Pine Labs (NSE:PINELABS) Inventory Turnover: 6.41 (As of Jun. 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:PINELABS Pine Labs Ltd NSE:PINELABS
9 GF Score
Price ₹157.54
! 3 Warning Signs
View Full Analysis

What is Pine Labs Inventory Turnover?

Pine Labs NSE:PINELABS +0.40% 9 Inventory Turnover is 6.41 as of Jun. 2026. GuruFocus rates NSE:PINELABS with a GF Score™ of 9/100. 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. Pine Labs's Cost of Goods Sold for the three months ended in Jun. 2026 was ₹2,043 Mil. Pine Labs's Average Total Inventories for the quarter that ended in Jun. 2026 was ₹319 Mil. Pine Labs's Inventory Turnover for the quarter that ended in Jun. 2026 was 6.41.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Pine Labs's Days Inventory for the three months ended in Jun. 2026 was 14.23.

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. Pine Labs's Inventory-to-Revenue for the quarter that ended in Jun. 2026 was 0.04.

Pine Labs  (NSE:PINELABS) 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.

Pine Labs's Days Inventory for the three months ended in Jun. 2026 is calculated as:

Days Inventory =Average Total Inventories (Q: Jun. 2026 )/Cost of Goods Sold (Q: Jun. 2026 )*Days in Period
=318.5/2043*365 / 4
=14.23

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.

Pine Labs's Inventory to Revenue for the quarter that ended in Jun. 2026 is calculated as

Inventory-to-Revenue=Average Total Inventories (Q: Jun. 2026 ) / Revenue (Q: Jun. 2026 )
=318.5 / 7369.2
=0.04

* 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.

Pine Labs Inventory Turnover Related Terms

Pine Labs Inventory Turnover Historical Data

* Premium members only.

The historical data trend for Pine Labs'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.

Pine Labs Inventory Turnover Chart

Pine Labs Annual Data
Trend Mar23 Mar24 Mar25 Mar26
Inventory Turnover
7.94 11.32 18.77 21.61

Pine Labs Quarterly Data
Mar23 Mar24 Jun24 Dec24 Mar25 Jun25 Dec25 Mar26 Jun26
Inventory Turnover Get a 7-Day Free Trial Premium Member Only 5.11 4.65 6.82 5.88 6.41
NSE:PINELABS
9GF Score
Pine Labs Ltd NSE:PINELABS
Inventory Turnover is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Pine Labs Inventory Turnover Calculation

Pine Labs'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 )
=6694.1 / ((301 + 318.5) / 2 )
=6694.1 / 309.75
=21.61

Pine Labs's Inventory Turnover for the quarter that ended in Jun. 2026 is calculated as

Inventory Turnover (Q: Jun. 2026 )
=Cost of Goods Sold / Average Total Inventories
=Cost of Goods Sold (Q: Jun. 2026 ) / ((Total Inventories (Q: Mar. 2026 ) + Total Inventories (Q: Jun. 2026 )) / count )
=2043 / ((318.5 + 0) / 1 )
=2043 / 318.5
=6.41

* 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 6.41 mean?
Pine Labs (NSE:PINELABS) has a Inventory Turnover of 6.41 as of Jun. 2026. Inventory turnover equals current-period cost of goods sold divided by average two-period total inventories. View historical data on Pine Labs and its competitors.
Is Pine Labs' Inventory Turnover too high?
Pine Labs' current Inventory Turnover is 6.41. Overall, Pine Labs has a GF Score™ of 9/100, reflecting its overall financial health beyond just this single metric.
How does Pine Labs' Inventory Turnover compare to MSFT and ORCL?
Pine Labs' Inventory Turnover of 6.41 can be compared against companies in the Software 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 Software company?
A good Inventory Turnover depends on the Software 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 Pine Labs and its competitors. Pine Labs's current Inventory Turnover is 6.41. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Pine Labs stock overvalued right now?
Pine Labs (NSE:PINELABS) has a current Inventory Turnover of 6.41. The current Inventory Turnover is 6.41. Pine Labs' overall GF Score™ is 9/100 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 Pine Labs (NSE:PINELABS), the current Inventory Turnover is 6.41 as of Jun. 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.

Pine Labs Business Description

Other Exchanges 544606:India
Address Tower 6, Plot No. B2, Candor Techspace, 4th & 5th Floor, Sector 62, Noida, UP, IND, 201 301
Pine Labs Ltd is a technology company digitizing commerce for merchants, brands, enterprises, and financial institutions. It operates two segments: Digital Infrastructure and Transaction Platform, which contributes the majority of its revenue through in-store and online payments, affordability, value-added services, and transaction processing; and Issuing and Acquiring Platform, providing prepaid, loyalty, rewards, and card issuing and acquiring solutions. Its offerings include UPI and payment gateway services, gift cards, card management, and fintech infrastructure. Pine Labs serves banks, corporates, government, fintech, e-commerce, and startups across multiple industries, enabling customer acquisition, onboarding, expense management, rewards, refunds, and embedded bill payments.
9GF Score

Get the complete analysis for NSE:PINELABS

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

₹157.54
Price