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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.
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.
Micron Technology Inc's days sales outstanding declined from Nov. 2015 (52.82) to Nov. 2016 (49.69).
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
Micron Technology Inc's Days Sales Outstanding for the quarter that ended in Nov. 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