Dangote Cement (NSA:DCP) Receivables Turnover: 22.71 (As of Mar. 2026)


NSA:DCP Dangote Cement PLC NSA:DCP
100 GF Score
Price ₦1,047.00
GF Value ₦814.28
Valuation Modestly Overvalued
! 1 Warning Sign
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What is Dangote Cement Receivables Turnover?

Dangote Cement NSA:DCP 100 Receivables Turnover is 22.71 as of Mar. 2026. GuruFocus rates NSA:DCP with a GF Score™ of 100/100 and a GF Value™ of ₦814.28 (Modestly Overvalued). The stock has 1 warning sign investors should review. Among 403 Building Materials companies, Dangote Cement ranks better than 98.26% on this metric.

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. 2026 was ₦1,198,032 Mil. Dangote Cement's average Accounts Receivable for the three months ended in Mar. 2026 was ₦52,743 Mil. Hence, Dangote Cement's Receivables Turnover for the three months ended in Mar. 2026 was 22.71.


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


Dangote Cement Receivables Turnover Historical Data

* Premium members only.

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.

Dangote Cement Receivables Turnover Chart

Dangote Cement Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Receivables Turnover
Get a 7-Day Free Trial Premium Member Only Premium Member Only 103.02 118.59 110.99 115.70 95.09

Dangote Cement Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Receivables 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 26.06 22.29 19.49 21.32 22.71

NSA:DCP vs CRH, VMC, MLM: Receivables Turnover Comparison

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 Receivables Turnover vs 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.


NSA:DCP
100GF Score
Dangote Cement PLC NSA:DCP
Receivables Turnover is just one metric. See GF Score™, valuation, warning signs, and more.
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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. 2025 is calculated as

Receivables Turnover (A: Dec. 2025 )
=Revenue / Average Accounts Receivable
=Revenue (A: Dec. 2025 ) / ((Accounts Receivable (A: Dec. 2024 ) + Accounts Receivable (A: Dec. 2025 )) / count )
=4306704 / ((36688 + 53896) / 2 )
=4306704 / 45292
=95.09

Dangote Cement's Receivables Turnover for the quarter that ended in Mar. 2026 is calculated as

Receivables Turnover (Q: Mar. 2026 )
=Revenue / Average Accounts Receivable
=Revenue (Q: Mar. 2026 ) / ((Accounts Receivable (Q: Dec. 2025 ) + Accounts Receivable (Q: Mar. 2026 )) / count )
=1198032 / ((53896 + 51589) / 2 )
=1198032 / 52742.5
=22.71

* 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 Receivables Turnover →
What does a Receivables Turnover of 22.71 mean?
Dangote Cement (NSA:DCP) has a Receivables Turnover of 22.71 as of Mar. 2026. The accounts 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. View historical data on Dangote Cement and its competitors. According to the industry distribution chart, Dangote Cement ranks #7 out of 403 companies in the Building Materials industry, placing it in the top 1.7%.
Is Dangote Cement's Receivables Turnover too high?
Dangote Cement's current Receivables Turnover is 22.71. The Building Materials industry median Receivables Turnover is 6.39. Dangote Cement's value of 22.71 is 255.4% above this industry median. Based on the distribution chart, Dangote Cement ranks #7 out of 403 companies in the Building Materials industry, which is in the top quartile — a strong position relative to peers. Overall, Dangote Cement has a GF Score™ of 100/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Dangote Cement's Receivables Turnover compare to CRH and VMC?
According to the Building Materials industry distribution chart, Dangote Cement ranks #7 out of 403 companies for Receivables Turnover. This places Dangote Cement in the top 2% of its industry — outperforming the majority of peers. The industry median Receivables Turnover is 6.39. Dangote Cement's value of 22.71 is 255.4% above this benchmark. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Receivables Turnover for a Building Materials company?
The median Receivables Turnover among Building Materials companies is 6.39, based on 403 companies in the industry. Companies in the top quartile (top 25%) have a Receivables Turnover significantly above this median, while those in the bottom quartile fall well below. However, Receivables Turnover should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Dangote Cement's current Receivables Turnover of 22.71 is 255.4% above 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 Receivables Turnover mean?
A high Receivables Turnover can signal that a stock is expensive relative to its fundamentals. The accounts 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. View historical data on Dangote Cement and its competitors. For the Building Materials industry, the median Receivables Turnover is 6.39 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Dangote Cement's current Receivables Turnover is 22.71. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Dangote Cement stock overvalued right now?
Based on GuruFocus' analysis, Dangote Cement (NSA:DCP) is currently considered Modestly Overvalued. The stock's GF Value™ is ₦814.28, compared to a current price of ₦1,047.00 — trading 28.6% above its estimated fair value. The current Receivables Turnover is 22.71 and 255.4% above the Building Materials industry median of 6.39. Dangote Cement's overall GF Score™ is 100/100 with 1 warning sign to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Receivables Turnover calculated?
Receivables Turnover is calculated from a company's financial statements. For Dangote Cement (NSA:DCP), the current Receivables Turnover is 22.71 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 Dangote Cement (NSA:DCP) Overvalued in 2026?

Based on GuruFocus' analysis, Dangote Cement stock appears to be overvalued. The current stock price of ₦1,047.00 is trading 28.6% above its estimated GF Value™ of ₦814.28. GuruFocus considers Dangote Cement to be Modestly Overvalued.

Key valuation signals for NSA:DCP:

  • Receivables Turnover: 22.71
  • GF Value™: ₦814.28 vs. price of ₦1,047.00 (28.6% above fair value)
  • GF Score™: 100/100 with 1 warning sign
  • Industry Position: 255.4% above the Building Materials median (#7 of 403)

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


Dangote Cement Business Description

Address 1, Alfred Rewane Road, P.O. Box 40032, Falomo, Ikoyi, Union Marble House, Lagos, NGA
Dangote Cement PLC is a 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.
100GF Score

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

₦1,047.00
Price
₦814.28
GF Value