Apple's Total Inventories for the
three
months ended in Mar. 2022 was $5,668 Mil. Apple's Cost of Goods Sold for the
three
months ended in Mar. 2022 was $54,719 Mil.
Hence, Apple's Days Inventory for the
three
months ended in Mar. 2022 was 9.45.
The historical rank and industry rank for Apple's Days Inventory or its related term are showing as below:
AAPL'
s Days Inventory Range Over the Past 10 Years
Min: 3.26 Med: 7.55 Max: 9.82
Current: 9.45
During the past 13 years, Apple's highest Days Inventory was 9.82. The lowest was 3.26. And the median was 7.55.
AAPL's Days Inventory is ranked better than 98.13% of 2302
companies
in the Hardware industry
Industry Median: 91.85
vs AAPL: 9.45
Apple's Days Inventory
increased
from Mar. 2021 (9.03) to Mar. 2022 (9.45).
It might indicate that Apple's sales slowed down.
Inventory Turnover measures how fast the company turns over its inventory within a year.
Apple's Inventory Turnover for the
three
months ended in Mar. 2022 was 9.65.
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.
Apple's Inventory-to-Revenue for the
three
months ended in Mar. 2022 was 0.06.
Apple Days Inventory Historical Data
The historical data trend for Apple's Days 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.
* Premium members only.
Apple Annual Data
Trend
Sep12
Sep13
Sep14
Sep15
Sep16
Sep17
Sep18
Sep19
Sep20
Sep21
Days Inventory
9.04
9.82
9.09
8.79
9.12
Apple Quarterly Data
Jun17
Sep17
Dec17
Mar18
Jun18
Sep18
Dec18
Mar19
Jun19
Sep19
Dec19
Mar20
Jun20
Sep20
Dec20
Mar21
Jun21
Sep21
Dec21
Mar22
Days Inventory
9.03
10.27
11.13
8.15
9.45
Competitive Comparison
For the Consumer Electronics subindustry, Apple's Days Inventory, along with its competitors' market caps and Days Inventory data, can be viewed below:
* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.
Apple Days Inventory Distribution
For the Hardware industry and Technology sector, Apple's Days Inventory distribution charts can be found below:
* The bar in red indicates where Apple's Days Inventory falls into.
Apple Days Inventory Calculation
Days Inventory indicates the number of days of goods in sales that a company has in the inventory.
Apple's Days Inventory for the fiscal year that ended in Sep. 2021 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.
Apple (NAS:AAPL) Days Inventory Explanation
An increase of Days Inventory may indicate the company's sales slowed.
1. Total Inventories can be measured by Days Sales of Inventory (DSI).
Apple's Days Sales of Inventory for the
three
months ended in Mar. 2022 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.
Apple's Inventory to Revenue for the
three
months ended in Mar. 2022 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.
Be Aware
A lot of business are seasonable. It makes more sense to compare Days Inventory from the same period in the previous year instead of from the previous quarter.
Apple Days Inventory Related Terms
Thank you for viewing the detailed overview of Apple's Days Inventory provided by GuruFocus.com. Please click on the following links to see related term pages.
Apple designs a wide variety of consumer electronic devices, including smartphones (iPhone), tablets (iPad), PCs (Mac), smartwatches (Apple Watch), AirPods, and TV boxes (Apple TV), among others. The iPhone makes up the majority of Apple's total revenue. In addition, Apple offers its customers a variety of services such as Apple Music, iCloud, Apple Care, Apple TV+, Apple Arcade, Apple Card, and Apple Pay, among others. Apple's products run internally developed software and semiconductors, and the firm is well known for its integration of hardware, software and services. Apple's products are distributed online as well as through company-owned stores and third-party retailers. The company generates roughly 40% of its revenue from the Americas, with the remainder earned internationally.
My Portfolios
Create New Portfolio
Portfolio Contest
My Gurus
Personalize
Premium Gurus 
3.39(2.45%) Volume: 88,938,993 4:00PM EDT
Email Alerts
Stock PDF
RSS
Website
Filings
Download
Manual of Stocks™ Web APP
NAS:AAPL has been successfully added to your 
