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Micron Technology Inc's account receivable for the three months ended in May. 2015 was $2,261 Mil. Micron Technology Inc's revenue for the three months ended in May. 2015 was $3,853 Mil. Hence, Micron Technology Inc's days sales outstanding for the three months ended in May. 2015 was 53.55.
Micron Technology Inc's days sales outstanding declined from May. 2014 (54.01) to May. 2015 (53.55).
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. 2014 is calculated as
Micron Technology Inc's Days Sales Outstanding for the quarter that ended in May. 2015 is calculated as:
* All numbers are in millions except for per share data and ratio. All numbers are in their own currency.
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