PBI (Pitney Bowes) Inventory Turnover: 3.38 (As of Mar. 2026)

What is Pitney Bowes Inventory Turnover?

Pitney Bowes PBI -4.21% 58 Inventory Turnover is 3.38 as of Mar. 2026. GuruFocus rates PBI with a GF Score™ of 58/100 and a GF Value™ of $7.59 (Significantly Overvalued). The stock has 5 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. Pitney Bowes's Cost of Goods Sold for the three months ended in Mar. 2026 was $218 Mil. Pitney Bowes's Average Total Inventories for the quarter that ended in Mar. 2026 was $64 Mil. Pitney Bowes's Inventory Turnover for the quarter that ended in Mar. 2026 was 3.38.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Pitney Bowes's Days Inventory for the three months ended in Mar. 2026 was 27.01.

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. Pitney Bowes's Inventory-to-Revenue for the quarter that ended in Mar. 2026 was 0.13.

Pitney Bowes (NYSE:PBI) 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.

Pitney Bowes'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
	=	64.426	/	217.63	*	365 / 4
	=	27.01

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.

Pitney Bowes'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 )
	=	64.426	/	477.413
	=	0.13

* 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.

Pitney Bowes Inventory Turnover Related Terms

Pitney Bowes Inventory Turnover Historical Data

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The historical data trend for Pitney Bowes's Inventory Turnover can be seen below:

Pitney Bowes Inventory Turnover Chart

Pitney Bowes Annual Data

Trend

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

Dec25

Inventory Turnover

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34.01

17.02

14.29

15.69

13.78

Pitney Bowes 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															3.59	2.98	2.78	3.03	3.38

58GF Score

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Pitney Bowes Inventory Turnover Calculation

Pitney Bowes's Inventory Turnover for the fiscal year that ended in Dec. 2025 is calculated as

	Inventory Turnover (A: Dec. 2025 )
=	Cost of Goods Sold	/	Average Total Inventories
=	Cost of Goods Sold (A: Dec. 2025 )	/ (	(Total Inventories (A: Dec. 2024 )	+	Total Inventories (A: Dec. 2025 ))	/	count )
=	868.767	/ (	(59.836	+	66.241)	/	2 )
=	868.767	/	63.0385
=	13.78

Pitney Bowes'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 )
=	217.63	/ (	(66.241	+	62.611)	/	2 )
=	217.63	/	64.426
=	3.38

Frequently Asked Questions Learn more about Inventory Turnover →

What does a Inventory Turnover of 3.38 mean?

Pitney Bowes (PBI) has a Inventory Turnover of 3.38 as of Mar. 2026. Inventory turnover equals current-period cost of goods sold divided by average two-period total inventories. View historical data on Pitney Bowes and its competitors.

Is Pitney Bowes' Inventory Turnover too high?

Pitney Bowes' current Inventory Turnover is 3.38. Overall, Pitney Bowes has a GF Score™ of 58/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.

How does Pitney Bowes' Inventory Turnover compare to HUBG and CYRX?

Pitney Bowes' Inventory Turnover of 3.38 can be compared against companies in the Transportation 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 Transportation company?

A good Inventory Turnover depends on the Transportation 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 Pitney Bowes and its competitors. Pitney Bowes's current Inventory Turnover is 3.38. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.

Is Pitney Bowes stock overvalued right now?

Based on GuruFocus' analysis, Pitney Bowes (PBI) is currently considered Significantly Overvalued. The stock's GF Value™ is $7.59, compared to a current price of $16.82 — trading 121.6% above its estimated fair value. The current Inventory Turnover is 3.38. Pitney Bowes' overall GF Score™ is 58/100 with 5 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 Pitney Bowes (PBI), the current Inventory Turnover is 3.38 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 Pitney Bowes (PBI) Overvalued in 2026?

Based on GuruFocus' analysis, Pitney Bowes stock appears to be overvalued. The current stock price of $16.82 is trading 121.6% above its estimated GF Value™ of $7.59. GuruFocus considers Pitney Bowes to be Significantly Overvalued.

Key valuation signals for PBI:

Inventory Turnover: 3.38
GF Value™: $7.59 vs. price of $16.82 (121.6% above fair value)
GF Score™: 58/100 with 5 warning signs

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

Pitney Bowes Business Description

Industry Industrials Transportation

Comparable Companies HUBG CYRX FWRD RLGT PAL SFWL CRGO NCEW JANL SLGB UPS FDX XTER:DHL OCSE:DSV XSWX:KNIN JBHT SZSE:002352 FDXF CHRW EXPD

Other Exchanges PBW:Germany PBI:Argentina

Address 27 Waterview Drive, Shelton, CT, USA, 06484

Website https://www.pitneybowes.com

Pitney Bowes Inc is a technology-driven company that provides SaaS shipping solutions, mailing innovation, and financial services to clients around the globe. The company's reportable segments are SendTech Solutions and Presort Services. SendTech Solutions includes the revenue and related expenses from physical and digital mailing and shipping technology solutions, financing, services, supplies and other applications to help simplify and save on the sending, tracking and receiving of letters, parcels and flats. Presort Services includes the revenue and related expenses from sortation services to qualify large volumes of First Class Mail, Marketing Mail and Marketing Mail Flats/Bound Printed Matter for postal work sharing discounts. It derives maximum revenue from SendTech Solutions.

58GF Score

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$16.82

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