GURUFOCUS.COM » STOCK LIST » Technology » Semiconductors » Xilinx Inc (NAS:XLNX) » Definitions » Sloan Ratio %

Xilinx (Xilinx) Sloan Ratio % : -8.72% (As of Dec. 2021)


View and export this data going back to 1990. Start your Free Trial

What is Xilinx Sloan Ratio %?

Richard Sloan from the University of Michigan was first to document what is referred to as the "accrual anomaly". His 1996 paper found that shares of companies with small or negative accruals vastly outperform (+10%) those of companies with large ones.

Xilinx's Sloan Ratio for the quarter that ended in Dec. 2021 was -8.72%.

As of Dec. 2021, Xilinx has a Sloan Ratio of -8.72%, indicating the company is in the safe zone and there is no funny business with accruals.


Xilinx Sloan Ratio % Historical Data

The historical data trend for Xilinx's Sloan Ratio % can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Xilinx Sloan Ratio % Chart

Xilinx Annual Data
Trend Mar12 Mar13 Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21
Sloan Ratio %
Get a 7-Day Free Trial Premium Member Only Premium Member Only -16.87 -25.77 9.49 -22.98 15.23

Xilinx Quarterly Data
Mar17 Jun17 Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21
Sloan Ratio % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 10.18 15.23 -3.12 -6.72 -8.72

Competitive Comparison of Xilinx's Sloan Ratio %

For the Semiconductors subindustry, Xilinx's Sloan Ratio %, along with its competitors' market caps and Sloan Ratio % data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Xilinx's Sloan Ratio % Distribution in the Semiconductors Industry

For the Semiconductors industry and Technology sector, Xilinx's Sloan Ratio % distribution charts can be found below:

* The bar in red indicates where Xilinx's Sloan Ratio % falls into.



Xilinx Sloan Ratio % Calculation

Earnings contain a lot of non cash earnings which is called accruals. The Sloan ratio is a way to identify firms with low non-cash or accrual-derived earnings relative to their cash flow.

Xilinx's Sloan Ratio for the fiscal year that ended in Mar. 2021 is calculated as

Sloan Ratio=(Net Income (A: Mar. 2021 )-Cash Flow from Operations (A: Mar. 2021 )
-Cash Flow from Investing (A: Mar. 2021 ))/Total Assets (A: Mar. 2021 )
=(646.508-1093.221
--1287.422)/5519.201
=15.23%

Xilinx's Sloan Ratio for the quarter that ended in Dec. 2021 is calculated as

Sloan Ratio=(Net Income (TTM)-Cash Flow from Operations (TTM))
-Cash Flow from Investing (TTM))/Total Assets (Q: Dec. 2021 )
=(928.831-1114.307
-367.98)/6345.441
=-8.72%

Xilinx's Net Income for the trailing twelve months (TTM) ended in Dec. 2021 was 187.883 (Mar. 2021 ) + 206.341 (Jun. 2021 ) + 234.545 (Sep. 2021 ) + 300.062 (Dec. 2021 ) = $929 Mil.
Xilinx's Cash Flow from Operations for the trailing twelve months (TTM) ended in Dec. 2021 was 240.03 (Mar. 2021 ) + 389.897 (Jun. 2021 ) + 122.117 (Sep. 2021 ) + 362.263 (Dec. 2021 ) = $1,114 Mil.
Xilinx's Cash Flow from Investing for the trailing twelve months (TTM) ended in Dec. 2021 was 557.159 (Mar. 2021 ) + -389.251 (Jun. 2021 ) + 212.393 (Sep. 2021 ) + -12.321 (Dec. 2021 ) = $368 Mil.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Xilinx  (NAS:XLNX) Sloan Ratio % Explanation

A former University of Michigan researcher, Richard Sloan's 1996 paper found that shares of companies with small or negative accruals vastly outperform (+10%) those of companies with large ones. In fact, for the 40-year period between 1962 and 2001, buying the lowest accrual companies and shorting the highest accrual companies resulted in an average annual compounded return of 18%, more than double the S&P 500's 7.4% annual return over the same period.

