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Micron Technology Inc (NAS:MU)
Days Payable
37.00 (As of Nov. 2015)

Micron Technology Inc's payable for the three months ended in Nov. 2015 was $1,014 Mil. Micron Technology Inc's cost of goods sold for the three months ended in Nov. 2015 was $2,501 Mil. Hence, Micron Technology Inc's days payable for the three months ended in Nov. 2015 was 37.00.

MU' s Days Payable Range Over the Past 10 Years
Min: 33.29   Max: 76.55
Current: 35.1

33.29
76.55

During the past 13 years, Micron Technology Inc's highest Days Payable was 76.55. The lowest was 33.29. And the median was 41.09.

MU's Days Payable is ranked lower than
72% of the 756 Companies
in the Global Semiconductor Memory industry.

( Industry Median: 51.88 vs. MU: 35.10 )

Micron Technology Inc's days payable increased from Nov. 2014 (29.88) to Nov. 2015 (37.00). It may suggest that Micron Technology Inc delayed paying its suppliers.


Definition

Days Payable indicates the number of days that the account payable relative to revenue the company has. An increase of Days Payable may suggest that the company delays paying its suppliers.

Micron Technology Inc's Days Payable for the fiscal year that ended in Aug. 2015 is calculated as

Days Payable=Payable/Cost of Goods Sold*Days in Period
=1020/10977*365
=33.92

Micron Technology Inc's Days Payable for the quarter that ended in Nov. 2015 is calculated as:

Days Payable=Payable/Cost of Goods Sold*Days in Period
=1014/2501*365 / 4
=37.00

* All numbers are in millions except for per share data and ratio. All numbers are in their own currency.


Related Terms

Revenue


Historical Data

* All numbers are in millions except for per share data and ratio. All numbers are in their own currency.

Micron Technology Inc Annual Data

Aug06Aug07Aug08Aug09Aug10Aug11Aug12Aug13Aug14Aug15
DaysPayable 76.5567.7736.9636.620.0061.6341.0952.9433.2933.92

Micron Technology Inc Quarterly Data

Aug13Nov13Feb14May14Aug14Nov14Feb15May15Aug15Nov15
DaysPayable 44.7938.4738.9847.0631.9829.8831.3334.4235.3937.00
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