>
Switch to:

NetApp Inventory-to-Revenue

: 0.08 (As of Oct. 2021)
View and export this data going back to 1995. Start your Free Trial

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 Total Inventories for the quarter that ended in Oct. 2021 was $132 Mil. NetApp's Revenue for the three months ended in Oct. 2021 was $1,566 Mil. NetApp's Inventory-to-Revenue for the quarter that ended in Oct. 2021 was 0.08.

NetApp's Inventory-to-Revenue for the quarter that ended in Oct. 2021 increased from Jul. 2021 (0.08) to Jul. 2021 (0.08)

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. NetApp's Days Inventory for the three months ended in Oct. 2021 was 23.67.

Total Inventories can be measured by Days Sales of Inventory (DSI). NetApp's days sales of inventory (DSI) for the three months ended in Oct. 2021 was 7.66.

Inventory Turnover measures how fast the company turns over its inventory within a year. NetApp's Inventory Turnover for the quarter that ended in Oct. 2021 was 3.86.


NetApp Inventory-to-Revenue Historical Data

The historical data trend for NetApp'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.

* Premium members only.

NetApp Annual Data
Trend Apr12 Apr13 Apr14 Apr15 Apr16 Apr17 Apr18 Apr19 Apr20 Apr21
Inventory-to-Revenue
Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.02 0.02 0.02 0.03 0.02

NetApp Quarterly Data
Jan17 Apr17 Jul17 Oct17 Jan18 Apr18 Jul18 Oct18 Jan19 Apr19 Jul19 Oct19 Jan20 Apr20 Jul20 Oct20 Jan21 Apr21 Jul21 Oct21
Inventory-to-Revenue Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.09 0.08 0.07 0.08 0.08

Competitive Comparison

For the Computer Hardware subindustry, NetApp'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.

   

NetApp Inventory-to-Revenue Distribution

For the Hardware industry and Technology sector, NetApp's Inventory-to-Revenue distribution charts can be found below:

* The bar in red indicates where NetApp's Inventory-to-Revenue falls into.



NetApp Inventory-to-Revenue Calculation

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 fiscal year that ended in Apr. 2021 is calculated as

Inventory-to-Revenue (A: Apr. 2021 )
=Total Inventories / Revenue
=( (Total Inventories (A: Apr. 2020 ) + Total Inventories (A: Apr. 2021 )) / count ) / Revenue (A: Apr. 2021 )
=( (145 + 114) / 2 ) / 5744
=129.5 / 5744
=0.02

NetApp's Inventory-to-Revenue for the quarter that ended in Oct. 2021 is calculated as

Inventory-to-Revenue (Q: Oct. 2021 )
=Total Inventories / Revenue
=( (Total Inventories (Q: Jul. 2021 ) + Total Inventories (Q: Oct. 2021 )) / count ) / Revenue (Q: Oct. 2021 )
=( (108 + 155) / 2 ) / 1566
=131.5 / 1566
=0.08

* 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) 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.

NetApp's Days Inventory for the three months ended in Oct. 2021 is calculated as:

Days Inventory=Total Inventories (Q: Oct. 2021 )/Cost of Goods Sold (Q: Oct. 2021 )*Days in Period
=131.5/507*365 / 4
=23.67

2. Total Inventories can be measured by Days Sales of Inventory (DSI).

NetApp's Days Sales of Inventory for the three months ended in Oct. 2021 is

Days Sales of Inventory (DSI)=Total Inventories (Q: Oct. 2021 )/Revenue (Q: Oct. 2021 )*Days in Period
=131.5/1566*365 / 4
=7.66

3. Inventory Turnover measures how fast the company turns over its inventory within a year.

NetApp's Inventory Turnover for the quarter that ended in Oct. 2021 is calculated as

Inventory Turnover=Cost of Goods Sold (Q: Oct. 2021 ) / Total Inventories (Q: Oct. 2021 )
=507 / 131.5
=3.86

* 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 Inventory-to-Revenue Related Terms

Thank you for viewing the detailed overview of NetApp's Inventory-to-Revenue provided by GuruFocus.com. Please click on the following links to see related term pages.


NetApp Business Description

NetApp logo
Industry
Technology » Hardware NAICS : 334112 SIC : 3572
Traded in Other Exchanges
Address
1395 Crossman Avenue, Sunnyvale, CA, USA, 94089
NetApp is a leading provider of enterprise data management and storage solutions. The company's three operating business units are products, software maintenance, and hardware maintenance. NetApp transitioned from a data center storage firm to a company with software data management solutions for multicloud environments. The California-headquartered company sells globally and has approximately 10,000 employees.
Executives
Allen Scott R. officer: SVP, Chief Accounting Officer 11690 N.W. 105TH STREET MIAMI FL 33178
Anderson Brad officer: EVP, SSSBU and CIBU ONE DELL WAY ROUND ROCK TX 78682
Hill Kathryn director 7 WORLD TRADE CENTER 250 GREENWICH STREET NEW YORK NY 10007
Ahuja Deepak director C/O TESLA MOTORS, INC. 3500 DEER CREEK ROAD PALO ALTO CA 94304
Schenkel Scott F. director C/O EBAY INC. 2025 HAMILTON AVE. SAN JOSE CA 95125
Kerr Deborah director 901 MARQUETTE AVENUE SUITE 3200 MINNEAPOLIS MN 55402
Nevens Thomas Michael director C/O BORLAND SOFTWARE CORPORATION 20450 STEVENS CREEK BLVD, SUITE 800 CUPERTINO CA 95014
Shaheen George T director PUBLIC "-//W3C//DTD HTML 4.0 Transitional//EN"> Ownership Information: SHAHEEN GEORGE T a.header:link {color: #3b4fae; font-weight: bold; text-decoration: underline;} a.header:visited {color: #3b4fae; font-weight: bold; text-decoration: underline;} a.header:hover {color: #191970;}
Held Gerald director PUBLIC "-//W3C//DTD HTML 4.0 Transitional//EN"> Ownership Information: HELD GERALD a.header:link {color: #3b4fae; font-weight: bold; text-decoration: underline;} a.header:visited {color: #3b4fae; font-weight: bold; text-decoration: underline;} a.header:hover {color: #191970;}
Cernuda Cesar officer: President 1395 CROSSMAN AVENUE SUNNYVALE CA 94089
Berry Michael J officer: EVP Finance & Operations, CFO C/O INFORMATICA CORPORATION 2100 SEAPORT BOULEVARD REDWOOD CITY CA 94063
Fawcett Matthew K officer: SVP, GC & Secretary 495 EAST JAVA DRIVE SUNNYVALE CA 94089
Kurian George director, officer: CEO C/O NETAPP 495 E. JAVA DRIVE SUNNYVALE CA 94089
Pasek Ronald J officer: EVP Finance & Operations, CFO 101 INNOVATION DRIVE SAN JOSE CA 95134
Richard Henri P officer: EVP, Go To Market FREESCALE SEMICONDUCTOR, INC. 2680 ZANKER RD, SUITE 200 SAN JOSE CA 95134

NetApp Headlines

Get WordPress Plugins for easy affiliate links on Stock Tickers and Guru Names | Earn affiliate commissions by embedding GuruFocus Charts
GuruFocus Affiliate Program: Earn up to $400 per referral. ( Learn More)