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Netapp Inc   (NTAP)
Other Ticker:  
 
    Sector  Technology    Industry Computer Hardware
   Industry Computer Hardware
   Sector  Technology

Netapp Inc 's Working Capital Ratio

NTAP's quarterly Working Capital Ratio and Current Assets, Current Liabilities growth


In the wake of the increase in Current Liabilities in the second quarter 2023, Working Capital Ratio fell to 2.31 below Netapp Inc average.

Within Computer Hardware industry 2 other companies have achieved higher Working Capital Ratio than Netapp Inc in second quarter 2023. While Working Capital Ratio total ranking in the second quarter 2023 has deteriorated compared to the prior quarter from 1268 to 1915.

Explain Working Capital Ratio
How much in Current Assets NTAP´s has?
What is the value of NTAP´s Current Liabilities?


NTAP Working Capital Ratio (Oct 27 2023)
II. Quarter
(Jul 28 2023)
I. Quarter
(Apr 28 2023)
IV. Quarter
(Jan 27 2023)
III. Quarter
(Oct 28 2022)
II. Quarter
Y / Y Current Liabilities Change 23.31 % -24.55 % -29.91 % -14.91 % 14.25 %
Y / Y Current Assets Change -13.25 % -15.48 % -21.28 % -17.65 % -18.8 %
Working Capital Ratio MRQ 2.31 3.71 3.75 3.58 3.28
NTAP's Total Ranking # 1915 # 1268 # 1313 # 568 # 1409
Seq. Current Liabilities Change 54.19 % -10.17 % -1.42 % -9.69 % -5.65 %
Seq. Current Assets Change -4.01 % -11.11 % 3.08 % -1.37 % -6.48 %



Working Capital Ratio second quarter 2023 Company Ranking
Within: No.
Computer Hardware Industry # 3
Technology Sector # 297
Overall Market # 1915


Working Capital Ratio Statistics
High Average Low
5.05 2.6 1.42
(Jul 30 2021)   (Jul 26 2019)




Financial Statements
Netapp Inc 's Current Liabilities $ 1,730 Millions Visit NTAP's Balance sheet
Netapp Inc 's Current Assets $ 3,993 Millions Visit NTAP's Balance sheet
Source of NTAP's Sales Visit NTAP's Sales by Geography


Cumulative Netapp Inc 's Working Capital Ratio

NTAP's Working Capital Ratio for the trailling 12 Months

NTAP Working Capital Ratio

(Oct 27 2023)
II. Quarter
(Jul 28 2023)
I. Quarter
(Apr 28 2023)
IV. Quarter
(Jan 27 2023)
III. Quarter
(Oct 28 2022)
II. Quarter
Y / Y Current Liabilities TTM Growth 23.31 % -24.55 % -29.91 % -14.91 % 14.25 %
Y / Y Current Assets TTM Growth -13.25 % -15.48 % -21.28 % -17.65 % -18.8 %
Working Capital Ratio TTM 3.24 3.57 3.47 3.37 3.41
Total Ranking TTM # 1512 # 4122 # 4224 # 4223 # 1380
Seq. Current Liabilities TTM Growth 54.19 % -10.17 % -1.42 % -9.69 % -5.65 %
Seq. Current Assets TTM Growth -4.01 % -11.11 % 3.08 % -1.37 % -6.48 %


On the trailing twelve months basis Due to jump in Current Liabilities in the II Quarter 2023 to $1,730.00 millions, cumulative Working Capital Ratio decreased to 3.24 above the NTAP average Working Capital Ratio.
Working Capital Ratio is the average cumulative value over the last four quarters.

Among companies operating within Computer Hardware industry just one company has achieved higher Working Capital Ratio during the twelve months ending in the Oct 27 2023. While Working Capital Ratio overall ranking has improved so far to 1512, from total ranking during the twelve months ending first quarter 2023 at 4122.

Explain Working Capital Ratio
How much in Current Assets NTAP´s has?
What is the value of NTAP´s Current Liabilities?

TTM Working Capital Ratio Company Ranking
Within: No.
Within the Computer Hardware Industry # 2
Technology Sector # 251
Within the Market # 1512


trailing twelve months Working Capital Ratio Statistics
High Average Low
3.14 2.02 1.26
(Oct. 30, 2005)   (Oct 27 2023)




Companies with similar Working Capital Ratio in the quarter ending Oct 27 2023, within Computer Hardware Industry Working Capital RatioOct 27 2023 MRQ Current AssetsOct 27 2023 MRQ Current Liabilities
One Stop Systems Inc   4.24 $ 45.047  Millions$ 10.632  Millions
Omnicell inc  2.47 $ 913.751  Millions$ 369.361  Millions
Netapp Inc   2.31 $ 3,993.000  Millions$ 1,730.000  Millions
Super Micro Computer Inc   2.23 $ 3,570.834  Millions$ 1,604.821  Millions
Socket Mobile Inc   1.85 $ 11.046  Millions$ 5.986  Millions
Pure Storage Inc   1.82 $ 2,247.026  Millions$ 1,237.901  Millions
Western Digital Corporation  1.31 $ 7,577.000  Millions$ 5,792.000  Millions
Seagate Technology Holdings Plc  1.07 $ 2,636.000  Millions$ 2,473.000  Millions
Apple Inc   0.99 $ 143,566.000  Millions$ 145,308.000  Millions
Hewlett Packard Enterprise Company  0.87 $ 18,948.000  Millions$ 21,882.000  Millions
Dell Technologies Inc   0.76 $ 36,987.000  Millions$ 48,877.000  Millions
Hp Inc   0.73 $ 17,977.000  Millions$ 24,488.000  Millions

Date modified: 2023-12-01T15:11:34+00:00



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