Growth Metrics

Sitime (SITM) Operating Leases (2019 - 2023)

Sitime (SITM) has disclosed Operating Leases for 5 consecutive years, with $6.1 million as the latest value for Q3 2023.

  • Quarterly Operating Leases fell 28.94% to $6.1 million in Q3 2023 from the year-ago period, while the trailing twelve-month figure was $6.1 million through Sep 2023, down 28.94% year-over-year, with the annual reading at $8.1 million for FY2022, 27.37% up from the prior year.
  • Operating Leases for Q3 2023 was $6.1 million at Sitime, down from $9.3 million in the prior quarter.
  • The five-year high for Operating Leases was $10.0 million in Q1 2023, with the low at $6.1 million in Q3 2023.
  • Average Operating Leases over 5 years is $7.8 million, with a median of $7.7 million recorded in 2020.
  • The sharpest move saw Operating Leases soared 34.28% in 2022, then dropped 28.94% in 2023.
  • Over 5 years, Operating Leases stood at $7.9 million in 2019, then fell by 12.02% to $7.0 million in 2020, then dropped by 8.42% to $6.4 million in 2021, then rose by 27.37% to $8.1 million in 2022, then dropped by 25.57% to $6.1 million in 2023.
  • According to Business Quant data, Operating Leases over the past three periods came in at $6.1 million, $9.3 million, and $10.0 million for Q3 2023, Q2 2023, and Q1 2023 respectively.