Micron Technology (Micron Technology) Change In Receivables : $-1,906 Mil (TTM As of Feb. 2024)

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What is Micron Technology Change In Receivables?

Micron Technology's change in receivables for the quarter that ended in Feb. 2024 was $-1,258 Mil. It means Micron Technology's Accounts Receivable increased by $1,258 Mil from Nov. 2023 to Feb. 2024 .

Micron Technology's change in receivables for the fiscal year that ended in Aug. 2023 was $2,763 Mil. It means Micron Technology's Accounts Receivable declined by $2,763 Mil from Aug. 2022 to Aug. 2023 .

Micron Technology's Accounts Receivable for the quarter that ended in Feb. 2024 was $3,648 Mil.

Days Sales Outstanding measures of 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. Micron Technology's Days Sales Outstanding for the three months ended in Feb. 2024 was 57.16.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. Micron Technology's liquidation value for the three months ended in Feb. 2024 was $-5,885 Mil.

Micron Technology Change In Receivables Historical Data

The historical data trend for Micron Technology's Change In Receivables 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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Micron Technology Change In Receivables Chart

Micron Technology Annual Data

Trend

Aug14

Aug15

Aug16

Aug17

Aug18

Aug19

Aug20

Aug21

Aug22

Aug23

Change In Receivables

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2,431.00

-723.00

-1,446.00

190.00

2,763.00

Micron Technology Quarterly Data
	May19	Aug19	Nov19	Feb20	May20	Aug20	Nov20	Feb21	May21	Aug21	Nov21	Feb22	May22	Aug22	Nov22	Feb23	May23	Aug23	Nov23	Feb24
Change In Receivables	Get a 7-Day Free Trial															1,068.00	-182.00	35.00	-501.00	-1,258.00

Micron Technology Change In Receivables Calculation

Change In Accounts Receivable relative to the previous period. It is any increase or decrease in the cash a company is owed by its customers.

Change In Receivables for the trailing twelve months (TTM) ended in Feb. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was $-1,906 Mil.

Micron Technology (NAS:MU) Change In Receivables Explanation

1. Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Days Sales Outstanding measures of 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.

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

	Days Sales Outstanding
=	Accounts Receivable	/	Revenue	*	Days in Period
=	3648	/	5824	*	91
=	57.16

2. In Ben Graham's calculation of liquidation value, Micron Technology's accounts receivable are only considered to be worth 75% of book value:

Micron Technology's liquidation value for the quarter that ended in Feb. 2024 is calculated as:

	Liquidation Value
=	Cash, Cash Equivalents, Marketable Securities	-	Total Liabilities	+	(0.75 * Accounts Receivable)	+	(0.5 * Total Inventories)
=	9006	-	21848	+	0.75 * 3648	+	0.5 * 8443
=	-5,885

Micron Technology Change In Receivables Related Terms

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Micron Technology (Micron Technology) Business Description

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MU:Peru MU:Mexico MU_KZ:Kazakhstan MU:Italy MTEd:UK 0R2T:UK MTE:Germany MTE:Germany MTE:Germany MTE:Germany MUTC34:Brazil MU:Austria

Address

8000 South Federal Way, Post Office Box 6, Boise, ID, USA, 83716-9632

Website

https://www.micron.com

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