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Micron Technology Inc's account receivable for the three months ended in Feb. 2016 was $1,694 Mil. Micron Technology Inc's revenue for the three months ended in Feb. 2016 was $2,934 Mil. Hence, Micron Technology Inc's days sales outstanding for the three months ended in Feb. 2016 was 52.68.
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 54.57.
Micron Technology Inc's days sales outstanding declined from Feb. 2015 (53.42) to Feb. 2016 (52.68).
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. 2015 is calculated as
Micron Technology Inc's Days Sales Outstanding for the quarter that ended in Feb. 2016 is calculated as:
For retailers, when we compare Days Sales Outstanding, it is important to compare the same period in the previous years.
Micron Technology Inc Annual Data
Micron Technology Inc Quarterly Data