SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Politics : Ask Michael Burke

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: Knighty Tin who wrote (43078)1/12/1999 6:24:00 PM
From: NW Bronco Fan  Read Replies (3) of 132070
 
MB, "I expected big rises in receivables and inventories, but that didn't happen."

I wonder if they offered any discounts to customers to speed up payments and lower DSO. Not much different than Compaq's factoring during their channel stuffing days to help reduce A/R. Cash discounts for early pay are recorded as expense, not revenue reduction.

From their press release:
** Expenses during the quarter were up 16 percent from the third quarter, higher than the revised guidance Intel gave in November that spending was expected to be approximately 8 to 10 percent higher than the third quarter expenses. The higher than expected expenses in the fourth quarter are primarily attributable to incremental spending associated with revenue and profit dependent expenses and higher than expected utilization on the Intel Inside® program.
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext