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 44 other companies have achieved higher inventory turnover ratio. While in terms of ranking among all other companies, the company has moved form 189 in the fourth quarter 2026, to 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	# 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	# 45
Overall Market	# 258

Inventory Turnover Ratio Statistics
High	Average	Low
22.43	16.79	7.76
(June 30. 2008)		(Jan 24 2025)

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
Kulr Technology Group Inc	14.61	$ 15.617 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
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
Jingbo Technology Inc	11.64	$ 1.500 Millions	$ 0 Millions
Netapp Inc	9.80	$ 2,171.000 Millions	$ 222 Millions
Life360 Inc	9.46	$ 127.379 Millions	$ 13 Millions
Powerfleet Inc	9.40	$ 199.632 Millions	$ 21 Millions
Alpha And Omega Semiconductor Limited	7.97	$ 527.383 Millions	$ 66 Millions
Dirtt Environmental Solutions Ltd	7.56	$ 114.408 Millions	$ 15 Millions
Kustom Entertainment Inc	6.86	$ 12.659 Millions	$ 2 Millions
Omniq Corp	6.86	$ 22.678 Millions	$ 3 Millions
Creative Realities Inc	6.80	$ 41.208 Millions	$ 6 Millions
Rekor Systems Inc	6.57	$ 20.803 Millions	$ 3 Millions
Onespan Inc	6.44	$ 64.983 Millions	$ 10 Millions
Synopsys Inc	6.30	$ 2,601.388 Millions	$ 413 Millions
Cemtrex Inc	6.26	$ 43.743 Millions	$ 7 Millions
Radnostix Inc	6.25	$ 5.313 Millions	$ 1 Millions
Jabil Inc	6.02	$ 30,491.000 Millions	$ 5,067 Millions
Logitech International s a	5.83	$ 2,699.977 Millions	$ 463 Millions
Extreme Networks Inc	5.75	$ 493.061 Millions	$ 86 Millions
Itron Inc	5.56	$ 1,385.262 Millions	$ 249 Millions
Cisco Systems Inc	5.30	$ 22,464.000 Millions	$ 4,240 Millions
Hp inc	5.19	$ 47,404.000 Millions	$ 9,137 Millions
Zspace Inc	5.17	$ 11.352 Millions	$ 2 Millions

Date modified: 2026-09-03T12:03:59+00:00

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