What is Qorvo's inventory turnover?

Qorvo (QRVO) reported inventory turnover of 3.3× in Q1 2026.

How has Qorvo's inventory turnover changed year-over-year?

Qorvo's inventory turnover increased by 3.1% year-over-year, from 3.2× to 3.3×.

What is the long-term trend for Qorvo's inventory turnover?

Over 5 years (2021 to 2026), Qorvo's inventory turnover has grown at a -4.3% compound annual growth rate (CAGR), from 4.2× to 3.3×.

What does inventory turnover mean?

Trailing-twelve-month cost of revenue divided by average inventory. Measures how many times inventory is sold and replaced over the year.

Qorvo QRVO Inventory turnover

Inventory turnover at other companies

Skyworks SolutionsSWKS

3×0.0×

QualcommQCOM

3×-0.1×

TTM TechnologiesTTMI

9.3×+0.7×

MACOM Technology SolutionsMTSI

2.1×+0.1×

Broadcom Inc.AVGO

7.5×-2.5×

Amkor TechnologyAMKR

14.7×-1.6×

Other financials

Income statement

See full

Revenue$808.3M-7.0%

Gross profit$395.0M+7.8%

Operating income$31.5M+11.7%

Net income$29.7M-5.2%

EPS (diluted)$0.32-3.0%

Balance sheet

See full

Cash & equivalents$1.2B+19.4%

Total debt$1.6B-0.3%

Total equity$3.3B-1.4%

Total assets$5.8B-1.8%

Cash flow

See full

Operating cash flow$276.3M+38.7%

CapEx$21.2M-25.5%

Free cash flow$255.0M+49.4%

Valuation

See full

Market cap$8.66B+6.1%

Enterprise value$9.05B+2.9%

P/E25.6×-121×

P/S2.4×+0.2×

Profitability

See full

Gross margin45.9%+4.6pp

Operating margin11.2%+8.6pp

Net margin9.2%+7.7pp

FCF margin18.5%+5.4pp

Returns & leverage

See full

Return on equity10.1%+8.5pp

Debt / equity0.5×0.0×

Current ratio3.2×+0.5×

Where this comes from

Calculated from Qorvo’s reported figures.

total cost of revenue/inventories=3.3×

Based on trailing twelve months.

The official record: Qorvo’s 10-K, filed May 8, 2026, on SEC EDGAR. View the filing →

Ask your AI about Qorvo's inventory turnover.

Connect your AI assistant and compare it to peers, right in your chat.

Connect your AI

Claude

Questions, answered.

What is Qorvo's inventory turnover?: Qorvo (QRVO) reported inventory turnover of 3.3× in Q1 2026.
How has Qorvo's inventory turnover changed year-over-year?: Qorvo's inventory turnover increased by 3.1% year-over-year, from 3.2× to 3.3×.
What is the long-term trend for Qorvo's inventory turnover?: Over 5 years (2021 to 2026), Qorvo's inventory turnover has grown at a -4.3% compound annual growth rate (CAGR), from 4.2× to 3.3×.
What does inventory turnover mean?: Trailing-twelve-month cost of revenue divided by average inventory. Measures how many times inventory is sold and replaced over the year.