Microchip Technology Inc (MCHP)

Receivables turnover

		Mar 31, 2025	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
Revenue (ttm)	US$ in thousands	4,401,600	4,756,900	5,496,600	6,587,100	7,634,400	8,541,300	8,944,800	8,763,700	8,438,700	8,050,200	7,638,500	7,215,100	6,820,900	6,443,800	6,038,400	5,698,100	5,438,400	5,297,700	5,233,000	5,261,300
Receivables	US$ in thousands	—	857,200	1,044,300	1,095,800	1,143,700	1,398,100	1,706,200	1,465,000	1,305,300	1,175,000	1,133,200	1,145,000	1,072,600	930,100	985,600	1,000,700	997,700	893,800	903,700	894,300
Receivables turnover		—	5.55	5.26	6.01	6.68	6.11	5.24	5.98	6.46	6.85	6.74	6.30	6.36	6.93	6.13	5.69	5.45	5.93	5.79	5.88

March 31, 2025 calculation

Receivables turnover = Revenue (ttm) ÷ Receivables
= $4,401,600K ÷ $—K
= —

The receivables turnover for Microchip Technology Inc has shown a fluctuating trend over the past few years. The ratio was relatively stable between June 2020 and June 2022, ranging from 5.45 to 6.30. However, there was a noticeable increase in receivables turnover starting September 2022, reaching a peak of 6.85 by December 2022.

From March 2023 onwards, the receivables turnover ratio started to decline gradually, falling to 5.24 by September 2023. This decreasing trend continued until March 2024, where the ratio reached 6.68, followed by a slight decrease to 6.01 by June 2024.

The most recent data available is for March 2025. Given the absence of a specific value for this period, it is not possible to provide an analysis for this quarter. Overall, the trend in receivables turnover suggests changes in the efficiency of Microchip Technology Inc in converting its accounts receivable into cash over the years, with periods of both increase and decrease in turnover.