Operating
Change in Inventories
Semtech Change in Inventories decreased by 16.3% to $7.18M in Q1 2026 compared to the prior quarter. Year-over-year, this metric grew by 8.3%, from $6.63M to $7.18M. Over 4 years (FY 2022 to FY 2026), Change in Inventories shows an upward trend with a 3.7% CAGR. This is a positive signal — lower values indicate better performance for this metric.
Analysis
StatementCash Flow Statement
SectionOperating
CategoryEfficiency
SignalLower is better
VolatilityModerate
First reportedQ1 2014
Last reportedQ1 2027May 27, 2026
How to read this metric
A decrease is often positive as it signals efficient inventory turnover and cash release, provided it does not lead to stockouts.
Detailed definition
This metric tracks the change in the value of raw materials, work-in-progress, and finished goods held by the company. A...
Peer comparison
Highly dependent on industry; manufacturing and device companies typically maintain higher inventory levels than software firms.
Metric ID:
change_in_inventoriesHistorical Data
21 periods
| Q1 '22 | Q2 '22 | Q3 '22 | Q4 '22 | Q1 '23 | Q2 '23 | Q3 '23 | Q4 '23 | Q1 '24 | Q2 '24 | Q3 '24 | Q4 '24 | Q1 '25 | Q2 '25 | Q3 '25 | Q4 '25 | Q1 '26 | Q2 '26 | Q3 '26 | Q4 '26 | Q1 '27 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Value | $6.43M | $9.11M | $2.13M | $8.84M | -$712.00K | $727.00K | $3.46M | $282.00K | $5.70M | -$27.79M | -$19.54M | -$15.68M | $3.63M | $7.40M | $7.42M | $220.00K | $6.63M | $13.00M | $2.45M | $8.58M | $7.18M |
| QoQ Change | — | +41.8% | -76.6% | +315.6% | -108.1% | +202.1% | +375.2% | -91.8% | >999% | -587.6% | +29.7% | +19.8% | +123.2% | +103.7% | +0.2% | -97.0% | >999% | +96.2% | -81.2% | +250.1% | -16.3% |
| YoY Change | — | — | — | — | -111.1% | -92.0% | +62.4% | -96.8% | +900.6% | <-999% | -665.5% | <-999% | -36.3% | +126.6% | +138.0% | +101.4% | +82.5% | +75.7% | -67.0% | >999% | +8.3% |
Range-$27.79M – $13.00M
CAGR+2.2%
Avg YoY Growth-315.2%
Median YoY Growth+8.3%
Change in Inventories at Other Companies
Frequently Asked Questions
- What is Semtech's change in inventories?
- Semtech (SMTC) reported change in inventories of $7.18M in Q1 2026.
- How has Semtech's change in inventories changed year-over-year?
- Semtech's change in inventories increased by 8.3% year-over-year, from $6.63M to $7.18M.
- What is the long-term trend for Semtech's change in inventories?
- Over 4 years (2022 to 2026), Semtech's change in inventories has grown at a 3.7% compound annual growth rate (CAGR), from $26.51M to $30.65M.
- What does change in inventories mean?
- The change in the value of products and materials held in stock.