Intel Corporation (INTC)

Days of sales outstanding (DSO)

		Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020	Dec 31, 2019
Receivables turnover		15.57	14.47	8.25	11.14	9.19
DSO	days	23.45	25.22	44.27	32.78	39.74

December 31, 2023 calculation

DSO = 365 ÷ Receivables turnover
= 365 ÷ 15.57
= 23.45

Intel Corporation's Days Sales Outstanding (DSO) measures the average number of days it takes for the company to collect revenues after making a sale. A lower DSO indicates that the company is able to collect payment faster, which is generally favorable.

Analyzing the trend of Intel's DSO over the past five years, we observe fluctuations in the collection period. In 2023, the DSO decreased to 23.45 days from 25.22 days in 2022, showing an improvement in collecting payments efficiently. This reduction could be attributed to more effective collection practices or better credit management.

Comparing the current DSO to previous years, Intel has managed to significantly reduce its DSO from 44.27 days in 2021 to 23.45 days in 2023. This improvement indicates that the company has enhanced its ability to convert sales into cash more promptly, which can positively impact its cash flow and liquidity.

It is essential for Intel to continue monitoring its DSO and aim to maintain a low and stable collection period to ensure efficient cash flow management. Overall, the decreasing trend in DSO reflects positively on Intel's ability to manage its accounts receivable effectively and promptly collect revenues from customers.