Analysis of Short-term (Operating) Activity Ratios
Quarterly Data
Activity ratios measure how efficiently a company performs day-to-day tasks, such us the collection of receivables and management of inventory.
Short-term Activity Ratios (Summary)
NXP Semiconductors N.V., short-term (operating) activity ratios (quarterly data)
Based on: 10-Q (reporting date: 2022-07-03), 10-Q (reporting date: 2022-04-03), 10-K (reporting date: 2021-12-31), 10-Q (reporting date: 2021-10-03), 10-Q (reporting date: 2021-07-04), 10-Q (reporting date: 2021-04-04), 10-K (reporting date: 2020-12-31), 10-Q (reporting date: 2020-09-27), 10-Q (reporting date: 2020-06-28), 10-Q (reporting date: 2020-03-29).
| Short-term activity ratio | Description | The company |
|---|---|---|
| Inventory turnover | An activity ratio calculated as cost of goods sold divided by inventory. | NXP Semiconductors N.V. inventory turnover ratio deteriorated from Q4 2021 to Q1 2022 and from Q1 2022 to Q2 2022. |
| Receivables turnover | An activity ratio equal to revenue divided by receivables. | NXP Semiconductors N.V. receivables turnover ratio improved from Q4 2021 to Q1 2022 but then slightly deteriorated from Q1 2022 to Q2 2022. |
| Payables turnover | An activity ratio calculated as cost of goods sold divided by payables. | NXP Semiconductors N.V. payables turnover ratio decreased from Q4 2021 to Q1 2022 and from Q1 2022 to Q2 2022. |
| Working capital turnover | An activity ratio calculated as revenue divided by working capital. | NXP Semiconductors N.V. working capital turnover ratio improved from Q4 2021 to Q1 2022 but then deteriorated significantly from Q1 2022 to Q2 2022. |
| Short-term activity ratio | Description | The company |
|---|---|---|
| Average inventory processing period | An activity ratio equal to the number of days in the period divided by inventory turnover over the period. | NXP Semiconductors N.V. number of days of inventory outstanding deteriorated from Q4 2021 to Q1 2022 and from Q1 2022 to Q2 2022. |
| Average receivable collection period | An activity ratio equal to the number of days in the period divided by receivables turnover. | |
| Operating cycle | Equal to average inventory processing period plus average receivables collection period. | NXP Semiconductors N.V. operating cycle deteriorated from Q4 2021 to Q1 2022 and from Q1 2022 to Q2 2022. |
| Average payables payment period | An estimate of the average number of days it takes a company to pay its suppliers; equal to the number of days in the period divided by payables turnover ratio for the period. | NXP Semiconductors N.V. number of days of payables outstanding increased from Q4 2021 to Q1 2022 and from Q1 2022 to Q2 2022. |
| Cash conversion cycle | A financial metric that measures the length of time required for a company to convert cash invested in its operations to cash received as a result of its operations; equal to average inventory processing period plus average receivables collection period minus average payables payment period. | NXP Semiconductors N.V. cash conversion cycle improved from Q4 2021 to Q1 2022 but then deteriorated significantly from Q1 2022 to Q2 2022. |
Inventory Turnover
NXP Semiconductors N.V., inventory turnover calculation (quarterly data)
| Jul 3, 2022 | Apr 3, 2022 | Dec 31, 2021 | Oct 3, 2021 | Jul 4, 2021 | Apr 4, 2021 | Dec 31, 2020 | Sep 27, 2020 | Jun 28, 2020 | Mar 29, 2020 | |||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Selected Financial Data (US$ in millions) | ||||||||||||||
| Cost of revenue | 1,430) | 1,359) | 1,332) | 1,278) | 1,174) | 1,212) | 1,219) | 1,177) | 957) | 1,024) | ||||
