Dangote Sugar Refinery (NSA:DSRP) Inventory Turnover: 3.77 (As of Dec. 2025)

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

NSA:DSRP Dangote Sugar Refinery PLC NSA:DSRP
65 GF Score
Price ₦72.95
GF Value ₦80.10
Valuation Fairly Valued
! 9 Warning Signs
View Full Analysis

What is Dangote Sugar Refinery Inventory Turnover?

Dangote Sugar Refinery NSA:DSRP +1.32% 65 Inventory Turnover is 3.77 as of Dec. 2025. GuruFocus rates NSA:DSRP with a GF Score™ of 65/100 and a GF Value™ of ₦80.10 (Fairly Valued). The stock has 9 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. Dangote Sugar Refinery's Cost of Goods Sold for the six months ended in Dec. 2025 was ₦706,586 Mil. Dangote Sugar Refinery's Average Total Inventories for the quarter that ended in Dec. 2025 was ₦187,449 Mil. Dangote Sugar Refinery's Inventory Turnover for the quarter that ended in Dec. 2025 was 3.77.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Dangote Sugar Refinery's Days Inventory for the six months ended in Dec. 2025 was 48.41.

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. Dangote Sugar Refinery's Inventory-to-Revenue for the quarter that ended in Dec. 2025 was 0.23.


Dangote Sugar Refinery  (NSA:DSRP) 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.

Dangote Sugar Refinery's Days Inventory for the six months ended in Dec. 2025 is calculated as:

Days Inventory =Average Total Inventories (Q: Dec. 2025 )/Cost of Goods Sold (Q: Dec. 2025 )*Days in Period
=187448.533/706586.072*365 / 2
=48.41

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.

Dangote Sugar Refinery's Inventory to Revenue for the quarter that ended in Dec. 2025 is calculated as

Inventory-to-Revenue=Average Total Inventories (Q: Dec. 2025 ) / Revenue (Q: Dec. 2025 )
=187448.533 / 829214.876
=0.23

* 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.


Dangote Sugar Refinery Inventory Turnover Related Terms


Dangote Sugar Refinery Inventory Turnover Historical Data

* Premium members only.

The historical data trend for Dangote Sugar Refinery'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.

Dangote Sugar Refinery Inventory Turnover Chart

Dangote Sugar Refinery Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Inventory Turnover
Get a 7-Day Free Trial Premium Member Only Premium Member Only 3.53 5.57 6.25 4.86 3.77

Dangote Sugar Refinery Semi-Annual Data
Dec08 Dec09 Dec10 Dec11 Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
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 3.53 5.57 6.25 4.86 3.77
NSA:DSRP
65GF Score
Dangote Sugar Refinery PLC NSA:DSRP
Inventory Turnover is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Dangote Sugar Refinery Inventory Turnover Calculation

Dangote Sugar Refinery's Inventory Turnover for the fiscal year that ended in Dec. 2025 is calculated as

Inventory Turnover (A: Dec. 2025 )
=Cost of Goods Sold / Average Total Inventories
=Cost of Goods Sold (A: Dec. 2025 ) / ((Total Inventories (A: Dec. 2024 ) + Total Inventories (A: Dec. 2025 )) / count )
=706586.072 / ((199014.48 + 175882.586) / 2 )
=706586.072 / 187448.533
=3.77

Dangote Sugar Refinery's Inventory Turnover for the quarter that ended in Dec. 2025 is calculated as

Inventory Turnover (Q: Dec. 2025 )
=Cost of Goods Sold / Average Total Inventories
=Cost of Goods Sold (Q: Dec. 2025 ) / ((Total Inventories (Q: Dec. 2024 ) + Total Inventories (Q: Dec. 2025 )) / count )
=706586.072 / ((199014.48 + 175882.586) / 2 )
=706586.072 / 187448.533
=3.77

* 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 3.77 mean?
Dangote Sugar Refinery (NSA:DSRP) has a Inventory Turnover of 3.77 as of Dec. 2025. Inventory turnover equals current-period cost of goods sold divided by average two-period total inventories. View historical data on Dangote Sugar Refinery and its competitors.
Is Dangote Sugar Refinery's Inventory Turnover too high?
Dangote Sugar Refinery's current Inventory Turnover is 3.77. Overall, Dangote Sugar Refinery has a GF Score™ of 65/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Dangote Sugar Refinery's Inventory Turnover compare to MDLZ and HSY?
Dangote Sugar Refinery's Inventory Turnover of 3.77 can be compared against companies in the Consumer Packaged Goods 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 Consumer Packaged Goods company?
A good Inventory Turnover depends on the Consumer Packaged Goods 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 Dangote Sugar Refinery and its competitors. Dangote Sugar Refinery's current Inventory Turnover is 3.77. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Dangote Sugar Refinery stock overvalued right now?
Based on GuruFocus' analysis, Dangote Sugar Refinery (NSA:DSRP) is currently considered Fairly Valued. The stock's GF Value™ is ₦80.10, compared to a current price of ₦72.95 — trading 8.9% below its estimated fair value. The current Inventory Turnover is 3.77. Dangote Sugar Refinery's overall GF Score™ is 65/100 with 9 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 Dangote Sugar Refinery (NSA:DSRP), the current Inventory Turnover is 3.77 as of Dec. 2025. 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 Dangote Sugar Refinery (NSA:DSRP) Overvalued in 2026?

Based on GuruFocus' analysis, Dangote Sugar Refinery stock appears to be undervalued. The current stock price of ₦72.95 is trading 8.9% below its estimated GF Value™ of ₦80.10. GuruFocus considers Dangote Sugar Refinery to be Fairly Valued.

Key valuation signals for NSA:DSRP:

  • Inventory Turnover: 3.77
  • GF Value™: ₦80.10 vs. price of ₦72.95 (8.9% below fair value)
  • GF Score™: 65/100 with 9 warning signs

No single metric tells the full story. See the NSA:DSRP stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Dangote Sugar Refinery Business Description

Address Terminal E, Shed 20, 3rd Floor, GDNL Building, NPA Wharf Port Complex, Apapa, Lagos, NGA
Dangote Sugar Refinery PLC is engaged in refining raw sugar to produce fortified and non-fortified granulated white sugar. The company distributes refined white sugar to consumers and industrial customers in Nigeria. The company is also engaged in the cultivation and milling of sugar cane to finished sugar. Its geographical segments include Northern Nigeria, Western Nigeria, Eastern Nigeria, and Lagos. The company derives a majority of its revenue from the Lagos region.
65GF Score

Get the complete analysis for NSA:DSRP

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

₦72.95
Price
₦80.10
GF Value