Swan Defence and Heavy Industries (NSE:SWANDEF) Change In Inventory: ₹0 Mil (TTM As of Mar. 2026)

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

NSE:SWANDEF Swan Defence and Heavy Industries Ltd NSE:SWANDEF
31 GF Score
Price ₹2,243.50
GF Value ₹12,058.17
Valuation Possible Value Trap
! 6 Warning Signs
View Full Analysis

What is Swan Defence and Heavy Industries Change In Inventory?

Swan Defence and Heavy Industries NSE:SWANDEF +1.63% 31 Change In Inventory is ₹0 Mil as of Mar. 2026. GuruFocus rates NSE:SWANDEF with a GF Score™ of 31/100 and a GF Value™ of ₹12,058.17 (Possible Value Trap). The stock has 6 warning signs investors should review.

Swan Defence and Heavy Industries's change in inventory for the quarter that ended in Mar. 2026 was ₹0 Mil. It means Swan Defence and Heavy Industries's inventory stayed the same from Dec. 2025 to Mar. 2026 .

Swan Defence and Heavy Industries's change in inventory for the fiscal year that ended in Mar. 2026 was ₹4,490 Mil. It means Swan Defence and Heavy Industries's inventory declined by ₹4,490 Mil from Mar. 2025 to Mar. 2026 .

Swan Defence and Heavy Industries's Total Inventories for the quarter that ended in Mar. 2026 was ₹9,521 Mil.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Swan Defence and Heavy Industries's Days Inventory for the quarter that ended in Mar. 2026 was 98.01.

Inventory Turnover measures how fast the company turns over its inventory within a year. Swan Defence and Heavy Industries's Inventory Turnover for the quarter that ended in Mar. 2026 was 0.93.

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. Swan Defence and Heavy Industries's Inventory-to-Revenue for the quarter that ended in Mar. 2026 was 2.01.


Swan Defence and Heavy Industries  (NSE:SWANDEF) Change In Inventory Explanation

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

Swan Defence and Heavy Industries's Days Inventory for the quarter that ended in is calculated as:

Days Inventory=Average Total Inventories/Cost of Goods Sold*Days in Period
=4760.4155/4432.273*365 / 4
=98.01

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

Swan Defence and Heavy Industries's Inventory Turnover for the quarter that ended in Mar. 2026 is calculated as

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.

Swan Defence and Heavy Industries's Inventory to Revenue for the quarter that ended in Mar. 2026 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.


Swan Defence and Heavy Industries Change In Inventory Related Terms


Swan Defence and Heavy Industries Change In Inventory Historical Data

* Premium members only.

The historical data trend for Swan Defence and Heavy Industries'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.

Swan Defence and Heavy Industries Change In Inventory Chart

Swan Defence and Heavy Industries Annual Data
Trend Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
Change In Inventory
Get a 7-Day Free Trial Premium Member Only Premium Member Only 25.64 6,811.69 -2.43 42.91 4,490.24

Swan Defence and Heavy Industries Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Change In 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 0.00 0.00 0.00 0.00 0.00
NSE:SWANDEF
31GF Score
Swan Defence and Heavy Industries Ltd NSE:SWANDEF
Change In Inventory is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Swan Defence and Heavy Industries 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. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was ₹0 Mil.

* 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 Change In Inventory →
What does a Change In Inventory of ₹0 Mil mean?
Swan Defence and Heavy Industries (NSE:SWANDEF) has a Change In Inventory of ₹0 Mil as of Mar. 2026. Change in Inventory is the difference between current-period inventory and past-period inventory. View historical data for Swan Defence and Heavy Industries and its competitors.
Is Swan Defence and Heavy Industries' Change In Inventory too high?
Swan Defence and Heavy Industries' current Change In Inventory is ₹0 Mil. Overall, Swan Defence and Heavy Industries has a GF Score™ of 31/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Swan Defence and Heavy Industries' Change In Inventory compare to SPCX and GE?
Swan Defence and Heavy Industries' Change In Inventory of ₹0 Mil can be compared against companies in the Aerospace & Defense industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Change In Inventory for an Aerospace & Defense company?
A good Change In Inventory depends on the Aerospace & Defense industry context. However, Change In Inventory should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Change In Inventory mean?
A high Change In Inventory can signal that a stock is expensive relative to its fundamentals. Change in Inventory is the difference between current-period inventory and past-period inventory. View historical data for Swan Defence and Heavy Industries and its competitors. Swan Defence and Heavy Industries's current Change In Inventory is ₹0 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Swan Defence and Heavy Industries stock overvalued right now?
Based on GuruFocus' analysis, Swan Defence and Heavy Industries (NSE:SWANDEF) is currently considered Possible Value Trap. The stock's GF Value™ is ₹12,058.17, compared to a current price of ₹2,243.50 — trading 81.4% below its estimated fair value. The current Change In Inventory is ₹0 Mil. Swan Defence and Heavy Industries' overall GF Score™ is 31/100 with 6 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Change In Inventory calculated?
Change In Inventory is calculated from a company's financial statements. For Swan Defence and Heavy Industries (NSE:SWANDEF), the current Change In Inventory is ₹0 Mil 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 Swan Defence and Heavy Industries (NSE:SWANDEF) Overvalued in 2026?

Based on GuruFocus' analysis, Swan Defence and Heavy Industries stock appears to be undervalued. The current stock price of ₹2,243.50 is trading 81.4% below its estimated GF Value™ of ₹12,058.17. GuruFocus considers Swan Defence and Heavy Industries to be Possible Value Trap.

Key valuation signals for NSE:SWANDEF:

  • Change In Inventory: ₹0 Mil
  • GF Value™: ₹12,058.17 vs. price of ₹2,243.50 (81.4% below fair value)
  • GF Score™: 31/100 with 6 warning signs

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


Swan Defence and Heavy Industries Business Description

Other Exchanges 533107:India
Address 10 J. N. Heredia Marg, 6 Feltham House, 2nd Floor, Ballard Estate, Mumbai, MH, IND, 400001
Swan Defence and Heavy Industries Ltd is mainly engaged in the construction of vessels, repairs, and refits of ships and rigs, and heavy engineering. The company has developed an integrated shipbuilding, ship and rig repair and conversion, ship production, offshore construction, and heavy engineering facility in Gujarat. The company has a large shipbuilding/repair infrastructure in India including the Dry Dock.
31GF Score

Get the complete analysis for NSE:SWANDEF

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

₹2,243.50
Price
₹12,058.17
GF Value