Tech Mahindra (NSE:TECHM) Inventory Turnover: 92.78 (As of Jun. 2026)

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NSE:TECHM Tech Mahindra Ltd NSE:TECHM
82 GF Score
Price ₹1,498.70
GF Value ₹1,567.49
Valuation Fairly Valued
! 3 Warning Signs
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What is Tech Mahindra Inventory Turnover?

Tech Mahindra NSE:TECHM +0.97% 82 Inventory Turnover is 92.78 as of Jun. 2026. GuruFocus rates NSE:TECHM with a GF Score™ of 82/100 and a GF Value™ of ₹1,567.49 (Fairly Valued). 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. Tech Mahindra's Cost of Goods Sold for the three months ended in Jun. 2026 was ₹96,675 Mil. Tech Mahindra's Average Total Inventories for the quarter that ended in Jun. 2026 was ₹1,042 Mil. Tech Mahindra's Inventory Turnover for the quarter that ended in Jun. 2026 was 92.78.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Tech Mahindra's Days Inventory for the three months ended in Jun. 2026 was 0.98.

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. Tech Mahindra's Inventory-to-Revenue for the quarter that ended in Jun. 2026 was 0.01.

Tech Mahindra  (NSE:TECHM) 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.

Tech Mahindra'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
=1042/96675*365 / 4
=0.98

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.

Tech Mahindra'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 )
=1042 / 157119
=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.

Tech Mahindra Inventory Turnover Related Terms

Tech Mahindra Inventory Turnover Historical Data

* Premium members only.

The historical data trend for Tech Mahindra'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.

Tech Mahindra Inventory Turnover Chart

Tech Mahindra Annual Data
Trend Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
Inventory Turnover
Get a 7-Day Free Trial Premium Member Only Premium Member Only 968.62 1,208.08 1,277.50 1,009.63 568.16

Tech Mahindra Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
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 223.60 94.41 94.75 92.04 92.78
NSE:TECHM
82GF Score
Tech Mahindra Ltd NSE:TECHM
Inventory Turnover is just one metric. See GF Score™, valuation, warning signs, and more.
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Tech Mahindra Inventory Turnover Calculation

Tech Mahindra'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 )
=407939 / ((394 + 1042) / 2 )
=407939 / 718
=568.16

Tech Mahindra'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 )
=96675 / ((1042 + 0) / 1 )
=96675 / 1042
=92.78

* 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 92.78 mean?
Tech Mahindra (NSE:TECHM) has a Inventory Turnover of 92.78 as of Jun. 2026. Inventory turnover equals current-period cost of goods sold divided by average two-period total inventories. View historical data on Tech Mahindra and its competitors.
Is Tech Mahindra's Inventory Turnover too high?
Tech Mahindra's current Inventory Turnover is 92.78. Overall, Tech Mahindra has a GF Score™ of 82/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Tech Mahindra's Inventory Turnover compare to IBM and ACN?
Tech Mahindra's Inventory Turnover of 92.78 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 Tech Mahindra and its competitors. Tech Mahindra's current Inventory Turnover is 92.78. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Tech Mahindra stock overvalued right now?
Based on GuruFocus' analysis, Tech Mahindra (NSE:TECHM) is currently considered Fairly Valued. The stock's GF Value™ is ₹1,567.49, compared to a current price of ₹1,498.70 — trading 4.4% below its estimated fair value. The current Inventory Turnover is 92.78. Tech Mahindra's overall GF Score™ is 82/100 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 Tech Mahindra (NSE:TECHM), the current Inventory Turnover is 92.78 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.

Is Tech Mahindra (NSE:TECHM) Overvalued in 2026?

Based on GuruFocus' analysis, Tech Mahindra stock appears to be undervalued. The current stock price of ₹1,498.70 is trading 4.4% below its estimated GF Value™ of ₹1,567.49. GuruFocus considers Tech Mahindra to be Fairly Valued.

Key valuation signals for NSE:TECHM:

  • Inventory Turnover: 92.78
  • GF Value™: ₹1,567.49 vs. price of ₹1,498.70 (4.4% below fair value)
  • GF Score™: 82/100 with 3 warning signs

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

Tech Mahindra Business Description

Other Exchanges 532755:India
Address Plot No. 1, Phase III, Rajiv Gandhi Infotech Park, Hinjewadi, Pune, MH, IND, 411 057
Tech Mahindra Ltd is an IT services and consulting company in India. It offers a variety of technology solutions and services in addition to business process services. Its segments are Information Technology and Business Process Services. The technology solutions include helping companies engage in cloud software, mobile solutions, network services, cybersecurity, and a variety of other options. The business process service is offered across various industries including telecom, financial services, retail, energy, hospitality, high-tech, agriculture, and food beverage. The company generates the majority of its revenue from Communications & Media & Entertainment Industry. Geographically the company generates the majority of its revenue from the Americas.
82GF Score

Get the complete analysis for NSE:TECHM

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

₹1,498.70
Price
₹1,567.49
GF Value