GURUFOCUS.COM » STOCK LIST » Technology » Semiconductors » Intel Corp (XKAZ:INTC_KZ) » Definitions » Accounts Receivable

Intel (XKAZ:INTC_KZ) Accounts Receivable : $3,402 Mil (As of Dec. 2023)


View and export this data going back to 2019. Start your Free Trial

What is Intel Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Intel's accounts receivables for the quarter that ended in Dec. 2023 was $3,402 Mil.

Accounts receivable can be measured by Days Sales Outstanding. Intel's Days Sales Outstanding for the quarter that ended in Dec. 2023 was 20.15.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. Intel's Net-Net Working Capital per share for the quarter that ended in Dec. 2023 was $-12.50.


Intel Accounts Receivable Historical Data

The historical data trend for Intel's Accounts Receivable 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 Accounts Receivable Chart

Intel Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Accounts Receivable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 7,659.00 6,782.00 9,457.00 4,133.00 3,402.00

Intel Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Accounts Receivable 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 4,133.00 3,847.00 2,996.00 2,843.00 3,402.00

Intel Accounts Receivable Calculation

Accounts Receivable is money owed to a business by customers and shown on its Balance Sheet as an asset.


Intel Accounts Receivable Explanation

1. Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Days Sales Outstanding measures of the average number of days that a company takes to collect revenue after a sale has been made. It is a financial ratio that illustrates how well a company's accounts receivables are being managed.

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

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=3402/15406*91
=20.15

2. In Ben Graham's calculation of Net-Net Working Capital (NNWC), Intel's accounts receivable are only considered to be worth 75% of book value:

Intel's Net-Net Working Capital Per Share for the quarter that ended in Dec. 2023 is calculated as:

Net-Net Working Capital Per Share
=(Cash And Cash Equivalents+0.75 * Accounts Receivable+0.5 * Total Inventories-Total Liabilities
-Preferred Stock-Minority Interest)/Shares Outstanding (EOP)
=(25034+0.75 * 3402+0.5 * 11127-81607
-0-4375)/4228
=-12.50

* 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

Net receivables tells us a great deal about the different competitors in the same industry. In competitive industries, some attempt to gain advantage by offering better credit terms, causing increase in sales and receivables.

If company consistently shows lower % Net receivables to gross sales than competitors, then it usually has some kind of competitive advantage which requires further digging.

Average Days Sales Outstanding is a good indicator for measuring a company's sales channel and customers. A company may book great revenue and earnings growth but never receive payment from their customers. This may force a write-off in the future and depress future earnings.


Intel Accounts Receivable Related Terms

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


Intel (XKAZ:INTC_KZ) 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.

Intel (XKAZ:INTC_KZ) Headlines

No Headlines