Sitime (SITM) Operating Leases (2019 - 2023)

Sitime (SITM) reported Operating Leases of $8.6 million for Q3 2023, up 1.2% year-over-year from $8.5 million in Q3 2022, and down 7.6% quarter-over-quarter from $9.3 million in Q2 2023.

Sitime (SITM) Operating Leases (2019 - 2023) Analysis & Trends

Sitime (SITM) has 5 years of Operating Leases data on file, last reported at $8.6 million in Q3 2023.

  • Operating Leases for Q3 2023 came in at $8.6 million, up 1.2% year-over-year; the trailing twelve-month figure through Sep 2023 was $8.6 million (up 1.2% YoY), and the FY2022 annual result was $8.1 million, up 27.37% from the prior year.
  • Operating Leases eased to $8.6 million in Q3 2023 per SITM's latest filing, from $9.3 million in the prior quarter.
  • Over five years, Operating Leases peaked at $10.0 million in Q1 2023 and troughed at $6.4 million in Q3 2021.
  • A 5-year average of $7.9 million and a median of $7.9 million in 2019 frame the typical range for Operating Leases.
  • The sharpest annual moves came in 2021 and 2022: Operating Leases retreated 13.04% in 2021, then surged 34.28% in 2022.
  • A 5-year view of Operating Leases shows it stood at $7.9 million in 2019, then retreated by 12.02% to $7.0 million in 2020, then declined by 8.42% to $6.4 million in 2021, then gained by 27.37% to $8.1 million in 2022, then advanced by 5.99% to $8.6 million in 2023.
  • Business Quant data shows SITM's Operating Leases at $8.6 million in Q3 2023, $9.3 million in Q2 2023, and $10.0 million in Q1 2023.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr)
1 Nvidia 5,067.76 Bn 5,024.29 Bn 61.16 Bn
2 Broadcom 1,880.14 Bn 1,865.96 Bn 13.16 Bn
3 Micron Technology 1,065.25 Bn 1,050.66 Bn 17.76 Bn
4 Taiwan Semiconductor Manufacturing 994.72 Bn 897.77 Bn 23.77 Bn
5 Advanced Micro Devices 795.92 Bn 783.57 Bn 5.42 Bn
6 Intel 560.09 Bn 540.89 Bn 5.35 Bn
7 Texas Instruments 264.46 Bn 259.36 Bn 2.80 Bn
8 Marvell Technology 257.66 Bn 253.82 Bn 1.26 Bn
9 Qualcomm 230.46 Bn 220.66 Bn 4.16 Bn
10 Sitime 17.45 Bn 16.66 Bn 66.96 Mn

Historic Data

Download Data
DateValue
Sep 30, 2023 8.64 Mn
Jun 30, 2023 9.35 Mn
Mar 31, 2023 10.05 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