Micron Technology (MIL:1MU) COGS-to-Revenue : 0.81 (As of Feb. 2024)

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What is Micron Technology COGS-to-Revenue?

Micron Technology's Cost of Goods Sold for the three months ended in Feb. 2024 was €4,399 Mil. Its Revenue for the three months ended in Feb. 2024 was €5,399 Mil.

Micron Technology's COGS to Revenue for the three months ended in Feb. 2024 was 0.81.

Cost of Goods Sold is directly linked to profitability of the company through Gross Margin. Micron Technology's Gross Margin % for the three months ended in Feb. 2024 was 18.53%.

Micron Technology COGS-to-Revenue Historical Data

The historical data trend for Micron Technology's COGS-to-Revenue 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.

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Micron Technology COGS-to-Revenue Chart

Micron Technology Annual Data

Trend

Aug14

Aug15

Aug16

Aug17

Aug18

Aug19

Aug20

Aug21

Aug22

Aug23

COGS-to-Revenue

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0.54

0.69

0.62

0.55

1.09

Micron Technology Quarterly Data
	May19	Aug19	Nov19	Feb20	May20	Aug20	Nov20	Feb21	May21	Aug21	Nov21	Feb22	May22	Aug22	Nov22	Feb23	May23	Aug23	Nov23	Feb24
COGS-to-Revenue	Get a 7-Day Free Trial															1.33	1.18	1.11	1.01	0.81

Micron Technology COGS-to-Revenue Calculation

Micron Technology's COGS to Revenue for the fiscal year that ended in Aug. 2023 is calculated as

COGS to Revenue	=	Cost of Goods Sold	/	Revenue
	=	15548.652	/	14250.18
	=	1.09

Micron Technology's COGS to Revenue for the quarter that ended in Feb. 2024 is calculated as

COGS to Revenue	=	Cost of Goods Sold	/	Revenue
	=	4398.615	/	5398.848
	=	0.81

Micron Technology (MIL:1MU) COGS-to-Revenue Explanation

Cost of Goods Sold is directly linked to profitability of the company through Gross Margin.

Micron Technology's Gross Margin % for the three months ended in Feb. 2024 is calculated as:

Gross Margin %	=	1	-	COGS to Revenue
	=	1	-	Cost of Goods Sold / Revenue
	=	1	-	4398.615 / 5398.848
	=	18.53 %

A company that has a moat can usually maintain or even expand their Gross Margin. A company can increase its Gross Margin in two ways. It can increase the prices of the goods it sells and keeps its Cost of Goods Sold unchanged. Or it can keep the sales price unchanged and squeeze its suppliers to reduce the Cost of Goods Sold. Warren Buffett believes businesses with the power to raise prices have moats.

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Micron Technology (MIL:1MU) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Semiconductors » Micron Technology Inc (MIL:1MU) » Definitions » COGS-to-Revenue

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

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.

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