| Inventories, net | 1,462) | 1,311) | 1,189) | 1,173) | 1,116) | 1,056) | 1,030) | 1,064) | 1,228) | 1,227) | ||||
| Short-term Activity Ratio | ||||||||||||||
| Inventory turnover1 | 3.69 | 3.92 | 4.20 | 4.16 | 4.28 | 4.32 | 4.25 | — | — | — | ||||
| Benchmarks | ||||||||||||||
| Inventory Turnover, Competitors2 | ||||||||||||||
| Advanced Micro Devices Inc. | 4.24 | 4.00 | 4.35 | 4.15 | 4.10 | 3.81 | 3.87 | 3.72 | 3.21 | 3.86 | ||||
| Analog Devices Inc. | 3.78 | 3.66 | 2.33 | 3.16 | 3.16 | 3.18 | 3.14 | 3.12 | 3.23 | 3.28 | ||||
| Applied Materials Inc. | 2.60 | 2.79 | 2.82 | 2.80 | 2.65 | 2.55 | 2.44 | 2.30 | 2.32 | 2.43 | ||||
| Broadcom Inc. | 6.40 | 6.95 | 8.18 | 9.10 | 10.44 | 11.01 | 10.34 | 9.51 | 10.76 | 10.73 | ||||
| Intel Corp. | 3.02 | 2.97 | 3.27 | 3.50 | 3.91 | 4.15 | 4.06 | 3.66 | 3.71 | 3.32 | ||||
| KLA Corp. | 1.75 | 1.73 | 1.76 | 1.81 | 1.76 | 1.77 | 1.87 | 1.91 | 1.85 | 1.67 | ||||
| Lam Research Corp. | 2.89 | 2.95 | 2.91 | 2.78 | 2.71 | 2.77 | 2.86 | 3.11 | 3.42 | 3.51 | ||||
| Micron Technology Inc. | 3.14 | 3.60 | 3.85 | 3.73 | 3.43 | 2.74 | 2.65 | 2.66 | 2.62 | 2.67 | ||||
| Monolithic Power Systems Inc. | 1.75 | 1.83 | 2.01 | 2.33 | 2.61 | 2.38 | 2.41 | 2.36 | 2.03 | 2.22 | ||||
| NVIDIA Corp. | 3.75 | 3.63 | 3.44 | 3.69 | 3.47 | 3.81 | 4.24 | 3.88 | 3.50 | 3.04 | ||||
| Qualcomm Inc. | 3.58 | 3.90 | 4.42 | 4.18 | 4.41 | 4.17 | 3.56 | 3.67 | 5.08 | 6.00 | ||||
| Texas Instruments Inc. | 2.74 | 2.88 | 3.12 | 3.18 | 3.12 | 2.88 | 2.66 | 2.42 | 2.33 | 2.56 | ||||
Based on: 10-Q (reporting date: 2022-07-03), 10-Q (reporting date: 2022-04-03), 10-K (reporting date: 2021-12-31), 10-Q (reporting date: 2021-10-03), 10-Q (reporting date: 2021-07-04), 10-Q (reporting date: 2021-04-04), 10-K (reporting date: 2020-12-31), 10-Q (reporting date: 2020-09-27), 10-Q (reporting date: 2020-06-28), 10-Q (reporting date: 2020-03-29).
1 Q2 2022 Calculation
Inventory turnover
= (Cost of revenueQ2 2022
+ Cost of revenueQ1 2022
+ Cost of revenueQ4 2021
+ Cost of revenueQ3 2021)
÷ Inventories, net
= (1,430 + 1,359 + 1,332 + 1,278)
÷ 1,462 = 3.69
2 Click competitor name to see calculations.
| Short-term activity ratio | Description | The company |
|---|---|---|
| Inventory turnover | An activity ratio calculated as cost of goods sold divided by inventory. | NXP Semiconductors N.V. inventory turnover ratio deteriorated from Q4 2021 to Q1 2022 and from Q1 2022 to Q2 2022. |
Receivables Turnover
NXP Semiconductors N.V., receivables turnover calculation (quarterly data)
| Jul 3, 2022 | Apr 3, 2022 | Dec 31, 2021 | Oct 3, 2021 | Jul 4, 2021 | Apr 4, 2021 | Dec 31, 2020 | Sep 27, 2020 | Jun 28, 2020 | Mar 29, 2020 | |||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Selected Financial Data (US$ in millions) | ||||||||||||||
| Revenue | 3,312) | 3,136) | 3,039) | 2,861) | 2,596) | 2,567) | 2,507) | 2,267) | 1,817) | 2,021) | ||||
| Accounts receivables, net | 996) | 925) | 923) | 979) | 991) | 833) | 765) | 755) | 481) | 616) | ||||
| Short-term Activity Ratio | ||||||||||||||
| Receivables turnover1 | 12.40 | 12.58 | 11.99 | 10.76 | 10.03 | 10.99 | 11.26 | — | — | — | ||||
| Benchmarks | ||||||||||||||
| Receivables Turnover, Competitors2 | ||||||||||||||
| Advanced Micro Devices Inc. | 5.33 | 5.13 | 6.07 | 6.68 | 6.60 | 5.24 | 4.73 | 4.05 | 4.27 | 4.28 | ||||
| Analog Devices Inc. | 6.07 | 5.16 | 5.02 | 7.90 | 7.62 | 7.08 | 7.60 | 8.10 | 9.42 | 9.85 | ||||
| Applied Materials Inc. | 5.09 | 5.49 | 4.66 | 5.66 | 5.87 | 5.98 | 5.81 | 5.80 | 5.88 | 5.61 | ||||
| Broadcom Inc. | 9.73 | 11.23 | 13.25 | 11.87 | 10.54 | 9.78 | 10.40 | 8.64 | 7.13 | 6.21 | ||||
| Intel Corp. | 12.11 | 10.98 | 8.36 | 9.34 | 10.40 | 10.78 | 11.48 | 10.94 | 10.61 | 8.96 | ||||
