Various embodiments of methods and associated devices for increasing throughput in a programmable hardware element using interleaved data converters are disclosed. A device comprising a programmable hardware element may be configured to comprise a plurality N of processing portions. The device may receive an input signal, and sample the signal in an interleaved fashion, on a per sample basis, at an effective rate K, to produce N parallel data streams. The N parallel data streams may be processed in parallel by the plurality N of processing portions. Outputs of the plurality N of processing portions may be combined to produce output data. The effective rate K and/or the number N of parallel data streams may be specified by user input. Alternatively, these values may be determined automatically. For example, the effective rate K may be determined automatically based on a bandwidth of the input signal.