Micron Technology (WBO:MU) Total Current Assets : €21,724 Mil (As of Feb. 2024)

View and export this data going back to 2017. Start your Free Trial

What is Micron Technology Total Current Assets?

Total current assets includes Cash, Cash Equivalents, Marketable Securities, Total Receivables, Total Inventories, and Other Current Assets. Micron Technology's total current assets for the quarter that ended in Feb. 2024 was €21,724 Mil.

Micron Technology Total Current Assets Historical Data

The historical data trend for Micron Technology's Total Current Assets 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 Total Current Assets Chart

Micron Technology Annual Data

Trend

Aug14

Aug15

Aug16

Aug17

Aug18

Aug19

Aug20

Aug21

Aug22

Aug23

Total Current Assets

Get a 7-Day Free Trial

14,836.20

15,180.43

16,920.95

21,497.85

19,480.75

Micron Technology Quarterly Data
	May19	Aug19	Nov19	Feb20	May20	Aug20	Nov20	Feb21	May21	Aug21	Nov21	Feb22	May22	Aug22	Nov22	Feb23	May23	Aug23	Nov23	Feb24
Total Current Assets	Get a 7-Day Free Trial															20,452.73	19,995.28	19,480.75	19,457.59	21,724.25

Micron Technology Total Current Assets Calculation

Total Current Assets are the asset that can be converted to cash or used to pay current liabilities within 12 months.

Micron Technology's Total Current Assets for the fiscal year that ended in Aug. 2023 is calculated as

Total Current Assets	=	Cash, Cash Equivalents, Marketable Securities	+	Total Receivables	+	Total Inventories	+	Other Current Assets
	=	8797.698	+	2240.231	+	7690.879	+	751.94
	=	19,481

Micron Technology's Total Current Assets for the quarter that ended in Feb. 2024 is calculated as

Total Current Assets	=	Cash, Cash Equivalents, Marketable Securities	+	Total Receivables	+	Total Inventories	+	Other Current Assets
	=	8348.562	+	3982.392	+	7826.661	+	1566.63
	=	21,724

Total Current Assets is linked to the Current Ratio, which is the result of dividing total current assets by total current liabilities. It is frequently used as an indicator of a company's liquidity, its ability to meet short-term obligations.

Total Current Assets is also linked to Working Capital, Net working capital is calculated as Total Current Assets minus Total Current Liabilities.

Micron Technology (WBO:MU) Total Current Assets Explanation

In Ben Graham's calculation of liquidation value, inventory is only considered worth half of its book value, and accounts receivable is considered worth 75% of its value. Therefore the liquidation value is lower than calculated from total current assets.

Micron Technology's Liquidation Value for the quarter that ended in Feb. 2024 is

	Liquidation value
=	Cash, Cash Equivalents, Marketable Securities	-	Total Liabilities	+	(0.75 * Accounts Receivable)	+	(0.5 * Total Inventories)
=	8348.562	-	20253.096	+	0.75 * 3381.696	+	0.5 * 7826.661
=	-5,455

Micron Technology Total Current Assets Related Terms

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

Micron Technology (WBO:MU) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Semiconductors » Micron Technology Inc (WBO:MU) » Definitions » Total Current Assets

Comparable Companies

Traded in Other Exchanges

MU:USA MU:Peru MU:Mexico MU_KZ:Kazakhstan MU:Italy MTEd:UK 0R2T:UK MTE:Germany MUTC34:Brazil

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.