| KLA Corp. | 4.72 | 5.10 | 5.30 | 5.37 | 4.98 | 5.77 | 5.24 | 5.01 | 4.43 | 4.59 | ||||
| Lam Research Corp. | 4.86 | 4.64 | 4.83 | 4.72 | 4.11 | 4.77 | 4.79 | 4.39 | 4.70 | 5.80 | ||||
| Micron Technology Inc. | 5.79 | 5.64 | 5.22 | 6.02 | 7.01 | 5.98 | 5.48 | 5.62 | 6.43 | 6.04 | ||||
| Monolithic Power Systems Inc. | 11.94 | 11.06 | 11.52 | 13.83 | 13.41 | 11.10 | 12.63 | 8.32 | 12.47 | 12.00 | ||||
| NVIDIA Corp. | 6.11 | 6.37 | 6.86 | 5.80 | 6.27 | 6.18 | 6.59 | 6.89 | 6.52 | 8.64 | ||||
| Texas Instruments Inc. | 8.95 | 10.56 | 10.78 | 10.64 | 10.54 | 9.74 | 10.23 | 9.87 | 11.64 | 10.73 | ||||
Based on: 10-Q (reporting date: 2022-07-03), 10-Q (reporting date: 2022-04-03), 10-K (reporting date: 2021-12-31), 10-Q (reporting date: 2021-10-03), 10-Q (reporting date: 2021-07-04), 10-Q (reporting date: 2021-04-04), 10-K (reporting date: 2020-12-31), 10-Q (reporting date: 2020-09-27), 10-Q (reporting date: 2020-06-28), 10-Q (reporting date: 2020-03-29).
1 Q2 2022 Calculation
Receivables turnover
= (RevenueQ2 2022
+ RevenueQ1 2022
+ RevenueQ4 2021
+ RevenueQ3 2021)
÷ Accounts receivables, net
= (3,312 + 3,136 + 3,039 + 2,861)
÷ 996 = 12.40
2 Click competitor name to see calculations.
| Short-term activity ratio | Description | The company |
|---|---|---|
| Receivables turnover | An activity ratio equal to revenue divided by receivables. | NXP Semiconductors N.V. receivables turnover ratio improved from Q4 2021 to Q1 2022 but then slightly deteriorated from Q1 2022 to Q2 2022. |
Payables Turnover
NXP Semiconductors N.V., payables turnover calculation (quarterly data)
| Jul 3, 2022 | Apr 3, 2022 | Dec 31, 2021 | Oct 3, 2021 | Jul 4, 2021 | Apr 4, 2021 | Dec 31, 2020 | Sep 27, 2020 | Jun 28, 2020 | Mar 29, 2020 | |||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Selected Financial Data (US$ in millions) | ||||||||||||||
| Cost of revenue | 1,430) | 1,359) | 1,332) | 1,278) | 1,174) | 1,212) | 1,219) | 1,177) | 957) | 1,024) | ||||
| Accounts payable | 1,462) | 1,369) | 1,252) | 1,140) | 1,167) | 1,033) | 991) | 697) | 729) | 895) | ||||
| Short-term Activity Ratio | ||||||||||||||
| Payables turnover1 | 3.69 | 3.76 | 3.99 | 4.28 | 4.10 | 4.42 | 4.42 | — | — | — | ||||
| Benchmarks | ||||||||||||||
| Payables Turnover, Competitors2 | ||||||||||||||
| Advanced Micro Devices Inc. | 7.39 | 6.58 | 6.44 | 7.54 | 8.66 | 6.64 | 11.57 | 6.38 | 5.30 | 6.25 | ||||
| Analog Devices Inc. | 9.01 | 8.17 | 6.30 | 7.82 | 7.25 | 8.66 | 8.42 | 8.85 | 9.83 | 9.12 | ||||
| Broadcom Inc. | 9.98 | 9.80 | 9.77 | 10.91 | 12.63 | 11.67 | 12.41 | 9.41 | 8.33 | 10.28 | ||||
| Intel Corp. | 4.63 | 4.92 | 6.13 | 5.05 | 5.82 | 6.49 | 6.14 | 6.58 | 6.59 | 6.61 | ||||
| KLA Corp. | 8.43 | 7.79 | 8.10 | 8.88 | 9.53 | 9.69 | 9.27 | 9.95 | 9.03 | 9.45 | ||||
| Lam Research Corp. | 9.31 | 10.12 | 9.43 | 9.33 | 8.82 | 8.94 | 9.18 | 10.43 | 11.56 | 12.52 | ||||
| Monolithic Power Systems Inc. | 8.07 | 7.93 | 6.29 | 6.71 | 7.86 | 7.30 | 9.92 | 7.25 | 6.83 | 7.75 | ||||
| NVIDIA Corp. | 5.38 | 5.94 | 5.23 | 5.03 | 5.44 | 5.65 | 6.04 | 6.87 | 9.66 | 11.77 | ||||
| Qualcomm Inc. | 4.37 | 4.28 | 5.19 | 4.83 | 4.62 | 4.38 | 4.12 | 4.21 | 4.19 | 4.96 | ||||
| Texas Instruments Inc. | 8.46 | 9.27 | 9.14 | 9.93 | 9.86 | 9.60 | 12.51 | 12.20 | 12.17 | 14.12 | ||||
Based on: 10-Q (reporting date: 2022-07-03), 10-Q (reporting date: 2022-04-03), 10-K (reporting date: 2021-12-31), 10-Q (reporting date: 2021-10-03), 10-Q (reporting date: 2021-07-04), 10-Q (reporting date: 2021-04-04), 10-K (reporting date: 2020-12-31), 10-Q (reporting date: 2020-09-27), 10-Q (reporting date: 2020-06-28), 10-Q (reporting date: 2020-03-29).
