Intel Corporation (INTC)

Number of days of payables

		Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Payables turnover		3.96	4.64	4.70	8.04	7.60
Number of days of payables	days	92.28	78.58	77.66	45.39	48.06

December 31, 2024 calculation

Number of days of payables = 365 ÷ Payables turnover
= 365 ÷ 3.96
= 92.28

The number of days of payables for Intel Corporation has shown a slight decrease from 48.06 days as of December 31, 2020, to 45.39 days as of December 31, 2021. However, there has been a significant increase to 77.66 days as of December 31, 2022, and further to 78.58 days as of December 31, 2023. The trend continues with a notable rise to 92.28 days as of December 31, 2024. A higher number of days of payables may indicate that Intel is taking longer to pay its suppliers, potentially affecting cash flow management and supplier relationships.