Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.
Dangote Cement's change in inventory for the quarter that ended in Mar. 2026 was ₦53,257 Mil. It means Dangote Cement's inventory
declined by ₦53,257 Mil
from Dec. 2025 to Mar. 2026 .
Dangote Cement's change in inventory for the fiscal year that ended in Dec. 2025 was ₦-88,406 Mil. It means Dangote Cement's inventory
increased by ₦88,406 Mil
from Dec. 2024 to Dec. 2025 .
Days Inventory indicates the number of days of goods in sales that a company has in the inventory.
Dangote Cement's Days Inventory for the quarter that ended in Mar. 2026 was 148.49.
Inventory Turnover measures how fast the company turns over its inventory within a year.
Dangote Cement's Inventory Turnover for the quarter that ended in Mar. 2026 was 0.61.
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.
Dangote Cement's Inventory-to-Revenue for the quarter that ended in Mar. 2026 was 0.61.
Dangote Cement (NSA:DCP) Change In Inventory Explanation
1. Days Inventory indicates the number of days of goods in sales that a company has in the inventory.
Dangote Cement's Days Inventory for the quarter that ended in is calculated as:
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.
Dangote Cement's Inventory to Revenue for the quarter that ended in Mar. 2026 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.
Dangote Cement Change In Inventory Related Terms
Dangote Cement Change In Inventory Historical Data
* Premium members only.
The historical data trend for Dangote Cement'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.
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 Mar. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was ₦-33,262 Mil.
* 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.
What does a Change In Inventory of ₦-33,262 Mil mean?
Dangote Cement (NSA:DCP) has a Change In Inventory of ₦-33,262 Mil as of Mar. 2026. Change in Inventory is the difference between current-period inventory and past-period inventory. View historical data for Dangote Cement and its competitors.
Is Dangote Cement's Change In Inventory too high?
Dangote Cement's current Change In Inventory is ₦-33,262 Mil. Overall, Dangote Cement has a GF Score™ of 100/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Dangote Cement's Change In Inventory compare to CRH and VMC?
Dangote Cement's Change In Inventory of ₦-33,262 Mil can be compared against companies in the Building Materials industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Change In Inventory for a Building Materials company?
A good Change In Inventory depends on the Building Materials industry context. However, Change In Inventory should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Change In Inventory mean?
A high Change In Inventory can signal that a stock is expensive relative to its fundamentals. Change in Inventory is the difference between current-period inventory and past-period inventory. View historical data for Dangote Cement and its competitors. Dangote Cement's current Change In Inventory is ₦-33,262 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Dangote Cement stock overvalued right now?
Based on GuruFocus' analysis, Dangote Cement (NSA:DCP) is currently considered Modestly Overvalued. The stock's GF Value™ is ₦821.95, compared to a current price of ₦1,047.00 — trading 27.4% above its estimated fair value. The current Change In Inventory is ₦-33,262 Mil. Dangote Cement's overall GF Score™ is 100/100 with 1 warning sign to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Change In Inventory calculated?
Change In Inventory is calculated from a company's financial statements. For Dangote Cement (NSA:DCP), the current Change In Inventory is ₦-33,262 Mil as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.
Is Dangote Cement (NSA:DCP) Overvalued in 2026?
Based on GuruFocus' analysis, Dangote Cement stock appears to be overvalued.
The current stock price of ₦1,047.00 is trading 27.4% above its estimated GF Value™ of ₦821.95.
GuruFocus considers Dangote Cement to be Modestly Overvalued.
Key valuation signals for NSA:DCP:
Change In Inventory: ₦-33,262 Mil
GF Value™: ₦821.95 vs. price of ₦1,047.00 (27.4% above fair value)
No single metric tells the full story. See the NSA:DCP stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Dangote Cement PLC is a cement manufacturer. It manufactures and markets cement and related products through its 'Dangote' brand. The principal activity of the Company and its subsidiaries is to operate plants for the preparation, manufacture and distribution of cement and related products. The Company's production activities are undertaken at Obajana town in Kogi State, Gboko in Benue State and Ibese in Ogun State; all in Nigeria. Its geographical segment includes Nigeria and Pan Africa. The company derives a majority of revenue from Nigeria segment.
100GF Score
Get the complete analysis for NSA:DCP
Change In Inventory is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
NSA:DCP has been successfully added to your 
