Intel Corporation (INTC)

Number of days of payables

		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
Payables turnover		3.90	4.32	4.15	4.58	4.54	4.72	4.77	5.39	4.60	4.66	4.05	4.29	5.84	6.51	7.45	8.16	7.44	7.88	7.96	8.18
Number of days of payables	days	93.66	84.45	88.05	79.70	80.34	77.37	76.44	67.75	79.30	78.37	90.14	85.11	62.48	56.06	49.02	44.70	49.08	46.32	45.83	44.60

December 31, 2024 calculation

Number of days of payables = 365 ÷ Payables turnover
= 365 ÷ 3.90
= 93.66

The number of days of payables for Intel Corporation has been fluctuating over the past few years, ranging from as low as 44.60 days to as high as 93.66 days. The trend shows some variability, indicating changes in Intel's payment practices to its suppliers.

Initially, the number of days of payables increased gradually from March 31, 2020, to December 31, 2021, suggesting that Intel was taking longer to settle its payables during this period. Notably, there was a significant jump from December 31, 2021, to March 31, 2022, where the days of payables spiked to 85.11 days.

Subsequently, there was a slight decrease in the number of days of payables by June 30, 2022, followed by some fluctuations until December 31, 2024. Overall, the trend indicates that Intel has been extending its payment period to suppliers, potentially to manage cash flows or improve working capital efficiency.

It would be essential for stakeholders to monitor this metric closely, as significant changes in the number of days of payables could indicate shifts in Intel's liquidity position or relationships with its suppliers. Efforts to strike a balance between managing cash flow effectively and maintaining positive supplier relationships will be crucial for Intel's financial health in the future.