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Lafarge Africa (NSA:WAPCO) Days Inventory : 84.96 (As of Dec. 2023)


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What is Lafarge Africa Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Lafarge Africa's Average Total Inventories for the three months ended in Dec. 2023 was ₦53,784 Mil. Lafarge Africa's Cost of Goods Sold for the three months ended in Dec. 2023 was ₦57,768 Mil. Hence, Lafarge Africa's Days Inventory for the three months ended in Dec. 2023 was 84.96.

The historical rank and industry rank for Lafarge Africa's Days Inventory or its related term are showing as below:

NSA:WAPCO' s Days Inventory Range Over the Past 10 Years
Min: 54.52   Med: 92.37   Max: 127.67
Current: 100.08

During the past 13 years, Lafarge Africa's highest Days Inventory was 127.67. The lowest was 54.52. And the median was 92.37.

NSA:WAPCO's Days Inventory is ranked worse than
58.54% of 369 companies
in the Building Materials industry
Industry Median: 83.78 vs NSA:WAPCO: 100.08

Lafarge Africa's Days Inventory declined from Dec. 2022 (115.59) to Dec. 2023 (84.96).

Inventory Turnover measures how fast the company turns over its inventory within a year. Lafarge Africa's Inventory Turnover for the three months ended in Dec. 2023 was 1.07.

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. Lafarge Africa's Inventory-to-Revenue for the three months ended in Dec. 2023 was 0.46.


Lafarge Africa Days Inventory Historical Data

The historical data trend for Lafarge Africa'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.

* Premium members only.

Lafarge Africa Days Inventory Chart

Lafarge Africa Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Days Inventory
Get a 7-Day Free Trial Premium Member Only Premium Member Only 92.50 95.20 92.23 101.09 98.59

Lafarge Africa Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Days Inventory 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 115.59 110.42 104.34 105.89 84.96

Competitive Comparison of Lafarge Africa's Days Inventory

For the Building Materials subindustry, Lafarge Africa'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.


Lafarge Africa's Days Inventory Distribution in the Building Materials Industry

For the Building Materials industry and Basic Materials sector, Lafarge Africa's Days Inventory distribution charts can be found below:

* The bar in red indicates where Lafarge Africa's Days Inventory falls into.



Lafarge Africa Days Inventory Calculation

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

Lafarge Africa's Days Inventory for the fiscal year that ended in Dec. 2023 is calculated as

Days Inventory (A: Dec. 2023 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (A: Dec. 2022 ) + Total Inventories (A: Dec. 2023 )) / count ) / Cost of Goods Sold (A: Dec. 2023 )*Days in Period
=( (53043.073 + 54340.615) / 2 ) / 198786.889*365
=53691.844 / 198786.889*365
=98.59

Lafarge Africa's Days Inventory for the quarter that ended in Dec. 2023 is calculated as:

Days Inventory (Q: Dec. 2023 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (Q: Sep. 2023 ) + Total Inventories (Q: Dec. 2023 )) / count ) / Cost of Goods Sold (Q: Dec. 2023 )*Days in Period
=( (53226.999 + 54340.615) / 2 ) / 57768.243*365 / 4
=53783.807 / 57768.243*365 / 4
=84.96

* 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.


Lafarge Africa  (NSA:WAPCO) 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.

Lafarge Africa's Inventory Turnover for the three months ended in Dec. 2023 is calculated as

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.

Lafarge Africa's Inventory to Revenue for the three months ended in Dec. 2023 is calculated as

Inventory-to-Revenue=Average Total Inventories / Revenue
=53783.807 / 116421.314
=0.46

* 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

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.


Lafarge Africa Days Inventory Related Terms

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


Lafarge Africa (NSA:WAPCO) Business Description

Traded in Other Exchanges
N/A
Address
No. 27B, Gerrard Road, Ikoyi, Lagos, NGA
Lafarge Africa PLC through its subsidiaries is engaged in the manufacturing and marketing of cement, concrete, and aggregates products, including the provision of building solutions. Its products include Ashakacem, UniCem, Elephant cement, Lafarge Powermax, RoadCem, and Supaset cement among others. It has operations in South Africa and Nigeria generating a vast majority of its revenues within Nigeria from the sales of Cement. It has two segments Cement & Readymixed products. The majority is from the cement segment.

Lafarge Africa (NSA:WAPCO) Headlines

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