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.