Swiggy (NSE:SWIGGY) Inventory Turnover: 38.36 (As of Mar. 2026)

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NSE:SWIGGY Swiggy Ltd NSE:SWIGGY
22 GF Score
Price ₹266.77
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What is Swiggy Inventory Turnover?

Swiggy NSE:SWIGGY -2.37% 22 Inventory Turnover is 38.36 as of Mar. 2026. GuruFocus rates NSE:SWIGGY with a GF Score™ of 22/100.

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. Swiggy's Cost of Goods Sold for the three months ended in Mar. 2026 was ₹29,150 Mil. Swiggy's Average Total Inventories for the quarter that ended in Mar. 2026 was ₹760 Mil. Swiggy's Inventory Turnover for the quarter that ended in Mar. 2026 was 38.36.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Swiggy's Days Inventory for the three months ended in Mar. 2026 was 2.38.

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. Swiggy's Inventory-to-Revenue for the quarter that ended in Mar. 2026 was 0.01.

Swiggy  (NSE:SWIGGY) 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.

Swiggy'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
=760/29150*365 / 4
=2.38

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.

Swiggy'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 )
=760 / 63830
=0.01

* 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.

Swiggy Inventory Turnover Related Terms

Swiggy Inventory Turnover Historical Data

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The historical data trend for Swiggy'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.

Swiggy Inventory Turnover Chart

Swiggy Annual Data
Trend Mar22 Mar23 Mar24 Mar25 Mar26
Inventory Turnover
148.10 269.98 166.78 115.21 153.12

Swiggy Quarterly Data
Mar22 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 33.39 37.20 34.96 40.99 38.36
NSE:SWIGGY
22GF Score
Swiggy Ltd NSE:SWIGGY
Inventory Turnover is just one metric. See GF Score™, valuation, warning signs, and more.
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Swiggy Inventory Turnover Calculation

Swiggy'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 )
=100670 / ((554.88 + 760) / 2 )
=100670 / 657.44
=153.12

Swiggy'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 )
=29150 / ((0 + 760) / 1 )
=29150 / 760
=38.36

* 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 38.36 mean?
Swiggy (NSE:SWIGGY) has a Inventory Turnover of 38.36 as of Mar. 2026. Inventory turnover equals current-period cost of goods sold divided by average two-period total inventories. View historical data on Swiggy and its competitors.
Is Swiggy's Inventory Turnover too high?
Swiggy's current Inventory Turnover is 38.36. Overall, Swiggy has a GF Score™ of 22/100, reflecting its overall financial health beyond just this single metric.
How does Swiggy's Inventory Turnover compare to AMZN and BABA?
Swiggy's Inventory Turnover of 38.36 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 Swiggy and its competitors. Swiggy's current Inventory Turnover is 38.36. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Swiggy stock overvalued right now?
Swiggy (NSE:SWIGGY) has a current Inventory Turnover of 38.36. The current Inventory Turnover is 38.36. Swiggy's overall GF Score™ is 22/100. 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 Swiggy (NSE:SWIGGY), the current Inventory Turnover is 38.36 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.

Swiggy Business Description

Other Exchanges 544285:India
Address Outer Ring Road, No. 55, Sy No. 8-14, Ground Floor, I&J Block, Embassy Tech Village, Devarbisanahalli, Bengaluru, KA, IND, 560103
Swiggy Ltd is a consumer-first technology company offering users an easy to use convenience platform, accessible through a unified app to browse, select, order and pay for food (Food Delivery), grocery and household items (Instamart), and have their orders delivered to their doorstep through on-demand delivery partner network. Its platform can be used to make restaurant reservations (Dineout) and for events bookings (SteppinOut). It has five business segments: Food Delivery, Out of home consumption, Quick commerce. Supply chain and distribution and Platform Innovations. Key revenue is generated from Food delivery business that offer on demand Food Delivery services through a network of restaurant partners and delivery partners, which is available through mobile application and or website.
22GF Score

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

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