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MTN Ghana (XGHA:MTNGH) Days Inventory : 9.51 (As of Mar. 2024)


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What is MTN Ghana Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). MTN Ghana's Average Total Inventories for the three months ended in Mar. 2024 was GHS70 Mil. MTN Ghana's Cost of Goods Sold for the three months ended in Mar. 2024 was GHS676 Mil. Hence, MTN Ghana's Days Inventory for the three months ended in Mar. 2024 was 9.51.

The historical rank and industry rank for MTN Ghana's Days Inventory or its related term are showing as below:

XGHA:MTNGH' s Days Inventory Range Over the Past 10 Years
Min: 4.11   Med: 6.25   Max: 11.6
Current: 9.39

During the past 7 years, MTN Ghana's highest Days Inventory was 11.60. The lowest was 4.11. And the median was 6.25.

XGHA:MTNGH's Days Inventory is ranked better than
74.58% of 295 companies
in the Telecommunication Services industry
Industry Median: 19.16 vs XGHA:MTNGH: 9.39

MTN Ghana's Days Inventory increased from Mar. 2023 (5.44) to Mar. 2024 (9.51). It might indicate that MTN Ghana's sales slowed down.

Inventory Turnover measures how fast the company turns over its inventory within a year. MTN Ghana's Inventory Turnover for the three months ended in Mar. 2024 was 9.60.

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 Ghana's Inventory-to-Revenue for the three months ended in Mar. 2024 was 0.02.


MTN Ghana Days Inventory Historical Data

The historical data trend for MTN Ghana'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.

* Premium members only.

MTN Ghana Days Inventory Chart

MTN Ghana Annual Data
Trend Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Days Inventory
Get a 7-Day Free Trial 4.73 11.60 11.30 5.07 7.58

MTN Ghana Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Days 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 5.44 6.61 12.66 10.69 9.51

Competitive Comparison of MTN Ghana's Days Inventory

For the Telecom Services subindustry, MTN Ghana'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.


MTN Ghana's Days Inventory Distribution in the Telecommunication Services Industry

For the Telecommunication Services industry and Communication Services sector, MTN Ghana's Days Inventory distribution charts can be found below:

* The bar in red indicates where MTN Ghana's Days Inventory falls into.



MTN Ghana Days Inventory Calculation

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

MTN Ghana's Days Inventory for the fiscal year that ended in Dec. 2023 is calculated as

Days Inventory (A: Dec. 2023 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (A: Dec. 2022 ) + Total Inventories (A: Dec. 2023 )) / count ) / Cost of Goods Sold (A: Dec. 2023 )*Days in Period
=( (13.749 + 80.998) / 2 ) / 2280.41*365
=47.3735 / 2280.41*365
=7.58

MTN Ghana's Days Inventory for the quarter that ended in Mar. 2024 is calculated as:

Days Inventory (Q: Mar. 2024 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (Q: Dec. 2023 ) + Total Inventories (Q: Mar. 2024 )) / count ) / Cost of Goods Sold (Q: Mar. 2024 )*Days in Period
=( (80.998 + 59.818) / 2 ) / 675.9*365 / 4
=70.408 / 675.9*365 / 4
=9.51

* 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 Ghana  (XGHA:MTNGH) 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.

MTN Ghana's Inventory Turnover for the three months ended in Mar. 2024 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.

MTN Ghana's Inventory to Revenue for the three months ended in Mar. 2024 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.


MTN Ghana Days Inventory Related Terms

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


MTN Ghana (XGHA:MTNGH) Business Description

Traded in Other Exchanges
N/A
Address
MTN House, Independence Avenue, West Ridge, Accra, GHA
MTN Ghana is a Ghana-based company that Provides mobile financial services in the financial services industry. Develop strategic partnerships to provide advanced services in the mobile financial service industry; and Provide consultancy and support services in the area of mobile banking, payment services, and fintech.

MTN Ghana (XGHA:MTNGH) Headlines

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