According to How to Beat the Market with the Sloan Ratio:

If the Sloan Ratio is between -10% and 10%, the company is in the safe zone and there is no funny business with accruals.

If the Sloan Ratio is less than between -25% and -10% on the negative side, and between 10% and 25% on the positive side, this is a warning stage of accrual build up.

If the Sloan Ratio is less than -25% or greater than 25%, and this ratio is consistent over several quarters or even years, be careful. Earnings are highly likely to be made up of accruals.

As of Dec. 2021, Xilinx has a Sloan Ratio of -8.72%, indicating the company is in the safe zone and there is no funny business with accruals.


Xilinx Sloan Ratio % Related Terms

Thank you for viewing the detailed overview of Xilinx's Sloan Ratio % provided by GuruFocus.com. Please click on the following links to see related term pages.


Xilinx (Xilinx) Business Description

Traded in Other Exchanges
N/A
Address
2100 Logic Drive, San Jose, CA, USA, 95124
Founded in 1984, Xilinx is the leader in FPGAs by market share. Its chips are critical in the performance of various devices in the communications, data processing, industrial, consumer, and automotive markets. Xilinx designs and sells FPGAs, but it outsources manufacturing to third-party chip foundries such as TSMC.
Executives
Mark Wadlington officer: SVP, Global Sales 215 MOFFETT PARK DRIVE, SUNNYVALE CA 94089
Vincent Tong officer: Executive Vice President 2100 LOGIC DRIVE SAN JOSE CA 95124
William Christopher Madden officer: EVP, FPGA & Silicon Tech 2100 ALL PROGRAMMABLE DRIVE SAN JOSE CA 95124
Catia Hagopian officer: Sr. VP General Counsel 2100 LOGIC DRIVE SAN JOSE CA 95124
Vamsi Boppana officer: SVP, Central Engineering 2100 LOGIC DRIVE SAN JOSE CA 95124
Salil Raje officer: EVP, Software and IP Products 2100 ALL PROGRAMMABLE DRIVE SAN JOSE CA 95124
Sumeet Gagneja officer: CVP & Principal Acct Officer 160 RIO ROBLES SAN JOSE CA 95134
Thomas H Lee director 2100 LOGIC DRIVE SAN JOSE CA 95124
Marshall C Turner director 220 MONTGOMERY ST, PENTHOUSE 10, SAN FRANCISCO CA 94104
Raman Chitkara director 2100 LOGIC DRIVE, SAN JOSE CA 95124
Saar Gillai director 200 FLYNN ROAD, CAMARILLO CA 93012
Mary L Krakauer director 176 SOUTH STREET, HOPKINTON MA 01748
John Michael Patterson director 2100 LOGIC DRIVE SAN JOSE CA 95124
Jon A Olson director 2100 LOGIC DRIVE, SAN JOSE CA 95124
Ronald Steven Jankov director 3875 FREEDOM CIRCLE, SUITE 900, SANTA CLARA CA 95054

Xilinx (Xilinx) Headlines

From GuruFocus

Notis-McConarty Edward Buys 2, Sells 3 in 1st Quarter

By GuruFocus Research GuruFocus Editor 05-19-2022

Top 5 1st Quarter Trades of PREMIER ASSET MANAGEMENT LLC

By GuruFocus Research GuruFocus Editor 05-15-2022

PUZO MICHAEL J Buys 3, Sells 2 in 1st Quarter

By GuruFocus Research GuruFocus Editor 05-19-2022

Top 5 2nd Quarter Trades of SADOFF INVESTMENT MANAGEMENT LLC

By GuruFocus Research GuruFocus Editor 08-05-2022

Top 5 1st Quarter Trades of CARLSON CAPITAL L P

By GuruFocus Research GuruFocus Editor 05-14-2022

Broderick Brian C Buys 2, Sells 3 in 1st Quarter

By GuruFocus Research GuruFocus Editor 05-19-2022