Inventory Turnover snapshot
Amazon's inventory turnover was 9.30 in FY2025, compared with 9.54 in FY2024. On a trailing-twelve-month basis it was 10.04 as of Q1 FY26. Inventory turnover is cost of revenue divided by inventory — how many times a company sells through its inventory in a period.
Inventory Turnover (latest FY)
9.30
Inventory Turnover (TTM)
10.04
Amazon Inventory Turnover
Cost of revenue ÷ inventory
Amazon Inventory Turnover — by fiscal year
| Fiscal year | Inventory turnover |
|---|---|
| FY2025 | 9.30 |
| FY2024 | 9.54 |
| FY2023 | 9.15 |
| FY2022 | 8.40 |
| FY2021 | 8.34 |
| FY2020 | 9.80 |
| FY2019 | 8.08 |
| FY2018 | 8.10 |
| FY2017 | 6.98 |
| FY2016 | 7.70 |
| FY2015 | 7.00 |
| FY2014 | 7.56 |
| FY2013 | 7.31 |
| FY2012 | 7.62 |
| FY2011 | 7.47 |
| FY2010 | 8.30 |
| FY2009 | 8.74 |
| FY2008 | 10.65 |
| FY2007 | — |
| FY2006 | — |
By quarter (trailing-twelve-month basis)
| Quarter | Inventory turnover |
|---|---|
| Q1 FY26 | 10.04 |
| Q4 FY25 | 9.30 |
| Q3 FY25 | 8.32 |
| Q2 FY25 | 8.27 |
| Q1 FY25 | 9.22 |
| Q4 FY24 | 9.54 |
| Q3 FY24 | 8.86 |
| Q2 FY24 | 9.21 |
| Q1 FY24 | 9.94 |
| Q4 FY23 | 9.15 |
| Q3 FY23 | 8.41 |
| Q2 FY23 | 8.01 |
Figures normalized from SEC filings. See the full Amazon ratios & metrics.