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HBM NigeriaNSA:HBMNG 78 Days Inventory is 78.55 as of Mar. 2026, which is 15% below its 10-year median of 92.37. GuruFocus rates NSA:HBMNG with a GF Score™ of 78/100 and a GF Value™ of ₦128.48 (Significantly Overvalued). The stock has 5 warning signs investors should review. Among 392 Building Materials companies, HBM Nigeria ranks better than 50% on this metric.
Days Inventory is also known as Days Sales of Inventory (DSI). HBM Nigeria's Average Total Inventories for the
three
months ended in Mar. 2026 was ₦111,377 Mil. HBM Nigeria's Cost of Goods Sold for the
three
months ended in Mar. 2026 was ₦129,392 Mil.
Hence, HBM Nigeria's Days Inventory for the
three
months ended in Mar. 2026 was 78.55.
The historical rank and industry rank for HBM Nigeria's Days Inventory or its related term are showing as below:
NSA:HBMNG'
s Days Inventory Range Over the Past 10 Years
Min: 75.32 Med: 92.37 Max: 127.67
Current: 90.06
During the past 13 years, HBM Nigeria's highest Days Inventory was 127.67. The lowest was 75.32. And the median was 92.37.
NSA:HBMNG's Days Inventory is ranked better than 50% of 392
companies
in the Building Materials industry
Industry Median: 90.21
vs NSA:HBMNG: 90.06
HBM Nigeria's Days Inventory
increased
from Mar. 2025 (75.43) to Mar. 2026 (78.55).
It might indicate that HBM Nigeria's sales slowed down.
Inventory Turnover measures how fast the company turns over its inventory within a year.
HBM Nigeria's Inventory Turnover for the
three
months ended in Mar. 2026 was 1.16.
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.
HBM Nigeria's Inventory-to-Revenue for the
three
months ended in Mar. 2026 was 0.33.
HBM Nigeria (NSA:HBMNG) Days Inventory Explanation
Days Inventory indicates the liquidity of the inventory. Generally, a lower Days Inventory is preferred as it indicates a shorter duration to clear off the inventory. An increase of the ratio may indicate the company's sales slowed. Similar ratios related to Days Inventory are:
1. Inventory Turnover measures how fast the company turns over its inventory within a year.
HBM Nigeria's Inventory Turnover for the
three
months ended in Mar. 2026 is calculated as
2. 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.
HBM Nigeria's Inventory to Revenue for the
three
months 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.
Be Aware
A lot of business are seasonable. It makes more sense to compare Days Inventory from the same period in the previous year instead of from the previous quarter.
HBM Nigeria Days Inventory Related Terms
HBM Nigeria Days Inventory Historical Data
* Premium members only.
The historical data trend for HBM Nigeria's Days 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.
NSA:HBMNG vs CRH, VMC, MLM: Days Inventory Comparison
For the Building Materials subindustry, HBM Nigeria's Days Inventory, along with its competitors' market caps and Days Inventory 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.
HBM Nigeria Days Inventory vs Building Materials Industry
For the Building Materials industry and Basic Materials sector, HBM Nigeria's Days Inventory distribution charts can be found below:
* The bar in red indicates where HBM Nigeria's Days Inventory falls into.
* 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.
HBM Nigeria (NSA:HBMNG) has a Days Inventory of 78.55 as of Mar. 2026. Days inventory represents the average amount of days a company holds inventory before selling it. View historical data on HBM Nigeria and its competitors. This is 15% below median its historical median of 92.37. Over the past decade, HBM Nigeria's Days Inventory has ranged from 75.32 to 127.67. According to the industry distribution chart, HBM Nigeria ranks #196 out of 392 companies in the Building Materials industry, placing it in the top 50%.
Is HBM Nigeria's Days Inventory too high?
HBM Nigeria's current Days Inventory of 78.55 is 15% below median its 10-year median of 92.37. Over the past 10 years, this metric has ranged from a low of 75.32 to a high of 127.67. The Building Materials industry median Days Inventory is 90.21. HBM Nigeria's value of 78.55 is 12.9% below this industry median. Based on the distribution chart, HBM Nigeria ranks #196 out of 392 companies in the Building Materials industry, which is above the industry midpoint. Overall, HBM Nigeria has a GF Score™ of 78/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does HBM Nigeria's Days Inventory compare to CRH and VMC?
According to the Building Materials industry distribution chart, HBM Nigeria ranks #196 out of 392 companies for Days Inventory. This puts HBM Nigeria in the upper half of its industry. The industry median Days Inventory is 90.21. HBM Nigeria's value of 78.55 is 12.9% below this benchmark. Historically, HBM Nigeria's own Days Inventory has ranged from 75.32 to 127.67 over the past decade. While the company's 10-year median is 92.37 vs. the industry median of 90.21, HBM Nigeria has consistently been below the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Days Inventory for a Building Materials company?
The median Days Inventory among Building Materials companies is 90.21, based on 392 companies in the industry. Companies in the top quartile (top 25%) have a Days Inventory significantly above this median, while those in the bottom quartile fall well below. However, Days Inventory should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. HBM Nigeria's current Days Inventory of 78.55 is 12.9% below the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Days Inventory mean?
A high Days Inventory can signal that a stock is expensive relative to its fundamentals. Days inventory represents the average amount of days a company holds inventory before selling it. View historical data on HBM Nigeria and its competitors. For the Building Materials industry, the median Days Inventory is 90.21 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. HBM Nigeria's current Days Inventory is 78.55, which is 15% below median its own 10-year median of 92.37. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is HBM Nigeria stock overvalued right now?
Based on GuruFocus' analysis, HBM Nigeria (NSA:HBMNG) is currently considered Significantly Overvalued. The stock's GF Value™ is ₦128.48, compared to a current price of ₦335.00 — trading 160.7% above its estimated fair value. The current Days Inventory is 78.55, which is 15% below median its 10-year median of 92.37 and 12.9% below the Building Materials industry median of 90.21. HBM Nigeria's overall GF Score™ is 78/100 with 5 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Days Inventory calculated?
Days Inventory is calculated from a company's financial statements. For HBM Nigeria (NSA:HBMNG), the current Days Inventory is 78.55 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 HBM Nigeria (NSA:HBMNG) Overvalued in 2026?
Based on GuruFocus' analysis, HBM Nigeria stock appears to be overvalued.
The current stock price of ₦335.00 is trading 160.7% above its estimated GF Value™ of ₦128.48.
GuruFocus considers HBM Nigeria to be Significantly Overvalued.
Key valuation signals for NSA:HBMNG:
Days Inventory: 78.55 (15% below median its 10-year median of 92.37)
GF Value™: ₦128.48 vs. price of ₦335.00 (160.7% above fair value)
Industry Position: 12.9% below the Building Materials median (#196 of 392)
No single metric tells the full story. See the NSA:HBMNG stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Lafarge Africa PLC through its subsidiaries is engaged in manufacturing and marketing of cement, concrete, and aggregates products, including the provision of building solutions. The brands in products portfolio of the company includes ECOPlanet Unicem, Elephant cement, ThermoSet, Watershield, Powermax, and Supaset cement among others. It has two segments Cement & Readymix products. The majority of the revenue is generated from the cement segment.
78GF Score
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