NetApp's change in inventory for the quarter that ended in Jan. 2024 was $-9 Mil. It means NetApp's inventory
increased by $9 Mil
from Oct. 2023 to Jan. 2024 .
NetApp's change in inventory for the fiscal year that ended in Apr. 2023 was $37 Mil. It means NetApp's inventory
declined by $37 Mil
from Apr. 2022 to Apr. 2023 .
NetApp's Total Inventories for the quarter that ended in Jan. 2024 was $131 Mil.
Days Inventory indicates the number of days of goods in sales that a company has in the inventory.
NetApp's Days Inventory for the quarter that ended in Jan. 2024 was 25.37.
Inventory Turnover measures how fast the company turns over its inventory within a year.
NetApp's Inventory Turnover for the quarter that ended in Jan. 2024 was 3.60.
Inventory-to-Revenue determines the ability of a company to manage their inventory levels. It measures the percentage of Inventories the company currently has on hand to support the current amount of Revenue.
NetApp's Inventory-to-Revenue for the quarter that ended in Jan. 2024 was 0.08.
NetApp Change In Inventory Historical Data
The historical data trend for NetApp's Change In Inventory can be seen below:
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
Change In Inventory is the difference between last period's ending inventory and the current period's ending inventory.
Change In Inventory for the trailing twelve months (TTM) ended in Jan. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was $45 Mil.
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
NetApp (NAS:NTAP) Change In Inventory Explanation
1. Days Inventory indicates the number of days of goods in sales that a company has in the inventory.
NetApp's Days Inventory for the quarter that ended in is calculated as:
3. Inventory-to-Revenue determines the ability of a company to manage their inventory levels. It measures the percentage of Inventories the company currently has on hand to support the current amount of Revenue.
NetApp's Inventory to Revenue for the quarter that ended in Jan. 2024 is calculated as
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
NetApp Change In Inventory Related Terms
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NetApp Inc is a leading provider of enterprise data management and storage solutions. The company's segments include Hybrid Cloud and Public Cloud. It generates maximum revenue from the Hybrid Cloud segment. The Hybrid Cloud segment offers a portfolio of storage management and infrastructure solutions that help customers recast their traditional data centers with the power of cloud. This portfolio is designed to operate with public clouds to unlock the potential of hybrid, multi-cloud operations. Hybrid Cloud is composed of software, hardware, and related support, as well as professional and other services.
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