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Amazon AMZN Inventory turnover

Inventory turnover at other companies

International Business Machines logo
International Business MachinesIBM
19.7×-0.7×
Lowe's Companies logo
Lowe's CompaniesLOW
3.2×+0.2×
Walmart
 logo
Walmart WMT
9.1×-0.1×
TJX Companies logo
TJX CompaniesTJX
5.7×-0.2×
Apple logo
AppleAAPL
36.2×+2.0×
Best Buy logo
Best BuyBBY
-0.1×

Other financials

Income statement

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Revenue$181.52B+16.6%
Gross profit$94.1B+19.5%
Operating income$23.9B+29.6%
Net income$30.3B+76.6%
EPS (diluted)$2.78+74.8%

Balance sheet

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Cash & equivalents$101.82B+53.8%
Total debt$232.71B+52.2%
Total equity$441.91B+44.5%
Total assets$916.63B+42.5%

Cash flow

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Operating cash flow$26.0B+53.0%
CapEx$44.2B+76.7%
Free cash flow-$18.2B-127%

Valuation

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Market cap$2.55T+10.9%
Enterprise value$2.69T+12.5%
P/E32.3×-2.6×
P/S3.4×-0.1×

Profitability

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Gross margin50.6%+1.4pp
Operating margin11.5%+0.5pp
Net margin10.6%+0.5pp

Returns & leverage

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Return on equity21.1%-4.1pp
Debt / equity0.5×0.0×
Current ratio1.2×+0.1×

Where this comes from

Calculated from Amazon’s reported figures.

Based on trailing twelve months.

The official record: Amazon’s 10-Q, filed April 30, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is Amazon's inventory turnover?
Amazon (AMZN) reported inventory turnover of 10.1× in Q1 2026.
How has Amazon's inventory turnover changed year-over-year?
Amazon's inventory turnover increased by 2.7% year-over-year, from 9.9× to 10.1×.
What is the long-term trend for Amazon's inventory turnover?
Over 4 years (2021 to 2025), Amazon's inventory turnover has grown at a -3.5% compound annual growth rate (CAGR), from 43.3× to 37.6×.
What does inventory turnover mean?
How many times a year the company sells through and restocks its inventory.
How do you interpret inventory turnover?
Higher turnover ties up less cash in stock and reduces obsolescence risk, but too high can signal stock-outs and lost sales. Read against peers and the company's own history.
How does inventory turnover compare across companies?
Only meaningful for businesses that carry inventory; automatically null for asset-light and financial firms with no inventory line.