Intel (INTC) Change In Inventory

: $2,097 Mil (TTM As of Dec. 2023)

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Intel's change in inventory for the quarter that ended in Dec. 2023 was $339 Mil. It means Intel's inventory declined by $339 Mil from Sep. 2023 to Dec. 2023 .

Intel's change in inventory for the fiscal year that ended in Dec. 2023 was $2,097 Mil. It means Intel's inventory declined by $2,097 Mil from Dec. 2022 to Dec. 2023 .

Intel's Total Inventories for the quarter that ended in Dec. 2023 was $11,127 Mil.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Intel's Days Inventory for the quarter that ended in Dec. 2023 was 123.32.

Inventory Turnover measures how fast the company turns over its inventory within a year. Intel's Inventory Turnover for the quarter that 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 quarter that ended in Dec. 2023 was 0.73.

Intel Change In Inventory Historical Data

The historical data trend for Intel's Change In 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.

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Intel Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Change In Inventory

-1,481.00

-687.00

-2,339.00

-2,436.00

2,097.00

Intel Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Change In Inventory																-393.00	231.00	1,009.00	518.00	339.00

Intel Change In Inventory Calculation

Change In Inventory is the difference between last period's ending inventory and the current period's ending inventory.

Change In Inventory for the trailing twelve months (TTM) ended in Dec. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was $2,097 Mil.

Intel (NAS:INTC) Change In Inventory Explanation

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

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

Days Inventory	=	Average Total Inventories	/	Cost of Goods Sold	*	Days in Period
	=	11296.5	/	8359	*	365 / 4
	=	123.32

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

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

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	8359	/	11296.5
	=	0.74

3. 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 quarter that ended in Dec. 2023 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	11296.5	/	15406
	=	0.73

Intel Change In Inventory Related Terms

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Intel (INTC) Business Description

Industry

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Address

2200 Mission College Boulevard, Santa Clara, CA, USA, 95054-1549

Website

https://www.intel.com

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