Avenue Supermarts (NSE:DMART) Inventory Turnover: 2.56 (As of Mar. 2026)

What is Avenue Supermarts Inventory Turnover?

Avenue Supermarts NSE:DMART -0.95% 98 Inventory Turnover is 2.56 as of Mar. 2026. GuruFocus rates NSE:DMART with a GF Score™ of 98/100 and a GF Value™ of ₹5,562.35 (Modestly Undervalued).

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. Avenue Supermarts's Cost of Goods Sold for the three months ended in Mar. 2026 was ₹151,106 Mil. Avenue Supermarts's Average Total Inventories for the quarter that ended in Mar. 2026 was ₹59,006 Mil. Avenue Supermarts's Inventory Turnover for the quarter that ended in Mar. 2026 was 2.56.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Avenue Supermarts's Days Inventory for the three months ended in Mar. 2026 was 35.63.

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. Avenue Supermarts's Inventory-to-Revenue for the quarter that ended in Mar. 2026 was 0.33.

Avenue Supermarts (NSE:DMART) 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.

Avenue Supermarts'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
	=	59006.4	/	151106.1	*	365 / 4
	=	35.63

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.

Avenue Supermarts'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 )
	=	59006.4	/	176838.6
	=	0.33

* 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.

Avenue Supermarts Inventory Turnover Related Terms

Avenue Supermarts Inventory Turnover Historical Data

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The historical data trend for Avenue Supermarts's Inventory Turnover can be seen below:

Avenue Supermarts Inventory Turnover Chart

Avenue Supermarts Annual Data

Trend

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Mar25

Mar26

Inventory Turnover

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10.59

12.17

12.08

11.27

10.68

Avenue Supermarts 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															2.53	2.75	2.49	2.70	2.56

98GF Score

Avenue Supermarts Ltd NSE:DMART

Inventory Turnover is just one metric. See GF Score™, valuation, warning signs, and more.

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Avenue Supermarts Inventory Turnover Calculation

Avenue Supermarts'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 )
=	584597.3	/ (	(50443.7	+	59006.4)	/	2 )
=	584597.3	/	54725.05
=	10.68

Avenue Supermarts'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 )
=	151106.1	/ (	(0	+	59006.4)	/	1 )
=	151106.1	/	59006.4
=	2.56

Frequently Asked Questions Learn more about Inventory Turnover →

What does a Inventory Turnover of 2.56 mean?

Avenue Supermarts (NSE:DMART) has a Inventory Turnover of 2.56 as of Mar. 2026. Inventory turnover equals current-period cost of goods sold divided by average two-period total inventories. View historical data on Avenue Supermarts and its competitors.

Is Avenue Supermarts' Inventory Turnover too high?

Avenue Supermarts' current Inventory Turnover is 2.56. Overall, Avenue Supermarts has a GF Score™ of 98/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.

How does Avenue Supermarts' Inventory Turnover compare to WMT and COST?

Avenue Supermarts' Inventory Turnover of 2.56 can be compared against companies in the Retail - Defensive 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 - Defensive company?

A good Inventory Turnover depends on the Retail - Defensive 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 Avenue Supermarts and its competitors. Avenue Supermarts's current Inventory Turnover is 2.56. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.

Is Avenue Supermarts stock overvalued right now?

Based on GuruFocus' analysis, Avenue Supermarts (NSE:DMART) is currently considered Modestly Undervalued. The stock's GF Value™ is ₹5,562.35, compared to a current price of ₹4,294.60 — trading 22.8% below its estimated fair value. The current Inventory Turnover is 2.56. Avenue Supermarts' overall GF Score™ is 98/100. 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 Avenue Supermarts (NSE:DMART), the current Inventory Turnover is 2.56 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 Avenue Supermarts (NSE:DMART) Overvalued in 2026?

Based on GuruFocus' analysis, Avenue Supermarts stock appears to be undervalued. The current stock price of ₹4,294.60 is trading 22.8% below its estimated GF Value™ of ₹5,562.35. GuruFocus considers Avenue Supermarts to be Modestly Undervalued.

Key valuation signals for NSE:DMART:

Inventory Turnover: 2.56
GF Value™: ₹5,562.35 vs. price of ₹4,294.60 (22.8% below fair value)
GF Score™: 98/100

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

Avenue Supermarts Business Description

Industry Consumer Defensive Retail - Defensive

Comparable Companies BOM:544514 WMT COST TGT MEX:WALMEX TSX:DOL DG DLTR TSE:7532 BJ PSMT WAR:PCO TBBB OLLI LSE:BME XMAD:DIA TSE:141A XTAE:MAXO OSL:EPR TSE:2782

Other Exchanges 540376:India

Address Road No. 33, Kamgar Hospital Road, Plot No. B-72 and B-72A, Wagle Industrial Estate, Thane, MH, IND, 400604

Website https://www.dmartindia.com

Avenue Supermarts Ltd is an India-based company engaged in the business of organized retail and operates supermarkets under the brand name of D-Mart. It provides products under the categories of Foods, Non-Foods (FMCG) and General Merchandise and Apparel. Foods category includes products such as dairy, staples, groceries, snacks, frozen products, processed foods, beverages and confectionary and fruits and vegetables. Non-Foods (FMCG) comprises home care products, personal care products, toiletries and other over-the-counter products. General Merchandise and Apparel include bed and bath, toys and games, crockery, plastic goods, garments, footwear, utensils and home appliances. The business operations of the company are principally carried out in India.

98GF Score

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₹4,294.60

Price

₹5,562.35

GF Value

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