Semtech Asset Turnover vs Accounts Payable Analysis

SMTC Stock  USD 32.39  0.25  0.77%   
Semtech financial indicator trend analysis is much more than just breaking down Semtech prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Semtech is a good investment. Please check the relationship between Semtech Asset Turnover and its Accounts Payable accounts. Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Semtech. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in estimate.
For information on how to trade Semtech Stock refer to our How to Trade Semtech Stock guide.

Asset Turnover vs Accounts Payable

Asset Turnover vs Accounts Payable Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Semtech Asset Turnover account and Accounts Payable. At this time, the significance of the direction appears to have significant contrarian relationship.
The correlation between Semtech's Asset Turnover and Accounts Payable is -0.48. Overlapping area represents the amount of variation of Asset Turnover that can explain the historical movement of Accounts Payable in the same time period over historical financial statements of Semtech, assuming nothing else is changed. The correlation between historical values of Semtech's Asset Turnover and Accounts Payable is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Asset Turnover of Semtech are associated (or correlated) with its Accounts Payable. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Accounts Payable has no effect on the direction of Asset Turnover i.e., Semtech's Asset Turnover and Accounts Payable go up and down completely randomly.

Correlation Coefficient

-0.48
Relationship DirectionNegative 
Relationship StrengthVery Weak

Asset Turnover

The ratio of net sales to average total assets, indicating how efficiently a company uses its assets to generate sales.

Accounts Payable

An accounting item on the balance sheet that represents Semtech obligation to pay off a short-term debt to its creditors. The accounts payable entry is usually reported under current liabilities. If accounts payable of Semtech are not paid within the agreed terms, the payables are considered to be in default, which may trigger a penalty or interest payment, or the revocation of additional credit from the supplier. Accounts payable may also be considered a source of cash, since they represent funds being borrowed from suppliers. Given these cash flow considerations, suppliers have a natural inclination to push for shorter payment terms, while creditors want to lengthen the payment terms. The amount a company owes to suppliers or vendors for products or services received but not yet paid for. It represents the company's short-term liabilities.
Most indicators from Semtech's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Semtech current financial condition. On the other hand, looking into the entire matrix of fundamental ratios indicators, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Semtech. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in estimate.
For information on how to trade Semtech Stock refer to our How to Trade Semtech Stock guide.At present, Semtech's Tax Provision is projected to increase significantly based on the last few years of reporting. The current year's Sales General And Administrative To Revenue is expected to grow to 0.31, whereas Enterprise Value is forecasted to decline to about 8.2 M.
 2021 2022 2023 2024 (projected)
Gross Profit466.1M478.6M374.0M392.7M
Total Revenue740.9M756.5M868.8M912.2M