1 Q2 2022 Calculation
Payables turnover
= (Cost of revenueQ2 2022
+ Cost of revenueQ1 2022
+ Cost of revenueQ4 2021
+ Cost of revenueQ3 2021)
÷ Accounts payable
= (1,430 + 1,359 + 1,332 + 1,278)
÷ 1,462 = 3.69
2 Click competitor name to see calculations.
| Short-term activity ratio | Description | The company |
|---|---|---|
| Payables turnover | An activity ratio calculated as cost of goods sold divided by payables. | NXP Semiconductors N.V. payables turnover ratio decreased from Q4 2021 to Q1 2022 and from Q1 2022 to Q2 2022. |
Working Capital Turnover
NXP Semiconductors N.V., working capital turnover calculation (quarterly data)
| Jul 3, 2022 | Apr 3, 2022 | Dec 31, 2021 | Oct 3, 2021 | Jul 4, 2021 | Apr 4, 2021 | Dec 31, 2020 | Sep 27, 2020 | Jun 28, 2020 | Mar 29, 2020 | |||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Selected Financial Data (US$ in millions) | ||||||||||||||
| Current assets | 6,320) | 5,275) | 5,228) | 4,721) | 5,291) | 4,024) | 4,324) | 5,604) | 5,215) | 3,249) | ||||
| Less: Current liabilities | 2,941) | 2,845) | 2,452) | 3,438) | 2,336) | 2,265) | 2,017) | 3,411) | 2,992) | 1,831) | ||||
| Working capital | 3,379) | 2,430) | 2,776) | 1,283) | 2,955) | 1,759) | 2,307) | 2,193) | 2,223) | 1,418) | ||||
| Revenue | 3,312) | 3,136) | 3,039) | 2,861) | 2,596) | 2,567) | 2,507) | 2,267) | 1,817) | 2,021) | ||||
| Short-term Activity Ratio | ||||||||||||||
| Working capital turnover1 | 3.65 | 4.79 | 3.99 | 8.21 | 3.36 | 5.21 | 3.73 | — | — | — | ||||
| Benchmarks | ||||||||||||||
| Working Capital Turnover, Competitors2 | ||||||||||||||
| Advanced Micro Devices Inc. | 2.72 | 2.42 | 3.78 | 3.36 | 2.71 | 2.64 | 2.62 | 2.80 | 2.86 | 3.01 | ||||
| Analog Devices Inc. | 4.23 | 3.50 | 2.81 | 21.89 | 49.24 | 6.18 | 4.86 | 6.92 | 11.81 | 40.91 | ||||
| Applied Materials Inc. | 2.89 | 2.56 | 2.36 | 2.14 | 1.95 | 1.86 | 1.93 | 2.04 | 1.94 | 2.42 | ||||
| Broadcom Inc. | 3.80 | 3.15 | 2.66 | 2.90 | 3.27 | 3.25 | 4.32 | 3.32 | 3.00 | 5.19 | ||||
| Intel Corp. | 3.14 | 2.34 | 2.61 | 2.47 | 3.16 | 3.59 | 3.46 | 5.32 | 3.60 | 4.30 | ||||
| KLA Corp. | 2.08 | 2.06 | 1.93 | 1.91 | 1.90 | 1.97 | 1.92 | 2.10 | 1.99 | 2.03 | ||||
| Lam Research Corp. | 2.01 | 2.04 | 1.80 | 1.72 | 1.51 | 1.41 | 1.31 | 1.32 | 1.62 | 1.49 | ||||
| Micron Technology Inc. | 2.14 | 2.17 | 2.05 | 1.95 | 1.98 | 2.04 | 1.89 | 1.73 | 1.93 | 2.10 | ||||
| Monolithic Power Systems Inc. | 1.39 | 1.37 | 1.35 | 1.32 | 1.36 | 1.27 | 1.21 | 1.18 | 1.12 | 1.10 | ||||
| NVIDIA Corp. | 1.03 | 1.36 | 1.37 | 1.38 | 1.06 | 0.67 | 0.92 | 0.92 | 1.01 | 1.14 | ||||
| Qualcomm Inc. | 4.80 | 4.53 | 4.13 | 3.96 | 3.19 | 2.53 | 2.39 | 2.62 | 4.47 | 3.50 | ||||
| Texas Instruments Inc. | 1.87 | 1.65 | 1.65 | 1.57 | 1.87 | 1.77 | 1.84 | 1.94 | 2.16 | 2.38 | ||||
Based on: 10-Q (reporting date: 2022-07-03), 10-Q (reporting date: 2022-04-03), 10-K (reporting date: 2021-12-31), 10-Q (reporting date: 2021-10-03), 10-Q (reporting date: 2021-07-04), 10-Q (reporting date: 2021-04-04), 10-K (reporting date: 2020-12-31), 10-Q (reporting date: 2020-09-27), 10-Q (reporting date: 2020-06-28), 10-Q (reporting date: 2020-03-29).
