Micron Technology (MIL:1MU) Accounts Payable & Accrued Expense : €4,338 Mil (As of Feb. 2024)

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What is Micron Technology Accounts Payable & Accrued Expense?

Micron Technology's quarterly accounts payable & accrued expense increased from Aug. 2023 (€3,629 Mil) to Nov. 2023 (€3,646 Mil) and increased from Nov. 2023 (€3,646 Mil) to Feb. 2024 (€4,338 Mil).

Micron Technology's annual accounts payable & accrued expense increased from Aug. 2021 (€4,526 Mil) to Aug. 2022 (€6,011 Mil) but then declined from Aug. 2022 (€6,011 Mil) to Aug. 2023 (€3,629 Mil).

Micron Technology Accounts Payable & Accrued Expense Historical Data

The historical data trend for Micron Technology's Accounts Payable & Accrued Expense can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

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Micron Technology Accounts Payable & Accrued Expense Chart

Micron Technology Annual Data

Trend

Aug14

Aug15

Aug16

Aug17

Aug18

Aug19

Aug20

Aug21

Aug22

Aug23

Accounts Payable & Accrued Expense

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4,158.77

4,915.37

4,526.25

6,010.83

3,629.49

Micron Technology Quarterly Data
	May19	Aug19	Nov19	Feb20	May20	Aug20	Nov20	Feb21	May21	Aug21	Nov21	Feb22	May22	Aug22	Nov22	Feb23	May23	Aug23	Nov23	Feb24
Accounts Payable & Accrued Expense	Get a 7-Day Free Trial															4,025.54	3,842.84	3,629.49	3,646.10	4,338.36

Micron Technology Accounts Payable & Accrued Expense Calculation

Accounts payable & accrued expense usually includes accounts payable, accrued compensation and related benefits, etc.

Accounts payable is money owed by a business to its suppliers shown as a liability on a company's balance sheet. It is distinct from notes payable liabilities, which are debts created by formal legal instrument documents.

It is part of the current portion of the liabilities (due within one year or within the normal operating cycle if longer) reflected on the balace sheet of the company. A higher Accounts Payable means lower Working Capital needed to operate the business.

Micron Technology (MIL:1MU) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Semiconductors » Micron Technology Inc (MIL:1MU) » Definitions » Accounts Payable & Accrued Expense

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Address

8000 South Federal Way, Post Office Box 6, Boise, ID, USA, 83716-9632

Website

https://www.micron.com

Micron is one of the largest semiconductor companies in the world, specializing in memory and storage chips. Its primary revenue stream comes from dynamic random access memory, or DRAM, and it also has minority exposure to not-and or NAND, flash chips. Micron serves a global customer base, selling chips into data centers, mobile phones, consumer electronics, and industrial and automotive applications. The firm is vertically integrated.

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