Semtech fundamental ratios Correlations

0.710.940.970.130.810.640.290.310.990.490.30.840.520.740.93-0.480.790.730.820.570.810.890.540.58-0.03
0.710.850.83-0.580.730.98-0.44-0.30.71-0.02-0.220.940.170.980.85-0.680.980.840.360.250.970.380.920.30.11
0.940.850.99-0.130.740.810.050.020.950.340.030.890.260.860.94-0.650.90.80.650.490.920.750.670.35-0.02
0.970.830.99-0.070.780.780.090.090.980.350.090.890.350.850.95-0.580.890.780.690.590.890.80.650.44-0.06
0.13-0.58-0.13-0.07-0.15-0.670.960.790.110.50.72-0.370.42-0.56-0.160.47-0.5-0.40.450.32-0.460.47-0.710.290.04
0.810.730.740.78-0.150.67-0.030.320.740.480.320.880.660.790.87-0.470.80.830.690.210.790.60.740.73-0.1
0.640.980.810.78-0.670.67-0.53-0.430.66-0.08-0.390.90.010.980.81-0.720.970.830.230.230.950.310.920.15-0.05
0.29-0.440.050.090.96-0.03-0.530.750.260.570.68-0.210.39-0.410.030.22-0.34-0.190.560.31-0.280.61-0.590.290.05
0.31-0.30.020.090.790.32-0.430.750.210.730.96-0.030.79-0.260.070.41-0.21-0.090.670.18-0.20.49-0.310.7-0.01
0.990.710.950.980.110.740.660.260.210.440.180.810.40.750.91-0.510.80.70.750.630.80.890.520.47-0.1
0.49-0.020.340.350.50.48-0.080.570.730.440.640.170.480.080.37-0.050.120.250.610.10.130.540.040.43-0.26
0.3-0.220.030.090.720.32-0.390.680.960.180.640.010.84-0.220.080.4-0.18-0.070.650.12-0.150.42-0.250.730.25
0.840.940.890.89-0.370.880.9-0.21-0.030.810.170.010.380.950.94-0.660.960.890.570.310.960.570.850.490.04
0.520.170.260.350.420.660.010.390.790.40.480.840.380.160.380.240.190.240.740.290.180.510.120.970.15
0.740.980.860.85-0.560.790.98-0.41-0.260.750.08-0.220.950.160.89-0.721.00.880.380.250.980.430.930.3-0.05
0.930.850.940.95-0.160.870.810.030.070.910.370.080.940.380.89-0.720.910.920.680.360.940.730.750.48-0.01
-0.48-0.68-0.65-0.580.47-0.47-0.720.220.41-0.51-0.050.4-0.660.24-0.72-0.72-0.71-0.83-0.190.13-0.78-0.32-0.690.12-0.03
0.790.980.90.89-0.50.80.97-0.34-0.210.80.12-0.180.960.191.00.91-0.710.880.430.30.990.490.910.32-0.05
0.730.840.80.78-0.40.830.83-0.19-0.090.70.25-0.070.890.240.880.92-0.830.880.480.10.910.480.860.360.0
0.820.360.650.690.450.690.230.560.670.750.610.650.570.740.380.68-0.190.430.480.380.470.890.220.790.14
0.570.250.490.590.320.210.230.310.180.630.10.120.310.290.250.360.130.30.10.380.240.6-0.030.28-0.24
0.810.970.920.89-0.460.790.95-0.28-0.20.80.13-0.150.960.180.980.94-0.780.990.910.470.240.520.890.30.05
0.890.380.750.80.470.60.310.610.490.890.540.420.570.510.430.73-0.320.490.480.890.60.520.180.56-0.07
0.540.920.670.65-0.710.740.92-0.59-0.310.520.04-0.250.850.120.930.75-0.690.910.860.22-0.030.890.180.260.0
0.580.30.350.440.290.730.150.290.70.470.430.730.490.970.30.480.120.320.360.790.280.30.560.260.14
-0.030.11-0.02-0.060.04-0.1-0.050.05-0.01-0.1-0.260.250.040.15-0.05-0.01-0.03-0.050.00.14-0.240.05-0.070.00.14
Click cells to compare fundamentals

Semtech Account Relationship Matchups

Semtech fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets1.1B1.1B1.1B2.6B1.4B1.4B
Short Long Term Debt Total194.7M179.2M175.7M1.3B1.4B1.5B
Other Current Liab34.8M51.5M60.7M226.3M117.7M123.6M
Total Current Liabilities98.6M109.6M128.4M396.9M217.2M228.0M
Total Stockholder Equity676.3M698.7M737.6M755.9M(307.4M)(292.1M)
Property Plant And Equipment Net124.4M130.9M134.9M169.3M177.5M186.4M
Net Debt(98.6M)(89.7M)(103.9M)1.1B1.3B1.3B
Retained Earnings611.6M671.2M796.9M858.2M(233.8M)(222.1M)
Cash293.3M268.9M279.6M235.5M128.6M136.3M
Non Current Assets Total591.0M607.4M628.6M1.8B839.5M881.5M
Non Currrent Assets Other53.3M60.9M70.4M71.6M24.2M37.5M
Cash And Short Term Investments293.3M268.9M279.6M235.5M143.1M182.4M
Net Receivables61.9M70.4M71.5M161.7M151.6M159.2M
Common Stock Shares Outstanding67.4M66.1M65.6M64.0M64.1M63.6M
Liabilities And Stockholders Equity1.1B1.1B1.1B2.6B1.4B1.4B
Non Current Liabilities Total276.6M273.6M264.7M1.4B1.5B1.5B
Inventory73.0M87.5M114.0M207.7M145.0M152.2M
Other Stockholder Equity70.0M34.9M(58.0M)(106.5M)(71.4M)(67.9M)
Total Liab375.2M383.1M393.1M1.8B1.7B1.8B
Property Plant And Equipment Gross135.4M130.9M389.7M427.3M437.3M459.2M
Total Current Assets460.7M474.7M502.3M722.8M534.2M287.8M
Accumulated Other Comprehensive Income(6.2M)(8.2M)(2.1M)3.4M(3.0M)(3.1M)
Short Term Debt3.3M4.0M4.0M43.1M6.6M12.0M
Other Current Assets21.8M25.8M31.2M111.6M94.5M99.2M
Accounts Payable48.0M50.2M50.7M100.7M45.1M25.3M
Current Deferred Revenue12.5M3.9M13.0M26.8M47.8M50.2M
Short Term Investments10.7M12.0M12.4M12.6M14.5M13.8M
Other Liab57.4M73.7M80.3M93.1M107.0M112.4M
Other Assets62.0M69.0M135.7M1.01.151.09
Long Term Debt194.7M179.2M171.7M1.3B1.4B1.4B
Property Plant Equipment118.5M124.4M147.3M134.9M155.2M85.3M
Treasury Stock(346.2M)(387.9M)(438.8M)(549.9M)(494.9M)(470.2M)
Intangible Assets20.0M11.7M6.8M215.1M35.6M33.8M
Net Tangible Assets305.8M335.9M379.6M(741.0M)(666.9M)(633.5M)
Retained Earnings Total Equity574.9M611.6M671.2M796.9M916.4M524.1M

