Current Assets

Finished goods

Semtech Finished goods increased by 1.2% to $45.01M in Q1 2026 compared to the prior quarter. Year-over-year, this metric grew by 68.2%, from $26.76M to $45.01M. Over 5 years (FY 2021 to FY 2026), Finished goods shows an upward trend with a 12.2% CAGR.

Analysis

StatementBalance Sheet Statement
SectionCurrent Assets
CategoryEfficiency
SignalContext dependent
VolatilityModerate
First reportedQ4 2016
Last reportedQ1 2027May 27, 2026
Parent metricInventories

How to read this metric

An increase relative to sales may signal slowing demand or overproduction; a decrease may indicate strong sales or supply chain constraints.

Detailed definition

This represents the value of inventory that has completed the manufacturing process and is ready for sale to customers....

Peer comparison

Standard inventory metric for all manufacturing and retail companies.

Metric ID: inv_finished_goods

Historical Data

21 periods
 Q1 '22Q2 '22Q3 '22Q4 '22Q1 '23Q2 '23Q3 '23Q4 '23Q1 '24Q2 '24Q3 '24Q4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26Q2 '26Q3 '26Q4 '26Q1 '27
Value$23.16M$28.17M$28.25M$24.25M$27.26M$24.60M$25.32M$42.02M$45.35M$38.05M$35.70M$29.16M$15.22M$23.82M$25.62M$29.36M$26.76M$42.25M$40.53M$44.49M$45.01M
QoQ Change+21.6%+0.3%-14.1%+12.4%-9.8%+2.9%+66.0%+7.9%-16.1%-6.2%-18.3%-47.8%+56.5%+7.6%+14.6%-8.9%+57.9%-4.1%+9.8%+1.2%
YoY Change+17.7%-12.7%-10.4%+73.3%+66.3%+54.7%+41.0%-30.6%-66.4%-37.4%-28.2%+0.7%+75.8%+77.4%+58.2%+51.5%+68.2%
% of Inventories24.7%27.3%26.9%21.3%25.5%22.9%22.8%20.2%21.3%21.1%22.2%20.1%10.2%15.3%15.7%17.9%15.7%23.1%21.8%22.7%22.0%
Share Change+2.7pp-0.5pp-5.6pp+4.2pp-2.6pp-0.1pp-2.6pp+1.0pp-0.2pp+1.1pp-2.1pp-9.9pp+5.0pp+0.4pp+2.3pp-2.2pp+7.3pp-1.2pp+0.9pp-0.7pp
Range$15.22M$45.35M
CAGR+14.2%
Avg YoY Growth+23.5%
Median YoY Growth+41.0%
Current Streak2 quarters growth

Frequently Asked Questions

What is Semtech's finished goods?
Semtech (SMTC) reported finished goods of $45.01M in Q1 2026.
How has Semtech's finished goods changed year-over-year?
Semtech's finished goods increased by 68.2% year-over-year, from $26.76M to $45.01M.
What is the long-term trend for Semtech's finished goods?
Over 5 years (2021 to 2026), Semtech's finished goods has grown at a 12.2% compound annual growth rate (CAGR), from $25.04M to $44.49M.
What does finished goods mean?
The value of completed products ready for sale.