connectivity platform contract to Eseye

By PRNewswire • 09-18-2023