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| Date | Value |
|---|---|
| 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 |