Semtech Corporation (SMTC)

Days of inventory on hand (DOH)

		Jan 31, 2025	Oct 31, 2024	Jul 31, 2024	Apr 30, 2024	Jan 31, 2024	Jan 28, 2024	Oct 31, 2023	Oct 29, 2023	Jul 31, 2023	Jul 30, 2023	Apr 30, 2023	Jan 31, 2023	Jan 29, 2023	Oct 31, 2022	Oct 30, 2022	Jul 31, 2022	May 1, 2022	Apr 30, 2022	Jan 31, 2022	Jan 30, 2022
Inventory turnover		2.76	2.66	5.08	5.32	5.86	6.11	5.66	5.82	4.65	5.30	2.45	2.39	2.40	3.25	3.33	3.07	3.41	2.99	3.17	3.18
DOH	days	132.47	137.33	71.87	68.59	62.26	59.75	64.49	62.72	78.44	68.83	149.10	152.78	151.91	112.44	109.75	119.00	106.88	121.95	115.29	114.94

January 31, 2025 calculation

DOH = 365 ÷ Inventory turnover
= 365 ÷ 2.76
= 132.47

The days of inventory on hand (DOH) for Semtech Corporation have shown fluctuations over the analyzed periods. At the beginning of the data set on January 30, 2022, the DOH was recorded at 114.94 days and increased slightly to 115.29 days by January 31, 2022. Subsequently, there were further increases in the DOH, reaching a peak of 152.78 days on January 31, 2023.

However, a significant decrease in the DOH was observed by July 30, 2023, when it dropped to 68.83 days, followed by a slight increase to 78.44 days by July 31, 2023. This trend of reduced DOH continued with further declines recorded in the subsequent periods, reaching a low of 59.75 days on January 28, 2024.

The inventory management efficiency improved during the analyzed periods, indicated by the decreasing trend of DOH from the peak in early 2023 to the lower levels observed towards the end of the data set in January 31, 2025, with a DOH of 132.47 days.

Overall, Semtech Corporation has shown variability in its inventory management effectiveness, with efforts to reduce the days of inventory on hand evident in the latter periods of the analysis.