Inventory Turnover snapshot
NVIDIA Corporation's inventory turnover was 2.92 in FY2026, compared with 3.24 in FY2025. On a trailing-twelve-month basis it was 2.54 as of Q1 FY27. 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)
2.92
Inventory Turnover (TTM)
2.54
NVIDIA Corporation Inventory Turnover
Cost of revenue ÷ inventory
NVIDIA Corporation Inventory Turnover — by fiscal year
| Fiscal year | Inventory turnover |
|---|---|
| FY2026 | 2.92 |
| FY2025 | 3.24 |
| FY2024 | 3.15 |
| FY2023 | 2.25 |
| FY2022 | 3.62 |
| FY2021 | 3.44 |
| FY2020 | 4.24 |
| FY2019 | 2.89 |
| FY2018 | 4.89 |
| FY2017 | 3.59 |
| FY2016 | 5.26 |
| FY2015 | 4.31 |
| FY2014 | 4.80 |
| FY2013 | 4.98 |
| FY2012 | 5.71 |
| FY2011 | 6.18 |
| FY2010 | 6.50 |
| FY2009 | 4.18 |
| FY2008 | — |
| FY2007 | — |
By quarter (trailing-twelve-month basis)
| Quarter | Inventory turnover |
|---|---|
| Q1 FY27 | 2.54 |
| Q4 FY26 | 2.92 |
| Q3 FY26 | 2.83 |
| Q2 FY26 | 3.33 |
| Q1 FY26 | 3.92 |
| Q4 FY25 | 3.24 |
| Q3 FY25 | 3.57 |
| Q2 FY25 | 3.47 |
| Q1 FY25 | 3.36 |
| Q4 FY24 | 3.15 |
| Q3 FY24 | 2.83 |
| Q2 FY24 | 2.68 |
Figures normalized from SEC filings. See the full NVIDIA Corporation ratios & metrics.