Switch to:
Micron Technology Inc  (NAS:MU) Days Payable: 46.10 (As of May. 2017)

Micron Technology Inc's payable for the three months ended in May. 2017 was $1,494 Mil. Micron Technology Inc's Cost of Goods Sold for the three months ended in May. 2017 was $2,957 Mil. Hence, Micron Technology Inc's days payable for the three months ended in May. 2017 was 46.10.

NAS:MU' s Days Payable Range Over the Past 10 Years
Min: 33.29   Max: 61.63
Current: 45.88

33.29
61.63

During the past 13 years, Micron Technology Inc's highest Days Payable was 61.63. The lowest was 33.29. And the median was 39.03.

NAS:MU's Days Payable is ranked lower than
58% of the 758 Companies
in the Global industry.

( Industry Median: 53.42 vs. NAS:MU: 45.88 )

Micron Technology Inc's days payable increased from May. 2016 (42.01) to May. 2017 (46.10). It may suggest that Micron Technology Inc delayed paying its suppliers.


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 Payable Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 52.94 33.29 33.92 43.75 0.00

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 Payable 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 41.02 40.21 42.77 46.10 0.00

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 Payable indicates the number of days that the account payable relative to revenue the company has. An increase of Days Payable may suggest that the company delays paying its suppliers.

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

Days Payable=Payable/Cost of Goods Sold*Days in Period
=0/11886*365
=0.00

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

Days Payable=Payable/Cost of Goods Sold*Days in Period
=1494/2957*365 / 4
=46.10

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


Related Terms

Get WordPress Plugins for easy affiliate links on Stock Tickers and Guru Names | Earn affiliate commissions by embedding GuruFocus Charts
GuruFocus Affiliate Program: Earn up to $400 per referral. ( Learn More)

GF Chat

{{numOfNotice}}
FEEDBACK