Paying users zone. Data is covered by .

  • Get to Apple Inc. for $19.99, or

  • get to whole website for at least 3 months from $49.99.

$19.99


Ratios (Summary)

Apple Inc., short-term (operating) activity ratios (quarterly data)

 
Mar 31, 2018 Dec 30, 2017 Sep 30, 2017 Jul 1, 2017 Apr 1, 2017 Dec 31, 2016 Sep 24, 2016 Jun 25, 2016 Mar 26, 2016 Dec 26, 2015 Sep 26, 2015 Jun 27, 2015 Mar 28, 2015 Dec 27, 2014 Sep 27, 2014 Jun 28, 2014 Mar 29, 2014 Dec 28, 2013 Sep 28, 2013 Jun 29, 2013 Mar 30, 2013 Dec 29, 2012 Sep 29, 2012 Jun 30, 2012 Mar 31, 2012 Dec 31, 2011
Turnover Ratios
Inventory turnover
Receivables turnover
Payables turnover
Working capital turnover
Average No. of Days
Average inventory processing period
Add: Average receivable collection period
Operating cycle
Less: Average payables payment period
Cash conversion cycle
Source: Based on data from Apple Inc. Quarterly and Annual Reports
Ratio Description The company
Inventory turnover An activity ratio calculated as cost of goods sold divided by inventory. Apple Inc.'s inventory turnover improved from Q4 2017 to Q1 2018 but then deteriorated significantly from Q1 2018 to Q2 2018.
Receivables turnover An activity ratio equal to revenue divided by receivables. Apple Inc.'s receivables turnover deteriorated from Q4 2017 to Q1 2018 but then improved from Q1 2018 to Q2 2018 exceeding Q4 2017 level.
Payables turnover An activity ratio calculated as cost of goods sold divided by payables. Apple Inc.'s payables turnover declined from Q4 2017 to Q1 2018 but then increased from Q1 2018 to Q2 2018 exceeding Q4 2017 level.
Working capital turnover An activity ratio calculated as revenue divided by working capital. Apple Inc.'s working capital turnover improved from Q4 2017 to Q1 2018 but then deteriorated significantly from Q1 2018 to Q2 2018.
Average inventory processing period An activity ratio equal to the number of days in the period divided by inventory turnover over the period. Apple Inc.'s average inventory processing period improved from Q4 2017 to Q1 2018 but then deteriorated significantly from Q1 2018 to Q2 2018.
Average receivable collection period An activity ratio equal to the number of days in the period divided by receivables turnover. Apple Inc.'s average receivable collection period deteriorated from Q4 2017 to Q1 2018 but then improved from Q1 2018 to Q2 2018 exceeding Q4 2017 level.
Operating cycle Equal to average inventory processing period plus average receivables collection period. Apple Inc.'s operating cycle deteriorated from Q4 2017 to Q1 2018 but then improved from Q1 2018 to Q2 2018 exceeding Q4 2017 level.
Average payables payment period An estimate of the average number of days it takes a company to pay its suppliers; equal to the number of days in the period divided by payables turnover ratio for the period. Apple Inc.'s average payables payment period increased from Q4 2017 to Q1 2018 but then declined significantly from Q1 2018 to Q2 2018.
Cash conversion cycle A financial metric that measures the length of time required for a company to convert cash invested in its operations to cash received as a result of its operations; equal to average inventory processing period plus average receivables collection period minus average payables payment period. Apple Inc.'s cash conversion cycle improved from Q4 2017 to Q1 2018 but then deteriorated significantly from Q1 2018 to Q2 2018.

