AXON (Axon Enterprise) Inventory Turnover: 0.88 (As of Mar. 2026)

What is Axon Enterprise Inventory Turnover?

Axon Enterprise AXON +9.94% 81 Inventory Turnover is 0.88 as of Mar. 2026. GuruFocus rates AXON with a GF Score™ of 81/100 and a GF Value™ of $601.68 (Modestly Undervalued). The stock has 4 warning signs investors should review.

Inventory Turnover measures how fast the company turns over its inventory within a year. It is calculated as Cost of Goods Sold divided by Total Inventories. Axon Enterprise's Cost of Goods Sold for the three months ended in Mar. 2026 was $330 Mil. Axon Enterprise's Average Total Inventories for the quarter that ended in Mar. 2026 was $375 Mil. Axon Enterprise's Inventory Turnover for the quarter that ended in Mar. 2026 was 0.88.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Axon Enterprise's Days Inventory for the three months ended in Mar. 2026 was 103.65.

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. Axon Enterprise's Inventory-to-Revenue for the quarter that ended in Mar. 2026 was 0.46.

Axon Enterprise (NAS:AXON) Inventory Turnover Explanation

Inventory Turnover measures how fast the company turns over its inventory within a year. A higher Inventory Turnover means the company has light inventory. Therefore the company spends less money on storage, write downs, and obsolete inventory. If the inventory is too light, it may affect sales because the company may not have enough to meet demand.

1. Days Inventory indicates the number of days of goods in sales that a company has in the inventory.

Axon Enterprise's Days Inventory for the three months ended in Mar. 2026 is calculated as:

Days Inventory	=	Average Total Inventories (Q: Mar. 2026 )	/	Cost of Goods Sold (Q: Mar. 2026 )	*	Days in Period
	=	374.9105	/	330.059	*	365 / 4
	=	103.65

2. 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.

Axon Enterprise's Inventory to Revenue for the quarter that ended in Mar. 2026 is calculated as

Inventory-to-Revenue	=	Average Total Inventories (Q: Mar. 2026 )	/	Revenue (Q: Mar. 2026 )
	=	374.9105	/	807.345
	=	0.46

* 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

Usually retailers pile up their inventories at holiday seasons to meet the stronger demand. Therefore, the inventory of a particular quarter of a year should not be used to calculate Inventory Turnover. An average inventory is a better indication.

Axon Enterprise Inventory Turnover Related Terms

Axon Enterprise Inventory Turnover Historical Data

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The historical data trend for Axon Enterprise's Inventory Turnover can be seen below:

Axon Enterprise Inventory Turnover Chart

Axon Enterprise Annual Data

Trend

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

Dec25

Inventory Turnover

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3.25

2.96

2.56

3.14

3.69

Axon Enterprise Quarterly Data
	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24	Dec24	Mar25	Jun25	Sep25	Dec25	Mar26
Inventory Turnover	Get a 7-Day Free Trial															0.87	0.90	0.91	1.02	0.88

81GF Score

Axon Enterprise Inc AXON

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Axon Enterprise Inventory Turnover Calculation

Axon Enterprise's Inventory Turnover for the fiscal year that ended in Dec. 2025 is calculated as

	Inventory Turnover (A: Dec. 2025 )
=	Cost of Goods Sold	/	Average Total Inventories
=	Cost of Goods Sold (A: Dec. 2025 )	/ (	(Total Inventories (A: Dec. 2024 )	+	Total Inventories (A: Dec. 2025 ))	/	count )
=	1121.411	/ (	(265.316	+	341.811)	/	2 )
=	1121.411	/	303.5635
=	3.69

Axon Enterprise's Inventory Turnover for the quarter that ended in Mar. 2026 is calculated as

	Inventory Turnover (Q: Mar. 2026 )
=	Cost of Goods Sold	/	Average Total Inventories
=	Cost of Goods Sold (Q: Mar. 2026 )	/ (	(Total Inventories (Q: Dec. 2025 )	+	Total Inventories (Q: Mar. 2026 ))	/	count )
=	330.059	/ (	(341.811	+	408.01)	/	2 )
=	330.059	/	374.9105
=	0.88

Frequently Asked Questions Learn more about Inventory Turnover →

What does a Inventory Turnover of 0.88 mean?

Axon Enterprise (AXON) has a Inventory Turnover of 0.88 as of Mar. 2026. Inventory turnover equals current-period cost of goods sold divided by average two-period total inventories. View historical data on Axon Enterprise and its competitors.

Is Axon Enterprise's Inventory Turnover too high?

Axon Enterprise's current Inventory Turnover is 0.88. Overall, Axon Enterprise has a GF Score™ of 81/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.

How does Axon Enterprise's Inventory Turnover compare to HEI.A and CW?

Axon Enterprise's Inventory Turnover of 0.88 can be compared against companies in the Aerospace & Defense industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.

What is a good Inventory Turnover for an Aerospace & Defense company?

A good Inventory Turnover depends on the Aerospace & Defense industry context. However, Inventory Turnover should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.

What does a high Inventory Turnover mean?

A high Inventory Turnover can signal that a stock is expensive relative to its fundamentals. Inventory turnover equals current-period cost of goods sold divided by average two-period total inventories. View historical data on Axon Enterprise and its competitors. Axon Enterprise's current Inventory Turnover is 0.88. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.

Is Axon Enterprise stock overvalued right now?

Based on GuruFocus' analysis, Axon Enterprise (AXON) is currently considered Modestly Undervalued. The stock's GF Value™ is $601.68, compared to a current price of $511.02 — trading 15.1% below its estimated fair value. The current Inventory Turnover is 0.88. Axon Enterprise's overall GF Score™ is 81/100 with 4 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.

How is Inventory Turnover calculated?

Inventory Turnover is calculated from a company's financial statements. For Axon Enterprise (AXON), the current Inventory Turnover is 0.88 as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Axon Enterprise (AXON) Overvalued in 2026?

Based on GuruFocus' analysis, Axon Enterprise stock appears to be undervalued. The current stock price of $511.02 is trading 15.1% below its estimated GF Value™ of $601.68. GuruFocus considers Axon Enterprise to be Modestly Undervalued.

Key valuation signals for AXON:

Inventory Turnover: 0.88
GF Value™: $601.68 vs. price of $511.02 (15.1% below fair value)
GF Score™: 81/100 with 4 warning signs

No single metric tells the full story. See the AXON stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.

Axon Enterprise Business Description

Industry Industrials Aerospace & Defense

Comparable Companies HEI.A CW FTAI WWD RKLB LHX ARXS BWXT TXT MOG.A SPCX GE RTX XPAR:AIR BA XPAR:SAF LSE:RR.LMT HWM GD

Other Exchanges AXON:Mexico 1AXON:Italy 0HKE:UK TCS:Germany A2XO34:Brazil

Address 17800 North 85th Street, Scottsdale, AZ, USA, 85255

Website https://www.axon.com

Axon Enterprise Inc is building a public safety operating system by integrating a suite of hardware devices and cloud software solutions. The company's suite includes cloud-hosted digital evidence management solutions, TASER energy devices, drones and robotic security, and training solutions. Its operation comprises of two operating segments, Software and Services, and Connected Devices. The company generates the majority of its revenue from the Connected Devices segment, which is engaged in developing, manufacturing, and selling fully integrated hardware solutions such as conducted energy devices sold under the TASER brand, body cameras, fixed and in-car cameras, drone and counter-drone technologies, and a broad ecosystem of accessories, extended warranties and related hardware products.

81GF Score

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$511.02

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$601.68

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