1 Q2 2022 Calculation
Working capital turnover
= (RevenueQ2 2022
+ RevenueQ1 2022
+ RevenueQ4 2021
+ RevenueQ3 2021)
÷ Working capital
= (3,312 + 3,136 + 3,039 + 2,861)
÷ 3,379 = 3.65
2 Click competitor name to see calculations.
| Short-term activity ratio | Description | The company |
|---|---|---|
| Working capital turnover | An activity ratio calculated as revenue divided by working capital. | NXP Semiconductors N.V. working capital turnover ratio improved from Q4 2021 to Q1 2022 but then deteriorated significantly from Q1 2022 to Q2 2022. |
Average Inventory Processing Period
NXP Semiconductors N.V., average inventory processing period calculation (quarterly data)
| Jul 3, 2022 | Apr 3, 2022 | Dec 31, 2021 | Oct 3, 2021 | Jul 4, 2021 | Apr 4, 2021 | Dec 31, 2020 | Sep 27, 2020 | Jun 28, 2020 | Mar 29, 2020 | |||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Selected Financial Data | ||||||||||||||
| Inventory turnover | 3.69 | 3.92 | 4.20 | 4.16 | 4.28 | 4.32 | 4.25 | — | — | — | ||||
| Short-term Activity Ratio (no. days) | ||||||||||||||
| Average inventory processing period1 | 99 | 93 | 87 | 88 | 85 | 84 | 86 | — | — | — | ||||
| Benchmarks (no. days) | ||||||||||||||
| Average Inventory Processing Period, Competitors2 | ||||||||||||||
| Advanced Micro Devices Inc. | 86 | 91 | 84 | 88 | 89 | 96 | 94 | 98 | 114 | 94 | ||||
| Analog Devices Inc. | 97 | 100 | 157 | 115 | 116 | 115 | 116 | 117 | 113 | 111 | ||||
| Applied Materials Inc. | 140 | 131 | 129 | 130 | 138 | 143 | 150 | 159 | 157 | 150 | ||||
| Broadcom Inc. | 57 | 53 | 45 | 40 | 35 | 33 | 35 | 38 | 34 | 34 | ||||
| Intel Corp. | 121 | 123 | 112 | 104 | 93 | 88 | 90 | 100 | 98 | 110 | ||||
| KLA Corp. | 208 | 211 | 207 | 202 | 207 | 206 | 195 | 191 | 197 | 219 | ||||
| Lam Research Corp. | 126 | 124 | 126 | 131 | 135 | 132 | 128 | 117 | 107 | 104 | ||||
| Micron Technology Inc. | 116 | 101 | 95 | 98 | 106 | 133 | 138 | 137 | 139 | 137 | ||||
| Monolithic Power Systems Inc. | 209 | 200 | 181 | 157 | 140 | 153 | 151 | 155 | 180 | 164 | ||||
| NVIDIA Corp. | 97 | 100 | 106 | 99 | 105 | 96 | 86 | 94 | 104 | 120 | ||||
| Qualcomm Inc. | 102 | 93 | 83 | 87 | 83 | 88 | 102 | 99 | 72 | 61 | ||||
| Texas Instruments Inc. | 133 | 127 | 117 | 115 | 117 | 127 | 137 | 151 | 157 | 143 | ||||
Based on: 10-Q (reporting date: 2022-07-03), 10-Q (reporting date: 2022-04-03), 10-K (reporting date: 2021-12-31), 10-Q (reporting date: 2021-10-03), 10-Q (reporting date: 2021-07-04), 10-Q (reporting date: 2021-04-04), 10-K (reporting date: 2020-12-31), 10-Q (reporting date: 2020-09-27), 10-Q (reporting date: 2020-06-28), 10-Q (reporting date: 2020-03-29).
