NXP Semiconductors NV (NXPI)
Activity ratios
Short-term
Turnover ratios
| 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 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Inventory turnover | 2.38 | 2.56 | 2.69 | 2.77 | 2.71 | 2.65 | 2.69 | 2.87 | 3.19 | 3.54 | 3.69 | 3.92 | 4.20 | 4.16 | 4.28 | 4.32 | 4.25 | 3.99 | 3.38 | 3.48 |
| Receivables turnover | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Payables turnover | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Working capital turnover | 3.00 | 3.20 | 3.48 | 3.35 | 3.54 | 3.61 | 3.92 | 4.20 | 3.60 | 3.71 | 3.65 | 4.79 | 3.99 | 8.21 | 3.36 | 5.21 | 3.73 | 3.83 | 3.78 | 6.24 |
Inventory Turnover Ratio:
- NXP Semiconductors NV's inventory turnover ratio has been gradually declining from 3.48 in March 2020 to 2.38 in December 2024, indicating that the company is taking longer to sell its inventory.
Receivables Turnover Ratio:
- The receivables turnover ratio is missing for all periods, suggesting that the company may not provide detailed information on how quickly it collects payments from customers.
Payables Turnover Ratio:
- Similar to the receivables turnover ratio, the payables turnover ratio is also missing for all periods, making it unclear how quickly the company pays off its suppliers.
Working Capital Turnover Ratio:
- NXP Semiconductors NV's working capital turnover ratio has shown fluctuations over the years, ranging from 3.00 to 8.21. This ratio indicates how efficiently the company is utilizing its working capital to generate sales revenue. A higher ratio suggests better efficiency in utilizing working capital.
Average number of days
| 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 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Days of inventory on hand (DOH) | days | 153.29 | 142.43 | 135.62 | 131.56 | 134.57 | 137.98 | 135.64 | 127.00 | 114.35 | 103.07 | 98.84 | 93.04 | 86.87 | 87.68 | 85.18 | 84.43 | 85.89 | 91.38 | 107.95 | 104.79 |
| Days of sales outstanding (DSO) | days | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Number of days of payables | days | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
NXP Semiconductors NV has shown fluctuations in its Days of Inventory on Hand (DOH) ratio over the past five years. The ratio has generally trended upwards, indicating that the company is carrying more inventory relative to its sales. This can be a concern as higher inventory levels tie up valuable working capital and may suggest inefficiencies in managing inventory levels.
The Days of Inventory on Hand has increased from 104.79 days as of March 31, 2020, to 153.29 days as of December 31, 2024. This prolonged holding of inventory may lead to higher storage costs, inventory obsolescence, or potential write-downs.
In contrast, the Days of Sales Outstanding (DSO) and Number of Days of Payables ratios were reported as "—" across all periods, indicating that the specific data for these ratios was not available or not provided. Without this information, it is challenging to analyze the company's efficiency in collecting receivables or managing payables.
Overall, a higher Days of Inventory on Hand ratio signals potential concerns regarding inventory management efficiency, which could impact the company's profitability and liquidity if not addressed. Analysis of DSO and payables days is necessary to gain a comprehensive understanding of NXP Semiconductors NV's working capital management.
See also:
NXP Semiconductors NV Short-term (Operating) Activity Ratios (Quarterly Data)
Long-term
| 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 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Fixed asset turnover | — | — | — | — | — | 4.12 | — | — | 4.91 | 4.35 | 4.24 | — | 4.20 | 4.20 | 4.18 | 3.97 | 3.75 | 3.40 | 3.32 | 3.39 |
| Total asset turnover | 0.52 | 0.55 | 0.57 | 0.57 | 0.55 | 0.55 | 0.55 | 0.56 | 0.57 | 0.56 | 0.55 | 0.55 | 0.53 | 0.53 | 0.48 | 0.47 | 0.43 | 0.40 | 0.40 | 0.45 |
NXP Semiconductors NV's Fixed Asset Turnover ratio has shown a consistent increasing trend over the years, indicating that the company is generating more revenue from its fixed assets. This ratio increased from 3.39 in March 2020 to 4.91 in December 2022, peaking at 4.91 before stabilizing around 4.20 to 4.35 in the most recent periods.
On the other hand, the Total Asset Turnover ratio has also shown an overall increasing trend, starting at 0.45 in March 2020 and reaching 0.57 by March 2024. This suggests that NXP Semiconductors is becoming more efficient in utilizing its total assets to generate sales, reflecting positively on the company's operational efficiency and asset management.
Overall, both the Fixed Asset Turnover and Total Asset Turnover ratios indicate improvements in the company's efficiency in utilizing its assets to generate revenue over the years, showcasing a positive trend in NXP Semiconductors NV's long-term activity performance.
See also:
NXP Semiconductors NV Long-term (Investment) Activity Ratios (Quarterly Data)