Netapp Inc Inventory Turnover Ratio (COS)

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

Due to inventory build up in the first quarter 2026, Netapp Inc 's inventory turnover ratio sequentially decreased to 9.8 in the first quarter 2026, unsurprisingly, as the Netapp Inc markets continue to deteriorate, and NTAP's faces growing challenges to bring down its inventories. Netapp Inc 's average inventory processing period in the Jul 31 2026 quarter, has increased to 37 days, from 29 days, in the Apr 24 2026 quarter.

Within Technology sector 47 other companies have achieved higher inventory turnover ratio. While inventory turnover ranking remained unchanged in the First Quarter 2026 compared to previous quarter at no. 258.

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

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NTAP Inventory Turnover Ratio	(Jul 31 2026) I. Quarter	(Apr 24 2026) IV. Quarter	(Jan 23 2026) III. Quarter	(Oct 24 2025) II. Quarter	(Jul 25 2025) I. Quarter
Y / Y Inventory Growth	181.95 %	6.45 %	0 %	-59.94 %	-37.85 %
Y / Y Cost of Sales Growth	31.45 %	8.16 %	1.61 %	-0.62 %	4.06 %
Inventory Turnover Ratio (TTM)	9.8	12.58	12.54	12.49	9.62
NTAP's Total Ranking	# 258	# 258	# 189	# 308	# 387
Average inventory processing period	37	29	29	29	38
Seq. Inventory Growth	89.39 %	6.45 %	46.46 %	-4.51 %	-28.49 %
Seq. Cost of Sales Growth	3.95 %	15.67 %	5.44 %	3.69 %	-14.47 %

Inventory Turnover Ratio Company Ranking
Within:	No.
Computer Hardware Industry	# 4
Technology Sector	# 48
Overall Market	# 258

Inventory Turnover Ratio Statistics
High	Average	Low
22.71	16.47	8.47
(Jan 27 2017)		(Oct 25 2024)

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

Financial Statements
Netapp Inc 's Inventories	$ 375 Millions	Visit NTAP's Balance sheet
Netapp Inc 's Cost of Revenues TTM	$ 2,171 Millions	Visit NTAP's Income Statement
What are NTAP's Sales?		Visit NTAP's Sales by Segment

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

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

Companies with similar Inventory Turnover Ratio for the quarter ending Jul 31 2026, within Technology Sector	Inventory Turnover Ratio	Cost of revenues at quarter ending Jul 31 2026	Inventories at quarter ending Jul 31 2026
Neogenomics Inc	15.08	$ 429.778 Millions	$ 29 Millions
Kulr Technology Group Inc	14.61	$ 15.617 Millions	$ 1 Millions
Palladyne Ai Corp	14.40	$ 8.438 Millions	$ 1 Millions
Iveda Solutions Inc	13.81	$ 3.362 Millions	$ 0 Millions
Celestica Inc	13.01	$ 13,731.800 Millions	$ 1,055 Millions
Onfolio Holdings Inc	12.79	$ 3.700 Millions	$ 0 Millions
Bnb Plus Corp	12.53	$ 0.973 Millions	$ 0 Millions
Netlist Inc	12.53	$ 278.962 Millions	$ 22 Millions
Quicklogic Corp	12.51	$ 12.075 Millions	$ 1 Millions
Cloudastructure Inc	12.42	$ 3.711 Millions	$ 0 Millions
Franklin Covey Co	12.15	$ 65.213 Millions	$ 5 Millions
Netscout Systems Inc	11.93	$ 177.490 Millions	$ 15 Millions
Firefly Neuroscience Inc	11.90	$ 0.997 Millions	$ 0 Millions
Jingbo Technology Inc	11.64	$ 1.500 Millions	$ 0 Millions
Ftc Solar Inc	10.83	$ 99.391 Millions	$ 9 Millions
Inseego Corp	10.81	$ 102.138 Millions	$ 9 Millions
Knightscope inc	10.19	$ 23.360 Millions	$ 2 Millions
Evolv Technologies Holdings Inc	9.82	$ 85.950 Millions	$ 9 Millions
Netapp Inc	9.80	$ 2,171.000 Millions	$ 222 Millions
Ttm Technologies Inc	9.75	$ 2,661.196 Millions	$ 273 Millions
Par Technology Corporation	9.74	$ 286.827 Millions	$ 29 Millions
Kustom Entertainment Inc	9.64	$ 12.659 Millions	$ 1 Millions
Life360 Inc	9.46	$ 127.379 Millions	$ 13 Millions
Powerfleet Inc	9.40	$ 199.632 Millions	$ 21 Millions
Kvh Industries Inc	9.29	$ 123.808 Millions	$ 13 Millions
Viasat Inc	9.19	$ 2,636.816 Millions	$ 287 Millions
Dell Technologies Inc	9.03	$ 121,262.000 Millions	$ 13,432 Millions
Photronics Inc	8.94	$ 574.549 Millions	$ 64 Millions
Mayville Engineering Company inc	8.33	$ 532.826 Millions	$ 64 Millions
Broadcom Inc	8.31	$ 27,827.000 Millions	$ 3,348 Millions

Date modified: 2026-09-12T06:20:28+00:00

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