“We left last year with about the 2/3 of our revenues direct. So, we expected that percentage will increase over time.”

In context

“year, the direct business, which includes consignment that was about 65% of revenues. Where does that mix roughly sit today and did the team drive a positive book-to-bill ratio in Q3, if you could maybe quantify? Rafael Lizardi: So, on the book-to-bill, we don't think that's relevant, frankly, and we haven't disclosed that in a while, and we're not disclosing that anymore. On your first question on percent, I think you asked percent of our revenue from consignment, is that right? Harlan Sur: I didn't quite -- Yeah, that's the first part. Dave Pahl: Yeah. Could you just repeat it, Harlan, so we got -- make sure we got it right what you're asking, the first question? Harlan, are you there? Harlan Sur: Yeah, just percentage of the overall direct business. Dave Pahl: Oh, direct business, yes. We left last year with about the 2/3 of our revenues direct. So, we expected that percentage will increase over time. We'll provide an update of what we've done with that this year in our February call, cap management, the call in February of actually what that looks like. But just to say, over time, that we do expect that that will move up slightly over time. And just the other caller with Rafael talking about book-to-bill. As we've got a lot of our revenue on consignment, we've got ti.com, the actual backlog isn't quite as meaningful as what it used to be. So, as he said, it's just not a number that we look at or measure or we've talked about in some time. So, it isn't quite as helpful as what it used to be. So, thank you, Harlan, and we'll go to the next caller, please. Operator: And we'll go next to Stacy Rasgon of Bernstein Research. Stacy Rasgon: Hi, guys. Thanks for taking my questions. For the f”