1 Q2 2022 Calculation
Average inventory processing period = 365 ÷ Inventory turnover
= 365 ÷ 3.69 = 99
2 Click competitor name to see calculations.
| Short-term activity ratio | Description | The company |
|---|---|---|
| Average inventory processing period | An activity ratio equal to the number of days in the period divided by inventory turnover over the period. | NXP Semiconductors N.V. number of days of inventory outstanding deteriorated from Q4 2021 to Q1 2022 and from Q1 2022 to Q2 2022. |
Average Receivable Collection Period
NXP Semiconductors N.V., average receivable collection period calculation (quarterly data)
| Jul 3, 2022 | Apr 3, 2022 | Dec 31, 2021 | Oct 3, 2021 | Jul 4, 2021 | Apr 4, 2021 | Dec 31, 2020 | Sep 27, 2020 | Jun 28, 2020 | Mar 29, 2020 | |||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Selected Financial Data | ||||||||||||||
| Receivables turnover | 12.40 | 12.58 | 11.99 | 10.76 | 10.03 | 10.99 | 11.26 | — | — | — | ||||
| Short-term Activity Ratio (no. days) | ||||||||||||||
| Average receivable collection period1 | 29 | 29 | 30 | 34 | 36 | 33 | 32 | — | — | — | ||||
| Benchmarks (no. days) | ||||||||||||||
| Average Receivable Collection Period, Competitors2 | ||||||||||||||
| Advanced Micro Devices Inc. | 69 | 71 | 60 | 55 | 55 | 70 | 77 | 90 | 85 | 85 | ||||
| Analog Devices Inc. | 60 | 71 | 73 | 46 | 48 | 52 | 48 | 45 | 39 | 37 | ||||
| Applied Materials Inc. | 72 | 67 | 78 | 65 | 62 | 61 | 63 | 63 | 62 | 65 | ||||
| Broadcom Inc. | 38 | 33 | 28 | 31 | 35 | 37 | 35 | 42 | 51 | 59 | ||||
| Intel Corp. | 30 | 33 | 44 | 39 | 35 | 34 | 32 | 33 | 34 | 41 | ||||
| KLA Corp. | 77 | 72 | 69 | 68 | 73 | 63 | 70 | 73 | 82 | 80 | ||||
| Lam Research Corp. | 75 | 79 | 76 | 77 | 89 | 77 | 76 | 83 | 78 | 63 | ||||
| Micron Technology Inc. | 63 | 65 | 70 | 61 | 52 | 61 | 67 | 65 | 57 | 60 | ||||
| Monolithic Power Systems Inc. | 31 | 33 | 32 | 26 | 27 | 33 | 29 | 44 | 29 | 30 | ||||
| NVIDIA Corp. | 60 | 57 | 53 | 63 | 58 | 59 | 55 | 53 | 56 | 42 | ||||
| Texas Instruments Inc. | 41 | 35 | 34 | 34 | 35 | 37 | 36 | 37 | 31 | 34 | ||||
Based on: 10-Q (reporting date: 2022-07-03), 10-Q (reporting date: 2022-04-03), 10-K (reporting date: 2021-12-31), 10-Q (reporting date: 2021-10-03), 10-Q (reporting date: 2021-07-04), 10-Q (reporting date: 2021-04-04), 10-K (reporting date: 2020-12-31), 10-Q (reporting date: 2020-09-27), 10-Q (reporting date: 2020-06-28), 10-Q (reporting date: 2020-03-29).
