NXP Semiconductors Reports Second Quarter 2024 Results
Additional information | | | | | |
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Q2 2024 |
Q1 2024 |
Q2 2023 |
Q - Q |
Y - Y |
Automotive | $ | 1,728 | | $ | 1,804 | | $ | 1,866 | | | -4% | | | -7% | |
Industrial & IoT | $ | 616 | | $ | 574 | | $ | 578 | | | 7% | | | 7% | |
Mobile | $ | 345 | | $ | 349 | | $ | 284 | | | -1% | | | 21% | |
Comm. Infra. & Other | $ | 438 | | $ | 399 | | $ | 571 | | | 10% | | | -23% | |
DIO | 148 | | 144 | | 137 | | | |
DPO | 64 | | 65 | | 63 | | | |
DSO | 27 | | 26 | | 29 | | | |
Cash Conversion Cycle | 111 | | 105 | | 103 | | | |
Channel Inventory (months) | 1.7 | | 1.6 | | 1.6 | | | |
Gross Financial Leverage (iii) | 1.9x | | 1.9x | | 2.1x | | | |
Net Financial Leverage (iv) | 1.3x | | 1.3x | | 1.3x | | | |
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Additional Information for the Second Quarter 2024:
- For an explanation of GAAP to non-GAAP adjustments, please see “Non-GAAP Financial Measures”.
- Refer to Table 1 below for the weighted average number of diluted shares for the presented periods.
- Gross financial leverage is defined as gross debt divided by trailing twelve months adjusted EBITDA.
- Net financial leverage is defined as net debt divided by trailing twelve months adjusted EBITDA.