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Intel (INTC) Receivables Turnover : 4.93 (As of Dec. 2023)


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What is Intel Receivables Turnover?

The Receivables Turnover ratio measures the number of times a company collects its average accounts receivable balance. It is calculated as Revenue divided by average Accounts Receivable. An efficient company has a higher accounts receivable turnover ratio while an inefficient company has a lower ratio. Intel's Revenue for the three months ended in Dec. 2023 was $15,406 Mil. Intel's average Accounts Receivable for the three months ended in Dec. 2023 was $3,123 Mil. Hence, Intel's Receivables Turnover for the three months ended in Dec. 2023 was 4.93.


Intel Receivables Turnover Historical Data

The historical data trend for Intel's Receivables Turnover 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 Receivables Turnover Chart

Intel Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Receivables Turnover
Get a 7-Day Free Trial Premium Member Only Premium Member Only 10.01 10.78 9.73 9.28 14.39

Intel Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Receivables Turnover Get a 7-Day Free Trial 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 2.42 2.94 3.78 4.85 4.93

Competitive Comparison of Intel's Receivables Turnover

For the Semiconductors subindustry, Intel's Receivables Turnover, along with its competitors' market caps and Receivables Turnover 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's Receivables Turnover Distribution in the Semiconductors Industry

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

* The bar in red indicates where Intel's Receivables Turnover falls into.



Intel Receivables Turnover Calculation

Receivables Turnover measures the number of times a company collects its average accounts receivable balance.

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

Receivables Turnover (A: Dec. 2023 )
=Revenue / Average Total Inventories
=Revenue (A: Dec. 2023 ) / ((Accounts Receivable (A: Dec. 2022 ) + Accounts Receivable (A: Dec. 2023 )) / count )
=54228 / ((4133 + 3402) / 2 )
=54228 / 3767.5
=14.39

Intel's Receivables Turnover for the quarter that ended in Dec. 2023 is calculated as

Receivables Turnover (Q: Dec. 2023 )
=Revenue / Average Total Inventories
=Revenue (Q: Dec. 2023 ) / ((Accounts Receivable (Q: Sep. 2023 ) + Accounts Receivable (Q: Dec. 2023 )) / count )
=15406 / ((2843 + 3402) / 2 )
=15406 / 3122.5
=4.93

* 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) Receivables Turnover Explanation

An efficient company has a higher accounts receivable turnover ratio while an inefficient company has a lower ratio. This metric is commonly used to compare companies within the same industry to check whether they are on par with their competitors.


Intel Receivables Turnover Related Terms

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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

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