Sitime (SITM) Operating Leases (2019 - 2023)
Sitime's Operating Leases was $6.07 million in Q3 2023, down 28.9% from $8.54 million a year earlier and down 10.5% from the prior quarter.
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Analysis
Sitime (SITM) Operating Leases (2019 - 2023) Analysis & Trends
At the end of FY2022, Operating Leases at Sitime came in at $8.15 million, up 27.4% from FY2021.
- Operating Leases shows a three-year compound annual growth rate of 0.9% (FY2019 to FY2022).
- In earlier years, Operating Leases was $6.4 million in FY2021 (-8.4%), $6.99 million in FY2020 (-12.0%) and $7.94 million in FY2019.
- The Q3 2023 figure marks the lowest quarterly Operating Leases in data going back to Q4 2019.
- Compared with a year earlier, Operating Leases has declined for three straight quarters, with growth averaging 5.4% over the last eight quarters.
- The best year-over-year quarter for Operating Leases over five years was Q3 2022 (growth of 34.3%); the worst was Q3 2023 (a decline of 28.9%).
- Per Business Quant data, SITM's Operating Leases in the three quarters before Q3 2023 was $6.77 million (Q2 2023), $7.47 million (Q1 2023) and $8.15 million (Q4 2022).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Nvidia | 5,638.19 Bn | 5,412.36 Bn | 72.14 Bn |
| 2 | Taiwan Semiconductor Manufacturing | 2,452.80 Bn | 2,078.51 Bn | 27.22 Bn |
| 3 | Broadcom | 1,695.44 Bn | 1,621.48 Bn | 20.46 Bn |
| 4 | Micron Technology | 1,213.55 Bn | 1,152.31 Bn | 35.06 Bn |
| 5 | Advanced Micro Devices | 1,034.54 Bn | 991.29 Bn | 6.20 Bn |
| 6 | Asml Holding | 719.69 Bn | 675.53 Bn | 5.90 Bn |
| 7 | Intel | 601.78 Bn | 486.52 Bn | 6.51 Bn |
| 8 | Lam Research | 434.81 Bn | 411.60 Bn | 3.48 Bn |
| 9 | Applied Materials | 428.57 Bn | 394.02 Bn | 4.59 Bn |
| 10 | Sitime | 18.81 Bn | 14.48 Bn | 99.14 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2023 | 6.07 Mn |
| Jun 30, 2023 | 6.77 Mn |
| Mar 31, 2023 | 7.47 Mn |
| Dec 31, 2022 | 8.15 Mn |
| Sep 30, 2022 | 8.54 Mn |
| Jun 30, 2022 | 9.00 Mn |
| Mar 31, 2022 | 8.94 Mn |
| Dec 31, 2021 | 6.40 Mn |
| Sep 30, 2021 | 6.36 Mn |
| Jun 30, 2021 | 6.72 Mn |
| Mar 31, 2021 | 7.07 Mn |
| Dec 31, 2020 | 6.99 Mn |
| Sep 30, 2020 | 7.31 Mn |
| Jun 30, 2020 | 7.57 Mn |
| Mar 31, 2020 | 7.87 Mn |
| Dec 31, 2019 | 7.94 Mn |
API Access
Sitime Operating Leases API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=operating-leases&ticker=SITM&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "operating-leases", "ticker": "SITM", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=operating-leases&ticker=SITM&period=max&api_key=YOUR_API_KEY");
const data = await res.json();