Lattice Semiconductor Corporation (LSCC)
Working capital turnover
Dec 31, 2024 | Sep 30, 2024 | Jun 30, 2024 | Mar 31, 2024 | Dec 31, 2023 | Sep 30, 2023 | Jun 30, 2023 | Mar 31, 2023 | Dec 31, 2022 | Sep 30, 2022 | Jun 30, 2022 | Mar 31, 2022 | Dec 31, 2021 | Sep 30, 2021 | Jun 30, 2021 | Mar 31, 2021 | Dec 31, 2020 | Sep 30, 2020 | Jun 30, 2020 | Mar 31, 2020 | ||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Revenue (ttm) | US$ in thousands | 509,401 | 562,578 | 627,656 | 693,659 | 737,154 | 742,518 | 722,858 | 694,151 | 660,356 | 626,191 | 585,593 | 550,126 | 515,327 | 480,705 | 451,836 | 426,520 | 408,120 | 401,184 | 401,611 | 403,318 |
Total current assets | US$ in thousands | 364,834 | 366,112 | 353,204 | 340,738 | 367,946 | 360,733 | 344,612 | 348,880 | 379,167 | 340,308 | 314,460 | 299,185 | 301,351 | 351,759 | 346,469 | 336,880 | 333,843 | 338,950 | 330,998 | 318,678 |
Total current liabilities | US$ in thousands | 99,622 | 92,048 | 80,284 | 81,561 | 97,400 | 100,663 | 91,966 | 97,158 | 127,373 | 110,278 | 106,408 | 99,063 | 106,181 | 103,369 | 88,572 | 80,679 | 79,731 | 87,834 | 90,522 | 93,727 |
Working capital turnover | 1.92 | 2.05 | 2.30 | 2.68 | 2.72 | 2.86 | 2.86 | 2.76 | 2.62 | 2.72 | 2.81 | 2.75 | 2.64 | 1.94 | 1.75 | 1.66 | 1.61 | 1.60 | 1.67 | 1.79 |
December 31, 2024 calculation
Working capital turnover = Revenue (ttm) ÷ (Total current assets – Total current liabilities)
= $509,401K ÷ ($364,834K – $99,622K)
= 1.92
The working capital turnover for Lattice Semiconductor Corporation has shown a fluctuating trend over the periods analyzed. It increased from 1.79 in March 2020 to a peak of 2.86 in June 30, 2023, before slightly decreasing to 2.05 by September 30, 2024. This metric reflects how efficiently the company is utilizing its working capital to generate revenue. An increasing trend indicates that the company is effectively managing its working capital to support sales growth, while a decreasing trend may suggest inefficiencies in working capital management or a slowdown in sales relative to the working capital employed. Further analysis of the company's financial performance, liquidity position, and operational efficiency would provide a more holistic view of its overall financial health.
Peer comparison
Dec 31, 2024