Intel Corporation (INTC)
Receivables turnover
| 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 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue (ttm) | US$ in thousands | 53,264,000 | 54,364,000 | 55,781,000 | 55,667,000 | 54,506,000 | 49,818,000 | 51,609,000 | 53,222,000 | 60,233,000 | 69,226,000 | 72,142,000 | 77,425,000 | 78,200,000 | 77,539,000 | 76,698,000 | 76,709,000 | 76,997,000 | 77,332,000 | 78,200,000 | 75,050,000 |
| Receivables | US$ in thousands | 6,078,000 | 3,121,000 | 3,131,000 | 3,323,000 | 3,461,000 | 2,843,000 | 2,996,000 | — | 4,271,000 | — | — | — | 9,480,000 | 8,400,000 | 7,460,000 | 7,208,000 | 6,913,000 | 7,140,000 | 7,441,000 | 8,455,000 |
| Receivables turnover | 8.76 | 17.42 | 17.82 | 16.75 | 15.75 | 17.52 | 17.23 | — | 14.10 | — | — | — | 8.25 | 9.23 | 10.28 | 10.64 | 11.14 | 10.83 | 10.51 | 8.88 |
December 31, 2024 calculation
Receivables turnover = Revenue (ttm) ÷ Receivables
= $53,264,000K ÷ $6,078,000K
= 8.76
The receivables turnover ratio of Intel Corporation has exhibited fluctuations over the years. From March 31, 2020, at 8.88, the ratio increased steadily, reaching its peak at December 31, 2022, with a ratio of 14.10. This suggests that the company was efficient in collecting its accounts receivable during this period.
However, starting from March 31, 2023, the receivables turnover ratio surged significantly, indicating an even higher efficiency in collecting receivables. The ratio peaked at June 30, 2024, with a ratio of 17.82, reflecting a substantial improvement in collecting payments from customers.
At September 30, 2024, the ratio slightly decreased to 17.42, showing a minor slowdown in receivables turnover efficiency. Finally, by December 31, 2024, the ratio dropped to 8.76, indicating a significant decrease compared to the previous quarter.
In conclusion, the trend in Intel Corporation's receivables turnover ratio reflects periods of high efficiency in collecting receivables, with some fluctuations that may need further analysis to understand the underlying reasons for these changes in efficiency.
Peer comparison
Dec 31, 2024