Dangote Sugar Refinery (NSA:DSRP) Days Inventory : 65.58 (As of Dec. 2022)

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What is Dangote Sugar Refinery Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Dangote Sugar Refinery's Average Total Inventories for the six months ended in Dec. 2022 was ₦55,931 Mil. Dangote Sugar Refinery's Cost of Goods Sold for the six months ended in Dec. 2022 was ₦311,283 Mil. Hence, Dangote Sugar Refinery's Days Inventory for the six months ended in Dec. 2022 was 32.79.

The historical rank and industry rank for Dangote Sugar Refinery's Days Inventory or its related term are showing as below:

NSA:DSRP' s Days Inventory Range Over the Past 10 Years
Min: 60.07 Med: 91.6 Max: 147.92
Current: 65.58

During the past 13 years, Dangote Sugar Refinery's highest Days Inventory was 147.92. The lowest was 60.07. And the median was 91.60.

NSA:DSRP's Days Inventory is ranked better than
62.65% of 1783 companies
in the Consumer Packaged Goods industry
Industry Median: 83.35 vs NSA:DSRP: 65.58

Dangote Sugar Refinery's Days Inventory declined from Dec. 2020 (125.94) to Dec. 2022 (65.58).

Inventory Turnover measures how fast the company turns over its inventory within a year. Dangote Sugar Refinery's Inventory Turnover for the six months ended in Dec. 2022 was 5.57.

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 six months ended in Dec. 2022 was 0.14.

Dangote Sugar Refinery Days Inventory Historical Data

The historical data trend for Dangote Sugar Refinery's Days 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.

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Dangote Sugar Refinery Days Inventory Chart

Dangote Sugar Refinery Annual Data

Trend

Dec13

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Days Inventory

Get a 7-Day Free Trial

147.92

119.26

125.94

103.53

65.58

Dangote Sugar Refinery Semi-Annual Data
	Dec08	Dec09	Dec10	Dec11	Dec12	Dec13	Dec14	Dec15	Dec16	Dec17	Dec18	Dec19	Dec20	Dec21	Dec22
Days Inventory	Get a 7-Day Free Trial										147.92	119.26	125.94	103.53	65.58

Competitive Comparison of Dangote Sugar Refinery's Days Inventory

For the Confectioners subindustry, Dangote Sugar Refinery's Days Inventory, along with its competitors' market caps and Days Inventory 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 Sugar Refinery's Days Inventory Distribution in the Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Dangote Sugar Refinery's Days Inventory distribution charts can be found below:

* The bar in red indicates where Dangote Sugar Refinery's Days Inventory falls into.

Dangote Sugar Refinery Days Inventory Calculation

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 fiscal year that ended in Dec. 2022 is calculated as

	Days Inventory (A: Dec. 2022 )
=	Average Total Inventories					/	Cost of Goods Sold	*	Days in Period
=	( (Total Inventories (A: Dec. 2021 )	+	Total Inventories (A: Dec. 2022 ))	/	count )	/	Cost of Goods Sold (A: Dec. 2022 )	*	Days in Period
=	( (60655.097	+	51206.728)	/	2 )	/	311282.95	*	365
=	55930.9125					/	311282.95	*	365
=	65.58

Dangote Sugar Refinery's Days Inventory for the quarter that ended in Dec. 2022 is calculated as:

	Days Inventory (Q: Dec. 2022 )
=	Average Total Inventories					/	Cost of Goods Sold	*	Days in Period
=	( (Total Inventories (Q: Dec. 2021 )	+	Total Inventories (Q: Dec. 2022 ))	/	count )	/	Cost of Goods Sold (Q: Dec. 2022 )	*	Days in Period
=	( (60655.097	+	51206.728)	/	2 )	/	311282.95	*	365 / 2
=	55930.9125					/	311282.95	*	365 / 2
=	32.79

Dangote Sugar Refinery (NSA:DSRP) Days Inventory Explanation

Days Inventory indicates the liquidity of the inventory. Generally, a lower Days Inventory is preferred as it indicates a shorter duration to clear off the inventory. An increase of the ratio may indicate the company's sales slowed. Similar ratios related to Days Inventory are:

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

Dangote Sugar Refinery's Inventory Turnover for the six months ended in Dec. 2022 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	311282.95	/	55930.9125
	=	5.57

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 six months ended in Dec. 2022 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	55930.9125	/	403245.988
	=	0.14

Be Aware

A lot of business are seasonable. It makes more sense to compare Days Inventory from the same period in the previous year instead of from the previous quarter.

Dangote Sugar Refinery Days Inventory Related Terms

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

Dangote Sugar Refinery (NSA:DSRP) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » Dangote Sugar Refinery PLC (NSA:DSRP) » Definitions » Days Inventory

Comparable Companies

Traded in Other Exchanges

N/A

Address

Terminal E, Shed 20, 3rd Floor, GDNL Administrative Building, NPA Wharf Port Complex, Apapa, Lagos, NGA

Website

https://sugar.dangote.com

Dangote Sugar Refinery PLC is engaged in refining raw sugar into edible sugar and selling refined sugar. 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 revenue from the Northern Nigeria region.

Dangote Sugar Refinery (NSA:DSRP) Headlines

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