Dangote Cement (NSA:DCP) Receivables Turnover : 26.06 (As of Mar. 2025)

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What is Dangote Cement Receivables Turnover?

The Receivables Turnover ratio measures the number of times a company collects its average accounts receivable balance. It is calculated as Revenue divided by average Accounts Receivable. An efficient company has a higher accounts receivable turnover ratio while an inefficient company has a lower ratio. Dangote Cement's Revenue for the three months ended in Mar. 2025 was ₦994,659 Mil. Dangote Cement's average Accounts Receivable for the three months ended in Mar. 2025 was ₦38,169 Mil. Hence, Dangote Cement's Receivables Turnover for the three months ended in Mar. 2025 was 26.06.

Dangote Cement Receivables Turnover Historical Data

The historical data trend for Dangote Cement's Receivables 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.

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Dangote Cement Receivables Turnover Chart

Dangote Cement Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

Receivables Turnover

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76.68

103.02

118.59

110.99

115.70

Dangote Cement Quarterly Data
	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24	Dec24	Mar25
Receivables Turnover	Get a 7-Day Free Trial															30.81	29.04	19.53	24.99	26.06

Competitive Comparison of Dangote Cement's Receivables Turnover

For the Building Materials subindustry, Dangote Cement's Receivables Turnover, along with its competitors' market caps and Receivables Turnover 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.

Dangote Cement's Receivables Turnover Distribution in the Building Materials Industry

For the Building Materials industry and Basic Materials sector, Dangote Cement's Receivables Turnover distribution charts can be found below:

* The bar in red indicates where Dangote Cement's Receivables Turnover falls into.

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Dangote Cement Receivables Turnover Calculation

Receivables Turnover measures the number of times a company collects its average accounts receivable balance.

Dangote Cement's Receivables Turnover for the fiscal year that ended in Dec. 2024 is calculated as

	Receivables Turnover (A: Dec. 2024 )
=	Revenue	/	Average Total Inventories
=	Revenue (A: Dec. 2024 )	/ (	(Accounts Receivable (A: Dec. 2023 )	+	Accounts Receivable (A: Dec. 2024 ))	/	count )
=	3580550	/ (	(25206	+	36688)	/	2 )
=	3580550	/	30947
=	115.70

Dangote Cement's Receivables Turnover for the quarter that ended in Mar. 2025 is calculated as

	Receivables Turnover (Q: Mar. 2025 )
=	Revenue	/	Average Total Inventories
=	Revenue (Q: Mar. 2025 )	/ (	(Accounts Receivable (Q: Dec. 2024 )	+	Accounts Receivable (Q: Mar. 2025 ))	/	count )
=	994659	/ (	(36688	+	39650)	/	2 )
=	994659	/	38169
=	26.06

Dangote Cement (NSA:DCP) Receivables Turnover Explanation

An efficient company has a higher accounts receivable turnover ratio while an inefficient company has a lower ratio. This metric is commonly used to compare companies within the same industry to check whether they are on par with their competitors.

Dangote Cement Receivables Turnover Related Terms

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Dangote Cement Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Building Materials » Dangote Cement PLC (NSA:DCP) » Definitions » Receivables Turnover

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Traded in Other Exchanges

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Address

1, Alfred Rewane Road, P.O. Box 40032, Falomo, Ikoyi, Union Marble House, Lagos, NGA

Website

http://www.dangotecement.com

Dangote Cement PLC is a Nigerian cement manufacturer. It manufactures and markets cement and related products through its 'Dangote' brand. The principal activity of the Company and its subsidiaries is to operate plants for the preparation, manufacture and distribution of cement and related products. The Company's production activities are undertaken at Obajana town in Kogi State, Gboko in Benue State and Ibese in Ogun State; all in Nigeria. Its geographical segment includes Nigeria and Pan Africa. The company derives a majority of revenue from Nigeria segment.