Micron Technology's change in inventory for the quarter that ended in Feb. 2024 was $-168 Mil. It means Micron Technology's inventory
increased by $168 Mil
from Nov. 2023 to Feb. 2024 .
Micron Technology's change in inventory for the fiscal year that ended in Aug. 2023 was $-3,555 Mil. It means Micron Technology's inventory
increased by $3,555 Mil
from Aug. 2022 to Aug. 2023 .
Micron Technology's Total Inventories for the quarter that ended in Feb. 2024 was $8,443 Mil.
Days Inventory indicates the number of days of goods in sales that a company has in the inventory.
Micron Technology's Days Inventory for the quarter that ended in Feb. 2024 was 160.76.
Inventory Turnover measures how fast the company turns over its inventory within a year.
Micron Technology's Inventory Turnover for the quarter that ended in Feb. 2024 was 0.57.
Inventory-to-Revenue determines the ability of a company to manage their inventory levels. It measures the percentage of Inventories the company currently has on hand to support the current amount of Revenue.
Micron Technology's Inventory-to-Revenue for the quarter that ended in Feb. 2024 was 1.44.
Micron Technology Change In Inventory Historical Data
The historical data trend for Micron Technology's Change In Inventory 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.
Change In Inventory is the difference between last period's ending inventory and the current period's ending inventory.
Change In Inventory for the trailing twelve months (TTM) ended in Feb. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was $-716 Mil.
* 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.
Micron Technology (NAS:MU) Change In Inventory Explanation
1. Days Inventory indicates the number of days of goods in sales that a company has in the inventory.
Micron Technology's Days Inventory for the quarter that ended in is calculated as:
3. Inventory-to-Revenue determines the ability of a company to manage their inventory levels. It measures the percentage of Inventories the company currently has on hand to support the current amount of Revenue.
Micron Technology's Inventory to Revenue for the quarter that ended in Feb. 2024 is calculated as
* 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.
Micron Technology Change In Inventory Related Terms
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Micron Technology (Micron Technology) Business Description
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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