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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 Average Total Inventories for the quarter that ended in Mar. 2026 was $6,311 Mil. Apple's Revenue for the
three
months ended in Mar. 2026 was $111,184 Mil.
Apple's Inventory-to-Revenue for the quarter that ended in Mar. 2026 was 0.06.
Apple's Inventory-to-Revenue for the quarter that ended in Mar. 2026
increased
from Dec. 2025 (0.04) to Dec. 2025 (0.06)
An increase in Inventory-to-Revenue from one quarter to the next indicates that one of the following is happening:
1. investment in inventory is growing more rapidly than revenue
2. revenue are dropping
No matter which situation is causing the problem, an increase in the Inventory-to-Revenue may signal an oncoming cash flow problem.
Days Inventory indicates the number of days of goods in sales that a company has in the inventory.
Apple's Days Inventory for the
three
months ended in Mar. 2026 was 10.21.
Inventory Turnover measures how fast the company turns over its inventory within a year.
Apple's Inventory Turnover for the quarter that ended in Mar. 2026 was 8.94.
Apple (NAS:AAPL) Inventory-to-Revenue Explanation
An increase in Inventory-to-Revenue from one quarter to the next indicates that one of the following is happening:
1. investment in inventory is growing more rapidly than revenue
2. revenue are dropping
No matter which situation is causing the problem, an increase in the Inventory-to-Revenue may signal an oncoming cash flow problem.
Likewise, a decrease in the Inventory-to-Revenue from one quarter to next indicates that one of these is occurring:
1. investment in inventory is shrinking in relation to revenue
2. revenue are increasing
No matter which situation is causing the reduction in the Inventory-to-Revenue, either one suggests that business's inventory levels and its cash flow are effectively managed.
More Related Terms:
1. Days Inventory indicates the number of days of goods in sales that a company has in the inventory.
Apple's Days Inventory for the
three
months ended in Mar. 2026 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 Inventory-to-Revenue Related Terms
Apple Inventory-to-Revenue Historical Data
* Premium members only.
The historical data trend for Apple's Inventory-to-Revenue 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.
AAPL vs SONO, TBCH, VUZI: Inventory-to-Revenue Comparison
For the Consumer Electronics subindustry, Apple's Inventory-to-Revenue, along with its competitors' market caps and Inventory-to-Revenue 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 Inventory-to-Revenue vs Hardware Industry
For the Hardware industry and Technology sector, Apple's Inventory-to-Revenue distribution charts can be found below:
* The bar in red indicates where Apple's Inventory-to-Revenue falls into.
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 fiscal year that ended in Sep. 2025 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 (AAPL) has a Inventory-to-Revenue of 0.06 as of Mar. 2026. Inventory-to-Sales ratio is the total inventories divided by total sales. View historical data on Apple and its competitors.
Is Apple's Inventory-to-Revenue too high?
Apple's current Inventory-to-Revenue is 0.06. Overall, Apple has a GF Score™ of 95/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Apple's Inventory-to-Revenue compare to SONO and TBCH?
Apple's Inventory-to-Revenue of 0.06 can be compared against companies in the Hardware industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Inventory-to-Revenue for a Hardware company?
A good Inventory-to-Revenue depends on the Hardware industry context. However, Inventory-to-Revenue 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-to-Revenue mean?
A high Inventory-to-Revenue can signal that a stock is expensive relative to its fundamentals. Inventory-to-Sales ratio is the total inventories divided by total sales. View historical data on Apple and its competitors. Apple's current Inventory-to-Revenue is 0.06. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Apple stock overvalued right now?
Based on GuruFocus' analysis, Apple (AAPL) is currently considered Modestly Overvalued. The stock's GF Value™ is $268.00, compared to a current price of $314.86 — trading 17.5% above its estimated fair value. The current Inventory-to-Revenue is 0.06. Apple's overall GF Score™ is 95/100 with 5 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Inventory-to-Revenue calculated?
Inventory-to-Revenue is calculated from a company's financial statements. For Apple (AAPL), the current Inventory-to-Revenue is 0.06 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 Apple (AAPL) Overvalued in 2026?
Based on GuruFocus' analysis, Apple stock appears to be overvalued.
The current stock price of $314.86 is trading 17.5% above its estimated GF Value™ of $268.00.
GuruFocus considers Apple to be Modestly Overvalued.
Key valuation signals for AAPL:
Inventory-to-Revenue: 0.06
GF Value™: $268.00 vs. price of $314.86 (17.5% above fair value)
No single metric tells the full story. See the AAPL stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Apple is among the largest companies in the world, with a broad portfolio of hardware and software products targeted at consumers and businesses. Apple's iPhone accounts for the majority of the firm's sales, and Apple's other products, such as the Mac, iPad, and Watch, are designed around the iPhone as the focal point of an expansive software ecosystem. Apple has progressively worked to add new applications, such as streaming video, subscription bundles, and augmented reality. The firm designs its own software and semiconductors and works with subcontractors such as Foxconn and TSMC to build its products and chips. Slightly less than half of Apple's sales come directly through its flagship stores, with the majority coming indirectly through partnerships and distribution.
95GF Score
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