Current Assets

Raw materials

Semtech Raw materials decreased by 3.1% to $30.95M in Q1 2026 compared to the prior quarter. Year-over-year, this metric declined by 30.3%, from $44.41M to $30.95M. Over 5 years (FY 2021 to FY 2026), Raw materials shows an upward trend with a 61.2% 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

High levels may signal proactive supply chain hedging against shortages, while low levels could indicate lean inventory management or potential supply risks.

Detailed definition

The cost of basic components and supplies held for use in the manufacturing of finished products. This inventory serves...

Peer comparison

Standard across manufacturing sectors; levels vary based on supply chain strategy and lead times.

Metric ID: inv_raw_materials

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$3.57M$3.41M$4.36M$4.30M$2.62M$3.20M$3.26M$76.92M$76.56M$63.54M$52.54M$46.43M$58.03M$48.80M$47.20M$46.33M$44.41M$40.05M$38.00M$31.92M$30.95M
QoQ Change-4.5%+27.9%-1.2%-39.2%+22.2%+1.9%>999%-0.5%-17.0%-17.3%-11.6%+25.0%-15.9%-3.3%-1.8%-4.2%-9.8%-5.1%-16.0%-3.1%
YoY Change-26.6%-6.1%-25.2%>999%>999%>999%>999%-39.6%-24.2%-23.2%-10.2%-0.2%-23.5%-17.9%-19.5%-31.1%-30.3%
% of Inventories3.8%3.3%4.1%3.8%2.4%3.0%2.9%37.0%35.9%35.3%32.7%32.0%39.1%31.3%28.9%28.3%26.1%21.8%20.5%16.3%15.1%
Share Change-0.5pp+0.8pp-0.4pp-1.3pp+0.5pp-0.0pp+34.1pp-1.1pp-0.6pp-2.5pp-0.7pp+7.0pp-7.8pp-2.4pp-0.6pp-2.2pp-4.2pp-1.4pp-4.2pp-1.2pp
Range$2.62M$76.92M
CAGR+54.1%
Avg YoY Growth+449.2%
Median YoY Growth-19.5%
Current Streak8 quarters decline

Frequently Asked Questions

What is Semtech's raw materials?
Semtech (SMTC) reported raw materials of $30.95M in Q1 2026.
How has Semtech's raw materials changed year-over-year?
Semtech's raw materials decreased by 30.3% year-over-year, from $44.41M to $30.95M.
What is the long-term trend for Semtech's raw materials?
Over 5 years (2021 to 2026), Semtech's raw materials has grown at a 61.2% compound annual growth rate (CAGR), from $2.94M to $31.92M.
What does raw materials mean?
The value of basic materials and supplies waiting to be used in production.