NXP Semiconductors Reports First Quarter 2024 Results
Additional information | | | | | |
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Q1 2024 |
Q4 2023 |
Q1 2023 |
Q - Q |
Y - Y |
Automotive | $ | 1,804 | | $ | 1,899 | | $ | 1,828 | | -5 | % | -1 | % |
Industrial & IoT | $ | 574 | | $ | 662 | | $ | 504 | | -13 | % | 14 | % |
Mobile | $ | 349 | | $ | 406 | | $ | 260 | | -14 | % | 34 | % |
Comm. Infra. & Other | $ | 399 | | $ | 455 | | $ | 529 | | -12 | % | -25 | % |
DIO | | 144 | | | 132 | | | 135 | | | |
DPO | | 65 | | | 72 | | | 68 | | | |
DSO | | 26 | | | 24 | | | 31 | | | |
Cash Conversion Cycle | | 105 | | | 84 | | | 98 | | | |
Channel Inventory (months) | | 1.6 | | | 1.5 | | | 1.6 | | | |
Gross Financial Leverage (iii) | | 1.9x | | | 2.1x | | | 2.0x | | | |
Net Financial Leverage (iv) | | 1.3x | | | 1.3x | | | 1.3x | | | |
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Additional Information for the First Quarter 2024:
- For an explanation of GAAP to non-GAAP adjustments, please see “Non-GAAP Financial Measures”.
- Refer to Table 1 below for the weighted average number of diluted shares for the presented periods.
- Gross financial leverage is defined as gross debt divided by trailing twelve months adjusted EBITDA.
- Net financial leverage is defined as net debt divided by trailing twelve months adjusted EBITDA.