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.