Lattice Semiconductor Corporation (LSCC)
Working capital turnover
Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
---|---|---|---|---|---|---|
Revenue | US$ in thousands | 509,401 | 737,154 | 660,356 | 515,327 | 408,120 |
Total current assets | US$ in thousands | 364,834 | 367,946 | 379,167 | 301,351 | 333,843 |
Total current liabilities | US$ in thousands | 99,622 | 97,400 | 127,373 | 106,181 | 79,731 |
Working capital turnover | 1.92 | 2.72 | 2.62 | 2.64 | 1.61 |
December 31, 2024 calculation
Working capital turnover = Revenue ÷ (Total current assets – Total current liabilities)
= $509,401K ÷ ($364,834K – $99,622K)
= 1.92
The working capital turnover of Lattice Semiconductor Corporation has shown variability over the last five years. It increased from 1.61 in December 31, 2020, to 2.64 in December 31, 2021, indicating the company's ability to efficiently utilize its working capital to generate sales. This positive trend continued in 2022 and 2023, where the working capital turnover remained relatively stable at 2.62 and 2.72, respectively.
However, there was a decline in the working capital turnover to 1.92 in December 31, 2024. This decrease may suggest potential issues in managing working capital efficiently during that period. Further analysis of the company's financial performance and operational activities would be necessary to understand the factors driving this decline in working capital turnover.
Peer comparison
Dec 31, 2024