Intel Corporation (INTC)

Days of inventory on hand (DOH)

		Dec 31, 2024	Sep 30, 2024	Jun 30, 2024	Mar 31, 2024	Dec 31, 2023	Sep 30, 2023	Jun 30, 2023	Mar 31, 2023	Dec 31, 2022	Sep 30, 2022	Jun 30, 2022	Mar 31, 2022	Dec 31, 2021	Sep 30, 2021	Jun 30, 2021	Mar 31, 2021	Dec 31, 2020	Sep 30, 2020	Jun 30, 2020	Mar 31, 2020
Inventory turnover		4.01	3.97	3.55	3.41	3.50	3.57	3.49	3.35	3.34	2.59	2.64	2.59	3.12	4.51	5.00	5.23	4.93	4.38	4.48	4.11
DOH	days	90.99	91.98	102.94	107.03	104.21	102.33	104.61	108.90	109.30	140.97	138.12	140.88	117.15	80.87	73.04	69.82	74.11	83.27	81.47	88.92

December 31, 2024 calculation

DOH = 365 ÷ Inventory turnover
= 365 ÷ 4.01
= 90.99

The days of inventory on hand (DOH) for Intel Corporation experienced fluctuations over the period from March 31, 2020, to December 31, 2024. The DOH measures the average number of days it takes for a company to sell its entire inventory. A decreasing DOH typically indicates efficient inventory management, while an increasing DOH may suggest slower sales or excess inventory.

From March 2020 to December 2021, Intel's DOH decreased steadily from 88.92 days to 117.15 days before experiencing a notable spike to 140.88 days by March 2022. This sudden increase in DOH could indicate potential issues such as slow sales, excess inventory, or disruptions in the supply chain.

Subsequently, from March 2022 to December 2024, Intel managed to reduce its DOH back to 90.99 days by the end of December 2024. This improvement suggests that Intel may have made adjustments to their inventory management processes to better align inventory levels with demand.

Overall, Intel Corporation should continue to monitor its DOH closely to ensure efficient inventory management, optimize cash flow, and prevent potential obsolescence issues. Maintaining a balance between maintaining adequate inventory levels to meet demand and avoiding excess inventory will be crucial for Intel's financial health and operational efficiency.