Top


Inventory Turnover

Apple Inc., inventory turnover calculation (quarterly data)

 
Mar 31, 2018 Dec 30, 2017 Sep 30, 2017 Jul 1, 2017 Apr 1, 2017 Dec 31, 2016 Sep 24, 2016 Jun 25, 2016 Mar 26, 2016 Dec 26, 2015 Sep 26, 2015 Jun 27, 2015 Mar 28, 2015 Dec 27, 2014 Sep 27, 2014 Jun 28, 2014 Mar 29, 2014 Dec 28, 2013 Sep 28, 2013 Jun 29, 2013 Mar 30, 2013 Dec 29, 2012 Sep 29, 2012 Jun 30, 2012 Mar 31, 2012 Dec 31, 2011
Selected Financial Data (USD $ in millions)
Cost of sales
Inventories
Ratio
Inventory turnover1
Source: Based on data from Apple Inc. Quarterly and Annual Reports

Q2 2018 Calculations

1 Inventory turnover = (Cost of salesQ2 2018 + Cost of salesQ1 2018 + Cost of salesQ4 2017 + Cost of salesQ3 2017) ÷ Inventories
= ( + + + ) ÷ =

Ratio Description The company
Inventory turnover An activity ratio calculated as cost of goods sold divided by inventory. Apple Inc.'s inventory turnover improved from Q4 2017 to Q1 2018 but then deteriorated significantly from Q1 2018 to Q2 2018.

Top


Receivables Turnover

Apple Inc., receivables turnover calculation (quarterly data)

 
Mar 31, 2018 Dec 30, 2017 Sep 30, 2017 Jul 1, 2017 Apr 1, 2017 Dec 31, 2016 Sep 24, 2016 Jun 25, 2016 Mar 26, 2016 Dec 26, 2015 Sep 26, 2015 Jun 27, 2015 Mar 28, 2015 Dec 27, 2014 Sep 27, 2014 Jun 28, 2014 Mar 29, 2014 Dec 28, 2013 Sep 28, 2013 Jun 29, 2013 Mar 30, 2013 Dec 29, 2012 Sep 29, 2012 Jun 30, 2012 Mar 31, 2012 Dec 31, 2011
Selected Financial Data (USD $ in millions)
Net sales
Accounts receivable, less allowances
Ratio
Receivables turnover1
Source: Based on data from Apple Inc. Quarterly and Annual Reports

Q2 2018 Calculations

1 Receivables turnover = (Net salesQ2 2018 + Net salesQ1 2018 + Net salesQ4 2017 + Net salesQ3 2017) ÷ Accounts receivable, less allowances
= ( + + + ) ÷ =

Ratio Description The company
Receivables turnover An activity ratio equal to revenue divided by receivables. Apple Inc.'s receivables turnover deteriorated from Q4 2017 to Q1 2018 but then improved from Q1 2018 to Q2 2018 exceeding Q4 2017 level.

Top


Payables Turnover

Apple Inc., payables turnover calculation (quarterly data)

 
Mar 31, 2018 Dec 30, 2017 Sep 30, 2017 Jul 1, 2017 Apr 1, 2017 Dec 31, 2016 Sep 24, 2016 Jun 25, 2016 Mar 26, 2016 Dec 26, 2015 Sep 26, 2015 Jun 27, 2015 Mar 28, 2015 Dec 27, 2014 Sep 27, 2014 Jun 28, 2014 Mar 29, 2014 Dec 28, 2013 Sep 28, 2013 Jun 29, 2013 Mar 30, 2013 Dec 29, 2012 Sep 29, 2012 Jun 30, 2012 Mar 31, 2012 Dec 31, 2011
Selected Financial Data (USD $ in millions)
Cost of sales
Accounts payable
Ratio
Payables turnover1
Source: Based on data from Apple Inc. Quarterly and Annual Reports

Q2 2018 Calculations

1 Payables turnover = (Cost of salesQ2 2018 + Cost of salesQ1 2018 + Cost of salesQ4 2017 + Cost of salesQ3 2017) ÷ Accounts payable
= ( + + + ) ÷ =

Ratio Description The company
Payables turnover An activity ratio calculated as cost of goods sold divided by payables. Apple Inc.'s payables turnover declined from Q4 2017 to Q1 2018 but then increased from Q1 2018 to Q2 2018 exceeding Q4 2017 level.

