AAPL Inventory Turnover Rate in the past 10 years with line

Apple's inventory turnover ratio has decreased from 58.64 times in 2016 to 37.98 times in 2023, indicating a potential slowdown in sales or supply chain issues. However, the latest ratio of 40.13 times in 2019 shows that the company is still managing its inventory effectively. Overall, Apple's inventory turnover trend suggests a need for continued vigilance in managing its supply chain.