Switch to:
GuruFocus has detected 5 Warning Signs with Micron Technology Inc $MU.
More than 500,000 people have already joined GuruFocus to track the stocks they follow and exchange investment ideas.
Micron Technology Inc (NAS:MU)
Days Sales Outstanding
49.69 (As of Nov. 2016)

Micron Technology Inc's account receivable for the three months ended in Nov. 2016 was $2,162 Mil. Micron Technology Inc's revenue for the three months ended in Nov. 2016 was $3,970 Mil. Hence, Micron Technology Inc's days sales outstanding for the three months ended in Nov. 2016 was 49.69.

MU' s Days Sales Outstanding Range Over the Past 10 Years
Min: 41.36   Max: 83.23
Current: 60.61

41.36
83.23

During the past 13 years, Micron Technology Inc's highest Days Sales Outstanding was 83.23. The lowest was 41.36. And the median was 52.62.

MU's Days Sales Outstanding is ranked higher than
53% of the 768 Companies
in the Global Semiconductor Memory industry.

( Industry Median: 63.33 vs. MU: 60.61 )

Micron Technology Inc's days sales outstanding declined from Nov. 2015 (52.82) to Nov. 2016 (49.69).


Definition

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 receivables are being managed.

Account receivable can be measured by Days Sales Outstanding.

Micron Technology Inc's Days Sales Outstanding for the fiscal year that ended in Aug. 2016 is calculated as

Days Sales Outstanding=Account Receivable/Revenue*Days in Period
=1765/12399*365
=51.96

Micron Technology Inc's Days Sales Outstanding for the quarter that ended in Nov. 2016 is calculated as:

Days Sales Outstanding=Account Receivable/Revenue*Days in Period
=2162/3970*365 / 4
=49.69

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


Explanation

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


Related Terms

Account Receivable, Revenue


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
DaysSalesOutstanding 47.4264.4960.6453.2745.8941.3683.2356.3249.3251.96

Micron Technology Inc Quarterly Data

Aug14Nov14Feb15May15Aug15Nov15Feb16May16Aug16Nov16
DaysSalesOutstanding 54.4945.9153.4253.5555.4652.8252.6855.1750.0649.69
Get WordPress Plugins for easy affiliate links on Stock Tickers and Guru Names | Earn affiliate commissions by embedding GuruFocus Charts
GuruFocus Affiliate Program: Earn up to $400 per referral. ( Learn More)
FEEDBACK