GURUFOCUS.COM » STOCK LIST » Technology » Semiconductors » Intel Corp (NAS:INTC) » Definitions » Days Inventory

Intel (INTC) Days Inventory

: 123.32 (As of Dec. 2023)
View and export this data going back to 1971. Start your Free Trial

Days Inventory is also known as Days Sales of Inventory (DSI). Intel's Average Total Inventories for the three months ended in Dec. 2023 was $11,297 Mil. Intel's Cost of Goods Sold for the three months ended in Dec. 2023 was $8,359 Mil. Hence, Intel's Days Inventory for the three months ended in Dec. 2023 was 123.32.

The historical rank and industry rank for Intel's Days Inventory or its related term are showing as below:

INTC' s Days Inventory Range Over the Past 10 Years
Min: 76.07   Med: 96.26   Max: 136.67
Current: 136.48

During the past 13 years, Intel's highest Days Inventory was 136.67. The lowest was 76.07. And the median was 96.26.

INTC's Days Inventory is ranked worse than
52.5% of 939 companies
in the Semiconductors industry
Industry Median: 131.48 vs INTC: 136.48

Intel's Days Inventory declined from Dec. 2022 (139.17) to Dec. 2023 (123.32).

Inventory Turnover measures how fast the company turns over its inventory within a year. Intel's Inventory Turnover for the three months ended in Dec. 2023 was 0.74.

Inventory-to-Revenue determines the ability of a company to manage their inventory levels. It measures the percentage of Inventories the company currently has on hand to support the current amount of Revenue. Intel's Inventory-to-Revenue for the three months ended in Dec. 2023 was 0.73.


Intel Days Inventory Historical Data

The historical data trend for Intel's Days Inventory can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Intel Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Days Inventory
Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 97.89 91.48 99.54 121.03 136.67

Intel Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Days Inventory Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 139.17 155.20 137.12 131.44 123.32

Competitive Comparison

For the Semiconductors subindustry, Intel's Days Inventory, along with its competitors' market caps and Days Inventory data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Intel Days Inventory Distribution

For the Semiconductors industry and Technology sector, Intel's Days Inventory distribution charts can be found below:

* The bar in red indicates where Intel's Days Inventory falls into.



Intel Days Inventory Calculation

Days Inventory indicates the number of days of goods in sales that a company has in the inventory.

Intel's Days Inventory for the fiscal year that ended in Dec. 2023 is calculated as

Days Inventory (A: Dec. 2023 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (A: Dec. 2022 ) + Total Inventories (A: Dec. 2023 )) / count ) / Cost of Goods Sold (A: Dec. 2023 )*Days in Period
=( (13224 + 11127) / 2 ) / 32517*365
=12175.5 / 32517*365
=136.67

Intel's Days Inventory for the quarter that ended in Dec. 2023 is calculated as:

Days Inventory (Q: Dec. 2023 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (Q: Sep. 2023 ) + Total Inventories (Q: Dec. 2023 )) / count ) / Cost of Goods Sold (Q: Dec. 2023 )*Days in Period
=( (11466 + 11127) / 2 ) / 8359*365 / 4
=11296.5 / 8359*365 / 4
=123.32

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Intel  (NAS:INTC) Days Inventory Explanation

Days Inventory indicates the liquidity of the inventory. Generally, a lower Days Inventory is preferred as it indicates a shorter duration to clear off the inventory. An increase of the ratio may indicate the company's sales slowed. Similar ratios related to Days Inventory are:

1. Inventory Turnover measures how fast the company turns over its inventory within a year.

Intel's Inventory Turnover for the three months ended in Dec. 2023 is calculated as

2. Inventory-to-Revenue determines the ability of a company to manage their inventory levels. It measures the percentage of Inventories the company currently has on hand to support the current amount of Revenue.

Intel's Inventory to Revenue for the three months ended in Dec. 2023 is calculated as

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Be Aware

A lot of business are seasonable. It makes more sense to compare Days Inventory from the same period in the previous year instead of from the previous quarter.


Intel Days Inventory Related Terms

Thank you for viewing the detailed overview of Intel's Days Inventory provided by GuruFocus.com. Please click on the following links to see related term pages.


Intel (INTC) Business Description

Address
2200 Mission College Boulevard, Santa Clara, CA, USA, 95054-1549
Intel is a leading digital chipmaker, focused on the design and manufacturing of microprocessors for the global personal computer and data center markets. Intel pioneered the x86 architecture for microprocessors and was the prime proponent of Moore's law for advances in semiconductor manufacturing. Intel remains the market share leader in central processing units in both the PC and server end markets. Intel has also been expanding into new adjacencies, such as communications infrastructure, automotive, and the Internet of Things. Further, Intel expects to leverage its chip manufacturing capabilities into an outsourced foundry model where it constructs chips for others.
Executives
Lip Bu Tan director ONE CALIFORNIA STREET 28TH FLOOR, SAN FRANCISCO CA 94111
Patrick P Gelsinger officer: SENIOR VICE PRESIDENT VMWARE, INC., 3401 HILLVIEW AVENUE, PALO ALTO CA 94304
Michelle Johnston Holthaus officer: EVP & GM, CCG 1400 FOUNTAINGROVE PARKWAY, SANTA ROSA CA 95403
David Zinsner officer: EVP, CFO 1001 MURPHY RANCH ROAD, MILPITAS CA 95035
Omar Ishrak director 710 MEDTRONIC PKWY, MS LC300, MINNEAPOLIS MN 55432
Barbara Novick director 21 PINE COURT, NEW PROVIDENCE NJ 07974
Scott Gawel officer: CVP, Chief Accounting Officer
Boise April Miller officer: EVP and Chief Legal Officer C/O INTEL CORPORATION, 2200 MISSION COLLEGE BLVD, SANTA CLARA CA 95054
Christoph Schell officer: EVP; Chief Cml Ofcr; GM, SMG C/O INTEL CORPORATION, 2200 MISSION COLLEGE BLVD, SANTA CLARA CA 95054
Steven Ralph Rodgers officer: EVP General Counsel 2200 MISSION COLLEGE BLVD., ROSEVILLE CA 95054
Gregory M Bryant officer: EVP, GM, CCG 2200 MISSION COLLEGE BLVD, SANTA CLARA CA 95054
Tsu-jae King Liu director 2200 MISSION COLLEGE BLVD, SANTA CLARA CA 95054
Dion J Weisler director C/O HP INC., 1501 PAGE MILL RD, PALO ALTO CA 94304
Gregory D Smith director 100 N RIVERSIDE PLAZA, M/C 3005-1001, CHICAGO IL 60606-1596
James J Goetz director C/O SEQUOIA CAPITAL, 2800 SAND HILL RD, SUITE 101, MENLO PARK CA 94025

Intel (INTC) Headlines

From GuruFocus

Intel Corp at CES Transcript

By GuruFocus Research 01-23-2024

Q3 2022 Intel Corp Earnings Call Transcript

By GuruFocus Research 01-23-2024

Intel Opens Fab 9 in New Mexico

By Business Wire 01-24-2024

Q3 2023 Intel Corp Earnings Call Transcript

By GuruFocus Research 01-23-2024

Intel Corp Innovation- Q&A Session Transcript

By GuruFocus Research 01-23-2024