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Micron Technology (Micron Technology) Days Sales Outstanding

: 47.99 (As of Feb. 2024)
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Micron Technology's average Accounts Receivable for the three months ended in Feb. 2024 was $3,063 Mil. Micron Technology's Revenue for the three months ended in Feb. 2024 was $5,824 Mil. Hence, Micron Technology's Days Sales Outstanding for the three months ended in Feb. 2024 was 47.99.

The historical rank and industry rank for Micron Technology's Days Sales Outstanding or its related term are showing as below:

MU' s Days Sales Outstanding Range Over the Past 10 Years
Min: 47.19   Med: 54.42   Max: 80.01
Current: 48.26

During the past 13 years, Micron Technology's highest Days Sales Outstanding was 80.01. The lowest was 47.19. And the median was 54.42.

MU's Days Sales Outstanding is ranked better than
69.02% of 978 companies
in the Semiconductors industry
Industry Median: 62.495 vs MU: 48.26

Micron Technology's Days Sales Outstanding declined from Feb. 2023 (58.88) to Feb. 2024 (47.99).


Micron Technology Days Sales Outstanding Historical Data

The historical data trend for Micron Technology's Days Sales Outstanding 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.

Micron Technology Annual Data
Trend Aug14 Aug15 Aug16 Aug17 Aug18 Aug19 Aug20 Aug21 Aug22 Aug23
Days Sales Outstanding
Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 61.08 53.40 55.43 57.47 80.01

Micron Technology Quarterly Data
May19 Aug19 Nov19 Feb20 May20 Aug20 Nov20 Feb21 May21 Aug21 Nov21 Feb22 May22 Aug22 Nov22 Feb23 May23 Aug23 Nov23 Feb24
Days Sales Outstanding 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 Premium Member Only Premium Member Only Premium Member Only 58.88 47.83 46.54 43.69 47.99

Competitive Comparison

For the Semiconductors subindustry, Micron Technology's Days Sales Outstanding, along with its competitors' market caps and Days Sales Outstanding 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.


Micron Technology Days Sales Outstanding Distribution

For the Semiconductors industry and Technology sector, Micron Technology's Days Sales Outstanding distribution charts can be found below:

* The bar in red indicates where Micron Technology's Days Sales Outstanding falls into.



Micron Technology Days Sales Outstanding Calculation

Days Sales Outstanding measures 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 Receivable are being managed.

Accounts Receivable can be measured by Days Sales Outstanding.

Micron Technology's Days Sales Outstanding for the fiscal year that ended in Aug. 2023 is calculated as

Days Sales Outstanding (A: Aug. 2023 )
=Average Accounts Receivable /Revenue*Days in Period
=( (Accounts Receivable (A: Aug. 2022 ) + Accounts Receivable (A: Aug. 2023 )) / count ) / Revenue (A: Aug. 2023 )*Days in Period
=( (4765 + 2048) / 2 ) / 15540*365
=3406.5 / 15540*365
=80.01

Micron Technology's Days Sales Outstanding for the quarter that ended in Feb. 2024 is calculated as:

Days Sales Outstanding (Q: Feb. 2024 )
=Average Accounts Receivable /Revenue*Days in Period
=( (Accounts Receivable (A: Nov. 2023 ) + Accounts Receivable (A: Feb. 2024 )) / count ) / Revenue (A: Feb. 2024 )*Days in Period
=( (2478 + 3648) / 2 ) / 5824*365 / 4
=3063 / 5824*365 / 4
=47.99

* 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.


Micron Technology  (NAS:MU) Days Sales Outstanding Explanation

For retailers, when we compare Days Sales Outstanding, it is important to compare the same period in the previous years.


Micron Technology Days Sales Outstanding Related Terms

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Micron Technology (Micron Technology) Business Description

Address
8000 South Federal Way, Post Office Box 6, Boise, ID, USA, 83716-9632
Micron is one of the largest semiconductor companies in the world, specializing in memory and storage chips. Its primary revenue stream comes from dynamic random access memory, or DRAM, and it also has minority exposure to not-and or NAND, flash chips. Micron serves a global customer base, selling chips into data centers, mobile phones, consumer electronics, and industrial and automotive applications. The firm is vertically integrated.
Executives
Sanjay Mehrotra officer: President & CEO C/O WESTERN DIGITAL CORPORATION, 3355 MICHELSON DRIVE, SUITE 100, IRVINE CA 92612
Scott J Deboer officer: Vice President, R&D 8000 S FEDERAL WAY, MS 1-557, BOISE ID 83716
Scott R. Allen officer: CVP, Chief Accounting Officer 11690 N.W. 105TH STREET, MIAMI FL 33178
April L Arnzen officer: VP, Human Resources 8000 S FEDERAL WAY, MS 1-557, BOISE ID 83716
Michael W Bokan officer: SVP, WORLDWIDE SALES 8000 S FEDERAL WAY, MS 1-557, BOISE ID 83716
Sumit Sadana officer: EVP & Chief Business Officer 47544 AVALON HEIGHTS TERRACE, FREMONT CA 94539
Richard M Beyer director 6501 WILLIAM CANNON DRIVE, WEST, AUSTIN TX 78735
Manish H Bhatia officer: EVP, Global Operations C/O WESTERN DIGITAL CORPORATION, 5601 GREAT OAKS PARKWAY, SAN JOSE CA 95119
Robert P Beard officer: SVP, General Counsel&Secretary 8000 S. FEDERAL WAY, BOISE ID 83716
Mark J. Murphy officer: EVP & Chief Financial Officer DELPHI AUTOMOTIVE PLC, 5725 DELPHI DRIVE, TROY MI 48098
Joel L Poppen officer: VP Legal Affairs, Gen Counsel, other: Corporate Secretary 8000 S. FEDERAL WAY, MS 1-557, BOISE ID 83716
David Zinsner officer: SVP & Chief Financial Officer 1001 MURPHY RANCH ROAD, MILPITAS CA 95035
Linnie M Haynesworth director 214 N TRYON STREET, CHARLOTTE NC 28202
Lynn A Dugle director 4803 STONECROFT BOULEVARD, CHANTILLY VA 20151
Paul Marosvari officer: VP, Chief Accounting Officer 8000 S. FEDERAL WAY, BOISE ID 83716