MTN Nigeria Communications (NSA:MTNN) Change In Inventory : ₦-2,351 Mil (TTM As of Mar. 2024)

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What is MTN Nigeria Communications Change In Inventory?

MTN Nigeria Communications's change in inventory for the quarter that ended in Mar. 2024 was ₦4,736 Mil. It means MTN Nigeria Communications's inventory declined by ₦4,736 Mil from Dec. 2023 to Mar. 2024 .

MTN Nigeria Communications's change in inventory for the fiscal year that ended in Dec. 2023 was ₦-3,402 Mil. It means MTN Nigeria Communications's inventory increased by ₦3,402 Mil from Dec. 2022 to Dec. 2023 .

MTN Nigeria Communications's Total Inventories for the quarter that ended in Mar. 2024 was ₦5,573 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 Mar. 2024 was 1.59.

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 Mar. 2024 was 57.23.

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 Mar. 2024 was 0.01.

MTN Nigeria Communications Change In Inventory Historical Data

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.

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MTN Nigeria Communications Change In Inventory Chart

MTN Nigeria Communications Annual Data

Trend

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Change In Inventory

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1,978.00

-3,733.00

-1,156.00

-4,257.00

-3,402.00

MTN Nigeria Communications Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Change In Inventory	Get a 7-Day Free Trial															3,685.00	-96.00	-7,708.00	717.00	4,736.00

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 Mar. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was ₦-2,351 Mil.

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
	=	5800	/	331910	*	365 / 4
	=	1.59

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 Mar. 2024 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	331910	/	5800
	=	57.23

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 Mar. 2024 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	5800	/	750471
	=	0.01

MTN Nigeria Communications Change In Inventory Related Terms

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MTN Nigeria Communications (NSA:MTNN) Business Description

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Address

4 Aromire Road, Off Alfred Rewane, Ikoyi, Lagos, NGA

Website

https://www.mtnonline.com

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, high-quality telecommunications services, and mobile financial services in Nigeria. 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) consists of small and medium organizations to whom the services are provided, and Wholesale Business Unit (WBU) serves customers who buy MTN telecom products. The majority of the revenue is generated from the CBU segment.

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