Dangote Cement (NSA:DCP) Change In Inventory : ₦-232,258 Mil (TTM As of Mar. 2024)

View and export this data going back to . Start your Free Trial

What is Dangote Cement Change In Inventory?

Dangote Cement's change in inventory for the quarter that ended in Mar. 2024 was ₦-102,260 Mil. It means Dangote Cement's inventory increased by ₦102,260 Mil from Dec. 2023 to Mar. 2024 .

Dangote Cement's change in inventory for the fiscal year that ended in Dec. 2023 was ₦-155,892 Mil. It means Dangote Cement's inventory increased by ₦155,892 Mil from Dec. 2022 to Dec. 2023 .

Dangote Cement's Total Inventories for the quarter that ended in Mar. 2024 was ₦496,283 Mil.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Dangote Cement's Days Inventory for the quarter that ended in Mar. 2024 was 102.02.

Inventory Turnover measures how fast the company turns over its inventory within a year. Dangote Cement's Inventory Turnover for the quarter that ended in Mar. 2024 was 0.89.

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 Cement's Inventory-to-Revenue for the quarter that ended in Mar. 2024 was 0.54.

Dangote Cement Change In Inventory Historical Data

The historical data trend for Dangote Cement's Change In Inventory 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.

* Premium members only.

Dangote Cement Change In Inventory Chart

Dangote Cement Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Change In Inventory

Get a 7-Day Free Trial

-7,942.00

3,677.00

-60,526.00

-70,345.00

-155,892.00

Dangote Cement Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Change In Inventory	Get a 7-Day Free Trial															-25,894.00	-87,100.00	-14,794.00	-28,104.00	-102,260.00

Dangote Cement Change In Inventory Calculation

Change In Inventory is the difference between last period's ending inventory and the current period's ending inventory.

Change In Inventory for the trailing twelve months (TTM) ended in Mar. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was ₦-232,258 Mil.

Dangote Cement (NSA:DCP) Change In Inventory Explanation

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

Dangote Cement's Days Inventory for the quarter that ended in is calculated as:

Days Inventory	=	Average Total Inventories	/	Cost of Goods Sold	*	Days in Period
	=	445153	/	398162	*	365 / 4
	=	102.02

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

Dangote Cement's Inventory Turnover for the quarter that ended in Mar. 2024 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	398162	/	445153
	=	0.89

3. 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 Cement's Inventory to Revenue for the quarter that ended in Mar. 2024 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	445153	/	817350
	=	0.54

Dangote Cement Change In Inventory Related Terms

Thank you for viewing the detailed overview of Dangote Cement's Change In Inventory provided by GuruFocus.com. Please click on the following links to see related term pages.

Dangote Cement (NSA:DCP) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Building Materials » Dangote Cement PLC (NSA:DCP) » Definitions » Change In Inventory

Comparable Companies

Traded in Other Exchanges

N/A

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. Its geographical segment includes Nigeria and Pan Africa. The company derives a majority of revenue from Nigeria segment.