NetApp Inc (NTAP)
Payables turnover
| Jan 31, 2025 | Oct 31, 2024 | Jul 31, 2024 | Apr 30, 2024 | Apr 26, 2024 | Jan 31, 2024 | Jan 26, 2024 | Oct 31, 2023 | Oct 27, 2023 | Jul 31, 2023 | Jul 28, 2023 | Apr 30, 2023 | Apr 28, 2023 | Jan 31, 2023 | Jan 27, 2023 | Oct 31, 2022 | Oct 28, 2022 | Jul 31, 2022 | Jul 29, 2022 | Apr 30, 2022 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Cost of revenue (ttm) | US$ in thousands | 1,918,000 | 2,517,000 | 2,491,000 | 3,053,000 | 3,007,000 | 2,922,000 | 2,903,000 | 2,969,000 | 3,023,000 | 3,108,000 | 3,197,000 | 3,267,000 | 3,337,000 | 3,397,000 | 3,418,000 | 3,432,000 | 3,451,000 | 3,499,000 | 3,494,000 | 3,425,000 |
| Payables | US$ in thousands | — | — | — | — | 517,000 | — | 396,000 | — | 411,000 | — | 344,000 | — | 392,000 | — | 432,000 | — | 584,000 | — | 515,000 | — |
| Payables turnover | — | — | — | — | 5.82 | — | 7.33 | — | 7.36 | — | 9.29 | — | 8.51 | — | 7.91 | — | 5.91 | — | 6.78 | — |
January 31, 2025 calculation
Payables turnover = Cost of revenue (ttm) ÷ Payables
= $1,918,000K ÷ $—K
= —
NetApp Inc's payables turnover has shown fluctuations over the periods provided. The payables turnover ratio indicates the efficiency of the company in paying its suppliers.
The payables turnover ratio for NetApp Inc was not available for some periods, indicated by "—". However, for the available data points, the payables turnover ratio ranged from 5.82 to 9.29. A higher payables turnover ratio is generally considered more favorable as it suggests that the company is paying its suppliers more frequently within a year.
NetApp Inc's payables turnover ratio has shown some variability but generally suggests that the company is managing its accounts payables effectively. It is important to monitor this ratio over time to ensure consistent and efficient management of supplier payments.
Peer comparison
Jan 31, 2025