AARTY (Airtel Africa) Inventory Turnover: 28.81 (As of Mar. 2026)


AARTY Airtel Africa PLC AARTY
55 GF Score
Price $45.37
Valuation Significantly Overvalued
! 3 Warning Signs
View Full Analysis

What is Airtel Africa Inventory Turnover?

Airtel Africa AARTY 55 Inventory Turnover is 28.81 as of Mar. 2026. GuruFocus rates AARTY with a GF Score™ of 55/100 (Significantly Overvalued). The stock has 3 warning signs investors should review.

Inventory Turnover measures how fast the company turns over its inventory within a year. It is calculated as Cost of Goods Sold divided by Total Inventories. Airtel Africa's Cost of Goods Sold for the three months ended in Mar. 2026 was $461 Mil. Airtel Africa's Average Total Inventories for the quarter that ended in Mar. 2026 was $16 Mil. Airtel Africa's Inventory Turnover for the quarter that ended in Mar. 2026 was 28.81.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Airtel Africa's Days Inventory for the three months ended in Mar. 2026 was 3.17.

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. Airtel Africa's Inventory-to-Revenue for the quarter that ended in Mar. 2026 was 0.01.

Airtel Africa  (OTCPK:AARTY) Inventory Turnover Explanation

Inventory Turnover measures how fast the company turns over its inventory within a year. A higher Inventory Turnover means the company has light inventory. Therefore the company spends less money on storage, write downs, and obsolete inventory. If the inventory is too light, it may affect sales because the company may not have enough to meet demand.

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

Airtel Africa's Days Inventory for the three months ended in Mar. 2026 is calculated as:

Days Inventory =Average Total Inventories (Q: Mar. 2026 )/Cost of Goods Sold (Q: Mar. 2026 )*Days in Period
=16/461*365 / 4
=3.17

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.

Airtel Africa's Inventory to Revenue for the quarter that ended in Mar. 2026 is calculated as

Inventory-to-Revenue=Average Total Inventories (Q: Mar. 2026 ) / Revenue (Q: Mar. 2026 )
=16 / 1748
=0.01

* 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

Usually retailers pile up their inventories at holiday seasons to meet the stronger demand. Therefore, the inventory of a particular quarter of a year should not be used to calculate Inventory Turnover. An average inventory is a better indication.

Airtel Africa Inventory Turnover Related Terms

Airtel Africa Inventory Turnover Historical Data

* Premium members only.

The historical data trend for Airtel Africa's Inventory Turnover 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.

Airtel Africa Inventory Turnover Chart

Airtel Africa Annual Data
Trend Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
Inventory Turnover
Get a 7-Day Free Trial Premium Member Only Premium Member Only 342.20 186.44 72.39 65.47 99.26

Airtel Africa Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Inventory Turnover 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 17.42 24.48 32.00 30.34 28.81
AARTY
55GF Score
Airtel Africa PLC AARTY
Inventory Turnover is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Airtel Africa Inventory Turnover Calculation

Airtel Africa's Inventory Turnover for the fiscal year that ended in Mar. 2026 is calculated as

Inventory Turnover (A: Mar. 2026 )
=Cost of Goods Sold / Average Total Inventories
=Cost of Goods Sold (A: Mar. 2026 ) / ((Total Inventories (A: Mar. 2025 ) + Total Inventories (A: Mar. 2026 )) / count )
=1737 / ((19 + 16) / 2 )
=1737 / 17.5
=99.26

Airtel Africa's Inventory Turnover for the quarter that ended in Mar. 2026 is calculated as

Inventory Turnover (Q: Mar. 2026 )
=Cost of Goods Sold / Average Total Inventories
=Cost of Goods Sold (Q: Mar. 2026 ) / ((Total Inventories (Q: Dec. 2025 ) + Total Inventories (Q: Mar. 2026 )) / count )
=461 / ((16 + 16) / 2 )
=461 / 16
=28.81

* 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 Inventory Turnover →
What does a Inventory Turnover of 28.81 mean?
Airtel Africa (AARTY) has a Inventory Turnover of 28.81 as of Mar. 2026. Inventory turnover equals current-period cost of goods sold divided by average two-period total inventories. View historical data on Airtel Africa and its competitors.
Is Airtel Africa's Inventory Turnover too high?
Airtel Africa's current Inventory Turnover is 28.81. Overall, Airtel Africa has a GF Score™ of 55/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Airtel Africa's Inventory Turnover compare to TMUS and VZ?
Airtel Africa's Inventory Turnover of 28.81 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 Inventory Turnover for a Telecommunication Services company?
A good Inventory Turnover depends on the Telecommunication Services industry context. However, Inventory Turnover 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 Inventory Turnover mean?
A high Inventory Turnover can signal that a stock is expensive relative to its fundamentals. Inventory turnover equals current-period cost of goods sold divided by average two-period total inventories. View historical data on Airtel Africa and its competitors. Airtel Africa's current Inventory Turnover is 28.81. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Airtel Africa stock overvalued right now?
Based on GuruFocus' analysis, Airtel Africa (AARTY) is currently considered Significantly Overvalued. The current Inventory Turnover is 28.81. Airtel Africa's overall GF Score™ is 55/100 with 3 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Inventory Turnover calculated?
Inventory Turnover is calculated from a company's financial statements. For Airtel Africa (AARTY), the current Inventory Turnover is 28.81 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.

Airtel Africa Business Description

Address 15 Davies Street, London, GBR, W1K 3DE
Airtel Africa PLC is a telecoms and financial services provider transforming lives across the continent through increased digital and financial inclusion. The principal activities of the Group mainly consist of the provision of telecommunications and mobile money services. Its services include Voice, Data, Mobile money, Enterprise, and Data centers. The Group's operating segments are Nigeria mobile services, East Africa mobile services, Francophone Africa mobile services, and Mobile money. It generates maximum revenue from East Africa mobile services, comprising mobile service operations in Uganda, Kenya, Zambia, Tanzania, Malawi, and Rwanda.
55GF Score

Get the complete analysis for AARTY

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

$45.37
Price