Supply Chains to Admire 2023

TSMC Operating Margin vs. Inventory Turns (2013 - 2022)

Best Scenario

10.0

2016

9.5

9.0

2013

8.5

8.0

7.5

2019

7.0

2015

6.5

2017

TSM 0.38, 6.19

6.0

Semiconductor 0.16, 4.39

2014

5.5

2014

5.0

2018

2015

2016

2018

2021

2019

4.5

2022

2017

2021

2020

2013

4.0

2020

2022

3.5

0.08 0.10 0.12 0.14 0.16 0.18 0.20 0.22 0.24 0.26 0.28 0.30 0.32 0.34 0.36 0.38 0.40 0.42 0.44 0.46 0.48 0.50

Operating Margin

Taiwan Semiconductor

Semiconductor

Fundamental Average Scores Taiwan Semiconductor = 10 Industry Average = 8

◆ Average (Operating Margin, Inventory Turns)

Source: Supply Chain Insights LLC, Corporate Annual Reports 2013-2022 from YCharts

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