Connect your AI

Microchip Technology MCHP Contract Liabilities

Contract Liabilities at other companies

MACOM Technology SolutionsMTSI

——

Broadcom Inc.AVGO

——

RambusRMBS

——

Amkor TechnologyAMKR

——

Segments

By product

Long Term Supply Arrangement$365.7M-27.1%

Other Arrangement$95.5M-0.9%

By segment

Semiconductor products$461.2M-22.9%

Other financials

Income statement

Revenue$1.3B+35.1%

Gross profit$799.6M+59.6%

Operating income$217.4M—

Net income$144.2M+193%

EPS (diluted)$0.22+176%

Balance sheet

Cash & equivalents$240.3M-68.9%

Total debt$5.6B-2.4%

Total equity$6.4B-9.1%

Total assets$14.4B-6.5%

Cash flow

Operating cash flow$257.0M+24.8%

CapEx$14.2M0.0%

Free cash flow$242.8M+26.7%

Valuation

Market cap$51.02B+37.1%

Enterprise value$56.42B+33.7%

P/E221.8×—

P/S10.8×+2.4×

Profitability

Gross margin57.7%+1.7pp

Operating margin10.4%—

Net margin4.9%+4.9pp

FCF margin18.5%+0.9pp

Returns & leverage

Return on equity3.4%+3.4pp

Debt / equity0.9×+0.1×

Current ratio2.1×-0.5×

Questions, answered.

What does contract liabilities mean?: Revenue collected or billed in advance of performance — deferred revenue under ASC 606 terminology, representing future revenue obligations.