MTN Nigeria Communications (NSA:MTNN) Total Inventories: ₦19,441 Mil (As of Mar. 2026)


NSA:MTNN MTN Nigeria Communications PLC NSA:MTNN
85 GF Score
Price ₦830.00
GF Value ₦612.30
Valuation Significantly Overvalued
! 3 Warning Signs
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What is MTN Nigeria Communications Total Inventories?

MTN Nigeria Communications NSA:MTNN 85 Total Inventories is ₦19,441 Mil as of Mar. 2026. GuruFocus rates NSA:MTNN with a GF Score™ of 85/100 and a GF Value™ of ₦612.30 (Significantly Overvalued). The stock has 3 warning signs investors should review.

MTN Nigeria Communications's total inventories for the quarter that ended in Mar. 2026 was ₦19,441 Mil. MTN Nigeria Communications's average total inventories from the quarter that ended in Dec. 2025 to the quarter that ended in Mar. 2026 was ₦21,370 Mil.

In Ben Graham's calculation of Net-Net Working Capital, inventory is only considered worth half of its book value. MTN Nigeria Communications's Net-Net Working Capital per share for the quarter that ended in Mar. 2026 was ₦-188.88.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. MTN Nigeria Communications's Days Inventory for the three months ended in Mar. 2026 was 4.75.

Inventory Turnover measures how fast the company turns over its inventory within a year. MTN Nigeria Communications's Inventory Turnover for the quarter that ended in Mar. 2026 was 19.23.

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


MTN Nigeria Communications  (NSA:MTNN) Total Inventories Explanation

Inventory control is an important part of business operation. If a company does not have enough inventory, it may not be able to meet customers' required delivery time. If it has too much inventory, the cost of holding the inventory can be high.

1. In Ben Graham's calculation of Net-Net Working Capital (NNWC), inventory is only considered worth half of its book value.

MTN Nigeria Communications's Net-Net Working Capital Per Share for the quarter that ended in Mar. 2026 is

Net-Net Working Capital Per Share (Q: Mar. 2026 )
=(Cash And Cash Equivalents+0.75 * Accounts Receivable+0.5 * Total Inventories-Total Liabilities
-Preferred Stock-Minority Interest)/Shares Outstanding (EOP)
=(871123+0.75 * 138231+0.5 * 19441-4945253
-0-0)/20970.117
=-188.88

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

MTN Nigeria Communications'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
=21369.5/410951*365 / 4
=4.75

3. Inventory Turnover measures how fast the company turns over its inventory within a year.

MTN Nigeria Communications's Inventory Turnover for the quarter that ended in Mar. 2026 is calculated as

Inventory Turnover=Cost of Goods Sold (Q: Mar. 2026 ) / Average Total Inventories (Q: Mar. 2026 )
=410951 / 21369.5
=19.23

4. 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 Nigeria Communications'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 )
=21369.5 / 1498321
=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

Manufacturers with durable competitive advantages have the advantage that the products they sell do not change, and therefore will never become obsolete. Buffett likes this advantage.

When identifying manufacturers with durable competitive advantage, look for inventory and net earnings that rise correspondingly. This indicates that the company is finding profitable ways to increase sales which called for an increase in inventory.

Manufacturers with inventories that spike up and down are indicative of competitive industries subject to boom and bust.


MTN Nigeria Communications Total Inventories Related Terms


MTN Nigeria Communications Total Inventories Historical Data

* Premium members only.

The historical data trend for MTN Nigeria Communications's Total Inventories 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.

MTN Nigeria Communications Total Inventories Chart

MTN Nigeria Communications Annual Data
Trend Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Total Inventories
Get a 7-Day Free Trial 5,310.00 3,678.00 6,027.00 6,971.00 23,298.00

MTN Nigeria Communications Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Total Inventories 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 7,239.00 12,513.00 16,645.00 23,298.00 19,441.00
NSA:MTNN
85GF Score
MTN Nigeria Communications PLC NSA:MTNN
Total Inventories is just one metric. See GF Score™, valuation, warning signs, and more.
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MTN Nigeria Communications Total Inventories Calculation

Total Inventories includes the raw materials, work-in-process goods and completely finished goods of a company. It is a portion of a company's current assets.

Frequently Asked Questions Learn more about Total Inventories →
What does a Total Inventories of ₦19,441 Mil mean?
MTN Nigeria Communications (NSA:MTNN) has a Total Inventories of ₦19,441 Mil as of Mar. 2026. The total amount of inventory as recorded on a company's balance sheet. View historical data for MTN Nigeria Communications and its competitors.
Is MTN Nigeria Communications' Total Inventories too high?
MTN Nigeria Communications' current Total Inventories is ₦19,441 Mil. Overall, MTN Nigeria Communications has a GF Score™ of 85/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does MTN Nigeria Communications' Total Inventories compare to TMUS and VZ?
MTN Nigeria Communications' Total Inventories of ₦19,441 Mil 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 Total Inventories for a Telecommunication Services company?
A good Total Inventories depends on the Telecommunication Services industry context. However, Total Inventories 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 Total Inventories mean?
A high Total Inventories can signal that a stock is expensive relative to its fundamentals. The total amount of inventory as recorded on a company's balance sheet. View historical data for MTN Nigeria Communications and its competitors. MTN Nigeria Communications's current Total Inventories is ₦19,441 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is MTN Nigeria Communications stock overvalued right now?
Based on GuruFocus' analysis, MTN Nigeria Communications (NSA:MTNN) is currently considered Significantly Overvalued. The stock's GF Value™ is ₦612.30, compared to a current price of ₦830.00 — trading 35.6% above its estimated fair value. The current Total Inventories is ₦19,441 Mil. MTN Nigeria Communications' overall GF Score™ is 85/100 with 3 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Total Inventories calculated?
Total Inventories is calculated from a company's financial statements. For MTN Nigeria Communications (NSA:MTNN), the current Total Inventories is ₦19,441 Mil 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 Nigeria Communications (NSA:MTNN) Overvalued in 2026?

Based on GuruFocus' analysis, MTN Nigeria Communications stock appears to be overvalued. The current stock price of ₦830.00 is trading 35.6% above its estimated GF Value™ of ₦612.30. GuruFocus considers MTN Nigeria Communications to be Significantly Overvalued.

Key valuation signals for NSA:MTNN:

  • Total Inventories: ₦19,441 Mil
  • GF Value™: ₦612.30 vs. price of ₦830.00 (35.6% above fair value)
  • GF Score™: 85/100 with 3 warning signs

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


MTN Nigeria Communications Business Description

Address 4 Aromire Road, Off Alfred Rewane, Ikoyi, Lagos, NGA
MTN Nigeria Communications PLC is a provider of communications services. The principal activities of the company are the provision of broadband fixed wireless access service, mobile broadband solutions, and fibre-to-the-home connectivity. The group operates in three reportable segments, namely, Consumer Business Unit (CBU), which consists of subscribers sitting in value propositions and tariff plans for Youth, High Value, and Mass segments, Enterprise Business Unit (EBU), which consists of small and medium organizations to whom the services are provided, and Wholesale Business Unit (WBU), which serves customers who buy MTN telecom products. The majority of the revenue is generated from the CBU segment.
85GF Score

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

₦830.00
Price
₦612.30
GF Value