Intel Corporation (INTC)

Number of days of payables

		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
Payables turnover		4.33	4.51	4.57	5.16	4.60	4.66	4.05	4.29	5.84	6.51	7.45	8.16	7.44	7.88	7.96	8.18	8.86	7.39	7.35	8.44
Number of days of payables	days	84.30	81.00	79.95	70.72	79.30	78.37	90.14	85.11	62.48	56.06	49.02	44.70	49.08	46.32	45.83	44.60	41.20	49.39	49.69	43.25

December 31, 2023 calculation

Number of days of payables = 365 ÷ Payables turnover
= 365 ÷ 4.33
= 84.30

The number of days of payables for Intel Corporation has shown fluctuations over the periods analyzed.

The trend indicates that Intel has been taking longer to pay its suppliers over time. The average number of days of payables has increased from around 41 days in March 2019 to approximately 81 days in September 2023.

This indicates that Intel is taking longer to settle its payables, which could potentially signal liquidity issues or a change in the company's payment terms with suppliers. It is essential for Intel to manage its payables effectively to ensure smooth operations and maintain good relationships with its suppliers.

Further investigation into the reasons behind this trend and its impact on the company's financial health may be necessary to understand the implications of these changes in the number of days of payables for Intel Corporation.