Top


Working Capital Turnover

Apple Inc., working capital turnover calculation (quarterly data)

 
Mar 31, 2018 Dec 30, 2017 Sep 30, 2017 Jul 1, 2017 Apr 1, 2017 Dec 31, 2016 Sep 24, 2016 Jun 25, 2016 Mar 26, 2016 Dec 26, 2015 Sep 26, 2015 Jun 27, 2015 Mar 28, 2015 Dec 27, 2014 Sep 27, 2014 Jun 28, 2014 Mar 29, 2014 Dec 28, 2013 Sep 28, 2013 Jun 29, 2013 Mar 30, 2013 Dec 29, 2012 Sep 29, 2012 Jun 30, 2012 Mar 31, 2012 Dec 31, 2011
Selected Financial Data (USD $ in millions)
Current assets
Less: Current liabilities
Working capital
Net sales
Ratio
Working capital turnover1
Source: Based on data from Apple Inc. Quarterly and Annual Reports

Q2 2018 Calculations

1 Working capital turnover = (Net salesQ2 2018 + Net salesQ1 2018 + Net salesQ4 2017 + Net salesQ3 2017) ÷ Working capital
= ( + + + ) ÷ =

Ratio Description The company
Working capital turnover An activity ratio calculated as revenue divided by working capital. Apple Inc.'s working capital turnover improved from Q4 2017 to Q1 2018 but then deteriorated significantly from Q1 2018 to Q2 2018.

Top


Average Inventory Processing Period

Apple Inc., average inventory processing period calculation (quarterly data)

 
Mar 31, 2018 Dec 30, 2017 Sep 30, 2017 Jul 1, 2017 Apr 1, 2017 Dec 31, 2016 Sep 24, 2016 Jun 25, 2016 Mar 26, 2016 Dec 26, 2015 Sep 26, 2015 Jun 27, 2015 Mar 28, 2015 Dec 27, 2014 Sep 27, 2014 Jun 28, 2014 Mar 29, 2014 Dec 28, 2013 Sep 28, 2013 Jun 29, 2013 Mar 30, 2013 Dec 29, 2012 Sep 29, 2012 Jun 30, 2012 Mar 31, 2012 Dec 31, 2011
Selected Financial Data
Inventory turnover
Ratio (no. of days)
Average inventory processing period1
Source: Based on data from Apple Inc. Quarterly and Annual Reports

Q2 2018 Calculations

1 Average inventory processing period = 365 ÷ Inventory turnover
= 365 ÷ =

Ratio Description The company
Average inventory processing period An activity ratio equal to the number of days in the period divided by inventory turnover over the period. Apple Inc.'s average inventory processing period improved from Q4 2017 to Q1 2018 but then deteriorated significantly from Q1 2018 to Q2 2018.

Top


Average Receivable Collection Period

Apple Inc., average receivable collection period calculation (quarterly data)

 
Mar 31, 2018 Dec 30, 2017 Sep 30, 2017 Jul 1, 2017 Apr 1, 2017 Dec 31, 2016 Sep 24, 2016 Jun 25, 2016 Mar 26, 2016 Dec 26, 2015 Sep 26, 2015 Jun 27, 2015 Mar 28, 2015 Dec 27, 2014 Sep 27, 2014 Jun 28, 2014 Mar 29, 2014 Dec 28, 2013 Sep 28, 2013 Jun 29, 2013 Mar 30, 2013 Dec 29, 2012 Sep 29, 2012 Jun 30, 2012 Mar 31, 2012 Dec 31, 2011
Selected Financial Data
Receivables turnover
Ratio (no. of days)
Average receivable collection period1
Source: Based on data from Apple Inc. Quarterly and Annual Reports

Q2 2018 Calculations

1 Average receivable collection period = 365 ÷ Receivables turnover
= 365 ÷ =

Ratio Description The company
Average receivable collection period An activity ratio equal to the number of days in the period divided by receivables turnover. Apple Inc.'s average receivable collection period deteriorated from Q4 2017 to Q1 2018 but then improved from Q1 2018 to Q2 2018 exceeding Q4 2017 level.

