Current Assets
Total Current Assets
Semtech Total Current Assets decreased by 1.0% to $648.70M in Q1 2026 compared to the prior quarter. Year-over-year, this metric grew by 8.5%, from $598.04M to $648.70M. Over 5 years (FY 2021 to FY 2026), Total Current Assets shows an upward trend with a 6.7% CAGR. This decline may warrant attention — for this metric, higher values are generally preferred.
Analysis
StatementBalance Sheet Statement
SectionCurrent Assets
CategoryLiquidity
SignalHigher is better
VolatilityStable
First reportedQ4 2015
Last reportedQ1 2027May 27, 2026
How to read this metric
Higher levels indicate stronger short-term liquidity, though excessive levels may suggest inefficient capital allocation.
Detailed definition
The sum of all assets that are expected to be converted into cash or consumed within one year. This provides a snapshot...
Peer comparison
Compared against current liabilities to determine the current ratio, a standard measure of short-term financial health.
Metric ID:
total_current_assetsHistorical 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 | $461.36M | $484.85M | $496.36M | $502.30M | $495.42M | $577.09M | $835.23M | $722.79M | $664.40M | $629.94M | $572.40M | $534.20M | $539.27M | $541.74M | $557.79M | $585.46M | $598.04M | $614.87M | $620.85M | $655.12M | $648.70M |
| QoQ Change | — | +5.1% | +2.4% | +1.2% | -1.4% | +16.5% | +44.7% | -13.5% | -8.1% | -5.2% | -9.1% | -6.7% | +1.0% | +0.5% | +3.0% | +5.0% | +2.1% | +2.8% | +1.0% | +5.5% | -1.0% |
| YoY Change | — | — | — | — | +7.4% | +19.0% | +68.3% | +43.9% | +34.1% | +9.2% | -31.5% | -26.1% | -18.8% | -14.0% | -2.6% | +9.6% | +10.9% | +13.5% | +11.3% | +11.9% | +8.5% |
Range$461.36M – $835.23M
CAGR+7.1%
Avg YoY Growth+9.1%
Median YoY Growth+9.6%
Total Current Assets at Other Companies
Frequently Asked Questions
- What is Semtech's total current assets?
- Semtech (SMTC) reported total current assets of $648.70M in Q1 2026.
- How has Semtech's total current assets changed year-over-year?
- Semtech's total current assets increased by 8.5% year-over-year, from $598.04M to $648.70M.
- What is the long-term trend for Semtech's total current assets?
- Over 5 years (2021 to 2026), Semtech's total current assets has grown at a 6.7% compound annual growth rate (CAGR), from $474.73M to $655.12M.
- What does total current assets mean?
- The total value of all assets that can be turned into cash within one year.