Intel Corporation (INTC)

Days of sales outstanding (DSO)

		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	Dec 31, 2019	Sep 30, 2019	Jun 30, 2019	Mar 31, 2019
Receivables turnover		15.78	17.56	17.26	—	14.10	—	—	—	8.25	9.23	10.28	10.64	11.14	10.83	10.51	8.88	9.19	10.12	11.13	10.03
DSO	days	23.13	20.79	21.15	—	25.88	—	—	—	44.25	39.54	35.50	34.30	32.77	33.70	34.73	41.12	39.71	36.08	32.78	36.40

December 31, 2023 calculation

DSO = 365 ÷ Receivables turnover
= 365 ÷ 15.78
= 23.13

Days of Sales Outstanding (DSO) is a key financial ratio that measures the average number of days a company takes to collect revenue after making a sale. A lower DSO indicates that a company is collecting payments more quickly and efficiently, which is generally favorable as it improves cash flow and working capital management.

Analyzing the DSO trend for Intel Corporation over the past 4 years reveals fluctuations in its collection period. In the most recent period, as of December 31, 2023, the DSO stood at 23.13 days, showing a slight increase compared to the previous quarter. This suggests that Intel may be taking slightly longer to collect revenue from sales, although the DSO remains at a relatively efficient level.

Looking back at historical data, there have been periods where the DSO has been higher, such as in December 2021 when it peaked at 44.25 days. This indicated slower collections, which could have been influenced by various factors like changes in credit terms, customer payment behavior, or sales volume.

It is worth noting that there are missing data points in some quarters, which limits a comprehensive analysis of the DSO trend over time. However, based on the available information, Intel seems to have maintained a relatively stable DSO performance, with occasional fluctuations that may require further investigation to understand the underlying reasons.

Overall, while the DSO of Intel Corporation has shown variability, the current level of 23.13 days indicates efficient management of accounts receivable and timely collection of sales revenue, which is a positive signal for the company's financial health.