Semtech (STU:SM2) Inventories, Work In Process: €110.1 Mil (As of Apr. 2026)

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STU:SM2 Semtech Corp STU:SM2
71 GF Score
Price €115.75
GF Value €33.62
Valuation Significantly Overvalued
! 5 Warning Signs
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What is Semtech Inventories, Work In Process?

Semtech STU:SM2 -2.16% 71 Inventories, Work In Process is €110.1 Mil as of Apr. 2026. GuruFocus rates STU:SM2 with a GF Score™ of 71/100 and a GF Value™ of €33.62 (Significantly Overvalued). The stock has 5 warning signs investors should review.

Work in process is the part of a manufacturer's inventory that is in the production process and has not yet been completed and transferred to the finished goods inventory. Semtech's work in process for the quarter that ended in Apr. 2026 was €110.1 Mil.

Semtech Inventories, Work In Process Historical Data

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The historical data trend for Semtech's Inventories, Work In Process 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.

Semtech Inventories, Work In Process Chart

Semtech Annual Data
Trend Jan17 Jan18 Jan19 Jan20 Jan21 Jan22 Jan23 Jan24 Jan25 Jan26
Inventories, Work In Process
Get a 7-Day Free Trial Premium Member Only Premium Member Only 75.53 82.37 63.71 84.91 101.54

Semtech Quarterly Data
Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24 Apr24 Jul24 Oct24 Jan25 Apr25 Jul25 Oct25 Jan26 Apr26
Inventories, Work In Process 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 88.18 86.55 92.08 101.54 110.08
STU:SM2
71GF Score
Semtech Corp STU:SM2
Inventories, Work In Process is just one metric. See GF Score™, valuation, warning signs, and more.
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Semtech Inventories, Work In Process Calculation

That part of a manufacturer's inventory that is in the production process and has not yet been completed and transferred to the finished goods inventory. This account contains the cost of the direct material, direct labor, and factory overhead placed into the products on the factory floor. A manufacturer must disclose in its financial statements the cost of its work-in-process as well as the cost of finished goods and materials on hand.

What does a Inventories, Work In Process of €110.1 Mil mean?
Semtech (STU:SM2) has a Inventories, Work In Process of €110.1 Mil as of Apr. 2026. Work in progress is the portion of inventory containing goods that are unfinished. View historical data on Semtech and its competitors.
Is Semtech's Inventories, Work In Process too high?
Semtech's current Inventories, Work In Process is €110.1 Mil. Overall, Semtech has a GF Score™ of 71/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Semtech's Inventories, Work In Process compare to RMBS and ALGM?
Semtech's Inventories, Work In Process of €110.1 Mil can be compared against companies in the Semiconductors industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Inventories, Work In Process for a Semiconductors company?
A good Inventories, Work In Process depends on the Semiconductors industry context. However, Inventories, Work In Process should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Inventories, Work In Process mean?
A high Inventories, Work In Process can signal that a stock is expensive relative to its fundamentals. Work in progress is the portion of inventory containing goods that are unfinished. View historical data on Semtech and its competitors. Semtech's current Inventories, Work In Process is €110.1 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Semtech stock overvalued right now?
Based on GuruFocus' analysis, Semtech (STU:SM2) is currently considered Significantly Overvalued. The stock's GF Value™ is €33.62, compared to a current price of €115.75 — trading 244.3% above its estimated fair value. The current Inventories, Work In Process is €110.1 Mil. Semtech's overall GF Score™ is 71/100 with 5 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Inventories, Work In Process calculated?
Inventories, Work In Process is calculated from a company's financial statements. For Semtech (STU:SM2), the current Inventories, Work In Process is €110.1 Mil as of Apr. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Semtech (STU:SM2) Overvalued in 2026?

Based on GuruFocus' analysis, Semtech stock appears to be overvalued. The current stock price of €115.75 is trading 244.3% above its estimated GF Value™ of €33.62. GuruFocus considers Semtech to be Significantly Overvalued.

Key valuation signals for STU:SM2:

  • Inventories, Work In Process: €110.1 Mil
  • GF Value™: €33.62 vs. price of €115.75 (244.3% above fair value)
  • GF Score™: 71/100 with 5 warning signs

No single metric tells the full story. See the STU:SM2 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.

Semtech Business Description

Address 200 Flynn Road, Camarillo, CA, USA, 93012-8790
Semtech Corp is a provider of high-performance semiconductors powering data center networking, Internet of Things ("IoT") connectivity, and cellular infrastructure solutions. The company designs, develops, manufactures, and markets a diverse portfolio of products for commercial applications, addressing the infrastructure, high-end consumer, and industrial end markets. The company operates in four reportable segments: Signal Integrity, Analog Mixed Signal and Wireless, IoT Systems, and Connected Services. The majority of the company's revenue is earned through the Analog Mixed Signal and Wireless segment. Geographically, the majority of the company's revenue is earned from the Asia Pacific region; the company also operates in North America and Europe.
71GF Score

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Inventories, Work In Process is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

€115.75
Price
€33.62
GF Value