#Arrows in a quiver in your inventory.
#Arrows in your inventory not in a quiver.
*a container with with other items in it will stop the selection order and may stop you from shooting, for example an equiped quiver with other items in it(not arrows) will stop the search and wont let you shoot arrows in your equipped backpack or on a quiver on inventory. you will instead get the message "You have no arrows left to shoot!".
In addition to the order of precedence above, the type of arrow also determines the order of arrow selection: