Intel Corporation (INTC)

Days of inventory on hand (DOH)

		Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Inventory turnover		4.07	3.58	3.41	4.29	5.03
DOH	days	89.65	101.93	107.03	85.10	72.56

December 31, 2024 calculation

DOH = 365 ÷ Inventory turnover
= 365 ÷ 4.07
= 89.65

Days of Inventory on Hand (DOH) is a financial ratio that indicates how many days, on average, a company holds its inventory before selling it. A higher DOH value suggests that the company may be inefficient in managing its inventory, tying up resources and potentially signaling slower inventory turnover.

Analyzing Intel Corporation's DOH over the years provides insights into its inventory management practices. From 2020 to 2024, the DOH for Intel has shown an increasing trend. In December 31, 2020, the DOH was 72.56 days, which increased to 85.10 days by December 31, 2021, and continued to rise to 107.03 days by December 31, 2022. This significant increase may indicate that Intel is holding onto its inventory for a longer period, possibly due to slower sales, production issues, or excess inventory levels.

However, there seemed to be a slight improvement in 2023 as the DOH decreased to 101.93 days, suggesting some efficiency in inventory management. By December 31, 2024, the DOH further decreased to 89.65 days, indicating a possible adjustment in Intel's inventory practices.

Overall, the increasing trend in DOH from 2020 to 2022 followed by a slight decrease in 2023 and 2024 suggests that Intel may need to focus on optimizing its inventory levels to enhance operational efficiency and profitability. Further analysis of the underlying factors driving these fluctuations in DOH would provide more clarity on Intel's inventory management performance.