1 Q2 2022 Calculation
Average receivable collection period = 365 ÷ Receivables turnover
= 365 ÷ 12.40 = 29
2 Click competitor name to see calculations.
| Short-term activity ratio | Description | The company |
|---|---|---|
| Average receivable collection period | An activity ratio equal to the number of days in the period divided by receivables turnover. |
Operating Cycle
NXP Semiconductors N.V., operating cycle calculation (quarterly data)
No. days
| Jul 3, 2022 | Apr 3, 2022 | Dec 31, 2021 | Oct 3, 2021 | Jul 4, 2021 | Apr 4, 2021 | Dec 31, 2020 | Sep 27, 2020 | Jun 28, 2020 | Mar 29, 2020 | |||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Selected Financial Data | ||||||||||||||
| Average inventory processing period | 99 | 93 | 87 | 88 | 85 | 84 | 86 | — | — | — | ||||
| Average receivable collection period | 29 | 29 | 30 | 34 | 36 | 33 | 32 | — | — | — | ||||
| Short-term Activity Ratio | ||||||||||||||
| Operating cycle1 | 128 | 122 | 117 | 122 | 121 | 117 | 118 | — | — | — | ||||
| Benchmarks | ||||||||||||||
| Operating Cycle, Competitors2 | ||||||||||||||
| Advanced Micro Devices Inc. | 155 | 162 | 144 | 143 | 144 | 166 | 171 | 188 | 199 | 179 | ||||
| Analog Devices Inc. | 157 | 171 | 230 | 161 | 164 | 167 | 164 | 162 | 152 | 148 | ||||
| Applied Materials Inc. | 212 | 198 | 207 | 195 | 200 | 204 | 213 | 222 | 219 | 215 | ||||
| Broadcom Inc. | 95 | 86 | 73 | 71 | 70 | 70 | 70 | 80 | 85 | 93 | ||||
| Intel Corp. | 151 | 156 | 156 | 143 | 128 | 122 | 122 | 133 | 132 | 151 | ||||
| KLA Corp. | 285 | 283 | 276 | 270 | 280 | 269 | 265 | 264 | 279 | 299 | ||||
| Lam Research Corp. | 201 | 203 | 202 | 208 | 224 | 209 | 204 | 200 | 185 | 167 | ||||
| Micron Technology Inc. | 179 | 166 | 165 | 159 | 158 | 194 | 205 | 202 | 196 | 197 | ||||
| Monolithic Power Systems Inc. | 240 | 233 | 213 | 183 | 167 | 186 | 180 | 199 | 209 | 194 | ||||
| NVIDIA Corp. | 157 | 157 | 159 | 162 | 163 | 155 | 141 | 147 | 160 | 162 | ||||
| Texas Instruments Inc. | 174 | 162 | 151 | 149 | 152 | 164 | 173 | 188 | 188 | 177 | ||||
Based on: 10-Q (reporting date: 2022-07-03), 10-Q (reporting date: 2022-04-03), 10-K (reporting date: 2021-12-31), 10-Q (reporting date: 2021-10-03), 10-Q (reporting date: 2021-07-04), 10-Q (reporting date: 2021-04-04), 10-K (reporting date: 2020-12-31), 10-Q (reporting date: 2020-09-27), 10-Q (reporting date: 2020-06-28), 10-Q (reporting date: 2020-03-29).
1 Q2 2022 Calculation
Operating cycle = Average inventory processing period + Average receivable collection period
= 99 + 29 = 128
2 Click competitor name to see calculations.
| Short-term activity ratio | Description | The company |
|---|---|---|
| Operating cycle | Equal to average inventory processing period plus average receivables collection period. | NXP Semiconductors N.V. operating cycle deteriorated from Q4 2021 to Q1 2022 and from Q1 2022 to Q2 2022. |
Average Payables Payment Period
NXP Semiconductors N.V., average payables payment period calculation (quarterly data)
| Jul 3, 2022 | Apr 3, 2022 | Dec 31, 2021 | Oct 3, 2021 | Jul 4, 2021 | Apr 4, 2021 | Dec 31, 2020 | Sep 27, 2020 | Jun 28, 2020 | Mar 29, 2020 | |||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Selected Financial Data | ||||||||||||||
| Payables turnover | 3.69 | 3.76 | 3.99 | 4.28 | 4.10 | 4.42 | 4.42 | — | — | — | ||||
| Short-term Activity Ratio (no. days) | ||||||||||||||
| Average payables payment period1 | 99 | 97 | 91 | 85 | 89 | 83 | 83 | — | — | — | ||||
| Benchmarks (no. days) | ||||||||||||||
| Average Payables Payment Period, Competitors2 | ||||||||||||||
| Advanced Micro Devices Inc. | 49 | 55 | 57 | 48 | 42 | 55 | 32 | 57 | 69 | 58 | ||||
| Analog Devices Inc. | 41 | 45 | 58 | 47 | 50 | 42 | 43 | 41 | 37 | 40 | ||||
| Broadcom Inc. | 37 | 37 | 37 | 33 | 29 | 31 | 29 | 39 | 44 | 36 | ||||
| Intel Corp. | 79 | 74 | 60 | 72 | 63 | 56 | 59 | 55 | 55 | 55 | ||||
| KLA Corp. | 43 | 47 | 45 | 41 | 38 | 38 | 39 | 37 | 40 | 39 | ||||
| Lam Research Corp. | 39 | 36 | 39 | 39 | 41 | 41 | 40 | 35 | 32 | 29 | ||||
| Monolithic Power Systems Inc. | 45 | 46 | 58 | 54 | 46 | 50 | 37 | 50 | 53 | 47 | ||||
| NVIDIA Corp. | 68 | 61 | 70 | 72 | 67 | 65 | 60 | 53 | 38 | 31 | ||||
| Qualcomm Inc. | 83 | 85 | 70 | 76 | 79 | 83 | 89 | 87 | 87 | 74 | ||||
| Texas Instruments Inc. | 43 | 39 | 40 | 37 | 37 | 38 | 29 | 30 | 30 | 26 | ||||
Based on: 10-Q (reporting date: 2022-07-03), 10-Q (reporting date: 2022-04-03), 10-K (reporting date: 2021-12-31), 10-Q (reporting date: 2021-10-03), 10-Q (reporting date: 2021-07-04), 10-Q (reporting date: 2021-04-04), 10-K (reporting date: 2020-12-31), 10-Q (reporting date: 2020-09-27), 10-Q (reporting date: 2020-06-28), 10-Q (reporting date: 2020-03-29).
