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Airtel Africa (LSE:AAF) Days Inventory : 5.50 (As of Sep. 2023)


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What is Airtel Africa Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Airtel Africa's Average Total Inventories for the three months ended in Sep. 2023 was £18 Mil. Airtel Africa's Cost of Goods Sold for the three months ended in Sep. 2023 was £292 Mil. Hence, Airtel Africa's Days Inventory for the three months ended in Sep. 2023 was 5.50.

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

LSE:AAF' s Days Inventory Range Over the Past 10 Years
Min: 0.75   Med: 1.03   Max: 2.88
Current: 2.88

During the past 7 years, Airtel Africa's highest Days Inventory was 2.88. The lowest was 0.75. And the median was 1.03.

LSE:AAF's Days Inventory is ranked better than
91.86% of 295 companies
in the Telecommunication Services industry
Industry Median: 19.65 vs LSE:AAF: 2.88

Airtel Africa's Days Inventory increased from Sep. 2022 (1.36) to Sep. 2023 (5.50). It might indicate that Airtel Africa's sales slowed down.

Inventory Turnover measures how fast the company turns over its inventory within a year. Airtel Africa's Inventory Turnover for the three months ended in Sep. 2023 was 16.58.

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. Airtel Africa's Inventory-to-Revenue for the three months ended in Sep. 2023 was 0.02.


Airtel Africa Days Inventory Historical Data

The historical data trend for Airtel 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.

Airtel Africa Days Inventory Chart

Airtel Africa Annual Data
Trend Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
Days Inventory
Get a 7-Day Free Trial 0.75 0.80 1.32 1.03 1.65

Airtel Africa Quarterly Data
Sep18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23
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 1.36 1.93 1.70 4.07 5.50

Competitive Comparison of Airtel Africa's Days Inventory

For the Telecom Services subindustry, Airtel 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.


Airtel Africa's Days Inventory Distribution in the Telecommunication Services Industry

For the Telecommunication Services industry and Communication Services sector, Airtel Africa's Days Inventory distribution charts can be found below:

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



Airtel Africa Days Inventory Calculation

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

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

Days Inventory (A: Mar. 2023 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (A: Mar. 2022 ) + Total Inventories (A: Mar. 2023 )) / count ) / Cost of Goods Sold (A: Mar. 2023 )*Days in Period
=( (2.277 + 12.36) / 2 ) / 1623.28*365
=7.3185 / 1623.28*365
=1.65

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

Days Inventory (Q: Sep. 2023 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (Q: Jun. 2023 ) + Total Inventories (Q: Sep. 2023 )) / count ) / Cost of Goods Sold (Q: Sep. 2023 )*Days in Period
=( (18.216 + 16.968) / 2 ) / 291.688*365 / 4
=17.592 / 291.688*365 / 4
=5.50

* 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.


Airtel Africa  (LSE:AAF) 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.

Airtel Africa's Inventory Turnover for the three months ended in Sep. 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.

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

* 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.


Airtel Africa Days Inventory Related Terms

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


Airtel Africa (LSE:AAF) Business Description

Address
53/54 Grosvenor Street, First Floor, London, GBR, W1K 3HU
Airtel Africa PLC is engaged in providing affordable and innovative mobile services. The company's segment includes Nigeria mobile services; East Africa mobile services; Francophone Africa mobile services; Mobile money and others. It generates maximum revenue from the Nigeria mobile services segment. Nigeria mobile services segment comprising of mobile service operations in Nigeria.

Airtel Africa (LSE:AAF) Headlines

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