NVIDIA Inventory Turnover Ratio 2010-2024 | NVDA
Current and historical inventory turnover ratio for NVIDIA (NVDA) from 2010 to 2024. Inventory turnover ratio can be defined as a ratio showing how many times a company's inventory is sold and replaced over a period. NVIDIA inventory turnover ratio for the three months ending January 31, 2024 was 1.01.
| NVIDIA Inventory Turnover Ratio Historical Data |
| Date |
|
|
|
| Sector |
Industry |
Market Cap |
Revenue |
| Computer and Technology |
Semiconductor - General |
$2060.575B |
$60.922B |
|
NVIDIA Corporation is the worldwide leader in visual computing technologies and the inventor of the graphic processing unit, or GPU. Over the years, the company's focus has evolved from PC graphics to artificial intelligence (AI) based solutions that now support high performance computing (HPC), gaming and virtual reality (VR) platforms.NVIDIA's GPU success can be attributed to its parallel processing capabilities supported by thousands of computing cores, which are necessary to run deep learning algorithms. The company's GPU platforms are playing a major role in developing multi-billion-dollar end-markets like robotics and self-driving vehicles.NVIDIA is a dominant name in the Data Center, professional visualization and gaming markets where Intel and Advanced Micro Devices are playing a catch-up role. The company's partnership with almost all major cloud service providers (CSPs) and server vendors is a key catalyst.
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