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Micron Technology Days Inventory

: 109.06 (As of May. 2022)
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Days Inventory is also known as Days Sales of Inventory (DSI). Micron Technology's Average Total Inventories for the three months ended in May. 2022 was $5,506 Mil. Micron Technology's Cost of Goods Sold for the three months ended in May. 2022 was $4,607 Mil. Hence, Micron Technology's Days Inventory for the three months ended in May. 2022 was 109.06.

The historical rank and industry rank for Micron Technology's Days Inventory or its related term are showing as below:

MU' s Days Inventory Range Over the Past 10 Years
Min: 79.72   Med: 97.92   Max: 128.64
Current: 105.52

During the past 13 years, Micron Technology's highest Days Inventory was 128.64. The lowest was 79.72. And the median was 97.92.

MU's Days Inventory is ranked worse than
54.69% of 863 companies
in the Semiconductors industry
Industry Median: 97.68 vs MU: 105.52

Micron Technology's Days Inventory increased from May. 2021 (98.56) to May. 2022 (109.06). It might indicate that Micron Technology's sales slowed down.

Inventory Turnover measures how fast the company turns over its inventory within a year. Micron Technology's Inventory Turnover for the three months ended in May. 2022 was 0.84.

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 three months ended in May. 2022 was 0.64.


Micron Technology Days Inventory Historical Data

The historical data trend for Micron Technology's Days 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.

* Premium members only.

Micron Technology Annual Data
Trend Aug12 Aug13 Aug14 Aug15 Aug16 Aug17 Aug18 Aug19 Aug20 Aug21
Days Inventory
Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 92.31 98.08 125.17 128.64 104.12

Micron Technology Quarterly Data
Aug17 Nov17 Feb18 May18 Aug18 Nov18 Feb19 May19 Aug19 Nov19 Feb20 May20 Aug20 Nov20 Feb21 May21 Aug21 Nov21 Feb22 May22
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 98.56 94.39 103.09 113.34 109.06

Competitive Comparison

For the Semiconductors subindustry, Micron Technology's Days Inventory, along with its competitors' market caps and Days Inventory data, can be viewed below:

* 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. Note that "N/A" values will not show up in the chart.

   

Micron Technology Days Inventory Distribution

For the Semiconductors industry and Technology sector, Micron Technology's Days Inventory distribution charts can be found below:

* The bar in red indicates where Micron Technology's Days Inventory falls into.



Micron Technology Days Inventory Calculation

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 fiscal year that ended in Aug. 2021 is calculated as

Days Inventory (A: Aug. 2021 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (A: Aug. 2020 ) + Total Inventories (A: Aug. 2021 )) / count ) / Cost of Goods Sold (A: Aug. 2021 )*Days in Period
=( (5373 + 4487) / 2 ) / 17282*365
=4930 / 17282*365
=104.12

Micron Technology's Days Inventory for the quarter that ended in May. 2022 is calculated as:

Days Inventory (Q: May. 2022 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (Q: Feb. 2022 ) + Total Inventories (Q: May. 2022 )) / count ) / Cost of Goods Sold (Q: May. 2022 )*Days in Period
=( (5383 + 5629) / 2 ) / 4607*365 / 4
=5506 / 4607*365 / 4
=109.06

* 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) Days Inventory Explanation

Days Inventory indicates the liquidity of the inventory. Generally, a lower Days Inventory is preferred as it indicates a shorter duration to clear off the inventory. An increase of the ratio may indicate the company's sales slowed. Similar ratios related to Days Inventory are:

1. Inventory Turnover measures how fast the company turns over its inventory within a year.

Micron Technology's Inventory Turnover for the three months ended in May. 2022 is calculated as

2. 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 three months ended in May. 2022 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.


Be Aware

A lot of business are seasonable. It makes more sense to compare Days Inventory from the same period in the previous year instead of from the previous quarter.


Micron Technology Days Inventory Related Terms

Thank you for viewing the detailed overview of Micron Technology's Days Inventory provided by GuruFocus.com. Please click on the following links to see related term pages.


Micron Technology Business Description

Micron Technology logo
Address
8000 South Federal Way, Post Office Box 6, Boise, ID, USA, 83716-9632
Micron historically focused on designing and manufacturing DRAM for PCs. The firm then expanded into the NAND flash memory market. It increased its DRAM scale with the purchase of Elpida (completed in mid-2013) and Inotera (completed in December 2016). The firm's DRAM and NAND products tailored to PCs, data centers, smartphones, game consoles, automotives, and other computing devices.
Executives
Murphy Mark J. officer: EVP & Chief Financial Officer DELPHI AUTOMOTIVE PLC 5725 DELPHI DRIVE TROY MI 48098
Beard Robert P officer: SVP, General Counsel&Secretary 8000 S. FEDERAL WAY BOISE ID 83716
Haynesworth Linnie M director 214 N TRYON STREET CHARLOTTE NC 28202
Allen Scott R. officer: CVP, Chief Accounting Officer 11690 N.W. 105TH STREET MIAMI FL 33178
Dugle Lynn A director 4803 STONECROFT BOULEVARD CHANTILLY VA 20151
Marosvari Paul officer: VP, Chief Accounting Officer 8000 S. FEDERAL WAY BOISE ID 83716
Wright Mary Ann director 250 STEPHENSON HIGHWAY TROY MI 48083
Gomo Steven J director 495 E. JAVA DRIVE SUNNYVALE CA 94089
Mccarthy Mary Pat director 2704 WEST 112TH STREET LEAWOOD KS 66211
Bokan Michael W officer: SVP, WORLDWIDE SALES 8000 S FEDERAL WAY MS 1-557 BOISE ID 83716
Zinsner David officer: SVP & Chief Financial Officer 1001 MURPHY RANCH ROAD MILPITAS CA 95035
Bhatia Manish H officer: EVP, Global Operations C/O WESTERN DIGITAL CORPORATION 5601 GREAT OAKS PARKWAY SAN JOSE CA 95119
Sadana Sumit officer: EVP & Chief Business Officer 47544 AVALON HEIGHTS TERRACE FREMONT CA 94539
Mehrotra Sanjay officer: President & CEO C/O WESTERN DIGITAL CORPORATION 3355 MICHELSON DRIVE, SUITE 100 IRVINE CA 92612
Maddock Ernest E officer: CFO & VP, Finance LAM RESEARCH 4650 CUSHING PARKWAY FREMONT CA 94538

Micron Technology Headlines

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