Semtech Corporation (SMTC)
Receivables turnover
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 | ||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Revenue (ttm) | US$ in thousands | 909,285 | 851,233 | 783,447 | 768,991 | 735,256 | 780,680 | 825,893 | 861,533 | 856,675 | 777,728 | 741,094 | 681,058 | 722,800 | 764,726 | 789,257 | 803,304 | 782,799 | 776,380 | 758,224 | 752,678 |
Receivables | US$ in thousands | — | — | — | — | — | 151,624 | — | 156,613 | — | 159,097 | — | — | 174,220 | — | 80,539 | — | — | — | — | 71,507 |
Receivables turnover | — | — | — | — | — | 5.15 | — | 5.50 | — | 4.89 | — | — | 4.15 | — | 9.80 | — | — | — | — | 10.53 |
January 31, 2025 calculation
Receivables turnover = Revenue (ttm) ÷ Receivables
= $909,285K ÷ $—K
= —
Based on the provided data for Semtech Corporation's receivables turnover ratio, the trend shows fluctuations over the years.
In January 2022, the receivables turnover ratio was 10.53, indicating that the company was able to convert its accounts receivable into cash 10.53 times during the year. However, the ratio was not reported for the subsequent dates until October 2022, when it decreased to 9.80.
There was another significant drop in the receivables turnover ratio in January 2023 to 4.15, suggesting a slower rate of collections compared to the previous periods.
The ratio continued to fluctuate over the following quarters, with values of 4.89 in July 2023, 5.50 in October 2023, and 5.15 in January 2024.
From January 2024 onwards, the data was not provided, which makes it challenging to analyze the receivables turnover trend beyond that point.
Overall, the trend in Semtech Corporation's receivables turnover ratio indicates variations in the efficiency of the company's accounts receivable management and collection practices. A high turnover ratio is generally considered favorable as it signifies quicker collections, while a declining ratio may suggest potential issues with collecting outstanding receivables timely.
Peer comparison
Jan 31, 2025