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SiTime (SiTime) Change In Inventory : $-9.9 Mil (TTM As of Dec. 2023)


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What is SiTime Change In Inventory?

SiTime's change in inventory for the quarter that ended in Dec. 2023 was $-3.0 Mil. It means SiTime's inventory increased by $3.0 Mil from Sep. 2023 to Dec. 2023 .

SiTime's change in inventory for the fiscal year that ended in Dec. 2023 was $-9.9 Mil. It means SiTime's inventory increased by $9.9 Mil from Dec. 2022 to Dec. 2023 .

SiTime's Total Inventories for the quarter that ended in Dec. 2023 was $65.5 Mil.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. SiTime's Days Inventory for the quarter that ended in Dec. 2023 was 317.20.

Inventory Turnover measures how fast the company turns over its inventory within a year. SiTime's Inventory Turnover for the quarter that ended in Dec. 2023 was 0.29.

Inventory-to-Revenue determines the ability of a company to manage their inventory levels. It measures the percentage of Inventories the company currently has on hand to support the current amount of Revenue. SiTime's Inventory-to-Revenue for the quarter that ended in Dec. 2023 was 1.53.


SiTime Change In Inventory Historical Data

The historical data trend for SiTime's Change In Inventory 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.

SiTime Change In Inventory Chart

SiTime Annual Data
Trend Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Change In Inventory
Get a 7-Day Free Trial 8.14 -2.07 -13.10 -36.99 -9.89

SiTime Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Change In Inventory 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 -15.24 -2.36 -4.24 -0.29 -3.00

SiTime Change In Inventory Calculation

Change In Inventory is the difference between last period's ending inventory and the current period's ending inventory.

Change In Inventory for the trailing twelve months (TTM) ended in Dec. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was $-9.9 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.


SiTime  (NAS:SITM) Change In Inventory Explanation

1. Days Inventory indicates the number of days of goods in sales that a company has in the inventory.

SiTime's Days Inventory for the quarter that ended in is calculated as:

Days Inventory=Average Total Inventories/Cost of Goods Sold*Days in Period
=65.039/18.71*365 / 4
=317.20

2. Inventory Turnover measures how fast the company turns over its inventory within a year.

SiTime's Inventory Turnover for the quarter that ended in Dec. 2023 is calculated as

3. Inventory-to-Revenue determines the ability of a company to manage their inventory levels. It measures the percentage of Inventories the company currently has on hand to support the current amount of Revenue.

SiTime's Inventory to Revenue for the quarter that ended in Dec. 2023 is calculated as

* 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.


SiTime Change In Inventory Related Terms

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SiTime (SiTime) Business Description

Traded in Other Exchanges
N/A
Address
5451 Patrick Henry Drive, Santa Clara, CA, USA, 95054
SiTime Corp is a USA-based provider of silicon timing systems solutions. The company designs develops and sell silicon timing systems solutions for different industries including automotive, infrastructure, aerospace-defense, consumer, internet of things, consumer and industrials. Its product offerings include Stratum 3E DCOCXOs, Programmable OCXOs, MHz Oscillators, 32.768 kHz Oscillators, Embedded Resonators, Precision MHz Super-TCXOs, and Ruggedized Oscillators. It sells its products around Taiwan, Hong Kong, the United States, and other regions and generates the majority of its revenue from Taiwan.
Executives
Fariborz Assaderaghi officer: See Remarks C/O SITIME CORPORATION, 5451 PATRICK HENRY DR., SANTA CLARA CA 95054
Rajesh Vashist director, officer: Chief Executive Officer C/O SITIME CORPORATION, 5451 PATRICK HENRY DR., SANTA CLARA CA 95054
Vincent P Pangrazio officer: EVP & Chief Legal Officer C/O CAVIUM NETWORKS, INC., 805 EAST MIDDLEFIELD ROAD, MOUNTAIN VIEW CA 94043
Piyush B Sevalia officer: See Remarks C/O SITIME CORPORATION, 5451 PATRICK HENRY DRIVE, SANTA CLARA CA 95054
Lionel Bonnot officer: See Remarks 3450 W. WARREN AVENUE, FREMONT CA 94538
Arthur D Chadwick officer: See Remarks 280 N BERNARDO AVE, MOUNTAIN VIEW CA 94043
Katherine Schuelke director 47488 KATO ROAD, FREMONT CA 94538
Torsten Kreindl director C/O SITIME CORPORATION, 5451 PATRICK HENRY DRIVE, SANTA CLARA CA 95054
Raman Chitkara director 2100 LOGIC DRIVE, SAN JOSE CA 95124
Edward H. Frank director C/O FUSION-IO, INC., 2855 E. COTTONWOOD PARKWAY, SUITE 100, SALT LAKE CITY UT 84121
Tom Dang-hsing Yiu director C/O SITIME CORPORATION, 5451 PATRICK HENRY DRIVE, SANTA CLARA CA 95054
Akira Takata director C/O SITIME CORPORATION, 5451 PATRICK HENRY DRIVE, SANTA CLARA CA 95054
Christine Heckart director C/O LAM RESEARCH CORPORATION, 4650 CUSHING PARKWAY, FREMONT CA 94538
Megachips Corp /fi 10 percent owner 1-1-1 MIYAHARA, YODOGAWA-KU, OSAKA M0 532-0003