A method and device are provided for processing data. The method includes, after receiving data input by a data bus, according to a destination indication of the data and a valid bit field indication of the data, writing the data input by the data bus into an uplink side shared cache, polling the uplink side shared cache according to a fixed timeslot order, reading out the data in the uplink side shared cache, and outputting the data to respective corresponding channels. The method and device enable effective saving of cache resources, reduction of pressure on area and timing, and improvement of cache utilization while reliably achieving data cache and bit width conversion.