Top


Operating Cycle

Apple Inc., operating cycle calculation (quarterly data)

No. of days

 
Mar 31, 2018 Dec 30, 2017 Sep 30, 2017 Jul 1, 2017 Apr 1, 2017 Dec 31, 2016 Sep 24, 2016 Jun 25, 2016 Mar 26, 2016 Dec 26, 2015 Sep 26, 2015 Jun 27, 2015 Mar 28, 2015 Dec 27, 2014 Sep 27, 2014 Jun 28, 2014 Mar 29, 2014 Dec 28, 2013 Sep 28, 2013 Jun 29, 2013 Mar 30, 2013 Dec 29, 2012 Sep 29, 2012 Jun 30, 2012 Mar 31, 2012 Dec 31, 2011
Selected Financial Data
Average inventory processing period
Average receivable collection period
Ratio
Operating cycle1
Source: Based on data from Apple Inc. Quarterly and Annual Reports

Q2 2018 Calculations

1 Operating cycle = Average inventory processing period + Average receivable collection period
= + =

Ratio Description The company
Operating cycle Equal to average inventory processing period plus average receivables collection period. Apple Inc.'s operating cycle deteriorated from Q4 2017 to Q1 2018 but then improved from Q1 2018 to Q2 2018 exceeding Q4 2017 level.

Top


Average Payables Payment Period

Apple Inc., average payables payment period calculation (quarterly data)

 
Mar 31, 2018 Dec 30, 2017 Sep 30, 2017 Jul 1, 2017 Apr 1, 2017 Dec 31, 2016 Sep 24, 2016 Jun 25, 2016 Mar 26, 2016 Dec 26, 2015 Sep 26, 2015 Jun 27, 2015 Mar 28, 2015 Dec 27, 2014 Sep 27, 2014 Jun 28, 2014 Mar 29, 2014 Dec 28, 2013 Sep 28, 2013 Jun 29, 2013 Mar 30, 2013 Dec 29, 2012 Sep 29, 2012 Jun 30, 2012 Mar 31, 2012 Dec 31, 2011
Selected Financial Data
Payables turnover
Ratio (no. of days)
Average payables payment period1
Source: Based on data from Apple Inc. Quarterly and Annual Reports

Q2 2018 Calculations

1 Average payables payment period = 365 ÷ Payables turnover
= 365 ÷ =

Ratio Description The company
Average payables payment period An estimate of the average number of days it takes a company to pay its suppliers; equal to the number of days in the period divided by payables turnover ratio for the period. Apple Inc.'s average payables payment period increased from Q4 2017 to Q1 2018 but then declined significantly from Q1 2018 to Q2 2018.

Top


Cash Conversion Cycle

Apple Inc., cash conversion cycle calculation (quarterly data)

No. of days

 
Mar 31, 2018 Dec 30, 2017 Sep 30, 2017 Jul 1, 2017 Apr 1, 2017 Dec 31, 2016 Sep 24, 2016 Jun 25, 2016 Mar 26, 2016 Dec 26, 2015 Sep 26, 2015 Jun 27, 2015 Mar 28, 2015 Dec 27, 2014 Sep 27, 2014 Jun 28, 2014 Mar 29, 2014 Dec 28, 2013 Sep 28, 2013 Jun 29, 2013 Mar 30, 2013 Dec 29, 2012 Sep 29, 2012 Jun 30, 2012 Mar 31, 2012 Dec 31, 2011
Selected Financial Data
Average inventory processing period
Average receivable collection period
Average payables payment period
Ratio
Cash conversion cycle1
Source: Based on data from Apple Inc. Quarterly and Annual Reports

Q2 2018 Calculations

1 Cash conversion cycle = Average inventory processing period + Average receivable collection period – Average payables payment period
= + =

Ratio Description The company
Cash conversion cycle A financial metric that measures the length of time required for a company to convert cash invested in its operations to cash received as a result of its operations; equal to average inventory processing period plus average receivables collection period minus average payables payment period. Apple Inc.'s cash conversion cycle improved from Q4 2017 to Q1 2018 but then deteriorated significantly from Q1 2018 to Q2 2018.

Top