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Power Integrations POWI Increase Decrease In Accounts Receivable Allowance For Credit Losses

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Other financials

Income statement

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Revenue$118.9M+2.7%
Gross profit$64.6M+1.1%
Operating income$8.9M+762%
Net income$9.8M+618%
EPS (diluted)$0.17+750%

Balance sheet

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Cash & equivalents$70.6M+5.5%
Total debt$18.9M+21.4%
Total equity$680.5M-3.3%
Total assets$779.0M-2.3%

Cash flow

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Operating cash flow$22.0M-24.4%
CapEx$4.3M-27.4%
Free cash flow$17.7M-23.6%

Valuation

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Market cap$3.45B+29.1%
P/E137.7×+58.1×
P/S7.7×+1.6×

Profitability

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Gross margin53.6%-1.2pp
Operating margin3.4%-1.3pp
Net margin5.6%-2.0pp
FCF margin17.6%-1.1pp

Returns & leverage

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Return on equity3.6%-1.1pp
Debt / equity0.0×
Current ratio7.1×-0.4×

Where this comes from

Reported directly by Power Integrations in its filing.

Tagged under the XBRL concept powi:IncreaseDecreaseInAccountsReceivableAllowanceForCreditLosses.

The source filing: Power Integrations’s 10-Q, filed May 4, 2023.

Filed
May 4, 2023
Fiscal quarter
Q1 FY2023
Calendar quarter
Q1 2023
Accession
0000833640-23-000125
(In thousands)Three Months Ended / March 31, 2023Three Months Ended / March 31, 2022
Stock-based compensation expense7,3689,013
Amortization of premium on marketable securities404937
Deferred income taxes(738)(936)
Increase (decrease) in accounts receivable allowance for credit losses(454)75
Change in operating assets and liabilities:
Accounts receivable70510,660
Inventories(7,024)(3,849)
Prepaid expenses and other assets(2,302)1,552

ITEM 1. FINANCIAL STATEMENTS

FAQ

What is Power Integrations's increase decrease in accounts receivable allowance for credit losses?
Power Integrations (POWI) reported increase decrease in accounts receivable allowance for credit losses of $454K in Q1 2023.
What does increase decrease in accounts receivable allowance for credit losses mean?
Increase Decrease In Accounts Receivable Allowance For Credit Losses as reported by Power Integrations Inc.

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