Apple Inc (AAPL)
Activity ratios
Short-term
Turnover ratios
| Sep 30, 2025 | Jun 30, 2025 | Mar 31, 2025 | Dec 31, 2024 | Sep 30, 2024 | Jun 30, 2024 | Mar 31, 2024 | Dec 31, 2023 | Sep 30, 2023 | Jun 30, 2023 | Mar 31, 2023 | Dec 31, 2022 | Sep 30, 2022 | Jun 30, 2022 | Mar 31, 2022 | Dec 31, 2021 | Sep 30, 2021 | Jun 30, 2021 | Mar 31, 2021 | Dec 31, 2020 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Inventory turnover | 38.64 | 36.77 | 34.08 | 30.63 | 28.87 | 33.80 | 33.32 | 32.57 | 33.82 | 29.54 | 29.24 | 32.36 | 45.20 | 40.43 | 40.07 | 36.69 | 32.37 | 39.55 | 37.48 | 36.21 |
| Receivables turnover | 5.70 | 8.72 | 8.04 | 6.67 | 5.90 | 8.93 | 9.27 | 7.70 | 6.28 | 9.80 | 10.73 | 7.15 | 6.47 | 9.17 | 8.50 | 5.80 | 7.10 | 10.24 | 9.85 | 5.02 |
| Payables turnover | 3.16 | 4.33 | 3.95 | 3.42 | 3.05 | 4.38 | 4.54 | 3.65 | 3.42 | 4.65 | 5.10 | 3.81 | 3.49 | 4.54 | 4.15 | 2.90 | 3.89 | 5.07 | 4.88 | 2.82 |
| Working capital turnover | — | — | — | — | — | — | 83.07 | 39.69 | — | — | — | — | — | — | — | 67.80 | 39.10 | 52.06 | 21.58 | 13.62 |
Average number of days
| Sep 30, 2025 | Jun 30, 2025 | Mar 31, 2025 | Dec 31, 2024 | Sep 30, 2024 | Jun 30, 2024 | Mar 31, 2024 | Dec 31, 2023 | Sep 30, 2023 | Jun 30, 2023 | Mar 31, 2023 | Dec 31, 2022 | Sep 30, 2022 | Jun 30, 2022 | Mar 31, 2022 | Dec 31, 2021 | Sep 30, 2021 | Jun 30, 2021 | Mar 31, 2021 | Dec 31, 2020 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Days of inventory on hand (DOH) | days | 9.45 | 9.93 | 10.71 | 11.92 | 12.64 | 10.80 | 10.95 | 11.21 | 10.79 | 12.36 | 12.48 | 11.28 | 8.08 | 9.03 | 9.11 | 9.95 | 11.28 | 9.23 | 9.74 | 10.08 |
| Days of sales outstanding (DSO) | days | 63.99 | 41.83 | 45.40 | 54.70 | 61.83 | 40.87 | 39.36 | 47.41 | 58.08 | 37.25 | 34.03 | 51.03 | 56.40 | 39.78 | 42.93 | 62.96 | 51.39 | 35.65 | 37.06 | 72.74 |
| Number of days of payables | days | 115.40 | 84.39 | 92.46 | 106.76 | 119.66 | 83.33 | 80.42 | 100.09 | 106.72 | 78.51 | 71.64 | 95.80 | 104.69 | 80.32 | 87.89 | 125.91 | 93.85 | 72.02 | 74.87 | 129.42 |
See also:
Apple Inc Short-term (Operating) Activity Ratios (Quarterly Data)
Long-term
| Sep 30, 2025 | Jun 30, 2025 | Mar 31, 2025 | Dec 31, 2024 | Sep 30, 2024 | Jun 30, 2024 | Mar 31, 2024 | Dec 31, 2023 | Sep 30, 2023 | Jun 30, 2023 | Mar 31, 2023 | Dec 31, 2022 | Sep 30, 2022 | Jun 30, 2022 | Mar 31, 2022 | Dec 31, 2021 | Sep 30, 2021 | Jun 30, 2021 | Mar 31, 2021 | Dec 31, 2020 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Fixed asset turnover | — | 8.42 | 8.54 | 8.59 | 8.56 | 8.85 | 8.74 | 7.09 | 8.77 | 8.82 | 8.87 | 9.02 | 9.36 | 9.61 | 9.82 | 9.64 | 9.28 | 8.99 | 8.61 | 7.75 |
| Total asset turnover | 1.16 | 1.23 | 1.21 | 1.15 | 1.07 | 1.16 | 1.13 | 1.09 | 1.09 | 1.15 | 1.16 | 1.12 | 1.12 | 1.15 | 1.10 | 0.99 | 1.04 | 1.05 | 0.97 | 0.83 |
See also:
Apple Inc Long-term (Investment) Activity Ratios (Quarterly Data)