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GuruFocus has detected 5 Warning Signs with Micron Technology Inc $MU.
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Micron Technology Inc (NAS:MU)
Accounts Payable & Accrued Expense
$3,999 Mil (As of Nov. 2016)

Micron Technology Inc's quarterly accounts payable & accrued expense increased from May. 2016 ($3,599 Mil) to Aug. 2016 ($3,747 Mil) and increased from Aug. 2016 ($3,747 Mil) to Nov. 2016 ($3,999 Mil).

Micron Technology Inc's annual accounts payable & accrued expense declined from Aug. 2014 ($2,766 Mil) to Aug. 2015 ($2,596 Mil) but then increased from Aug. 2015 ($2,596 Mil) to Aug. 2016 ($3,747 Mil).


Definition

Accounts payable & accrued expense usually includes accounts payable, accrued compensation and related benefits, etc.

Accounts payable is money owed by a business to its suppliers shown as a liability on a company's balance sheet. It is distinct from notes payable liabilities, which are debts created by formal legal instrument documents.

It is part of the current portion of the liabilities (due within one year or within the normal operating cycle if longer) reflected on the balace sheet of the company. A higher Accounts Payable means lower Working Capital needed to operate the business.


Historical Data

* All numbers are in millions except for per share data and ratio. All numbers are in their local exchange's currency.

Micron Technology Inc Annual Data

Aug07Aug08Aug09Aug10Aug11Aug12Aug13Aug14Aug15Aug16
Accounts Payable & Accrued Expense 1,3001,1111,0371,5091,8231,5001,9752,7662,5963,747

Micron Technology Inc Quarterly Data

Aug14Nov14Feb15May15Aug15Nov15Feb16May16Aug16Nov16
Accounts Payable & Accrued Expense 2,7662,8552,5613,1252,5962,7843,0873,5993,7473,999
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