Devyani International (NSE:DEVYANI) Inventory Turnover: 3.99 (As of Mar. 2026)


NSE:DEVYANI Devyani International Ltd NSE:DEVYANI
76 GF Score
Price ₹112.82
GF Value ₹241.75
Valuation Significantly Undervalued
! 3 Warning Signs
View Full Analysis

What is Devyani International Inventory Turnover?

Devyani International NSE:DEVYANI +1.30% 76 Inventory Turnover is 3.99 as of Mar. 2026. GuruFocus rates NSE:DEVYANI with a GF Score™ of 76/100 and a GF Value™ of ₹241.75 (Significantly Undervalued). The stock has 3 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. Devyani International's Cost of Goods Sold for the three months ended in Mar. 2026 was ₹6,575 Mil. Devyani International's Average Total Inventories for the quarter that ended in Mar. 2026 was ₹1,646 Mil. Devyani International's Inventory Turnover for the quarter that ended in Mar. 2026 was 3.99.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Devyani International's Days Inventory for the three months ended in Mar. 2026 was 22.85.

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. Devyani International's Inventory-to-Revenue for the quarter that ended in Mar. 2026 was 0.11.

Devyani International  (NSE:DEVYANI) 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.

Devyani International's Days Inventory for the three months ended in Mar. 2026 is calculated as:

Days Inventory =Average Total Inventories (Q: Mar. 2026 )/Cost of Goods Sold (Q: Mar. 2026 )*Days in Period
=1646.36/6575.47*365 / 4
=22.85

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.

Devyani International's Inventory to Revenue for the quarter that ended in Mar. 2026 is calculated as

Inventory-to-Revenue=Average Total Inventories (Q: Mar. 2026 ) / Revenue (Q: Mar. 2026 )
=1646.36 / 14368.62
=0.11

* 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.

Devyani International Inventory Turnover Related Terms

Devyani International Inventory Turnover Historical Data

* Premium members only.

The historical data trend for Devyani International'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.

Devyani International Inventory Turnover Chart

Devyani International Annual Data
Trend Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
Inventory Turnover
Get a 7-Day Free Trial 13.28 13.28 13.63 16.11 16.63

Devyani International Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
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 3.73 4.27 3.81 3.93 3.99
NSE:DEVYANI
76GF Score
Devyani International Ltd NSE:DEVYANI
Inventory Turnover is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Devyani International Inventory Turnover Calculation

Devyani International's Inventory Turnover for the fiscal year that ended in Mar. 2026 is calculated as

Inventory Turnover (A: Mar. 2026 )
=Cost of Goods Sold / Average Total Inventories
=Cost of Goods Sold (A: Mar. 2026 ) / ((Total Inventories (A: Mar. 2025 ) + Total Inventories (A: Mar. 2026 )) / count )
=26014.81 / ((1482.26 + 1646.36) / 2 )
=26014.81 / 1564.31
=16.63

Devyani International's Inventory Turnover for the quarter that ended in Mar. 2026 is calculated as

Inventory Turnover (Q: Mar. 2026 )
=Cost of Goods Sold / Average Total Inventories
=Cost of Goods Sold (Q: Mar. 2026 ) / ((Total Inventories (Q: Dec. 2025 ) + Total Inventories (Q: Mar. 2026 )) / count )
=6575.47 / ((0 + 1646.36) / 1 )
=6575.47 / 1646.36
=3.99

* 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 3.99 mean?
Devyani International (NSE:DEVYANI) has a Inventory Turnover of 3.99 as of Mar. 2026. Inventory turnover equals current-period cost of goods sold divided by average two-period total inventories. View historical data on Devyani International and its competitors.
Is Devyani International's Inventory Turnover too high?
Devyani International's current Inventory Turnover is 3.99. Overall, Devyani International has a GF Score™ of 76/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Devyani International's Inventory Turnover compare to MCD and SBUX?
Devyani International's Inventory Turnover of 3.99 can be compared against companies in the Restaurants 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 Restaurants company?
A good Inventory Turnover depends on the Restaurants 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 Devyani International and its competitors. Devyani International's current Inventory Turnover is 3.99. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Devyani International stock overvalued right now?
Based on GuruFocus' analysis, Devyani International (NSE:DEVYANI) is currently considered Significantly Undervalued. The stock's GF Value™ is ₹241.75, compared to a current price of ₹112.82 — trading 53.3% below its estimated fair value. The current Inventory Turnover is 3.99. Devyani International's overall GF Score™ is 76/100 with 3 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 Devyani International (NSE:DEVYANI), the current Inventory Turnover is 3.99 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 Devyani International (NSE:DEVYANI) Overvalued in 2026?

Based on GuruFocus' analysis, Devyani International stock appears to be undervalued. The current stock price of ₹112.82 is trading 53.3% below its estimated GF Value™ of ₹241.75. GuruFocus considers Devyani International to be Significantly Undervalued.

Key valuation signals for NSE:DEVYANI:

  • Inventory Turnover: 3.99
  • GF Value™: ₹241.75 vs. price of ₹112.82 (53.3% below fair value)
  • GF Score™: 76/100 with 3 warning signs

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

Devyani International Business Description

Other Exchanges 543330:India
Address Plot No. 18, Sector-35, Near Hero Honda Chowk, Gurugram, HR, IND, 122 004
Devyani International Ltd is a franchisee of Yum Brands in India and is among the largest operators of a quick-service restaurant chain (QSR chain), operating around 1,243 stores across 155 cities in India. Companies products includes PizzaHut, KFC, Costa Coffee, Vaang.o, The Food Street, and more. Geographically, operates domestically and internationally, with the majority of revenue from India.
76GF Score

Get the complete analysis for NSE:DEVYANI

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

₹112.82
Price
₹241.75
GF Value