NXP Semiconductors Reports Third Quarter 2021 Results
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Additional information | | | | | |
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Q3 2021 |
Q2 2021 |
Q3 2020 |
Q - Q |
Y - Y |
| Automotive | $ | 1,455 | | $ | 1,262 | | $ | 964 | | 15% | 51% |
| Industrial & IoT | $ | 607 | | $ | 571 | | $ | 514 | | 6% | 18% |
| Mobile | $ | 345 | | $ | 347 | | $ | 337 | | -1% | 2% |
| Comm. Infra. & Other | $ | 454 | | $ | 416 | | $ | 452 | | 9% | —% |
| DIO | 85 | | 88 | | 84 | | | |
| DPO | 83 | | 92 | | 55 | | | |
| DSO | 31 | | 35 | | 30 | | | |
| Cash Conversion Cycle | 33 | | 31 | | 59 | | | |
| Channel Inventory (months) | 1.6 | | 1.6 | | 2.4 | | | |
| Financial Leverage (ii) | 1.9x | | 1.9x | | 2.1x | | | |
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Additional Information for the Third Quarter 2021:
- For an explanation of GAAP to non-GAAP adjustments, please see “Non-GAAP Financial Measures”.
- Financial leverage is defined as net debt divided by trailing twelve months adjusted EBITDA.
- During the third quarter of 2021, NXP repurchased 5.8 million shares for a total cost of $1,157 million and paid cash dividends of $152 million.
- Weighted average number of diluted shares for the three-month period ended October 3, 2021 was 271.4 million.
- Net cash paid for income taxes related to on-going operations was $86 million. Net cash paid for income taxes not related to on-going operations resulted in additional cash payments of $3 million.
