For the last fully reported fiscal quarter, Intersil's year-over-year revenue shrank 18.9%, and its AR dropped 7.9%. That's a yellow flag. End-of-quarter DSO increased 13.6% over the prior-year quarter. It was up 8.0% versus the prior quarter.
Top management should have seen this coming. If they did...they failed to execute a solution. Compare performance of SLAB over the same period.