Chewy (FRA:3HH) Inventory Turnover: 2.51 (As of Apr. 2026)

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FRA:3HH Chewy Inc FRA:3HH
63 GF Score
Price €18.88
GF Value €27.63
Valuation Significantly Undervalued
! 2 Warning Signs
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What is Chewy Inventory Turnover?

Chewy FRA:3HH +5.18% 63 Inventory Turnover is 2.51 as of Apr. 2026. GuruFocus rates FRA:3HH with a GF Score™ of 63/100 and a GF Value™ of €27.63 (Significantly Undervalued). The stock has 2 warning signs investors should review.

Inventory Turnover measures how fast the company turns over its inventory within a year. It is calculated as Cost of Goods Sold divided by Total Inventories. Chewy's Cost of Goods Sold for the three months ended in Apr. 2026 was €2,006 Mil. Chewy's Average Total Inventories for the quarter that ended in Apr. 2026 was €799 Mil. Chewy's Inventory Turnover for the quarter that ended in Apr. 2026 was 2.51.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Chewy's Days Inventory for the three months ended in Apr. 2026 was 36.34.

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. Chewy's Inventory-to-Revenue for the quarter that ended in Apr. 2026 was 0.28.


Chewy  (FRA:3HH) Inventory Turnover Explanation

Inventory Turnover measures how fast the company turns over its inventory within a year. A higher Inventory Turnover means the company has light inventory. Therefore the company spends less money on storage, write downs, and obsolete inventory. If the inventory is too light, it may affect sales because the company may not have enough to meet demand.

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

Chewy's Days Inventory for the three months ended in Apr. 2026 is calculated as:

Days Inventory =Average Total Inventories (Q: Apr. 2026 )/Cost of Goods Sold (Q: Apr. 2026 )*Days in Period
=798.8495/2005.659*365 / 4
=36.34

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.

Chewy's Inventory to Revenue for the quarter that ended in Apr. 2026 is calculated as

Inventory-to-Revenue=Average Total Inventories (Q: Apr. 2026 ) / Revenue (Q: Apr. 2026 )
=798.8495 / 2870.406
=0.28

* 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

Usually retailers pile up their inventories at holiday seasons to meet the stronger demand. Therefore, the inventory of a particular quarter of a year should not be used to calculate Inventory Turnover. An average inventory is a better indication.


Chewy Inventory Turnover Related Terms


Chewy Inventory Turnover Historical Data

* Premium members only.

The historical data trend for Chewy's Inventory Turnover 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.

Chewy Inventory Turnover Chart

Chewy Annual Data
Trend Dec16 Jan18 Jan19 Jan20 Jan21 Jan22 Jan23 Jan24 Jan25 Jan26
Inventory Turnover
Get a 7-Day Free Trial Premium Member Only Premium Member Only 12.69 12.02 11.37 11.04 9.75

Chewy Quarterly Data
Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24 Apr24 Jul24 Oct24 Jan25 Apr25 Jul25 Oct25 Jan26 Apr26
Inventory Turnover 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 2.56 2.52 2.41 2.54 2.51
FRA:3HH
63GF Score
Chewy Inc FRA:3HH
Inventory Turnover is just one metric. See GF Score™, valuation, warning signs, and more.
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Chewy Inventory Turnover Calculation

Chewy's Inventory Turnover for the fiscal year that ended in Jan. 2026 is calculated as

Inventory Turnover (A: Jan. 2026 )
=Cost of Goods Sold / Average Total Inventories
=Cost of Goods Sold (A: Jan. 2026 ) / ((Total Inventories (A: Jan. 2025 ) + Total Inventories (A: Jan. 2026 )) / count )
=7529.308 / ((808.252 + 735.945) / 2 )
=7529.308 / 772.0985
=9.75

Chewy's Inventory Turnover for the quarter that ended in Apr. 2026 is calculated as

Inventory Turnover (Q: Apr. 2026 )
=Cost of Goods Sold / Average Total Inventories
=Cost of Goods Sold (Q: Apr. 2026 ) / ((Total Inventories (Q: Jan. 2026 ) + Total Inventories (Q: Apr. 2026 )) / count )
=2005.659 / ((735.945 + 861.754) / 2 )
=2005.659 / 798.8495
=2.51

* 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 Inventory Turnover →
What does a Inventory Turnover of 2.51 mean?
Chewy (FRA:3HH) has a Inventory Turnover of 2.51 as of Apr. 2026. Inventory turnover equals current-period cost of goods sold divided by average two-period total inventories. View historical data on Chewy and its competitors.
Is Chewy's Inventory Turnover too high?
Chewy's current Inventory Turnover is 2.51. Overall, Chewy has a GF Score™ of 63/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Chewy's Inventory Turnover compare to ETSY and VIPS?
Chewy's Inventory Turnover of 2.51 can be compared against companies in the Retail - Cyclical industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Inventory Turnover for a Retail - Cyclical company?
A good Inventory Turnover depends on the Retail - Cyclical industry context. However, Inventory Turnover 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 Inventory Turnover mean?
A high Inventory Turnover can signal that a stock is expensive relative to its fundamentals. Inventory turnover equals current-period cost of goods sold divided by average two-period total inventories. View historical data on Chewy and its competitors. Chewy's current Inventory Turnover is 2.51. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Chewy stock overvalued right now?
Based on GuruFocus' analysis, Chewy (FRA:3HH) is currently considered Significantly Undervalued. The stock's GF Value™ is €27.63, compared to a current price of €18.88 — trading 31.7% below its estimated fair value. The current Inventory Turnover is 2.51. Chewy's overall GF Score™ is 63/100 with 2 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Inventory Turnover calculated?
Inventory Turnover is calculated from a company's financial statements. For Chewy (FRA:3HH), the current Inventory Turnover is 2.51 as of Apr. 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 Chewy (FRA:3HH) Overvalued in 2026?

Based on GuruFocus' analysis, Chewy stock appears to be undervalued. The current stock price of €18.88 is trading 31.7% below its estimated GF Value™ of €27.63. GuruFocus considers Chewy to be Significantly Undervalued.

Key valuation signals for FRA:3HH:

  • Inventory Turnover: 2.51
  • GF Value™: €27.63 vs. price of €18.88 (31.7% below fair value)
  • GF Score™: 63/100 with 2 warning signs

No single metric tells the full story. See the FRA:3HH stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Chewy Business Description

Address 7700 West Sunrise Boulevard, Plantation, FL, USA, 33322
Chewy is the largest e-commerce petcare retailer in the US, generating $12.6 billion in fiscal 2025 sales across pet food, treats, hard goods, and pharmacy categories. The firm was founded in 2011, acquired by PetSmart in 2017, and tapped public markets as a stand-alone company in 2019 after spending time developing under the aegis of the pet superstore chain. The firm generates sales from pet food, treats, over-the-counter medications, medical prescription fulfillment, veterinary care, membership fees, sponsored ads, and hard goods like crates, leashes, and bowls.
63GF Score

Get the complete analysis for FRA:3HH

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

€18.88
Price
€27.63
GF Value