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Micron Technology Inc  (NAS:MU) Days Inventory: 93.29 (As of Aug. 2017)

Micron Technology Inc's Total Inventories for the three months ended in Aug. 2017 was $3,094 Mil. Micron Technology Inc's Cost of Goods Sold for the three months ended in Aug. 2017 was $3,026 Mil. Hence, Micron Technology Inc's days inventory for the three months ended in Aug. 2017 was 93.29.

NAS:MU' s Days Inventory Range Over the Past 10 Years
Min: 79.29   Max: 112.67
Current: 91.06

79.29
112.67

During the past 13 years, Micron Technology Inc's highest Days Inventory was 112.67. The lowest was 79.29. And the median was 89.85.

NAS:MU's Days Inventory is ranked lower than
60% of the 827 Companies
in the Global industry.

( Industry Median: 79.77 vs. NAS:MU: 91.06 )

Micron Technology Inc's days inventory declined from Aug. 2016 (100.47) to Aug. 2017 (93.29).

Total Inventories can be measured by Days Sales of Inventory (DSI).

Inventory Turnover measures how fast the company turns over its inventory within a year. Micron Technology Inc's Inventory Turnover for the three months ended in Aug. 2017 was 0.98.

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 Inc's Inventory-to-Revenue for the three months ended in Aug. 2017 was 0.50.


Historical Data

* All numbers are in millions except for per share data and ratio. All numbers are in their local exchange's currency.

* Premium members only.

Micron Technology Inc Annual Data

Aug08 Aug09 Aug10 Aug11 Aug12 Aug13 Aug14 Aug15 Aug16 Aug17
Days Inventory Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 112.67 85.29 79.72 96.45 92.31

Micron Technology Inc Quarterly Data

Nov12 Feb13 May13 Aug13 Nov13 Feb14 May14 Aug14 Nov14 Feb15 May15 Aug15 Nov15 Feb16 May16 Aug16 Nov16 Feb17 May17 Aug17
Days Inventory Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 100.47 86.95 89.11 93.56 93.29

Competitive Comparison
* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap.


Calculation

Days Inventory indicates the number of days of goods in sales that a company has in the inventory.

Micron Technology Inc's Days Inventory for the fiscal year that ended in Aug. 2017 is calculated as

Days Inventory (A: Aug. 2017 )
=Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (A: Aug. 2016 ) + Total Inventories (A: Aug. 2017 )) / 2 ) / Cost of Goods Sold (A: Aug. 2017 )*Days in Period
=( (2889 + 3123) / 2 ) / 11886*365
=3006 / 11886*365
=92.31

Micron Technology Inc's Days Inventory for the quarter that ended in Aug. 2017 is calculated as:

Days Inventory (Q: Aug. 2017 )
=Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (Q: May. 2017 ) + Total Inventories (Q: Aug. 2017 )) / 2 ) / Cost of Goods Sold (Q: Aug. 2017 )*Days in Period
=( (3064 + 3123) / 2 ) / 3026*365 / 4
=3093.5 / 3026*365 / 4
=93.29

* All numbers are in millions except for per share data and ratio. All numbers are in their local exchange's currency.

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