NetApp NTAP Inventory turnover
Inventory turnover at other companies
Other financials
Where this comes from
Calculated from NetApp’s reported figures.
Based on trailing twelve months.
The official record: NetApp’s 10-K, filed June 5, 2026, on SEC EDGAR. View the filing →
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Questions, answered.
- What is NetApp's inventory turnover?
- NetApp (NTAP) reported inventory turnover of 10.6× in Q1 2026.
- How has NetApp's inventory turnover changed year-over-year?
- NetApp's inventory turnover increased by 0.2% year-over-year, from 10.5× to 10.6×.
- What is the long-term trend for NetApp's inventory turnover?
- Over 5 years (2021 to 2026), NetApp's inventory turnover has grown at a -7.9% compound annual growth rate (CAGR), from 62.4× to 41.4×.
- 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.