NXP Semiconductors Reports Third Quarter 2022 Results
Additional information | | | | | |
|
Q3 2022 |
Q2 2022 |
Q3 2021 |
Q - Q |
Y - Y |
Automotive | $ | 1,804 | $ | 1,713 | $ | 1,455 | 5 | % | 24 | % |
Industrial & IoT | $ | 713 | $ | 713 | $ | 607 | — | % | 17 | % |
Mobile | $ | 410 | $ | 388 | $ | 345 | 6 | % | 19 | % |
Comm. Infra. & Other | $ | 518 | $ | 498 | $ | 454 | 4 | % | 14 | % |
DIO | | 99 | | 94 | | 85 | | |
DPO | | 96 | | 94 | | 83 | | |
DSO | | 27 | | 27 | | 31 | | |
Cash Conversion Cycle | | 30 | | 27 | | 33 | | |
Channel Inventory (months) | | 1.6 | | 1.6 | | 1.6 | | |
Financial Leverage (ii) | 1.4x | 1.5x | 1.9x | | |
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Additional Information for the Third Quarter 2022:
- For an explanation of GAAP to non-GAAP adjustments, please see “Non-GAAP Financial Measures”.
- Financial leverage is defined as net debt divided by trailing twelve months adjusted EBITDA.
- Net cash paid for income taxes related to on-going operations was $160 million; and
- Weighted average number of diluted shares for the three-month period ended October 2, 2022 was 264.7 million.