Shopify Inc Inventory Turnover Ratio (COS)

Cost of Sales Formula, Quarterly Results, Trends, Rankings, Statistics

According to the latest Balance sheet Mar 31 2026, Shopify Inc has not recorded any inventories.
Visit Shopify Inc Balance sheet

Within Technology sector Shopify Inc achieved the highest inventory turnover ratio. While inventory turnover ranking remained unchanged in the First Quarter 2026 compared to previous quarter at no. .

SHOP Inventory Turnover Ratio using Sales Formula
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What is Inventory Turnover Ratio?

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SHOP Inventory Turnover Ratio	(Mar 31 2026) I. Quarter	(Dec 31 2025) IV. Quarter	(Sep 30 2025) III. Quarter	(Jun 30 2025) II. Quarter	(Mar 31 2025) I. Quarter
Y / Y Inventory Growth	-	-19.23 %	-	-	-
Y / Y Cost of Sales Growth	36.36 %	35.55 %	39.18 %	37.8 %	31.75 %
Inventory Turnover Ratio (TTM)	-	1143.05	-	-	-
SHOP's Total Ranking	#	#	#	#	#
Average inventory processing period	-	0	-	-	-
Seq. Inventory Growth	-	-	-	-	-
Seq. Cost of Sales Growth	-17.94 %	36.2 %	5.44 %	15.7 %	-18.42 %

Inventory Turnover Ratio Company Ranking
Within:	No.
Software & Programming Industry	#
Technology Sector	#
Overall Market	#

Inventory Turnover Ratio Statistics
High	Average	Low
0	0	0

SHOP Company Profile >> Back to SHOP Efficiency Comparisons >> Compare SHOP Inventory Turnover Ratio to its Competitors

Financial Statements
Shopify Inc 's Inventories	$ 0 Millions	Visit SHOP's Balance sheet
Shopify Inc 's Cost of Revenues TTM	$ 6,434 Millions	Visit SHOP's Income Statement
What are SHOP's Sales?		Visit SHOP's Sales by Segment

Other Inventory Turnover Ratios
Shopify Inc 's Inventory to Sales Ratio
U.S. Durable Goods Inventory to Shipment Ratio By Product
Software & Programming Industry Inventory Turnover Trends and Statistics
Technology Sector Inventory Turnover Statistics
Inventory Turnover Trends for overall market
SHOP's Inventory Turnover Ratio versus Software & Programming Industry, Technology Sector and total Market
Highest Ranking Inventory Turnover
Lowest Ranking Inventory Turnover
Inventory Turnover for SHOP's Competitors
Inventory Turnover Ratio for SHOP's Suppliers
Inventory Turnover Ratio for SHOP's Customers

You may also want to know
SHOP's Sales Growth Rates	SHOP's Pe Price to earnings ratio	SHOP's Receivables Turnover Ratio	SHOP's Stock Quote
SHOP's Net Income Growth Rates	SHOP's Ps Price to Sales ratio	SHOP's Sales per Employee	SHOP's Asset Turnover Ratio
SHOP's Net Margin	SHOP's Pb Price to Book ratio	SHOP's Financial Strength Ratios	SHOP's Dividend Payout Ratio

Companies with similar Inventory Turnover Ratio for the quarter ending Mar 31 2026, within Technology Sector

Inventory Turnover Ratio

Cost of revenues at quarter ending Mar 31 2026

Inventories at quarter ending Mar 31 2026

Date modified: 2026-06-23T19:41:31+00:00

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