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Micron Technology Inc (NAS:MU)
Days Sales Outstanding
55.17 (As of May. 2016)

Micron Technology Inc's account receivable for the three months ended in May. 2016 was $1,752 Mil. Micron Technology Inc's revenue for the three months ended in May. 2016 was $2,898 Mil. Hence, Micron Technology Inc's days sales outstanding for the three months ended in May. 2016 was 55.17.

MU' s Days Sales Outstanding Range Over the Past 10 Years
Min: 41.36   Max: 83.23
Current: 50.03

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 54.57.

MU's Days Sales Outstanding is ranked higher than
63% of the 785 Companies
in the Global Semiconductor Memory industry.

( Industry Median: 58.94 vs. MU: 50.03 )

Micron Technology Inc's days sales outstanding increased from May. 2015 (53.55) to May. 2016 (55.17).


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. 2015 is calculated as

Days Sales Outstanding=Account Receivable/Revenue*Days in Period
=2188/16192*365
=49.32

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

Days Sales Outstanding=Account Receivable/Revenue*Days in Period
=1752/2898*365 / 4
=55.17

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

Micron Technology Inc Annual Data

Aug06Aug07Aug08Aug09Aug10Aug11Aug12Aug13Aug14Aug15
DaysSalesOutstanding 55.8747.4264.4960.6453.2745.8941.3683.2356.3249.32

Micron Technology Inc Quarterly Data

Feb14May14Aug14Nov14Feb15May15Aug15Nov15Feb16May16
DaysSalesOutstanding 56.6154.0154.4945.9153.4253.5555.4652.8252.6855.17
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