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MTN GhanaXGHA:MTNGH -0.14%100 Days Inventory is 5.01 as of Mar. 2026, which is 20% below its 10-year median of 6.25. GuruFocus rates XGHA:MTNGH with a GF Score™ of 100/100 and a GF Value™ of GHS4.28 (Significantly Overvalued). The stock has 6 warning signs investors should review. Among 295 Telecommunication Services companies, MTN Ghana ranks better than 84.07% on this metric.
Days Inventory is also known as Days Sales of Inventory (DSI). MTN Ghana's Average Total Inventories for the
three
months ended in Mar. 2026 was GHS37 Mil. MTN Ghana's Cost of Goods Sold for the
three
months ended in Mar. 2026 was GHS672 Mil.
Hence, MTN Ghana's Days Inventory for the
three
months ended in Mar. 2026 was 5.01.
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: 5.85
During the past 9 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 84.07% of 295
companies
in the Telecommunication Services industry
Industry Median: 18.72
vs XGHA:MTNGH: 5.85
MTN Ghana's Days Inventory
declined
from Mar. 2025 (6.33) to Mar. 2026 (5.01).
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. 2026 was 18.20.
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. 2026 was 0.01.
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. 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.
MTN Ghana'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.
MTN Ghana Days Inventory Related Terms
MTN Ghana Days Inventory Historical Data
* Premium members only.
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.
XGHA:MTNGH vs VZ, TMUS, T: Days Inventory Comparison
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 Days Inventory vs 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.
* 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) has a Days Inventory of 5.01 as of Mar. 2026. Days inventory represents the average amount of days a company holds inventory before selling it. View historical data on MTN Ghana and its competitors. This is 20% below median its historical median of 6.25. Over the past decade, MTN Ghana's Days Inventory has ranged from 4.11 to 11.60. According to the industry distribution chart, MTN Ghana ranks #47 out of 295 companies in the Telecommunication Services industry, placing it in the top 15.9%.
Is MTN Ghana's Days Inventory too high?
MTN Ghana's current Days Inventory of 5.01 is 20% below median its 10-year median of 6.25. Over the past 10 years, this metric has ranged from a low of 4.11 to a high of 11.60. The Telecommunication Services industry median Days Inventory is 18.72. MTN Ghana's value of 5.01 is 73.2% below this industry median. Based on the distribution chart, MTN Ghana ranks #47 out of 295 companies in the Telecommunication Services industry, which is in the top quartile — a strong position relative to peers. Overall, MTN Ghana has a GF Score™ of 100/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does MTN Ghana's Days Inventory compare to VZ and TMUS?
According to the Telecommunication Services industry distribution chart, MTN Ghana ranks #47 out of 295 companies for Days Inventory. This places MTN Ghana in the top 16% of its industry — outperforming the majority of peers. The industry median Days Inventory is 18.72. MTN Ghana's value of 5.01 is 73.2% below this benchmark. Historically, MTN Ghana's own Days Inventory has ranged from 4.11 to 11.60 over the past decade. While the company's 10-year median is 6.25 vs. the industry median of 18.72, MTN Ghana 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 Telecommunication Services company?
The median Days Inventory among Telecommunication Services companies is 18.72, based on 295 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. MTN Ghana's current Days Inventory of 5.01 is 73.2% 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 MTN Ghana and its competitors. For the Telecommunication Services industry, the median Days Inventory is 18.72 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. MTN Ghana's current Days Inventory is 5.01, which is 20% below median its own 10-year median of 6.25. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is MTN Ghana stock overvalued right now?
Based on GuruFocus' analysis, MTN Ghana (XGHA:MTNGH) is currently considered Significantly Overvalued. The stock's GF Value™ is GHS4.28, compared to a current price of GHS7.00 — trading 63.6% above its estimated fair value. The current Days Inventory is 5.01, which is 20% below median its 10-year median of 6.25 and 73.2% below the Telecommunication Services industry median of 18.72. MTN Ghana's overall GF Score™ is 100/100 with 6 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 MTN Ghana (XGHA:MTNGH), the current Days Inventory is 5.01 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 MTN Ghana (XGHA:MTNGH) Overvalued in 2026?
Based on GuruFocus' analysis, MTN Ghana stock appears to be overvalued.
The current stock price of GHS7.00 is trading 63.6% above its estimated GF Value™ of GHS4.28.
GuruFocus considers MTN Ghana to be Significantly Overvalued.
Key valuation signals for XGHA:MTNGH:
Days Inventory: 5.01 (20% below median its 10-year median of 6.25)
GF Value™: GHS4.28 vs. price of GHS7.00 (63.6% above fair value)
Industry Position: 73.2% below the Telecommunication Services median (#47 of 295)
No single metric tells the full story. See the XGHA:MTNGH stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
MTN Ghana is a Ghana-based company that provides mobile financial services in the financial services industry. The principal activities are the provision of telecommunication services including voice, data, and enterprise solutions, mobile financial services, the development of strategic partnerships to provide developed services, and the provision of consultancy and support services in the mobile banking, payment services and fintech space. The company has four reportable segments, namely Network services, Interconnect and roaming, Digital and Fintech, and devices and accessories, out of which it derives maximum revenue from Network services.
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