Semtech Investors Sentiment

The influence of Semtech's investor sentiment on the probability of its price appreciation or decline could be a good factor in your decision-making process regarding taking a position in Semtech. The overall investor sentiment generally increases the direction of a stock movement in a one-year investment horizon. However, the impact of investor sentiment on the entire stock market does not have solid backing from leading economists and market statisticians.
Investor biases related to Semtech's public news can be used to forecast risks associated with an investment in Semtech. The trend in average sentiment can be used to explain how an investor holding Semtech can time the market purely based on public headlines and social activities around Semtech. Please note that most equities that are difficult to arbitrage are affected by market sentiment the most.
Semtech's market sentiment shows the aggregated news analyzed to detect positive and negative mentions from the text and comments. The data is normalized to provide daily scores for Semtech's and other traded tickers. The bigger the bubble, the more accurate is the estimated score. Higher bars for a given day show more participation in the average Semtech's news discussions. The higher the estimated score, the more favorable is the investor's outlook on Semtech.
Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards Semtech in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, Semtech's short interest history, or implied volatility extrapolated from Semtech options trading.

Currently Active Assets on Macroaxis

When determining whether Semtech offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Semtech's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Semtech Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Semtech Stock:
Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Semtech. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in estimate.
For information on how to trade Semtech Stock refer to our How to Trade Semtech Stock guide.
You can also try the Money Flow Index module to determine momentum by analyzing Money Flow Index and other technical indicators.

Complementary Tools for Semtech Stock analysis

When running Semtech's price analysis, check to measure Semtech's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Semtech is operating at the current time. Most of Semtech's value examination focuses on studying past and present price action to predict the probability of Semtech's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Semtech's price. Additionally, you may evaluate how the addition of Semtech to your portfolios can decrease your overall portfolio volatility.
CEOs Directory
Screen CEOs from public companies around the world
Risk-Return Analysis
View associations between returns expected from investment and the risk you assume
Transaction History
View history of all your transactions and understand their impact on performance
Earnings Calls
Check upcoming earnings announcements updated hourly across public exchanges
My Watchlist Analysis
Analyze my current watchlist and to refresh optimization strategy. Macroaxis watchlist is based on self-learning algorithm to remember stocks you like
Equity Search
Search for actively traded equities including funds and ETFs from over 30 global markets
Portfolio Comparator
Compare the composition, asset allocations and performance of any two portfolios in your account
Portfolio Optimization
Compute new portfolio that will generate highest expected return given your specified tolerance for risk
Global Correlations
Find global opportunities by holding instruments from different markets
Money Managers
Screen money managers from public funds and ETFs managed around the world
Sectors
List of equity sectors categorizing publicly traded companies based on their primary business activities
Balance Of Power
Check stock momentum by analyzing Balance Of Power indicator and other technical ratios
Is Semtech's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Semtech. If investors know Semtech will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Semtech listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
(0.33)
Earnings Share
(17.03)
Revenue Per Share
13.547
Quarterly Revenue Growth
0.152
Return On Assets
(0.01)
The market value of Semtech is measured differently than its book value, which is the value of Semtech that is recorded on the company's balance sheet. Investors also form their own opinion of Semtech's value that differs from its market value or its book value, called intrinsic value, which is Semtech's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Semtech's market value can be influenced by many factors that don't directly affect Semtech's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Semtech's value and its price as these two are different measures arrived at by different means. Investors typically determine if Semtech is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Semtech's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.