Intel Corporation (INTC)

Days of sales outstanding (DSO)

		Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Receivables turnover		8.81	15.57	14.47	8.25	11.14
DSO	days	41.42	23.45	25.22	44.27	32.78

December 31, 2024 calculation

DSO = 365 ÷ Receivables turnover
= 365 ÷ 8.81
= 41.42

To analyze Intel Corporation's Days of Sales Outstanding (DSO) over the period from December 31, 2020, to December 31, 2024, we observe the following trends:

1. DSO increased from 32.78 days as of December 31, 2020, to 44.27 days as of December 31, 2021, indicating that it took the company longer to convert its accounts receivable into cash in 2021.

2. There was a significant improvement in DSO from 44.27 days as of December 31, 2021, to 25.22 days as of December 31, 2022, suggesting that Intel managed to collect payments from customers more efficiently in 2022.

3. The trend continued positively as DSO further decreased to 23.45 days as of December 31, 2023, showcasing Intel's continued effectiveness in managing its accounts receivable turnover.

4. However, there was a reversal in this positive trend as DSO increased to 41.42 days as of December 31, 2024, signifying a potential slowdown in the collection of sales revenues in that period.

In summary, Intel Corporation initially faced challenges in collecting receivables but implemented measures to improve efficiency in 2022 and 2023. Nonetheless, a spike in DSO in 2024 may indicate emerging issues in the company's accounts receivable management that require attention for sustained financial health.