An apparatus and method for efficient memory utilization in an electronic system comprises a memory divided into memory units of equal size, a data source, and an interface between the memory and the data source, which manages storage and retrieval of data in the memory. The data source generates first data components and second data components, each of the first data components being larger than each of the second data components. Each memory unit is sized to contain one of the second data components. The memory units are configured as a continuous memory ring. The interface stores the data components sequentially in the memory ring as the data components are generated by the data source. The interface also retrieves the data components sequentially from the memory ring. A control module sends control signals to the interface to control read and write operations for the data components.