1 Q2 2022 Calculation
Average payables payment period = 365 ÷ Payables turnover
= 365 ÷ 3.69 = 99
2 Click competitor name to see calculations.
| Short-term activity ratio | Description | The company |
|---|---|---|
| Average payables payment period | An estimate of the average number of days it takes a company to pay its suppliers; equal to the number of days in the period divided by payables turnover ratio for the period. | NXP Semiconductors N.V. number of days of payables outstanding increased from Q4 2021 to Q1 2022 and from Q1 2022 to Q2 2022. |
Cash Conversion Cycle
NXP Semiconductors N.V., cash conversion cycle calculation (quarterly data)
No. days
| Jul 3, 2022 | Apr 3, 2022 | Dec 31, 2021 | Oct 3, 2021 | Jul 4, 2021 | Apr 4, 2021 | Dec 31, 2020 | Sep 27, 2020 | Jun 28, 2020 | Mar 29, 2020 | |||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Selected Financial Data | ||||||||||||||
| Average inventory processing period | 99 | 93 | 87 | 88 | 85 | 84 | 86 | — | — | — | ||||
| Average receivable collection period | 29 | 29 | 30 | 34 | 36 | 33 | 32 | — | — | — | ||||
| Average payables payment period | 99 | 97 | 91 | 85 | 89 | 83 | 83 | — | — | — | ||||
| Short-term Activity Ratio | ||||||||||||||
| Cash conversion cycle1 | 29 | 25 | 26 | 37 | 32 | 34 | 35 | — | — | — | ||||
| Benchmarks | ||||||||||||||
| Cash Conversion Cycle, Competitors2 | ||||||||||||||
| Advanced Micro Devices Inc. | 106 | 107 | 87 | 95 | 102 | 111 | 139 | 131 | 130 | 121 | ||||
| Analog Devices Inc. | 116 | 126 | 172 | 114 | 114 | 125 | 121 | 121 | 115 | 108 | ||||
| Broadcom Inc. | 58 | 49 | 36 | 38 | 41 | 39 | 41 | 41 | 41 | 57 | ||||
| Intel Corp. | 72 | 82 | 96 | 71 | 65 | 66 | 63 | 78 | 77 | 96 | ||||
| KLA Corp. | 242 | 236 | 231 | 229 | 242 | 231 | 226 | 227 | 239 | 260 | ||||
| Lam Research Corp. | 162 | 167 | 163 | 169 | 183 | 168 | 164 | 165 | 153 | 138 | ||||
| Monolithic Power Systems Inc. | 195 | 187 | 155 | 129 | 121 | 136 | 143 | 149 | 156 | 147 | ||||
| NVIDIA Corp. | 89 | 96 | 89 | 90 | 96 | 90 | 81 | 94 | 122 | 131 | ||||
| Texas Instruments Inc. | 131 | 123 | 111 | 112 | 115 | 126 | 144 | 158 | 158 | 151 | ||||
Based on: 10-Q (reporting date: 2022-07-03), 10-Q (reporting date: 2022-04-03), 10-K (reporting date: 2021-12-31), 10-Q (reporting date: 2021-10-03), 10-Q (reporting date: 2021-07-04), 10-Q (reporting date: 2021-04-04), 10-K (reporting date: 2020-12-31), 10-Q (reporting date: 2020-09-27), 10-Q (reporting date: 2020-06-28), 10-Q (reporting date: 2020-03-29).
1 Q2 2022 Calculation
Cash conversion cycle = Average inventory processing period + Average receivable collection period – Average payables payment period
= 99 + 29 – 99 = 29
2 Click competitor name to see calculations.
| Short-term activity ratio | Description | The company |
|---|---|---|
| Cash conversion cycle | A financial metric that measures the length of time required for a company to convert cash invested in its operations to cash received as a result of its operations; equal to average inventory processing period plus average receivables collection period minus average payables payment period. | NXP Semiconductors N.V. cash conversion cycle improved from Q4 2021 to Q1 2022 but then deteriorated significantly from Q1 2022 to Q2 2022. |