MTN Nigeria Communications (NSA:MTNN) Change In Inventory: ₦-37,330 Mil (TTM As of Jun. 2026)

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NSA:MTNN MTN Nigeria Communications PLC NSA:MTNN
84 GF Score
Price ₦805.00
GF Value ₦618.21
Valuation Modestly Overvalued
! 3 Warning Signs
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What is MTN Nigeria Communications Change In Inventory?

MTN Nigeria Communications NSA:MTNN 84 Change In Inventory is ₦-37,330 Mil as of Jun. 2026. GuruFocus rates NSA:MTNN with a GF Score™ of 84/100 and a GF Value™ of ₦618.21 (Modestly Overvalued). The stock has 3 warning signs investors should review.

MTN Nigeria Communications's change in inventory for the quarter that ended in Jun. 2026 was ₦-22,906 Mil. It means MTN Nigeria Communications's inventory increased by ₦22,906 Mil from Mar. 2026 to Jun. 2026 .

MTN Nigeria Communications's change in inventory for the fiscal year that ended in Dec. 2025 was ₦-27,361 Mil. It means MTN Nigeria Communications's inventory increased by ₦27,361 Mil from Dec. 2024 to Dec. 2025 .

MTN Nigeria Communications's Total Inventories for the quarter that ended in Jun. 2026 was ₦39,381 Mil.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. MTN Nigeria Communications's Days Inventory for the quarter that ended in Jun. 2026 was 6.91.

Inventory Turnover measures how fast the company turns over its inventory within a year. MTN Nigeria Communications's Inventory Turnover for the quarter that ended in Jun. 2026 was 13.21.

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 Nigeria Communications's Inventory-to-Revenue for the quarter that ended in Jun. 2026 was 0.02.


MTN Nigeria Communications  (NSA:MTNN) Change In Inventory Explanation

1. Days Inventory indicates the number of days of goods in sales that a company has in the inventory.

MTN Nigeria Communications's Days Inventory for the quarter that ended in is calculated as:

Days Inventory=Average Total Inventories/Cost of Goods Sold*Days in Period
=29411/388448*365 / 4
=6.91

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

MTN Nigeria Communications's Inventory Turnover for the quarter that ended in Jun. 2026 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.

MTN Nigeria Communications's Inventory to Revenue for the quarter that ended in Jun. 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.


MTN Nigeria Communications Change In Inventory Related Terms


MTN Nigeria Communications Change In Inventory Historical Data

* Premium members only.

The historical data trend for MTN Nigeria Communications'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.

MTN Nigeria Communications Change In Inventory Chart

MTN Nigeria Communications Annual Data
Trend Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Change In Inventory
Get a 7-Day Free Trial -1,156.00 -4,257.00 -3,402.00 3,281.00 -27,361.00

MTN Nigeria Communications Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
Change In Inventory Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only -6,147.00 -7,561.00 -13,283.00 6,420.00 -22,906.00
NSA:MTNN
84GF Score
MTN Nigeria Communications PLC NSA:MTNN
Change In Inventory is just one metric. See GF Score™, valuation, warning signs, and more.
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MTN Nigeria Communications 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 Jun. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was ₦-37,330 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.

Frequently Asked Questions Learn more about Change In Inventory →
What does a Change In Inventory of ₦-37,330 Mil mean?
MTN Nigeria Communications (NSA:MTNN) has a Change In Inventory of ₦-37,330 Mil as of Jun. 2026. Change in Inventory is the difference between current-period inventory and past-period inventory. View historical data for MTN Nigeria Communications and its competitors.
Is MTN Nigeria Communications' Change In Inventory too high?
MTN Nigeria Communications' current Change In Inventory is ₦-37,330 Mil. Overall, MTN Nigeria Communications has a GF Score™ of 84/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does MTN Nigeria Communications' Change In Inventory compare to VZ and TMUS?
MTN Nigeria Communications' Change In Inventory of ₦-37,330 Mil can be compared against companies in the Telecommunication Services 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 Telecommunication Services company?
A good Change In Inventory depends on the Telecommunication Services 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 MTN Nigeria Communications and its competitors. MTN Nigeria Communications's current Change In Inventory is ₦-37,330 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is MTN Nigeria Communications stock overvalued right now?
Based on GuruFocus' analysis, MTN Nigeria Communications (NSA:MTNN) is currently considered Modestly Overvalued. The stock's GF Value™ is ₦618.21, compared to a current price of ₦805.00 — trading 30.2% above its estimated fair value. The current Change In Inventory is ₦-37,330 Mil. MTN Nigeria Communications' overall GF Score™ is 84/100 with 3 warning signs 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 MTN Nigeria Communications (NSA:MTNN), the current Change In Inventory is ₦-37,330 Mil as of Jun. 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 MTN Nigeria Communications (NSA:MTNN) Overvalued in 2026?

Based on GuruFocus' analysis, MTN Nigeria Communications stock appears to be overvalued. The current stock price of ₦805.00 is trading 30.2% above its estimated GF Value™ of ₦618.21. GuruFocus considers MTN Nigeria Communications to be Modestly Overvalued.

Key valuation signals for NSA:MTNN:

  • Change In Inventory: ₦-37,330 Mil
  • GF Value™: ₦618.21 vs. price of ₦805.00 (30.2% above fair value)
  • GF Score™: 84/100 with 3 warning signs

No single metric tells the full story. See the NSA:MTNN stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


MTN Nigeria Communications Business Description

Address 4 Aromire Road, Off Alfred Rewane, Ikoyi, Lagos, NGA
MTN Nigeria Communications PLC is a provider of communications services. The principal activities of the company are the provision of broadband fixed wireless access service, mobile broadband solutions, and fibre-to-the-home connectivity. The group operates in three reportable segments, namely, Consumer Business Unit (CBU), which consists of subscribers sitting in value propositions and tariff plans for Youth, High Value, and Mass segments, Enterprise Business Unit (EBU), which consists of small and medium organizations to whom the services are provided, and Wholesale Business Unit (WBU), which serves customers who buy MTN telecom products. The majority of the revenue is generated from the CBU segment.
84GF Score

Get the complete analysis for NSA:MTNN

Change In Inventory is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

₦805.00
Price
₦618.21
GF Value