Semtech Corporation (SMTC)
Payables turnover
| Jan 31, 2025 | Jan 31, 2024 | Jan 28, 2024 | Jan 31, 2023 | Jan 29, 2023 | ||
|---|---|---|---|---|---|---|
| Cost of revenue | US$ in thousands | 452,759 | 572,508 | 1,705,820 | 277,975 | 601,097 |
| Payables | US$ in thousands | — | — | 45,051 | — | 100,676 |
| Payables turnover | — | — | 37.86 | — | 5.97 |
January 31, 2025 calculation
Payables turnover = Cost of revenue ÷ Payables
= $452,759K ÷ $—K
= —
The payables turnover ratio for Semtech Corporation shows a significant increase from 5.97 in January 2023 to 37.86 in January 2024. This indicates that the company is able to repay its suppliers or creditors much more quickly in 2024 compared to 2023. However, there is missing data for January 2023 and 2025, which limits the ability to assess the trend over the entire period effectively. An increasing payables turnover ratio may suggest that the company is managing its payables efficiently, negotiating better credit terms, or settling its obligations promptly. Further analysis of the complete data set would provide a more comprehensive understanding of Semtech Corporation's payables management strategy.
Peer comparison
Jan 31, 2025